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European Economic News Preview: Germany Ifo Business Confidence Due
(RTTNews) - Business confidence from Germany is the only major economic report due on Monday, headlining a light day for the European economic news.
At 3.00 am ET, Spain's statistical office INE is set to publish producer prices for May. Producer prices are forecast to fall again by 4.5 percent on a yearly basis in May.
At 4.00 am ET, Germany's Ifo business confidence survey results are due. Economists expect the business sentiment index to fall to 90.7 in June from 91.7 in May.
In the meantime, unemployment data is due from Poland. The jobless rate is forecast to fall to 5.1 percent in May from 5.2 percent in April.
At 7.00 am ET, Germany's central bank is scheduled to issue monthly report.
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Japan Household Spending Data Due On Friday
Japan will on Friday release July figures for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to rise 1.3 percent on month and 2.2 percent on year after sinking 5.2 percent on month and climbing 1.3 percent on year in June.
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il y a 49 minutes
Swiss Franc Falls Against Majors
The Swiss franc dropped against its major counterparts in the New York session on Thursday.
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il y a 2h 6min
Canadian Market Looks Headed For Another Positive Close
The Canadian market is firmly placed in positive territory Thursday afternoon, thanks largely to a fine performance by several technology stocks, and a few frontline stocks from consumer discretionary, real estate, communications and financials sectors.
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il y a 4h 41min
Swiss Market Closes On Buoyant Note
The Switzerland market closed on a strong note on Thursday, in line with most of the markets across Europe, amid rising expectations of a rate cut by the Federal Reserve, and easing concerns about tariffs.
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il y a 5h 16min
European Stocks Close Higher Ahead Of Crucial U.S. Jobs Data
European stocks closed mostly higher on Thursday, with most of the markets in the region gaining for a second straight day amid cooling bond markets. Still, the mood in the markets remained a bit cautious with investors looking ahead to crucial U.S. non-farm payroll data on Friday.
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il y a 5h 51min
U.S. Services Index Climbs To Six-Month High In August
Service sector growth in the U.S. accelerated by more than anticipated in the month of August, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI rose to 52.0 in August from 50.1 in July, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.
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il y a 8h 18min
U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated
A report released by the Labor Department on Thursday showed labor productivity in the U.S. surged by much more than previously estimated in the second quarter of 2025. The Labor Department said labor productivity shot up by 3.3 percent in the second quarter compared to the previously reported 2.4 percent jump. Economists had expected the increase in labor productivity to be unrevised.
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il y a 8h 36min
U.S. Trade Deficit Widens More Than Expected As Imports Spike
With the value of imports spiking, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened more than expected in the month of July. The Commerce Department said the trade deficit shot up to $78.3 billion in July from a revised $59.6 billion in June. Economists had expected the trade deficit to increase to $75.7 billion.
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il y a 9h 6min
