European Economic News Preview: Germany Producer Price Data Due

RTTNews | 771 dni temu
European Economic News Preview: Germany Producer Price Data Due

(RTTNews) - Producer prices from Germany and business confidence from France are the major statistical reports due on Thursday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's producer prices for June. Producer prices are forecast to remain flat on year, following May's 1.0 percent increase.

In the meantime, Swiss foreign trade data is due for June.

At 2.45 am ET, France's statistical office INSEE publishes business sentiment survey results for July. The confidence index is seen falling to 100 in July from 101 in June.

At 4.00 am ET, the European Central Bank releases the euro area current account data for May. The current account surplus totaled EUR 4.0 billion in April.

Also, industrial production, corporate wages and producer prices are due from Poland. Economists forecast industrial output to fall 1.6 percent annually, after easing 3.2 percent in May. Producer price inflation is seen easing to 0.7 percent from 3.1 percent in May.

read more
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 2g 32 minut temu
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 3g 0 minut temu
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 6g 4 minut temu
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 6g 47 minut temu
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 7g 17 minut temu