European Economics Preview: Germany Industrial Output Data Due

RTTNews | 1041 ngày trước
European Economics Preview: Germany Industrial Output Data Due

(RTTNews) - Industrial production and retail sales from Germany and house prices from the UK are due on Friday, headlining a light day for the European economic news.

At 1.45 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss unemployment data for September. The jobless rate is seen unchanged at seasonally adjusted 2.1 percent.

At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production, import prices and retail sales data. Economists expect industrial output to fall 0.5 percent on month in August, slower than the 0.3 percent decrease in July.

In the meantime, UK Halifax house price data is due for September. Prices had increased 11.5 percent annually in August.

At 2.45 am ET, current account and foreign trade figures are due from France.

At 3.00 am ET, the Czech Statistical Office publishes industrial output, foreign trade and construction output data.

At 4.00 am ET, Italy's Istat publishes retail sales data for August. Sales had increased 1.3 percent on month in July.

read more
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market closed on a firm note on Wednesday, despite struggling for support mid way through the day's trading session. Investors largely made their moves, reacting to the most recent earnings updates.
RTTNews | 3h 22phút trước
European Stocks Close Mostly Higher

European Stocks Close Mostly Higher

European stocks closed mostly higher on Wednesday on rising optimism about a rate cut by the Federal Reserve in September, and easing trade and geopolitical tensions. Gains were somewhat modest in several markets and traders chose to stay cautious at higher levels, choosing to wait for more economic data, and news from the tariff front.
RTTNews | 3h 41phút trước
Bay Street Likely To Open On Positive Note

Bay Street Likely To Open On Positive Note

Canadian stocks may open higher on Wednesday, amid continued optimism about Fed interest rate cut, and easing geopolitical tensions ahead of talks between U.S. President Donald Trump and Russian President Vladimir Putin that is scheduled to take place on Friday.
RTTNews | 8h 25phút trước
U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation

U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation

The U.S. dollar continued to trade lower against other major currencies in the European session on Wednesday, as the U.S. Consumer Price Index data from July has raised expectations that the Fed would lower interest rates in September.
RTTNews | 8h 50phút trước
CAC 40 Up Nearly 0.5%; Essilor Rises Sharply

CAC 40 Up Nearly 0.5%; Essilor Rises Sharply

French stocks are gaining some ground in positive territory on Wednesday, extending previous session's rise, amid continued optimism the Fed will reduce interest rate next month, and on slightly easing concerns about tariff after the U.S. decided to extend its pause on higher tariffs against China till November 10.
RTTNews | 10h 1phút trước
DAX Notably Higher As Fed Rate Cut Hopes, Easing Trade Tensions Lift Sentiment

DAX Notably Higher As Fed Rate Cut Hopes, Easing Trade Tensions Lift Sentiment

The German market is up firmly in positive territory on Wednesday, with stocks from several sectors posting solid gains, amid expectations of a rate cut by the Federal Reserve next month, and on hopes that the impact of tariffs on growth will be less severe than feared earlier. Investors are also digesting the nation's inflation data.
RTTNews | 10h 27phút trước