European Economics Preview: EU Summer Economic Forecast Due

RTTNews | 1059天前
European Economics Preview: EU Summer Economic Forecast Due

(RTTNews) - The EU macroeconomic forecast is due on Thursday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for June. Wholesale prices had increased 22.9 percent annually in May.

In the meantime, Statistics Sweden is set to issue consumer prices for June. Inflation is forecast to rise to 8.3 percent from 7.3 percent in May.

At 2.30 am ET, producer price data is due from Switzerland.

At 3.00 am ET, the Turkish Statistical Institute publishes industrial production and retail sales data for May. Economists forecast output to grow 8.0 percent annually, slower than the 10.8 percent increase in April.

At 4.30 am ET, the Bank of England releases credit conditions survey results.

At 5.00 am ET, the European Commission is scheduled to issue Summer Economic Forecast.

read more
U.S. Dollar Higher After Strong Jobs Data

U.S. Dollar Higher After Strong Jobs Data

The U.S. dollar firmed against its major counterparts in the New York session on Friday, following the release of better-than-expected nonfarm payrolls report for May.
RTTNews | 23小時35分鐘前
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

After a flat start and a subsequent modest upmove, the Switzerland market turned subdued and fell into negative territory by noon on Friday, but recovered gradually to finally end the day's session on a positive note.
RTTNews | 1天前
European Markets Close Higher

European Markets Close Higher

The major European markets closed slightly higher on Friday, supported by data showing stronger-than-expected jobs growth in the U.S., and an upward revision in eurozone first-quarter GDP. Weak industrial production data from Germany and France, and persisting concerns about U.S. tariffs limited markets' upside.
RTTNews | 1天前
CPSC Recalls: 3.8 Mln Dumbbells, 1.7 Mln Air Conditioners, Golf Cars, CO Detectors, Casters, E-Bikes

CPSC Recalls: 3.8 Mln Dumbbells, 1.7 Mln Air Conditioners, Golf Cars, CO Detectors, Casters, E-Bikes

The U.S. Consumer Product safety Commission or CPSC has announced various recalls including around 3.8 million units of dumbbells by Johnson Health Tech Trading, 1.7 million air conditioners by Midea America Corp., around 352 thousand units of Yamaha golf cars including previously recalled ones, and around 50 thousand units of Apollo America's Combination Smoke and Carbon Monoxide or CO Detectors.
RTTNews | 1天前
TSX Pares Some Gains After Hitting Fresh Record High

TSX Pares Some Gains After Hitting Fresh Record High

Canadian stocks are up in positive territory in late morning trade on Friday, amid slightly easing concerns about tariffs following somewhat encouraging phone calls between the U.S. President Donald Trump and Chinese Premier Xi. Investors are also digesting the nation's jobs data, as well the non-farm payrolls data from the U.S.
RTTNews | 1天前
U.S. Job Growth Slightly Exceeds Estimates In May

U.S. Job Growth Slightly Exceeds Estimates In May

Employment in the U.S. increased by slightly more than expected in the month of May, according to a report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 139,000 jobs in May after jumping by a downwardly revised 147,000 jobs in April.
RTTNews | 1天前