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European Economics Preview: France Industrial Output Data Due
(RTTNews) - Industrial production from France is the only major statistical report due on Friday, headlining a light day for the European economic news.
At 2.00 am ET, Statistics Norway releases consumer and producer prices for August. Consumer price inflation is forecast to rise to 7.1 percent from 6.8 percent in July.
At 2.45 am ET, France's statistical office Insee is slated to issue industrial production for July. Economists expect output to fall 0.5 percent on month, reversing a 1.4 percent rise in June.
At 3.00 am ET, industrial production figures are due from Spain, Austria and Slovakia. At 5.00 am ET, industrial production and consumer price figures are due from Greece.
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Canadian Market Turns Weak, Set To Snap 10-session Winning Streak
After ten straight days of gains, the Canadian market is down in negative territory Wednesday afternoon, weighed down by losses in healthcare, technology, real estate and consumer discretionary sectors.
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Swiss Markets Ends Modestly Lower
The Switzerland market ended lower on Wednesday after languishing in negative territory right through the day's trading session, as concerns about trade and geopolitical uncertainty rendered the mood cautious, prompting investors to refrain from making significant moves.
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European Stocks Close On Mixed Note Amid Geopolitical, Trade Uncertainty
European stocks turned in a mixed performance on Wednesday after a cautious session as investors awaited clarity on the trade front. The impasse in Ukraine peace talks and data showing a bigger than expected increase in UK inflation weighed on sentiment.
A downward revision in U.S. federal deficit weighed as well.
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Bay Street Seen Opening On Mixed Note
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Firm bullion and crude oil prices could trigger buying in resources sectors and limit market's downside.
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FTSE 100 Down Marginally As Investors Focus On Inflation Data, Earnings
U.K. stocks are marginally down on Wednesday amid concerns over an impasse in Russia-Ukraine peace talks, a lack of progress in trade negotiations, and data showing an acceleration in British consumer price inflation in the month of April.
Investors are also reacting to some corporate earnings announcements.
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CAC 40 Moderately Lower In Cautious Trade
French stocks are under a bit of pressure on Wednesday amid uncertainty about Ukraine-Russia peace talks, and a lack of positive progress on the trade front. The recent downgrade of U.S. sovereign credit rating by Moody's weigh as well on investor sentiment.
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