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European Economic News Preview: Eurozone Consumer Confidence Data Due
(RTTNews) - Consumer sentiment survey data from the euro area and monthly report from Bundesbank are the major economic reports due on Monday. At 6.00 am ET, Germany's central bank is scheduled to issue monthly report for October. At 8.00 am ET, money supply data is due from Poland.
At 10.00 am ET, the European Commission is set to publish euro area flash consumer sentiment survey data. The consumer sentiment index is forecast to fall to -18.3 in October from -17.8 in September.
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U.S. Housing Starts Unexpectedly Surge In July But Building Permits Slump
A report released by the Commerce Department on Tuesday unexpectedly showed a sharp increase by new residential construction in the U.S. in the month of July. The Commerce Department said housing starts shot up by 5.2 percent to an annual rate of 1.428 million in July after spiking by 5.9 percent to an upwardly revised rate of 1.358 million in June.
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18 minutes ago
U.S. Housing Starts Unexpectedly Surge 5.2% In July
A report released by the Commerce Department on Tuesday unexpectedly showed a sharp increase by new residential construction in the U.S. in the month of July.
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1h 20min ago
Swiss Franc Rises Despite Russia-Ukraine Peace Deal Hopes
The safe-haven Swiss franc strengthened against other major currencies in the European session on Tuesday, despite expectations for a peace agreement between Russia and Ukraine.
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1h 47min ago
Bay Street May Open On A Slightly Positive Note
Canadian shares look headed for a slightly positive start on Tuesday, tracking steady European markets amid hopes of a Russia-Ukraine peace deal after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good."
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2h 14min ago
FTSE 100 Modestly Higher
The UK stock market is modestly higher a little past noon on Tuesday amid expectations of a Ukraine peace deal. Investors are also looking ahead to the Federal Reserve's economic symposium at Jackson Hole, Wyoming, that gets underway on Thursday.
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2h 42min ago
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Tuesday.
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3h 2min ago
CAC 40 Rises 0.8% As Ukraine Peace Deal Hopes Lift Sentiment
The French market is notably higher on Tuesday as investors pick up stocks amid hopes of a Russia - Ukraine peace deal after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good".
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3h 28min ago
Home Depot Q2 Profit Down, Misses Street, But Comps Rise; Backs FY25 Outlook
Home Depot Inc. reported Tuesday slightly lower profit in its second quarter, despite higher sales and comparable sales. Meanwhile, Adjusted earnings per share and top line missed market estimates. Further, the company maintained its outlook for fiscal 2025 earnings and sales growth.
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3h 34min ago
