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European Economics Preview: UK Unemployment Data Due
(RTTNews) - Labor market statistics from the UK is due on Tuesday, headlining a light day for the European economic news.
At 2.00 am ET, the Office for National Statistics releases UK labor market statistics. The ILO jobless rate is seen at 3.6 percent in three months to August, unchanged from three months to July.
At 3.00 am ET, the Czech Statistical Office is scheduled to issue inflation data for September. Consumer price inflation is seen unchanged at 17.2 percent. Consumer price figures are due from Hungary.
At 4.00 am ET, Italy's Istat releases industrial production for August. Economists forecast industrial output to grow 0.2 percent on month, slower than the 0.4 percent increase in July.
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TSX Pares Some Gains After Hitting Fresh Record High
Canadian stocks are up in positive territory in late morning trade on Friday, amid slightly easing concerns about tariffs following somewhat encouraging phone calls between the U.S. President Donald Trump and Chinese Premier Xi.
Investors are also digesting the nation's jobs data, as well the non-farm payrolls data from the U.S.
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59分鐘前
U.S. Job Growth Slightly Exceeds Estimates In May
Employment in the U.S. increased by slightly more than expected in the month of May, according to a report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 139,000 jobs in May after jumping by a downwardly revised 147,000 jobs in April.
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3小時3分鐘前
U.S. Employment Jumps Slightly More Than Expected In May
Employment in the U.S. increased by slightly more than expected in the month of May, according to a report released by the Labor Department on Friday.
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4小時11分鐘前
Bay Street May Open Slightly Higher; U.S., Canadian Jobs Data In Focus
Higher Canadian and U.S. futures point to a slightly positive start on Bay Street Friday morning. The focus is on the crucial jobs data from Canada as well as the U.S.
Lingering concerns about trade tensions may weigh on sentiment and limit market's upside.
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4小時26分鐘前
Eurozone GDP Growth Accelerates To 0.6%
The euro area economic growth doubled in the first quarter on household spending, investment and exports, official data revealed on Friday. Gross domestic product logged a quarterly growth of 0.6 percent in the first quarter, which was faster than the initial estimate of 0.3 percent, Eurostat said. This followed a 0.3 percent rise in the fourth quarter of 2024.
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6小時13分鐘前
India Slashes Policy Rates By Bigger Than Expected 50 Bps; Shifts Stance To Neutral
The Reserve Bank of India lowered its interest rates by a sharper-than-expected 50 basis points on Friday, marking the third consecutive reduction as policymakers focused on propelling growth amid the softening inflation, but the central bank shifted its monetary policy stance to neutral signaling a pause ahead. The MPC decided to cut the policy repo rate by 50 basis points to 5.50 percent.
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6小時26分鐘前
Sensex, Nifty Rally As RBI Surprises With Jumbo Rate Cut
Indian shares rallied on Friday as the Reserve Bank of India (RBI) surprised the market with a 50 basis points (bps) cut in the benchmark repo rate to 5.5 percent, slashed the cash reserve ratio (CRR) by 100 basis points to 3 percent, and also trimmed its inflation forecast for the year by 30 basis points to 3.7 percent.
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6小時28分鐘前
U.K. Stocks Subdued As Investors Look For Directional Clues
U.K. stocks are largely subdued Friday morning with investors looking for directional clues and refraining from making significant moves. The focus is on the progress of trade negotiations between U.S. and China, and the upcoming U.S. non-farm payrolls data.
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6小時34分鐘前
