European Economic News Preview: Germany Industrial Output Data Due

RTTNews | 833 days ago
European Economic News Preview: Germany Industrial Output Data Due

(RTTNews) - Industrial production from Germany and investor confidence from the euro area are due on Monday, headlining a light day for the European economic news.

At 1.45 am ET, Switzerland's State Secretariat for Economic Affairs is slated to issue unemployment data for July. The jobless rate is forecast to rise slightly to 2.1 percent from 2.0 percent in June.

At 2.00 am ET, Destatis is scheduled to publish Germany's industrial production for June. Economists expect industrial output to fall 0.4 percent on month, faster than the 0.2 percent drop in May.

In the meantime, UK Halifax house price data is due.

At 3.00 am ET, the Czech Statistical Office releases industrial production and foreign trade data for June.

At 4.30 am ET, Eurozone Sentix investor confidence survey results are due. The investor sentiment index is expected to fall to -23.4 in August from -22.5 in July.

read more
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

After staying a bit positive early on in the session on Monday, the Switzerland market slipped and languished in negative territory till the end of the day's session as the mood remained cautious with investors looking for directional clues.
RTTNews | 1h 52min ago
European Stocks Close Lower After Cautious Session

European Stocks Close Lower After Cautious Session

European stocks closed weak on Monday as investors largely stayed cautious, looking for fresh data for directional clues. Worries about Artificial Intelligence bubble, and uncertainty about monetary policy moves by major central banks including the Federal Reserve weighed on stocks.
RTTNews | 2h 26min ago
Canadian Market Recovers After Early Setback

Canadian Market Recovers After Early Setback

After recovering from an early setback Monday morning that saw the benchmark S&P/TSX drop by more than 130 points, Canadian stocks recovered lost ground and are turning in a mixed performance with investors digesting the nation's inflation data, and looking ahead to fresh economic reports from the U.S. for directional clues.
RTTNews | 3h 25min ago
EU Upgrades Eurozone 2025 Growth Outlook Despite Challenges

EU Upgrades Eurozone 2025 Growth Outlook Despite Challenges

The European Commission said the euro area economy is set to grow more than projected in spring this year driven by a surge in exports ahead of anticipated tariff increases and higher investment in equipment and intangible assets. In the Autumn Forecast released on Monday, the EU raised its economic growth outlook for the current year to 1.3 percent from 0.9 percent.
RTTNews | 7h 51min ago
Bay Street Likely To See Mixed Start

Bay Street Likely To See Mixed Start

Canadian stocks are likely to open on a mixed note on Monday, tracking the trend in European markets and commodity prices. Canadian inflation data, due this morning, could significantly impact the mood. Investors will also be looking ahead to some crucial economic data this week.
RTTNews | 7h 59min ago
FTSE 100 Drifts Lower In Cautious Trade; WPP Rises Sharply

FTSE 100 Drifts Lower In Cautious Trade; WPP Rises Sharply

U.K. stocks are turning in a mixed performance in cautious trade on Monday as investors await fresh economic data for directional clues. Worries about AI bubble and uncertainty about upcoming policy moves of major central banks, including the Federal Reserve, also contribute to the cautious mood in the market.
RTTNews | 8h 29min ago