European Economic News Preview: German Ifo Business Confidence Due

RTTNews | 128 dias atrás
European Economic News Preview: German Ifo Business Confidence Due

(RTTNews) - Business sentiment from Germany and consumer confidence from France are due on Thursday, headlining a light day for the European economic news.

At 2.45 am ET, France's statistical office INSEE releases consumer confidence survey results. The consumer sentiment index is forecast to fall to 91 in April from 92 in March.

At 3.00 am ET, Spain's INE publishes producer prices for March.

At 4.00 am ET, the ifo institute is scheduled to release German business confidence survey data. The business sentiment index is seen at 85.1 in April, down from 86.7 in March.

At 6.00 am ET, the Confederation of British Industry is set to publish Industrial Trends survey results. The order book balance is forecast to fall to -36 in April from -29 in March.

read more
German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | 13 h 52 min atrás
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 | 16 h 42 min atrás
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 | 17 h 10 min atrás
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 | 20 h 14 min atrás
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 | 20 h 57 min atrás