European Economics Preview: Germany Foreign Trade, Unemployment Data Due

RTTNews | Pred 1031 dňami
European Economics Preview: Germany Foreign Trade, Unemployment Data Due

(RTTNews) - Foreign trade, unemployment and final manufacturing Purchasing Managers' survey results from Germany are due on Wednesday, headlining a busy day for the European economic news.

At 3.00 am ET, Destatis is scheduled to issue Germany's foreign trade and unemployment figures for September. Exports are forecast to grow 0.1 percent on month, slower than the 1.6 percent increase in August. Imports are expected to fall 0.4 percent.

At 4.00 am ET, manufacturing PMI survey results are due from Poland and Hungary.

At 4.15 am ET, Spain's manufacturing PMI survey data is due. The index is forecast to fall to 47.5 in October from 49.0 in the previous month.

At 4.45 am ET, S&P Global publishes Italy's manufacturing PMI survey results. Economists expect the index to ease to 46.9 in October from 48.3 a month ago.

At 4.50 am ET, final factory PMI survey results are due from France. The score is seen at 47.4 in October, unchanged from flash estimate, and down from 47.7 in September.

At 4.55 am ET, the Federal Labor Agency publishes Germany's unemployment data for October. The jobless rate is forecast to remain unchanged at 5.5 percent. Also, S&P Global releases final manufacturing PMI. Germany's final PMI is expected to match the flash estimate of 45.7.

At 5.00 am ET, Eurozone final PMI survey data is due. Economists expect the index to fall to 46.6 in October, in line with flash estimate, from 48.4 in September.

read more
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | Pred 42 minútami
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 | Pred 1 h 12 min
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 | Pred 2 h 25 min
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 | Pred 2 h 58 min
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | Pred 3 h 5 min