European Economic News Preview: Germany Consumer Confidence Data Due

RTTNews | 532 dni temu
European Economic News Preview: Germany Consumer Confidence Data Due

(RTTNews) - Consumer sentiment survey data from Germany is the major report due on Tuesday, headlining a light day for the European economic news.

At 3.00 am ET, the market research group GfK publishes Germany's consumer confidence survey results. Economists forecast the sentiment index to improve to -27.9 in April from -29 in March.

In the meantime, producer price data is due from Sweden.

At 4.00 am ET, Spain's INE releases final GDP data. The initial estimate showed that the economy expanded 0.6 percent in the fourth quarter after posting 0.4 percent growth in the third quarter.

At 8.00 am ET, Hungary's central bank announces its interest rate decision. The bank is widely expected to cut its key rate to 8.25 percent from 9.00 percent.

read more
CAC 40 Modestly Higher; Renault, Dassault Systemes Among Top Gainers

CAC 40 Modestly Higher; Renault, Dassault Systemes Among Top Gainers

The French market is modestly higher on Tuesday with investors somewhat shrugging off data showing a drop in the nation's industrial production in July. Concerns on the political front appear to be weighing on sentiment and limiting market's upside.
RTTNews | 15 minut temu
Sensex, Nifty End Higher Led By IT Stocks

Sensex, Nifty End Higher Led By IT Stocks

Indian shares ended modestly higher on Tuesday, tracking mostly positive cues from global markets as weakening labor market data and pressure from the Trump administration bolstered the case for a jumbo rate cut at the U.S. Federal Reserve's upcoming FOMC meeting on September 16-17.
RTTNews | 20 minut temu
DAX Drifts Lower In Cautious Trade

DAX Drifts Lower In Cautious Trade

After a weak start and a subsequent recovery that resulted in a brief spell in positive territory, the German market slipped Tuesday morning, with investors largely staying cautious while looking ahead to the European Central Bank's monetary policy meeting, and some crucial economic data from the U.S. this week.
RTTNews | 52 minut temu
Australia Business Conditions Improve; Confidence Falls

Australia Business Conditions Improve; Confidence Falls

Australia's business conditions improved in August but confidence weakened after four consecutive increases, survey results from NAB showed Tuesday. The business conditions gained two points to 7 in August and remained around its long-run average. The improvement in August reflected gains in employment and profitability, while trading conditions stayed unchanged compared to the prior month.
RTTNews | 1g 0 minut temu
Asian Shares Mixed Before Key US Inflation Data

Asian Shares Mixed Before Key US Inflation Data

Asian stocks turned in a mixed performance on Tuesday amid global political turmoil and ahead of key U.S. inflation readings due this week that could influence the Federal Reserve's rate trajectory.
RTTNews | 2g 4 minut temu
Australia Consumer Confidence Weakens In September

Australia Consumer Confidence Weakens In September

Australian consumer confidence declined notably in September and remained in a 'cautiously pessimistic' territory, survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index declined 3.1 percent to 95.4 in September from 98.5 in August. The third 25 basis-point interest rate cut from the Reserve Bank of Australia had boosted sentiment in August.
RTTNews | 4g 50 minut temu