European Economic News Preview: Germany Flash Inflation, Unemployment Due

RTTNews | 916 days ago
European Economic News Preview: Germany Flash Inflation, Unemployment Due

(RTTNews) - Flash inflation and unemployment data from Germany and final manufacturing Purchasing Managers' survey results from the UK are the top economic news due on Tuesday.

At 3.30 am ET, Swiss manufacturing PMI survey data is due. The PMI is expected to fall to 53.3 in December from 53.9 in the previous month.

At 3.55 am ET, the Federal Labor Agency publishes Germany unemployment figures for December. The jobless rate is seen unchanged at 5.6 percent. At 4.30 am ET, UK S&P/CIPS manufacturing PMI survey results are due. Economists forecast the PMI to fall to 44.7 in December from 46.5 in November.

At 8.00 am ET, Destatis publishes Germany's flash consumer and harmonized prices for December. Consumer price inflation is forecast to ease to 9.1 percent from 10.0 percent in November.

read more
FTSE 100 Trades Below The Flatline

FTSE 100 Trades Below The Flatline

Persisting tensions on the trade front and growing concerns over U.K.'s fiscal outlook dampened sentiment and dragged down the FTSE 100 to negative territory.
RTTNews | 1h 10min ago
Domino's Pizza's Online $9.99 Offer Of Any Pizza With Any Toppings On July 7- Aug. 3

Domino's Pizza's Online $9.99 Offer Of Any Pizza With Any Toppings On July 7- Aug. 3

Domino's Pizza Inc., the largest pizza company in the world, announced its "Best Deal Ever' promotion, offering any pizza with any toppings for $9.99 each when they order online between July 7 and August 3. Domino's $9.99 deal includes Hand Tossed, Handmade Pan, New York Style, Gluten Free and Crunchy Thin Crust, as well as an assortment of sauces and toppings.
RTTNews | 1h 15min ago
CAC 40 Gains Amidst Trade Jitters

CAC 40 Gains Amidst Trade Jitters

Despite trade related uncertainties, the CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris has gained more than a quarter percent on Tuesday.
RTTNews | 1h 40min ago
Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall

Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall

Euro area retail sales decreased for the first time in five months and services production declined in May, suggesting a slowdown in the second quarter. Retail sales logged a monthly fall of 0.7 percent in May, reversing April's 0.3 percent increase, Eurostat reported Monday. Sales were expected to drop 0.8 percent. Another data from Eurostat showed that services production decreased 0.3 percen
RTTNews | 2h 23min ago
Cautious Optimism Lifts DAX

Cautious Optimism Lifts DAX

The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange is trading in the green zone on Monday amidst a mood of cautious optimism.
RTTNews | 3h 26min ago
Nissan Stock Slips On Reports Of Talks With Foxconn To Collaborate On EV Production In Japan

Nissan Stock Slips On Reports Of Talks With Foxconn To Collaborate On EV Production In Japan

Japanese automaker Nissan Motor Co Ltd. (NSANF.PK, NSANY.PK) is in talks with Taiwan's electronics major Foxconn to partner on the production of electric vehicles or EVs in Japan, Nikkei reported. The potential joint venture collaboration is expected to save Nissan's Oppama plant from the risk of closure. Following the news, Nissan Motor shares closed Monday's trading in Tokyo down 5%.
RTTNews | 3h 30min ago
Eurozone Investor Confidence Strongest In More Than 3 Years

Eurozone Investor Confidence Strongest In More Than 3 Years

Eurozone investor confidence rose to the highest level in more than three years in July suggesting that fears of recession triggered by the US tariff shocks are completely off the table, survey data from the behavioral research institute Sentix showed on Monday. The investor confidence index advanced to 4.5 in July from 0.2 in June. The reading was the highest since February 2022 and also stayed
RTTNews | 4h 11min ago