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European Economic News Preview: Germany Final Inflation Data Due
(RTTNews) - Final inflation from Germany and industrial output from Italy are the top economic news due on Thursday.
At 2.00 am ET, Destatis is scheduled to release Germany's final inflation data for June. Flash inflation showed that consumer price inflation eased to 2.0 percent from 2.1 percent in May.
At 3.00 am ET, industrial output data is due from Turkey.
At 4.00 am ET, Italy's statistical office ISTAT publishes industrial production for May. Economists expect industrial output to fall 0.2 percent on a monthly basis, in contrast to the 1.0 percent increase in April.
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U.S. Jobless Claims Unexpectedly Slip To 227,000
First-time claims for U.S. unemployment benefits unexpectedly edged modestly lower in the week ended July 5th, according to a report released by the Labor Department on Thursday.
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1h 52min ago
U.S. Weekly Jobless Claims Unexpectedly Edge Lower
First-time claims for U.S. unemployment benefits unexpectedly edged modestly lower in the week ended July 5th, according to a report released by the Labor Department on Thursday.
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3h 5min ago
Bay Street Seen Opening On Mixed Note
Canadian shares may open on a slightly mixed note on Thursday tracking the trend in the commodity markets, and somewhat firm European stocks. The focus, once again, will be on trade negotiations between the U.S. and several other major nations.
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3h 8min ago
FTSE 100 Rises To Record High As Mining Stocks Rally
The UK stock market climbed to a new record high Thursday morning, lifted by strong gains in the mining sector.
The undertone in major European markets is quite firm today amid optimism about a potential trade deal between the U.S. and the European Union.
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4h 17min ago
CAC 40 Moderately Higher On Trade Deal Hopes
French stocks are gaining some ground in positive territory on Thursday amid rising hopes the European Union will strike a trade deal with the U.S. sometime soon.
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4h 52min ago
DAX Modestly Up After Hitting Fresh Record High
German stocks are up in positive territory on Thursday, extending gains from the previous three sessions, as investors continue to focus on US-EU trade negotiations. Data showing a drop in Germany's consumer price inflation in the month of June is aiding sentiment.
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5h 12min ago
Sensex, Nifty End Lower On Tariff Concerns
Indian shares ended Thursday's session lower as U.S. President Donald Trump intensified his tariff war strategy.
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5h 22min ago
Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the early European session on Thursday, as traders are optimistic about an end to the tariff uncertainty after U.S. President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition. They are also optimistic about a potential trade deal between the U.S. and the European Union.
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6h 7min ago
