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European Economic News Preview: Eurozone Current Account Data Due
(RTTNews) - The current account data from the euro area is due on Tuesday, headlining a light day for the European economic news.
At 1.00 am ET, Statistics Finland publishes unemployment data for January.
At 2.00 am ET, foreign trade data is due from Switzerland. Also, quarterly national accounts from Denmark and capacity utilization from Sweden are due.
At 4.00 am ET, the European Central Bank publishes the euro area current account figures for December. The current account surplus totaled EUR 31.7 billion in November. In the meantime, industrial production, producer prices, corporate sector wages are due from Poland.
At 5.00 am ET, Eurostat publishes euro area construction output figures for December.
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TSX Modestly Higher As Financials, Mining Stocks Move Up
Despite concerns about global trade, and political uncertainty in Europe, the Canadian market is modestly higher Tuesday afternoon, supported by gains in materials, industrials and financials sectors.
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Pred 1 h 12 min
Swiss Market Settles Weak
After opening with a big negative gap Tuesday morning, the Swiss market gradually recovered some lost ground, and even managed a brief spell in positive territory midway through the session, but failed to sustain momentum and finally ended the day's session in the red.
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Pred 1 h 30 min
European Stocks Close Lower On Political Concerns, Tariff Worries
European stocks closed weak on Tuesday, weighed down by political uncertainty in France, and lingering concerns about tariffs and their impact on global economic growth.
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Pred 1 h 53 min
U.S. Consumer Confidence Index Edges Lower In August
A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.
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Pred 5 h 22 min
U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected
Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.
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Pred 5 h 33 min
Bay Street May Open On Weak Note
Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.
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Pred 6 h 52 min
U.S. Durable Goods Orders Tumble Less Than Expected In July
Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.
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Pred 6 h 57 min
FTSE 100 Modestly Lower
After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.
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Pred 7 h 20 min
