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European Economics Preview: Eurozone Current Account Data Due
(RTTNews) - Current account data from the euro area is due on Tuesday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is scheduled to issue Germany's producer price data. Producer price inflation is seen at 37.1 percent in August versus 37.2 percent in July.
At 3.00 am ET, the State Secretariat for Economic Affairs releases Swiss August economic forecast.
At 3.30 am ET, Sweden's central bank announces its monetary policy decision. The bank is forecast to raise its key rate to 1.50 percent from 0.75 percent.
At 4.00 am ET, the European Central Bank publishes euro area current account data. The current account surplus is seen at EUR 5.3 billion in July versus EUR 4.2 billion in June.
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Australia Unemployment Data Due On Thursday
Australia will on Thursday release April numbers for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to hold steady at 4.1 percent, with the addition of 20,900 jobs following the increase of 32,200 jobs in March.
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hace 50 minutos
European Markets Close With Mild Losses
The major European stock markets finished moderately to the downside in cautious trade on Wednesday as benign U.S. inflation data prompted traders to pare back Fed rate cut bets for this year.
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hace 2h 27min
Swiss Franc Weakens Against Majors
The Swiss franc fell against its major counterparts in the New York session on Wednesday.
The franc edged down to 1.1182 against the pound and 0.8436 against the greenback, from an early high of 1.1117 and a 5-day high of 0.8324, respectively.
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hace 2h 47min
Pound Falls Against U.S. Dollar, Euro
The pound dropped against the U.S. dollar and the euro in the New York session on Wednesday.
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hace 3h 57min
E.ON Confirms Outlook After Higher Q1 Adj. Earnings
German utility E.ON SE reported Wednesday a significant increase in its first-quarter adjusted earnings and Group EBITDA with growth in all three core segments. Further, the firm affirmed its guidance for 2025 and its outlook through 2028. On the XETRA in Germany, E.ON shares were gaining around 1.36 percent.
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hace 9h 13min
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Wednesday.
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hace 11h 37min
FTSE 100 Flat As Stocks Move In Tight Range
U.K. stocks are mostly subdued in lackluster trade on Wednesday as investors react to a mixed batch of earnings announcements, and await more economic data from the U.S., and clarity about Trump administration's stance on tariffs with regard to European countries.
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hace 12h 12min
CAC 40 Down 0.66%; Bouygues Rises Sharply On Earnings
French stocks are exhibiting weakness on Wednesday, snapping a four-session winning streak, as investors focus on earnings and other corporate news, and await more economic data for directional clues. Some profit taking is also contributing to market's weakness.
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hace 12h 33min
