European Economics Preview: Italy Industrial Output Data Due

RTTNews | 1131 days ago
European Economics Preview: Italy Industrial Output Data Due

(RTTNews) - Industrial production from Italy and foreign trade data from France are due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, Statistics Norway releases foreign trade figures for June. In the meantime, national accounts from Romania and consumer prices from Lithuania are due.

At 2.45 am ET, France's customs office is scheduled to issue foreign trade figures for May. Also, the central bank publishes France current account data.

At 3.00 am ET, the Hungarian Central Statistical Office releases consumer prices for June. Inflation is seen at 11.5 percent versus 10.7 percent in May.

In the meantime, industrial production and external trade data from Austria and current account figures from Turkey are due.

At 4.00 am ET, Italy's Istat publishes industrial production for May. Economists forecast output to fall 1.1 percent on month, reversing April's 1.6 percent increase.

read more
UK Labor Market Cools In Q2

UK Labor Market Cools In Q2

The U.K. labor market softened in the second quarter as wage growth eased, the unemployment rate held steady at a four-year high and job vacancies continued to decline sharply, official data revealed on Tuesday. The ILO jobless rate held steady at 4.7 percent in the second quarter, figures from the Office for National Statistics revealed and was in line with expectations.
RTTNews | 3h 14min ago
U.S. Consumer Prices Increase 0.2% In July, In Line With Estimates

U.S. Consumer Prices Increase 0.2% In July, In Line With Estimates

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to a report released by the Labor Department on Tuesday. The Labor Department said its consumer price index rose by 0.2 percent in July after climbing by 0.3 percent in June. The modest increase matched expectations.
RTTNews | 3h 26min ago
Cardinal Health Lifts FY26 Outlook, But Stock Down As Q4 Revenues Miss Street; To Buy Solaris Health

Cardinal Health Lifts FY26 Outlook, But Stock Down As Q4 Revenues Miss Street; To Buy Solaris Health

Shares of Cardinal Health, Inc. were losing around 6% in the pre-market activity after the company's fourth-quarter top line missed the market view, even as profit beat the Street. In addition, the health care service provider raised its fiscal 2026 outlook, also above market estimates. Separately, Cardinal Health announced that its multi-specialty management services organization or MSO platform
RTTNews | 3h 50min ago
German ZEW Economic Confidence Deteriorates On Trade Deal

German ZEW Economic Confidence Deteriorates On Trade Deal

Economic sentiment in Germany deteriorated sharply in August due to the disappointing trade agreement reached with the United States, and also due to the declining economic output in the second quarter, results of the monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment plummeted to a three-month low of 34.7 in August.
RTTNews | 4h 45min ago
Bay Street Likely To Open Flat Or Slightly Higher

Bay Street Likely To Open Flat Or Slightly Higher

The Canadian market is likely to open on a flat to slightly positive note Tuesday morning, amid easing trade concerns following the U.S. government extending its pause on higher tariffs for Chinese goods until November 10, averting an immediate escalation in the trade war.
RTTNews | 4h 47min ago