European Economics Preview: Germany Industrial Output Data Due

RTTNews | 1039 gün önce
European Economics Preview: Germany Industrial Output Data Due

(RTTNews) - Industrial production from Germany and revised quarterly national accounts from the euro area are the top economic news due on Wednesday.

At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for October. Economists forecast output to fall 0.6 percent on month, offsetting the 0.6 percent increase in September.

In the meantime, UK Halifax house price figures are due. House prices are forecast to fall 0.2 percent on month in November, slower than the 0.4 percent decrease in October.

Also, industrial output from Norway and GDP data from Sweden are due.

At 2.45 am ET, the Bank of France releases current account figures for October. The foreign trade data is also due.

At 3.00 am ET, the Czech Statistical Office publishes industrial output and external trade data. Production is seen rising 7.2 percent annually in October after rising 8.3 percent in September.

At 4.00 am ET, Italy's Istat is set to release retail sales data for October. Sales are expected to drop 0.6 percent on month, in contrast to the 0.5 percent rise in September.

At 5.00 am ET, Eurostat is slated to release euro area revised GDP data. The statistical office is expected to confirm 0.2 percent sequential growth for the third quarter.

read more
U.S. Govt Has Started To Fire Federal Workers

U.S. Govt Has Started To Fire Federal Workers

The U.S. government has started to layoff federal employees, the Office of Management and Budget's chief Russell Vought said on the 10th day of the shutdown. In a post on the social media platform X, Vought said, "The RIFs have begun." RIF is an acronym for reduction in force.
RTTNews | 18s 54 dakika önce
SMI Sheds Over 1% As Stocks Tumble In Final Hour

SMI Sheds Over 1% As Stocks Tumble In Final Hour

After moving along the flat line till the penultimate hour of the day's trading session on Friday, Switzerland's benchmark index SMI tumbled in the final hour, as trade tensions intensified after U.S. President Donald Trump threatened to impose massive tariffs on Chinese imports.
RTTNews | 22s 17 dakika önce
TSX Down 0.7%, Looks Headed For Another Weak Close

TSX Down 0.7%, Looks Headed For Another Weak Close

After opening slightly higher and advancing further, the Canadian market slipped into negative territory Friday morning, pushed down by losses in healthcare, energy and technology sectors.
RTTNews | 1 gün önce
U.S. Consumer Sentiment Virtually Unchanged In October

U.S. Consumer Sentiment Virtually Unchanged In October

A report released by the University of Michigan on Friday showed its reading on U.S. consumer sentiment was virtually unchanged in the month of October. The University of Michigan said its consumer sentiment index edged down to 55.0 in October from 55.1 in September. Economists had expected the index to slip to 54.2.
RTTNews | 1 gün önce
Calico Brands Recalls 175K Scripto Premium Torches Sold At Walmart, Home Depot

Calico Brands Recalls 175K Scripto Premium Torches Sold At Walmart, Home Depot

Ontario, California-based Calico Brands is recalling about 175 thousand units of Scripto Premium Torches citing risks of injury or death from fires and burns, according to the U.S. Consumer Product Safety Commission. The recall involves the Scripto Premium Torch with UPC number "0-70257-52226-6".
RTTNews | 1 gün önce
Bay Street May Open Flat; Jobs Data In Focus

Bay Street May Open Flat; Jobs Data In Focus

Futures point to a flat start for the Canadian market Friday morning, but the nation's employment data, due before the opening bell, could well set the trend for stocks. Firm gold and silver prices are likely to trigger some strong buying in the materials sector.
RTTNews | 1 gün önce