European Economic News Preview: UK Public Sector Finance Data Due

RTTNews | 594 दिनों पहले
European Economic News Preview: UK Public Sector Finance Data Due

(RTTNews) - Public sector finance data from the UK is due on Thursday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK public sector net borrowing data for November. The budget deficit is forecast to narrow to GBP 12.9 billion from GBP 14.9 billion in October.

At 2.30 am ET, the Hungarian Central Statistical Office is set to publish gross wages for October.

At 2.45 am ET, France's statistical office INSEE releases business sentiment survey results. The business confidence index is forecast to fall to 98 in December from 99 in November.

At 3.00 am ET, business and consumer confidence survey data is due from Sweden.

At 6.00 am ET, the Confederation of British Industry is slated to release Distributive Trades survey results for December.

At 8.30 am ET, the Czech National Bank announces its interest rate decision. The bank is expected to cut its key rate by 25 basis points to 6.75 percent.

read more
CAC 40 Up In Positive Territory In Cautious Trade

CAC 40 Up In Positive Territory In Cautious Trade

The French market is modestly higher on Wednesday with corporate earnings announcements providing some direction. Despite data showing a sharp drop in French construction sector activity, and fresh concerns about tariffs following U.S. President Donald Trump's fresh tariff threat, the mood is a bit positive amid hopes the Fed will cut interest rate next month.
RTTNews | 29 मिनटों पहले
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | 31 मिनटों पहले
Sensex, Nifty End Slightly Lower As RBI Hits Pause

Sensex, Nifty End Slightly Lower As RBI Hits Pause

Indian shares ended modestly lower on Wednesday after U.S. President Donald Trump said that he would increase the tariffs charged on Indian imports "very substantially" over the next 24 hours because of India's continued purchases of Russian oil.
RTTNews | 40 मिनटों पहले
DAX Modestly Higher As Investors React To Earnings

DAX Modestly Higher As Investors React To Earnings

Despite disappointing factory orders data, and U.S. President Donald Trump's threat that he would impose tariffs on pharma and chips, German stocks are gaining some ground in positive territory on Wednesday. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.
RTTNews | 1घंटे 22 मिनट पहले
Commodity Currencies Rise Amid Risk-Appetite

Commodity Currencies Rise Amid Risk-Appetite

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major peers in the Asian session on Wednesday, as Asian markets traded higher after Trump hailed his "good relationship" with his Chinese counterpart Xi Jinping, adding that a deal with China was taking shape.
RTTNews | 1घंटे 25 मिनट पहले
Downturn In UK Construction Activity Deepens

Downturn In UK Construction Activity Deepens

The UK construction sector downturn deepened in July as volumes of work carried out across all sectors decreased markedly, survey results from S&P Global showed on Wednesday. The headline construction Purchasing Managers' Index fell to 44.3 in July from 48.8 in June. The score signaled the sharpest contraction since May 2020.
RTTNews | 1घंटे 49 मिनट पहले