European Economic News Preview: UK Unemployment Data Due

RTTNews | 4 h 29 min atrás
European Economic News Preview: UK Unemployment Data Due

(RTTNews) - Unemployment from the UK and economic sentiment from Germany are due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics is scheduled to issue UK unemployment data. The jobless rate is seen unchanged at 4.7 percent in the three months to July.

At 4.00 am ET, Italy's statistical office ISTAT publishes final inflation data for August. The flash estimate showed that inflation eased slightly to 1.6 percent from 1.7 percent in July.

At 5.00 am ET, Germany's ZEW economic sentiment survey results are due. The economic confidence index is forecast to fall to 25.3 in September from 34.7 in August.

In the meantime, Eurostat releases euro area industrial production data. Economists forecast output to grow 0.4 percent month-on-month in July, in contrast to the 1.3 percent fall in June.

read more
European Shares Subdued Ahead Of Fed Meeting

European Shares Subdued Ahead Of Fed Meeting

European stocks were flat to slightly lower on Tuesday and the U.S. dollar slipped to an over two-month low ahead of the start of a two-day policy meeting of the Federal Reserve later in the day, with traders eyeing a widely expected 25 bps rate cut.
RTTNews | 1 h 21 min atrás
U.S. Dollar Falls Amid Fed Rate Cut Speculation

U.S. Dollar Falls Amid Fed Rate Cut Speculation

The U.S. dollar weakened against other major currencies in the Asian session on Tuesday, as traders have already factored in a rate cut by the US Fed as a "certainty."
RTTNews | 1 h 42 min atrás
Amazon Prime Big Deal Days On October 7-8

Amazon Prime Big Deal Days On October 7-8

Kicking off the holiday shopping season, Amazon has announced the retun of Prime Big Deal Days, its major deal event, on October 7 to 8, with millions of exclusive and early deals for Prime Members. Along with the U.S., Prime Big Deal Days will begin on October 7 in Australia, Belgium, Brazil, Canada, France, Germany, Italy, Japan, Netherlands, Poland, Singapore, Spain, Sweden, and the UK.
RTTNews | 2 h 53 min atrás
European Shares Seen Opening Up Ahead Of Fed Meeting

European Shares Seen Opening Up Ahead Of Fed Meeting

European stocks are likely to open higher on Tuesday as a two-day policy meeting of the U.S. Federal Reserve gets underway today amid expectations of a larger-than-expected rate cut.
RTTNews | 4 h 51 min atrás
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, recouping the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,850 level, with gains across most sectors led by mining and technology shares.
RTTNews | 7 h 2 min atrás