European Economics Preview: Eurozone Industrial Output Data Due

RTTNews | 1229日前
European Economics Preview: Eurozone Industrial Output Data Due

(RTTNews) - Industrial production from euro area and revised consumer price data from France are the major statistical reports due on Wednesday.

At 2.00 am ET, the Swiss State Secretariat for Economic Affairs is set to release Summer economic forecast.

In the meantime, Statistics Norway publishes foreign trade data for May.

At 2.30 am ET, the Federal Statistical Office releases Swiss producer prices data. Prices had increased 6.7 percent annually in April.

At 2.45 am ET, the French statistical office Insee releases revised consumer and harmonized prices for May. The statistical office is expected to confirm the consumer price inflation at 5.2 percent.

At 4.00 am ET, consumer price data is due from Poland. Inflation is seen at 13.9 percent in May versus 12.4 percent in April.

At 5.00 am ET, Eurostat is scheduled to issue eurozone industrial production and foreign trade figures. Economists forecast output to fall 2.0 percent on month, following a 1.8 percent decrease in March.

read more
Russia Central Bank Cuts Rates For Fourth Policy Session

Russia Central Bank Cuts Rates For Fourth Policy Session

Russia's central bank unexpectedly reduced its key interest rate for the fourth policy session in a row, citing high inflation expectations and lackluster growth, and signaled that monetary policy will remain tight for an extended period of time.
RTTNews | 1日前
Canadian Market Rises On Rate Cut Bets

Canadian Market Rises On Rate Cut Bets

The Canadian market is up firmly in positive territory Friday afternoon, thanks to strong gains in the technology sector. A few stocks from financial and communications sectors are also up with notable gains.
RTTNews | 2日前
Swiss Market Ends Marginally Up After Choppy Ride

Swiss Market Ends Marginally Up After Choppy Ride

The market started off on a positive note on Friday but slipped into the red around mid morning and then struggled for direction till the end with stocks swinging between gains and losses amid cautious moves by investors.
RTTNews | 2日前
European Stocks Close Higher After Cautious Session

European Stocks Close Higher After Cautious Session

Despite struggling for support till mid afternoon, European stocks edged higher on Friday after cooler-than-expected U.S. consumer price inflation raised prospects of an interest rate cut by the Federal Reserve next week.
RTTNews | 2日前
U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October

U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by more than initially estimated in the month of October. The University of Michigan said its consumer sentiment index was downwardly revised to 53.6 from the preliminary reading of 55.0. Economists had expected the consumer sentiment index to be unrevised from the preliminary reading.
RTTNews | 2日前
U.S. Consumer Prices Rise 0.3% In September, Slightly Less Than Expected

U.S. Consumer Prices Rise 0.3% In September, Slightly Less Than Expected

A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased by slightly less than expected in the month of September. The Labor Department said its consumer price index rose by 0.3 percent in September after climbing by 0.4 percent in August. Economists had expected consumer prices to rise by another 0.4 percent.
RTTNews | 2日前
Eurozone Private Sector Growth At 17-Month High

Eurozone Private Sector Growth At 17-Month High

The euro area private sector growth accelerated to a 17-month high in October as new orders registered a steeper growth despite continuing fall in business from abroad. The flash HCOB composite output index climbed unexpectedly to 52.2 in October from 51.2 in September. The reading was expected to fall to 51.0.
RTTNews | 2日前