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European Economic News Preview: France Business Confidence Data Due

RTTNews | 882 days ago

European Economic News Preview: France Business Confidence Data Due

(RTTNews) - Business confidence survey results from France and Italy are due on Tuesday, headlining a light day for the European economic news.

At 2.30 am ET, gross wages and current account figures are due from Hungary.

At 2.45 am ET, France's statistical office INSEE is scheduled to issue business sentiment survey results for March. The business confidence index is forecast to fall to 103 from 104 in February.

At 4.00 am ET, business and consumer confidence survey data is due from Italy. The business sentiment index is seen falling to 102.5 in March from 102.8 in February.

At 4.45 am ET, Bank of England Governor Andrew Bailey is set to attend the Treasury Select Committee hearing on Silicon Valley Bank.

At 8.00 am ET, Hungary's central bank announces its monetary policy decision. The bank is expected to hold its key interest rate at 13.00 percent.

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European Stocks Close Lower On Political Concerns, Tariff Worries

European Stocks Close Lower On Political Concerns, Tariff Worries

European stocks closed weak on Tuesday, weighed down by political uncertainty in France, and lingering concerns about tariffs and their impact on global economic growth.

RTTNews | 12 minutes ago

U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | 3h 41min ago

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | 3h 52min ago

Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | 5h 11min ago

U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.

RTTNews | 5h 17min ago

FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.

RTTNews | 5h 39min ago

CAC Down Sharply On Widespread Selling

CAC Down Sharply On Widespread Selling

French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.

RTTNews | 6h 4min ago

DAX Extending Recent Weakness

DAX Extending Recent Weakness

German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.

RTTNews | 7h 27min ago

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