European Economic News Preview: Germany Flash Inflation Data Due

RTTNews | il y a 779
European Economic News Preview: Germany Flash Inflation Data Due

(RTTNews) - Flash inflation from Germany and economic sentiment from the euro area are the top economic news due on Thursday.

At 3.00 am ET, Spain's INE publishes flash consumer and harmonized prices for June. Consumer price inflation is seen easing to 1.7 percent from 3.2 percent in May.

At 3.30 am ET, Sweden's central bank announces its monetary policy decision. Economists expect the bank to lift its key rate by a quarter-point to 3.75 percent.

At 4.30 am ET, the Bank of England is set to release mortgage approvals for May. The number of mortgage approvals is seen at 48,750 compared to 48,690 in the previous month.

At 5.00 am ET, the European Commission publishes euro area economic confidence survey results. Economists forecast the economic sentiment index to fall to 96.0 in June from 96.5 in the previous month.

At 8.00 am ET, Destatis publishes Germany's flash inflation figures for June. Consumer price inflation is expected to rise to 6.3 percent from 6.1 percent in May.

read more
Euro Higher Against Majors

Euro Higher Against Majors

The euro appreciated against its major counterparts in the New York session on Friday.
RTTNews | il y a 12h 31min
TSX Down Marginally In Lackluster Trade

TSX Down Marginally In Lackluster Trade

Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.
RTTNews | il y a 15h 21min
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market ended on a firm note on Friday with stocks from across several sectors gaining ground on sustained buying support. The mood remained positive right through the day's session, amid some expectations about an end to the Ukraine war.
RTTNews | il y a 15h 49min
European Stocks Close Mixed After Cautious Session

European Stocks Close Mixed After Cautious Session

European stocks closed on a mixed note on Friday with investors largely staying cautious, awaiting the meeting of the Presidents of the U.S. and Russia, and continuing to assess Trump administration's tariff moves and their impact on global economic growth.
RTTNews | il y a 16h 7min
U.S. Business Inventories Rise In Line With Estimates In June

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.
RTTNews | il y a 17h 45min
U.S. Consumer Sentiment Unexpectedly Deteriorates In August

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
RTTNews | il y a 18h 3min
U.S. Industrial Production Pulls Back Slightly In July

U.S. Industrial Production Pulls Back Slightly In July

A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.
RTTNews | il y a 18h 32min
New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.
RTTNews | il y a 18h 57min