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European Economic News Preview: Bank Of England's Financial Stability Report Due
(RTTNews) - The financial stability report from the Bank of England is due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, the Bank of England releases the Financial Policy Committee summary and record.
At 3.00 am ET, Spain's statistical office INE is scheduled to issue final consumer and harmonized prices for June. The flash estimate showed that consumer price inflation eased to 1.9 percent, the lowest since early 2021, from 3.2 percent in May.
At 6.00 am ET, final consumer price data is due from Portugal. Consumer price inflation is forecast to slow to 3.4 percent in June, as initially estimated, from 4.0 percent in May.
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Euro Retreats Against Majors
The euro retreated against its major counterparts in the New York session on Monday.
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vor 2Std 2 Minuten
Swiss Market Turns Positive In Closing Minutes, Ends Slightly Up
The Switzerland market closed marginally up on Monday thanks to a few stocks finding some good support in the closing hour of the session.
The sentiment was weak for much of the day's session as Moody's downgraded the United States' sovereign credit rating.
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vor 4Std 34 Minuten
European Stocks Rise In Late Afternoon Trades, Close On Mixed Note
After languishing in negative territory for much of the day's trading session, European stocks closed mixed on Monday with several markets seeing some brisk buying at several key counters past mid afternoon.
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vor 5Std 3 Minuten
Ryanair FY25 Profit Down, But Stock Climbs On Revenue And Traffic Growth, Positive Outlook
Shares of Ryanair Holdings Plc. were gaining around 6 percent in the early morning trading on the Nasdaq after the Irish low-cost airline reported Monday higher revenues and traffic in fiscal 2025, despite delivery delays from aerospace major Boeing Co. The company marked as the first airline in European Union to carry 200 million guests in one year. Meanwhile, Ryanair recorded weak annual profit.
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vor 7Std 25 Minuten
U.S. Leading Economic Index Slumps More Than Expected In April
The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators slumped by more than expected in the month of April. The report said the leading economic index tumbled by 1.0 percent in April after sliding by a downwardly revised 0.8 percent in March.
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vor 7Std 45 Minuten
Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU
Eurozone economic growth outlook was downgraded substantially for 2025 due to the impact of higher trade tariffs and elevated uncertainty and disinflation would proceed more swiftly than anticipated with headline inflation set to hit the 2 percent target by the middle of this year, the European Commission said Monday.
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vor 8Std 53 Minuten
Dollar Index Extends Gains On Trade Deal Optimism
Rising optimism surrounding trade deals between the U.S. and its trading partners, and in particular the significant easing in trade tensions between the U.S. and China bolstered the U.S. dollar during the week ended May 16.
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vor 10Std 18 Minuten
FTSE 100 Drifts Lower In Cautious Trade
U.K. stocks are down in negative territory, losing ground after making a good upmove in the previous week. Investors, awaiting the outcome of a UK - European Union summit in London, are largely making cautious moves.
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vor 10Std 54 Minuten
