European Economic News Preview: IMF To Release World Economic Outlook

RTTNews | 688 дней спустя
European Economic News Preview: IMF To Release World Economic Outlook

(RTTNews) - The International Monetary Fund is set to release the World Economic Outlook with latest analysis and economic projections on Tuesday.

Chief Economist Pierre-Olivier Gourinchas is set to present global growth projections and key policy recommendations at 4.00 AM ET / 9.00 AM GMT+1. The IMF holds its 2023 annual meetings in the Moroccan city of Marrakech.

No major statistical reports are due from the European economics on Tuesday.

At 2.00 am ET, Statistics Norway is scheduled to issue consumer price data for September. Inflation is forecast to slow to 4.0 percent from 4.8 percent in August.

In the meantime, Statistics Sweden publishes GDP, industrial output and household consumption figures for August.

At 2.30 am ET, consumer price data is due from Hungary. Inflation is forecast to ease notably to 12.5 percent in September from 16.4 percent in August.

At 3.00 am ET, the Czech Statistical Office releases consumer price data for September. Economists expect inflation to slow to 7.5 percent from 8.5 percent in August.

At 4.00 am ET, Italy's statistical office publishes industrial production for August. Industrial output is expected to decline 5.0 percent annually after falling 2.1 percent in July.

At 5.00 am ET, consumer prices and industrial production reports are due from Greece.

read more
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 Thursday, after the Fed official left the door open for an interest rate cut next month.
RTTNews | 1ч 19мин назад
Europe Car Sales Rebound In July

Europe Car Sales Rebound In July

Europe's new car sales rebounded in July on strong demand for battery electric and plug-in hybrid cars, the European Automobile Manufacturers' Association reported Thursday. Car registrations in the European Union advanced 7.4 percent year-on-year in July, offsetting June's 7.3 percent decrease. Data showed an annual rise of 39.1 percent for battery-electric and 14.3 percent for hybrid-electric
RTTNews | 2ч 23мин назад
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.
RTTNews | 4ч 14мин назад
Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | 5ч 7мин назад
European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
RTTNews | 5ч 8мин назад