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European Economic News Preview: Germany Final Inflation Data Due

RTTNews | Pred 659 dňami

European Economic News Preview: Germany Final Inflation Data Due

(RTTNews) - Final consumer prices data from Germany is the only major economic report due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is set to issue Germany's final consumer and harmonized prices for July. Consumer price inflation is forecast to ease to 6.2 percent, as initially estimated, from 6.4 percent in June.

At 2.30 am ET, consumer prices and foreign trade figures are due from Hungary. Inflation is seen at 17.6 percent in July, down from 20.1 percent in June.

At 2.45 am ET, foreign trade and current account reports are due from France. The trade deficit is expected to narrow to EUR 8 billion in June from EUR 8.41 billion in May. At 5.00 am ET, the Hellenic Statistical Authority releases Greece inflation data for July.

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Kingfisher Q1 Sales Rise, Says Confident Of FY25 View; But Stock Down

Kingfisher Q1 Sales Rise, Says Confident Of FY25 View; But Stock Down

Home improvement retailer Kingfisher Plc reported Wednesday higher sales in its first quarter, benefited by improved results in UK & Ireland. Meanwhile, sales in France and Poland declined, and the company maintained its fiscal 2025 outlook. On the London Stock Exchange, Kingfisher shares were losing around 3.5 percent.

RTTNews | Pred 1 h 12 min

Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note Wednesday morning with investors tracking global cues and reacting to earnings from major Canadian banks. Investors are also awaiting earnings update from U.S.

RTTNews | Pred 1 h 25 min

FTSE 100 Down Marginally

FTSE 100 Down Marginally

UK stocks are marginally down in lackluster trade on Wednesday as investors look for directional clues after recent gains following U.S. President Donald Trump deciding to pause the recently announced 50% tariffs on imports from EU, paving the way for further trade negotiations.

RTTNews | Pred 2 h 14 min

German Unemployment Rises More Than Expected

German Unemployment Rises More Than Expected

Joblessness in Germany increased more than expected in May as a weak economy continued to impede job creation, official data revealed on Wednesday. The number of unemployed increased sharply by 34,000 in May compared to April's rise of 6,000, the Federal Employment Agency said. Economists expected a monthly increase of 12,000.

RTTNews | Pred 2 h 18 min

CAC 40 Down Marginally In Lackluster Trade

CAC 40 Down Marginally In Lackluster Trade

French stocks are moving in a tight range in cautious trade on Wednesday as investors digest a slew of domestic economic reports, and continue to assess the impact of Trump administration's trade policy on global economic growth.

RTTNews | Pred 3 h 27 min

Sensex, Nifty End Lower; ITC Falls Over 3% After BAT's Stake Sale

Sensex, Nifty End Lower; ITC Falls Over 3% After BAT's Stake Sale

Indian shares ended modestly lower on Wednesday, extending losses for a second straight session in the wake of fund outflows due to large block deals and increased primary market activity.

RTTNews | Pred 3 h 37 min

DAX Modestly Lower In Cautious Trade

DAX Modestly Lower In Cautious Trade

German stocks are modestly lower on Wednesday with investors mostly making cautious moves, looking for directional clues after recent gains on the back of U.S. President Donald Trump's decision to pause tariffs on EU goods till July 9th.

RTTNews | Pred 3 h 55 min

France GDP Growth Confirmed At 0.1%

France GDP Growth Confirmed At 0.1%

The French economy recovered in the first quarter, as initially estimated, the statistical office INSEE reported Wednesday. Gross domestic product grew 0.1 percent from the fourth quarter, when the economy shrank 0.1 percent.

RTTNews | Pred 4 h 37 min

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