European Economic News Preview: BoE Chief To Attend Treasury Committee Hearing

RTTNews | 834 일 전
European Economic News Preview: BoE Chief To Attend Treasury Committee Hearing

(RTTNews) - The treasury select committee hearing of the Bank of England governor is the only major event due on Thursday.

At 3.00 am ET, the Czech Statistical Office releases producer prices for April. Producer price inflation is seen slowing to 7.5 percent from 10.2 percent in March.

At 4.00 am ET, foreign trade data is due from Spain.

At 5.00 am ET, European Central Bank President Christine Lagarde attends the official celebration of the 175th anniversary of the first German national parliamentary assembly event in Frankfurt.

At 5.15 am ET, Bank of England Chief Andrew Bailey and policymakers Ben Broadbent and Dave Ramsden are set to attend the Treasury Select Committee hearing on quantitative tightening.

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Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 1 시간 23 분 전
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 1 시간 52 분 전
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 4 시간 55 분 전
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 5 시간 39 분 전
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 6 시간 8 분 전