European Economic News Preview: Germany Inflation Data Due

RTTNews | 504 days ago
Stocktwits
European Economic News Preview: Germany Inflation Data Due

(RTTNews) - Flash inflation data from Germany and economic confidence survey results from the euro area are the top economic news due on Monday.

At 2.00 am ET, flash GDP and retail sales figures are due from Sweden. The economy is forecast to shrink 0.1 percent in the first quarter. At 3.00 am ET, Spain's INE releases flash consumer and harmonized prices for April. Consumer price inflation is expected to ease to 3.1 percent from 3.2 percent in March.

At 5.00 am ET, the European Commission is scheduled to issue economic sentiment survey data for April. Economists forecast the euro area economic sentiment index to improve to 96.9 from 96.3 in March.

At 6.00 am ET, GDP and inflation figures are due from Ireland.

At 8.00 am ET, Destatis is set to release Germany's flash inflation figures for April. Consumer price inflation is seen at 2.3 percent, up from 2.2 percent in March.

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Canadian Market Modestly Higher; Energy, Materials Stocks Rise

Canadian Market Modestly Higher; Energy, Materials Stocks Rise

The Canadian market is up in positive territory Monday afternoon, with stocks from energy, materials, technology and consumer discretionary sectors contributing to the upmove. The mood remains cautious with investors looking ahead to interest rate decisions from the Bank of Canada and the Federal Reserve on Wednesday.
RTTNews | 59 minutes ago
Major European Markets Up In Positive Territory As Investors Eye Central Bank Meetings

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RTTNews | 3h 59min ago
New York Manufacturing Index Unexpectedly Turns Negative In September

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RTTNews | 4h 11min ago
Mixed Open Seen For Canadian Shares

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RTTNews | 4h 52min ago
UK Stocks Turning In Mixed Performance

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RTTNews | 5h 25min ago
Dollar Slips As Rate Cut Hopes Deepen

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RTTNews | 5h 29min ago
Pound Rises: Traders Await BoE Monetary Policy Decision

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RTTNews | 6h 14min ago
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