European Economic News Preview: Germany Flash Inflation Data Due

RTTNews | 778 dni temu
European Economic News Preview: Germany Flash Inflation Data Due

(RTTNews) - Flash inflation from Germany and economic confidence survey results from euro area are the top economic news due on Thursday, headlining a busy day for the European economic news.

At 3.00 am ET, Spain's statistical office INE publishes flash consumer and harmonized prices for March. Consumer price inflation is forecast to ease sharply to 3.8 percent from 6.0 percent in February.

In the meantime, Switzerland's KOF leading index is due. The index is seen at 100.5 in March compared to 100.0 in February.

At 4.00 am ET, Italy's ISTAT publishes unemployment data for February. Economists forecast the jobless rate to rise marginally to 8.0 percent from 7.9 percent in January.

At 5.00 am ET, the European Commission publishes euro area economic sentiment survey results. The economic confidence index is expected to rise slightly to 99.8 in March from 99.7 in February.

At 8.00 am ET, preliminary consumer price estimates are due from Germany. Economists expect consumer price inflation to ease notably to 7.3 percent in March from 8.7 percent in February.

read more
European Stocks Close Week On Positive Note

European Stocks Close Week On Positive Note

European stocks closed higher on Friday thanks to easing trade tensions following the announcement of the U.S.-China deal earlier in the week, and reports that the EU bloc's talks with the U.S. for a reduction in tariffs are making positive progress.
RTTNews | 16 minut temu
Canadian Market Recovers After Weak Start; TSX Up Marginally

Canadian Market Recovers After Weak Start; TSX Up Marginally

Canadian stocks are turning in a mixed performance a little past noon on Friday after recovering from an early setback. Investors appear to be making cautious moves after eight straight days of gains that saw the market climb to a new record high on Thursday.
RTTNews | 1g 3 minut temu
U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

Consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month of May, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index dipped to 50.8 in May after slumping to 52.2 in April. Economists had expected the index to inch up to 53.4.
RTTNews | 3g 10 minut temu
U.S. Import, Export Prices Unexpectedly Inch Higher In April

U.S. Import, Export Prices Unexpectedly Inch Higher In April

The Labor Department released a report on Friday unexpectedly showing modest increases by both U.S. import and export prices in the month of April. The report said import prices crept up by 0.1 percent in April after falling by a downwardly revised 0.4 percent in March.
RTTNews | 3g 13 minut temu
Eurozone Trade Surplus Surges On Exports To US

Eurozone Trade Surplus Surges On Exports To US

The euro area trade surplus grew strongly in March as exports to the U.S increased sharply ahead of the expected increase in trade tariffs. The trade balance showed a surplus of EUR 36.8 billion compared to a EUR 22.8 billion surplus in the same period last year, Eurostat reported Friday.
RTTNews | 4g 2 minut temu
Richemont Shares Gain On Higher FY25 Results, Dividend Hike

Richemont Shares Gain On Higher FY25 Results, Dividend Hike

Shares of Richemont SA were gaining around 6 percent in the Swiss trading after the Cartier owner reported higher net profit and sales in its fiscal 2025 on strong Jewellery performance. Meanwhile, earnings from continuing operations was lower than last year amid weak China results. Further, the luxury goods firm declared higher dividend.
RTTNews | 4g 9 minut temu