European Economic News Preview: Germany Ifo Business Confidence Data Due

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European Economic News Preview: Germany Ifo Business Confidence Data Due

(RTTNews) - Business sentiment survey data from Germany is due on Monday, headlining a very light day for the European economic news.

At 3.00 am ET, the Czech Statistical Office releases producer prices for November. Economists forecast producer prices to grow 1.0 percent annually after a 0.2 percent rise in October.

At 4.00 am ET, the Munich-based ifo Institute is scheduled to issue Germany's business confidence survey results. The business climate index is forecast to rise to 87.8 in December from 87.3 in November.

At 5.30 am ET, Bank of England policymaker Ben Broadbent speaks at London Business School.

At 6.00 am ET, Germany's central bank is set to publish monthly report.

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Pound Slides Against Most Majors

Pound Slides Against Most Majors

The pound fell against its most major counterparts in the New York session on Thursday.
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Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

Despite a decent spell in positive territory till about an hour before noon, the Switzerland market turned weak and kept drifting lower as the session progressed on Thursday to eventually settle with a moderate loss.
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European Stocks Close Mostly Weak As Investors React To Earnings

European Stocks Close Mostly Weak As Investors React To Earnings

European markets closed mostly lower on Thursday as investors reacted to a slew of earnings announcements and digested the latest batch of economic data from the region, and also followed the developments on the trade front.
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U.S. Consumer Price Growth Matches Estimates In June

U.S. Consumer Price Growth Matches Estimates In June

A closely watched report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in June after inching up by an upwardly revised 0.2 percent in May.
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German Unemployment Rises In July

German Unemployment Rises In July

Germany's unemployment increased less than expected in July but the overall number of people out of work remained close to the 3 million mark due to the prolonged period of economic slowdown, official data revealed on Thursday. The number of unemployed rose by less-than-expected 2,000 from June, the Federal Employment Agency said. For July, economists had forecast an increase of 15,000.
RTTNews | 6घंटे 9 मिनट पहले
U.S. Jobless Claims Inch Up Less Than Expected To 218,000

U.S. Jobless Claims Inch Up Less Than Expected To 218,000

First-time claims for U.S. unemployment benefits edged slightly higher in the week ended July 26th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims crept up to 218,000, an increase of 1,000 from the previous week's unrevised level of 217,000. Economists had expected jobless claims to rise to 224,000.
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Bay Street Looks Headed For Positive Start

Bay Street Looks Headed For Positive Start

Canadian shares look headed for a positive start Thursday morning, with investor sentiment getting a boost thanks to strong results from US tech majors Meta Platforms and Microsoft.
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