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European Economic News Preview: German Ifo Business Confidence Due
(RTTNews) - Business confidence survey data from Germany is the top economic news due on Tuesday, headlining a light day for the European economic news.
At 4.00 am ET, Spain's INE publishes producer prices for February. Prices had increased 2.6 percent annually in January.
At 5.00 am ET, Germany's ifo business confidence survey results are due. The business confidence index is forecast to rise to 86.8 in March from 85.2 in the previous month. At 7.00 am ET, the Confederation of British Industry publishes Distributive Trades survey results. The retail sales balance is expected to fall to -28 percent in March from -23 percent in February.
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European stocks were mostly higher on Thursday as Nvidia's positive results helped ease AI slowdown fears. U.K. markets underperformed as banks and utilities declined.
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Asian Shares Rise As Nvidia Beats Expectations
Asian stocks ended mostly higher on Thursday as Nvidia's strong results quelled worries over weakening AI demand.
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U.S. Dollar Falls Against Majors
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European Shares Seen Higher At Open
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Sensex Nifty Decline On Tariff Worries
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European Economic News Preview: Eurozone Economic Sentiment Data Due
Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
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