European Economic News Preview: Germany Factory Orders, Construction PMI Data Due

RTTNews | 663 दिनों पहले
European Economic News Preview: Germany Factory Orders, Construction PMI Data Due

(RTTNews) - Factory orders and construction Purchasing Managers' survey results from Germany are the top economic news due on Friday.

At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for June. Orders are forecast to fall 1.5 percent on month, in contrast to the 6.4 percent increase in May.

At 2.45 am ET, France's statistical office INSEE publishes industrial production data. Economists expect production to drop 0.3 percent on a monthly basis in June, reversing a 1.2 percent gain in May.

At 3.00 am ET, Spain's INE publishes industrial output figures for June.

Half an hour later, S&P Global is scheduled to issue Germany's construction Purchasing Managers' survey data.

At 4.00 am ET, Italy's statistical office ISTAT is set to release industrial production figures for June. Economists forecast output to drop 0.4 percent on month after a 1.6 percent rise in May.

At 4.30 am ET, UK S&P/CIPS construction PMI survey data is due. The construction index is expected to drop to 48.0 in July from 48.9 in June.

At 5.00 am ET, Eurostat publishes euro area retail sales data for June. Economists expect sales to grow 0.2 percent on month after staying flat in May.

read more
U.S. Dollar Rises As Traders Await FOMC Minutes

U.S. Dollar Rises As Traders Await FOMC Minutes

The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday, as traders await the minutes from May's FOMC meeting due later in the day.
RTTNews | 51 मिनटों पहले
U.S. Dollar Rises Against Majors

U.S. Dollar Rises Against Majors

The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews | 1घंटे 13 मिनट पहले
NZ Dollar Rises After RBNZ Rate Decision

NZ Dollar Rises After RBNZ Rate Decision

The New Zealand dollar recovered from recent lows against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as widely expected.
RTTNews | 1घंटे 53 मिनट पहले
European Economic News Preview: Germany Unemployment Data Due

European Economic News Preview: Germany Unemployment Data Due

Unemployment from Germany and revised GDP and consumer spending from France are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's import prices for April. Import prices are forecast to fall 1.4 percent month-on-month, faster than the 1.0 percent decrease in March.
RTTNews | 2घंटे 39 मिनट पहले
European Shares Seen Flat To Lower At Open

European Shares Seen Flat To Lower At Open

European stocks are seen opening flat to slightly lower on Wednesday, with Nvidia earnings and minutes from May's FOMC meeting likely to be in focus.
RTTNews | 2घंटे 50 मिनट पहले
New Zealand Cuts Interest Rate By 25 Bps As Expected

New Zealand Cuts Interest Rate By 25 Bps As Expected

The Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as widely expected on Wednesday, as higher trade tariffs and increased policy uncertainties overseas are set to weigh on domestic economic outlook. The Monetary Policy Committee, led by acting governor Christian Hawkesby, decided to cut the Official Cash Rate by 25 basis points to 3.25 percent. The decision was passed
RTTNews | 3घंटे 12 मिनट पहले
NZ Dollar Recovers Against Majors

NZ Dollar Recovers Against Majors

The New Zealand dollar recovered from recent lows against other major currencies in the Asian session on Wednesday.
RTTNews | 3घंटे 42 मिनट पहले