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European Economics Preview: UK Unemployment Data Due
(RTTNews) - Labor market statistics from the UK is due on Tuesday, headlining a light day for the European economic news.
At 2.00 am ET, the Office for National Statistics releases UK labor market statistics. The ILO jobless rate is seen at 3.6 percent in three months to August, unchanged from three months to July.
At 3.00 am ET, the Czech Statistical Office is scheduled to issue inflation data for September. Consumer price inflation is seen unchanged at 17.2 percent. Consumer price figures are due from Hungary.
At 4.00 am ET, Italy's Istat releases industrial production for August. Economists forecast industrial output to grow 0.2 percent on month, slower than the 0.4 percent increase in July.
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Korea Rate Decision Due On Thursday
The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is widely expected to keep its benchmark lending rate unchanged at 2.75 percent.
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hace 14 minutos
Euro Falls Against Most Majors
The euro fell against its most major counterparts in the New York session on Wednesday.
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hace 1h 35min
Swiss Market Ends Notably Lower
Swiss stocks turned in a weak performance on Wednesday, losing ground gradually after opening marginally down, as uncertainty about U.S. government's trade policies rendered the mood cautious.
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hace 4h 57min
European Stocks Fail To Hold Early Gains, Close Broadly Lower
Despite opening on a positive note, European stocks closed broadly lower on Wednesday as investors largely made cautious moves, awaiting more clarity on U.S. President Donald Trump's tariff moves and other policy decisions.
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hace 5h 26min
Canadian Market Slightly Lower; BoM, National Bank Rise On Results
The Canadian market is slightly down on Wednesday with stocks moving in a tight range as investors digest earnings updates from Bank of Montreal and National Bank of Canada, and await further developments on trade negotiations between the U.S. and its major trading partners.
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hace 6h 4min
Kingfisher Q1 Sales Rise, Says Confident Of FY25 View; But Stock Down
Home improvement retailer Kingfisher Plc reported Wednesday higher sales in its first quarter, benefited by improved results in UK & Ireland. Meanwhile, sales in France and Poland declined, and the company maintained its fiscal 2025 outlook. On the London Stock Exchange, Kingfisher shares were losing around 3.5 percent.
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hace 9h 32min
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Wednesday morning with investors tracking global cues and reacting to earnings from major Canadian banks. Investors are also awaiting earnings update from U.S.
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hace 9h 44min
FTSE 100 Down Marginally
UK stocks are marginally down in lackluster trade on Wednesday as investors look for directional clues after recent gains following U.S. President Donald Trump deciding to pause the recently announced 50% tariffs on imports from EU, paving the way for further trade negotiations.
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hace 10h 33min
