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European Economics Preview: UK Unemployment Data Due
(RTTNews) - Unemployment data from the UK and revised consumer prices from Eurozone are the major reports due on Tuesday.
At 2.00 am ET, the Office for National Statistics releases the UK labor market statistics. The unemployment rate is forecast to rise to 3.9 percent in three months to May from 3.8 percent in three months to April.
In the meantime, Swiss foreign trade data is due for June.
At 3.00 am ET, harmonized consumer price figures are due from Austria and Slovakia.
At 5.00 am ET, Eurostat is scheduled to issue euro area harmonized consumer prices for June. According to flash estimate, inflation rose to a record 8.6 percent in June from 8.1 percent in May.
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FDA, CDC Probe Salmonella Outbreak As Around 1.70 Mln Dozen Brown Eggs Recalled
The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention or CDC are investigating a Salmonella Enteritidis outbreak linked to brown eggs that sickened nearly 79 across 7 states. Associated with the ongoing probe, August Egg Co. recalled around 1.70 million dozen brown cage-free and brown certified organic eggs sold through Walmart and other retail locations.
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47 minutes ago
Bay Street May Open Slightly Higher
Canadian shares may open slightly higher on Monday amid optimism about some positive progress in U.S.-China trade talks. Energy stocks are likely to find some support on higher crude oil prices..
The U.S.-China discussions will aim to resolve some major trade disputes between the two major economies.
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2h 39min ago
FTSE 100 Down Marginally At Noon
The U.K. market is down marginally at noon on Monday with investors mostly making cautious moves amid a lack of triggers. The focus is on trade talks between the U.S. and Chinese officials in London. Weak Chinese exports data weighs on sentiment.
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3h 51min ago
CAC 40 Down Slightly In Lackluster Trade
French stocks are down slightly in lackluster trade on Monday with investors refraining from making significant moves as they await the high-level trade talks between U.S. and Chinese officials in London later in the day.
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4h 12min ago
DAX Down Over 0.5% In Cautious Trade
German stocks are down in negative territory on Monday as investors make cautious moves while awaiting crucial talks between U.S. and Chinese officials in London later in the day.
The discussions will aim to resolve some major trade disputes between the two major economies. Treasury Secretary Scott Bessent leads the U.S. delegation in the high-level trade talks.
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4h 33min ago
Sensex, Nifty End Modestly Higher; Banks And Financials Surge
Indian shares eked out modest gains on Monday as top officials from the U.S. and China meet in London later in the day to resolve their differences and ease rare-earth mineral tensions.
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4h 43min ago
Church & Dwight Recalls All Lots Of Zicam Nasal, Orajel Teething Swabs
Church & Dwight Co., Inc. has called back all lots of Zicam nasal swabs and Orajel baby teething swabs citing potential microbial contamination, according to the U.S. Food and Drug Administration. Cold remedy nasal swabs are a zinc-free, homeopathic cold remedy swab designed to shorten the duration of the common cold
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5h 11min ago
European Shares Little Changed Before Sino-US Trade Talks
European stocks were subdued on Monday as top officials from the U.S. and China meet in London later in the day to resolve their differences and ease rare-earth mineral tensions.
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5h 51min ago
