European Economics Preview: Germany Ifo Business Confidence Data Due

RTTNews | 1123 days ago
European Economics Preview: Germany Ifo Business Confidence Data Due

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

At 1.00 am ET, Statistics Finland publishes producer prices and export price data for June.

At 3.00 am ET, gross wages from Hungary and manufacturing confidence from Turkey are due.

At 4.00 am ET, Germany Ifo business confidence survey results are due. The business sentiment index is forecast to fall to 90.2 in July from 92.3 in the previous month.

In the meantime time, the Central Statistical Office of Poland publishes unemployment data. The jobless rate is seen at 5.0 percent in June, down from 5.1 percent in May. At 6.00 am ET, the Confederation of British Industry releases Industrial Trends survey results. The order book balance is expected to decline to +13 percent from +18 percent in June.

read more
FTSE 100 Slips Ahead Of Speeches At Jackson Hole Symposium

FTSE 100 Slips Ahead Of Speeches At Jackson Hole Symposium

U.K. stocks are drifting down a bit on Thursday with investors largely staying cautious, digesting flash survey data on regional manufacturing and services sector activity, and looking ahead to the Jackson Hole Symposium.
RTTNews | 39 minutes ago
CAC 40 Moderately Lower

CAC 40 Moderately Lower

French stocks are exhibiting weakness on Thursday in cautious trade, with investors awaiting speeches from central bank chiefs at the Jackson Hole Symposium, which gets underway later in the day. Investors are also digesting flash survey figures on regional manufacturing and services sector activity in the month of August.
RTTNews | 1h 4min ago
Eurozone Private Sector Expands At Fastest Pace In 15 Months

Eurozone Private Sector Expands At Fastest Pace In 15 Months

Eurozone private sector expanded at the fastest pace in 15 months in August on stronger growth in manufacturing output despite challenges posed by U.S. trade tariffs. The HCOB flash composite output index climbed more-than-expected to 51.1 in August from 50.9 in July, survey results from S&P Global revealed Thursday. The score was seen at 50.7.
RTTNews | 1h 8min ago
DAX Down Marginally

DAX Down Marginally

German stocks are down in negative territory on Thursday with investors making cautious moves while looking ahead to Fed Chair Jerome Powell's speech at the Jackson Hole Symposium for clues about the central bank's likely move on rate cuts this year.
RTTNews | 1h 22min ago
Sensex, Nifty Extend Gains For Sixth Day On GST Optimism

Sensex, Nifty Extend Gains For Sixth Day On GST Optimism

Indian shares extended gains for a sixth day running on Thursday as investors continued to remain optimistic about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).
RTTNews | 1h 37min ago
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.
RTTNews | 2h 40min ago
European Shares Subdued Ahead Of Jackson Hole Summit

European Shares Subdued Ahead Of Jackson Hole Summit

European stocks were little changed on Thursday as investors looked ahead to Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium for hints of possible rate cuts this year.
RTTNews | 2h 48min ago