European Economics News Preview: Italy Business & Consumer Confidence Data Due

RTTNews | 925 dagar sedan
European Economics News Preview: Italy Business & Consumer Confidence Data Due

(RTTNews) - Business and consumer survey results from Italy and revised national accounts from Spain are the top economic news due on Friday.

At 2.45 am ET, France's INSEE is scheduled to issue producer prices for November. Prices had advanced 24.7 percent in October.

At 3.00 am ET, revised GDP data is due from Spain's statistical office INE. The flash estimate showed that economic growth eased to 0.2 percent from 1.5 percent in the second quarter. The statistical office is expected to confirm the preliminary estimate.

At 4.00 am ET, Italy's business and consumer confidence survey data. The business sentiment index is forecast to rise to 102.7 in December from 102.5 in the prior month. The consumer confidence index is seen at 98.5 versus 98.1 a month ago.

read more
TSX Settles Roughly Flat

TSX Settles Roughly Flat

The Canadian stock market ended flat on Friday, amid uncertainty on US-Canada trade deal even as July 9 deadline set by the US President for tariff agreement is fast approaching.
RTTNews | 18h 28minuter sedan
Swiss Market Ends Slightly Down

Swiss Market Ends Slightly Down

After languishing in negative territory till a little before the final hour of the day's trading session, the Switzerland market managed to emerge into positive zone on Friday but failed to hold firm and eventually settled with a marginal loss.
RTTNews | 1 dag sedan
TSX Up Marginally After Posting New Record High

TSX Up Marginally After Posting New Record High

The Canadian market is up marginally a little past noon on Friday with investors largely making cautious moves on weak private sector activity report, and amid uncertainty about Trump administration's tariff moves.
RTTNews | 1 dag sedan
German Factory Orders Log Bigger-Than-Expected Fall

German Factory Orders Log Bigger-Than-Expected Fall

Germany's factory orders declined more than expected in May on falling demand from both the domestic market and other euro area economies, official data revealed on Friday. Factory orders decreased 1.4 percent from a month ago, Destatis reported. Orders were expected to drop 0.2 percent after an upwardly revised 1.6 percent rise in April. Orders declined for the first time in four months.
RTTNews | 1 dag sedan
Bay Street Headed For Weak Start

Bay Street Headed For Weak Start

Canadian shares are likely to open on a negative note Friday morning, tracking weak European stocks and lower crude oil prices. Concerns about tariffs may weigh down on sentiment. Trading volumes are likely to remain thin as the U.S. market is closed for Independence Day holiday.
RTTNews | 1 dag sedan
UK Construction Sector Contraction Slowest In 6 Months

UK Construction Sector Contraction Slowest In 6 Months

UK construction activity declined at the slowest pace since the current period of contraction began in January, survey results from S&P Global showed on Friday. The headline construction Purchasing Managers' Index rose to 48.8 in June from 47.9 in May. The expected score was 48.6. Any reading below 50.0 indicates an overall reduction in construction activity.
RTTNews | 1 dag sedan