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European Economic News Preview: German GfK Consumer Confidence Due

RTTNews | 835 dias atrás

European Economic News Preview: German GfK Consumer Confidence Due

(RTTNews) - Consumer confidence from Germany and France are the top economic news due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, the market research group GfK is scheduled to issue Germany's consumer confidence survey results for May. The confidence index is forecast to improve to -27.9 from -29.5 in April.

In the meantime, foreign trade and unemployment figures are due from Sweden.

At 2.45 am ET, consumer sentiment data is due from France. The confidence index is seen unchanged at 81 in April.

At 3.30 am ET, Sweden's central bank announces its monetary policy decision. The bank is expected to raise its benchmark rate by 50 basis points to 3.50 percent.

At 4.30 am ET, the Office for National Statistics publishes UK labor productivity for the fourth quarter. At 6.00 am ET, the Confederation of British Industry is slated to issue monthly Distributive Trades survey results for April. The retail sales balance is forecast to rise to 9.0 percent from 1.0 percent in March.

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UK Market Roughly Flat; Mining Stocks Move Higher

UK Market Roughly Flat; Mining Stocks Move Higher

Amid a lack of economic and earnings data, U.K. stocks are moving in a tight range in somewhat lackluster trade on Friday. Investors are assessing the potential impact of the Trump administration's reciprocal tariffs on global economic growth. Optimism about a rate cut by the Fed next month is aiding sentiment a bit.

RTTNews | 2 h 2 min atrás

CAC 40 Climbs Higher For 3rd Straight Day

CAC 40 Climbs Higher For 3rd Straight Day

French stocks are modestly higher on Friday, extending gains to a third straight session, with mostly encouraging corporate earnings announcements aiding sentiment. Concerns about the potential impact of Trump's reciprocal tariffs limit market's upside a bit.

RTTNews | 2 h 21 min atrás

Sensex Plunges 765 Points On Tariff Worries; Nifty Ends Below 24,400

Sensex Plunges 765 Points On Tariff Worries; Nifty Ends Below 24,400

Indian shares fell sharply on Friday amid concerns that steep 50 percent U.S. tariffs on Indian goods may hut the country's manufacture push and slow economic growth.

RTTNews | 2 h 35 min atrás

DAX Modestly Lower After Four-day Winning Streak

DAX Modestly Lower After Four-day Winning Streak

German stocks are down in negative territory on Friday, drifting lower after four successive days of gains, as some disappointing earnings announcements, and concerns about the impact of tariffs imposed by U.S. President Donald Trump weigh on sentiment.

RTTNews | 3 h 24 min atrás

European Shares Mixed As Investors Weigh Trump Tariff Impact

European Shares Mixed As Investors Weigh Trump Tariff Impact

European stocks were mixed on Friday after the Trump administration's higher tariff rates on trading partners took effect from midnight and Moscow confirmed Russian President Vladimir Putin and U.S. President Donald Trump are preparing to meet in the coming days, raising hopes of a ceasefire in the Ukraine war.

RTTNews | 3 h 55 min atrás

Asian Shares Mostly Lower In Cautious Trade; Nikkei Bucks Trend

Asian Shares Mostly Lower In Cautious Trade; Nikkei Bucks Trend

Asian stocks ended mostly lower in cautious trade on Friday as U.S. President Donald Trump's reciprocal tariffs targeting more than 90 nations came into force just after midnight.

RTTNews | 4 h 18 min atrás

European Shares Seen Higher At Open

European Shares Seen Higher At Open

European shares are seen opening higher on Friday after U.S. reciprocal tariffs took effect at midnight on Thursday.

RTTNews | 7 h 18 min atrás

NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.

RTTNews | 7 h 31 min atrás

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