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European Economics Preview: UK Unemployment Data Due
(RTTNews) - Labor market statistics from the UK is due on Tuesday, headlining a light day for the European economic news.
At 2.00 am ET, the Office for National Statistics releases UK labor market statistics. The ILO jobless rate is seen at 3.6 percent in three months to August, unchanged from three months to July.
At 3.00 am ET, the Czech Statistical Office is scheduled to issue inflation data for September. Consumer price inflation is seen unchanged at 17.2 percent. Consumer price figures are due from Hungary.
At 4.00 am ET, Italy's Istat releases industrial production for August. Economists forecast industrial output to grow 0.2 percent on month, slower than the 0.4 percent increase in July.
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TSX Settles Lower As Trade Tensions Resurface
Despite hitting record highs earlier in the week, the Canadian market ended weak for a second straight day as trade tensions weighed on sentiment, prompting investors to tread cautiously on Friday.
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Pred 4 h 40 min
Crude Oil Prices Slip On Friday
Crude suffered a weekly loss of more than 1 percent due to uncertainty over U.S. President Donald Trump's tariffs and their likely impact on global growth and fuel demand.
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Pred 9 h 18 min
Pound Drops As Trade Tensions Renew
The pound fell against its major counterparts in the New York session on Friday, as trade tensions escalated after the U.S. President accused China of violating trade agreement reached earlier this month.
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Pred 9 h 20 min
Weighed Down By Tariff Uncertainty, Gold Slides
The swift changes in successive US court rulings on tariffs and a softer inflation report caused a slide in gold price on Friday.
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Pred 9 h 27 min
Swiss Market Ends Modestly Higher
Save for a few minutes at the start when it stayed a bit weak, the Switzerland market remained positive on Friday, and despite coming off the day's high hit around noon, ended the session modestly higher.
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Pred 11 h 34 min
Major European Markets Close Slightly Higher
Despite uncertainty surrounding Trump administration's tariff plans, The major European markets mostly closed higher on Friday.
Trade tensions escalated after the U.S. President accused China of violating trade agreement reached earlier this month, but investors picked up stocks amid expectations of an interest rate cut by the European Central Bank.
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Pred 11 h 58 min
Canadian Market Modestly Lower, Looks Headed For Another Weak Close
The Canadian market is exhibiting weakness on Friday, weighed down by losses in energy, healthcare and technology sectors. Amid renewed concerns about a global trade war, the mood in the market remains cautious.
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Pred 12 h 55 min
U.S. Stocks Broadly Lower In Cautious Trade
U.S. stocks are turning in a weak performance on Friday amid renewed concerns over trade tensions, and a batch of mixed economic data.
The major averages all are down in negative territory, with the tech-laden Nasdaq underperforming.
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Pred 13 h 27 min
