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European Economic News Preview: Germany Ifo Business Confidence Due

RTTNews | 553 dagar sedan

European Economic News Preview: Germany Ifo Business Confidence Due

(RTTNews) - Business confidence survey results and final GDP from Germany are the top economic news due on Friday.

At 2.00 am ET, Destatis is scheduled to issue Germany's GDP data for the fourth quarter. The initial estimate showed that the largest euro area economy contracted 0.3 percent following a 0.1 percent fall a quarter ago.

At 3.00 am ET, the Czech Statistical Office publishes business and consumer sentiment survey data.

At 4.00 am ET, Germany's ifo business confidence survey data is due. Economists forecast the ifo business sentiment index is forecast to rise to 85.5 in February from 85.2 in the previous month.

In the meantime, unemployment data is due from Poland. The jobless rate is expected to rise to 5.4 percent in January from 5.1 percent in December.

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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 | 29 minuter sedan

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 | 58 minuter sedan

U.S. PCE Price Index Increased In Line With Estimates In July

U.S. PCE Price Index Increased 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.

RTTNews | 1h 11minuter sedan

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

RTTNews | 1h 27minuter sedan

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.

RTTNews | 2h 5minuter sedan

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 | 2h 12minuter sedan

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 | 2h 45minuter sedan

Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | 2h 52minuter sedan

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