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European Economic News Preview: UK Unemployment Data Due
(RTTNews) - Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday.
At 2.00 am ET, the Office for National Statistics releases UK labor market data. The jobless rate is forecast to rise to 4.5 percent in three months to December from 4.4 percent in the preceding period.
In the meantime, final inflation data is due from Sweden.
At 2.45 am ET, France's statistical office INSEE publishes final inflation figures for January. The flash estimate showed that inflation rose slightly to 1.4 percent from 1.3 percent in December.
At 5.00 am ET, Germany's ZEW economic confidence survey results are due. The economic sentiment index is expected to rise notably to 19.9 in February from 10.3 in January.
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Canadian Market Modestly Lower, Looks Headed For Another Weak Close
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U.S. Stocks Broadly Lower In Cautious Trade
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The major averages all are down in negative territory, with the tech-laden Nasdaq underperforming.
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