European Economics Preview: UK Retail Sales Data Due

U.S. Industrial Production Climbs 0.3% In June, More Than Expected

Partly reflecting a surge by utilities output, the Federal Reserve released a report on Wednesday showing industrial production in the U.S. increased by more than expected in the month of June. The Fed said industrial production climbed by 0.3 percent in June, while revised data showed industrial production was unchanged in May.

RTTNews | 2h 43min ago

U.S. Producer Prices Unexpectedly Flat In June, Annual Growth Slows More Than Expected

A report released by the Labor Department on Wednesday showed producer prices in the U.S. unexpectedly came in flat in the month of June. The Labor Department said its producer price index for final demand was unchanged in June after rising by an upwardly revised 0.3 percent in May.

RTTNews | 3h 14min ago

U.S. Industrial Production Climbs More Than Expected In June

Partly reflecting a surge by utilities output, the Federal Reserve released a report on Wednesday showing industrial production in the U.S. increased by more than expected in the month of June.

RTTNews | 3h 49min ago

Bay Street May Open With Positive Bias

Canadian shares may open with a slightly positive bias on Wednesday, although weak crude oil prices might limit the market's upside. Investors will focus on trade talks and earnings announcements from big name U.S. companies for directional clues.

RTTNews | 4h 7min ago

Indonesia Central Bank Resumes Monetary Easing

Indonesia's central bank reduced its benchmark interest rate for the third time this year on Wednesday, to support economic growth amid slowing inflation and continued stability in the rupiah exchange rate. The Bank Indonesia board, led by Governor Perry Warjiyo, decided to reduce the BI rate by 25 basis points to 5.25 percent.

RTTNews | 4h 28min ago

U.S. Producer Prices Unexpectedly Unchanged In June

A report released by the Labor Department on Wednesday showed producer prices in the U.S. unexpectedly came in flat in the month of June.

RTTNews | 4h 34min ago

FTSE 100 Modestly Higher

The U.K. market is modestly higher Wednesday afternoon, even as the mood remains cautious with investors closely following the developments on the trade front, reacting to inflation data, and also tracking corporate news for direction.

RTTNews | 4h 43min ago

Pound Rises On Strong UK CPI Data

The British pound strengthened against other major currencies in the early European session on Wednesday, after U.K. consumer price inflation accelerated unexpectedly in June to the highest since January 2024 largely due to higher transport and food costs but the Bank of England is expected to loosen its policy further, given mounting concerns over economic conditions.

RTTNews | 5h 26min ago

EURUSD	1.16527	GBPUSD	1.34347	AUDUSD	0.65329
USDJPY	147.844	USDCAD	1.36858	USDCHF	0.79962

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European Economics Preview: UK Retail Sales Data Due