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European Economic News Preview: German Ifo Business Confidence Data Due

RTTNews | 763 dni temu

European Economic News Preview: German Ifo Business Confidence Data Due

(RTTNews) - Business confidence from Germany and bank lending survey results from the euro area are the top economic news due on Tuesday.

At 2.00 am ET, producer price data is due from Statistics Sweden. Economists forecast producer prices to fall 5.9 percent on a yearly basis in June, bigger than the 2.1 percent fall in May.

At 4.00 am ET, the ifo Institute is scheduled to publish Germany's business confidence survey data. The business climate index is forecast to fall to 88.0 in July from 88.5 in the previous month.

In the meantime, the European Central Bank releases bank lending survey results.

Also, unemployment data is due from Poland. Economists expect the jobless rate to fall to 5.0 percent in June from 5.1 percent in May.

At 6.00 am ET, the Confederation of British Industry is set to release Industrial Trends survey data for July. The order book balance is seen at -17 compared to -15 in June.

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U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | 50 minut temu

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | 1g 1 minut temu

Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | 2g 20 minut temu

U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.

RTTNews | 2g 25 minut temu

FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.

RTTNews | 2g 48 minut temu

CAC Down Sharply On Widespread Selling

CAC Down Sharply On Widespread Selling

French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.

RTTNews | 3g 12 minut temu

DAX Extending Recent Weakness

DAX Extending Recent Weakness

German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.

RTTNews | 4g 35 minut temu

Sensex, Nifty Tumble On Tariff Worries

Sensex, Nifty Tumble On Tariff Worries

Indian shares tumbled on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.

RTTNews | 4g 40 minut temu

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