European Economics Preview: Eurozone Flash Consumer Confidence Data Due

RTTNews | 836 days ago
European Economics Preview: Eurozone Flash Consumer Confidence Data Due

(RTTNews) - Flash consumer confidence survey data from the euro area is the top economic news due on Monday, headlining a light day for the European economic news.

At 4.00 am ET, industrial production, producer prices and retail sales figures are due from Poland. Economists forecast industrial output to grow 1.4 percent on a yearly basis, following a 4.6 percent rise in November. Producer price inflation is seen at 19.4 percent versus 20.8 percent a month ago. Retail sales are expected to climb 1.4 percent after rising 1.6 percent in the previous month.

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

At 10.00 am ET, the European Commission is set to issue euro area flash consumer confidence survey results. The sentiment index is seen at -20.0 in January versus -22.2 in December.

read more
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

After a positive start and a subsequent mild setback, the Switzerland market recovered and stayed firm till a little past mid afternoon on Thursday, but turned weak and ended the day's session moderately lower. Investors digested the monetary policy moves of the Federal Reserve and the Bank of England, and reports about the U.S. and the U.K. striking a trade deal.
RTTNews | 51 minutes ago
European Stocks Close On Firm Note On Easing Trade Tensions

European Stocks Close On Firm Note On Easing Trade Tensions

European stocks closed on a firm note on Thursday with investors reacting to earnings, and news about an impending trade deal between the U.S. and the U.K., and digesting the Bank of England and the Federal Reserve's monetary policy moves.
RTTNews | 1h 11min ago
U.S. Wholesale Inventories Climb Slightly Less Than Expected In March

U.S. Wholesale Inventories Climb Slightly Less Than Expected In March

The Commerce Department released a report on Thursday showing wholesale inventories in U.S. increased by slightly less than expected in the month of March. The report said wholesale inventories rose by 0.4 percent in March after climbing by an upwardly revised 0.5 percent in February.
RTTNews | 3h 31min ago
U.S. Labor Productivity Decreases For First Time Since 2022

U.S. Labor Productivity Decreases For First Time Since 2022

The Labor Department released a report on Thursday showing a pullback by U.S. labor productivity in the first quarter of 2025 along with a sharp increase by unit labor costs. The report said labor productivity fell by 0.8 percent in the first quarter after jumping by an upwardly revised 1.7 percent in the fourth quarter of 2024.
RTTNews | 4h 5min ago
U.S. Weekly Jobless Claims Dip Slightly More Than Expected

U.S. Weekly Jobless Claims Dip Slightly More Than Expected

First-time claims for U.S. unemployment benefits saw a modest decline in the week ended May 3rd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 228,000, a decrease of 13,000 from the previous week's unrevised level of 241,000. Economists had expected jobless claims to slip to 230,000.
RTTNews | 4h 11min ago
Bank Of England Cuts Key Rate By 25 Bps Amid Trade Tariff Concerns

Bank Of England Cuts Key Rate By 25 Bps Amid Trade Tariff Concerns

The Bank of England reduced its interest rate by a quarter-point on Thursday, as policymakers judged that higher trade tariffs warrant such action amid slowing inflation. In a three-way split, the Monetary Policy Committee, governed by Andrew Bailey, lowered the bank rate to 4.25 percent. This was the fourth such reduction since last August.
RTTNews | 4h 12min ago