European Economic News Preview: Germany GfK Consumer Confidence Due

RTTNews | 731 dias atrás
European Economic News Preview: Germany GfK Consumer Confidence Due

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

At 2.00 am ET, the market research GfK publishes Germany's consumer confidence survey data for September. The forward-looking sentiment index is forecast to rise to -24.3 from -24.4 in August. In the meantime, Statistics Sweden is scheduled to issue final GDP data, retail sales and foreign trade figures.

At 2.45 am ET, France's statistical office INSEE is set to issue monthly consumer sentiment data for August. The consumer confidence index is seen unchanged at 85.0.

At 3.00 am ET, the Czech Statistical Office releases second estimate for GDP data. The statistical office is expected to confirm 0.1 percent sequential growth for the second quarter.

Also, retail sales data is due from Spain. At 4.00 am ET, Austria's manufacturing Purchasing Managers' survey results are due.

At 8.00 am ET, Hungary's central bank announces its monetary policy decision. The bank is likely to hold its base rate at 13.00 percent.

read more
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 | 19 minutos atrás
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | 1 h 33 min atrás
FTSE 100 Weak Again, Looks Headed For Weekly Loss

FTSE 100 Weak Again, Looks Headed For Weekly Loss

U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | 2 h 6 min atrás
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 2 h 13 min atrás
French Stocks Mostly Subdued In Cautious Trade

French Stocks Mostly Subdued In Cautious Trade

The French market is down in negative territory on Friday with investors digesting a slew of economic data, and look ahead to key consumer inflation report from the U.S.
RTTNews | 2 h 24 min atrás