European Economic News Preview: Germany Ifo Business Confidence Due

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European Economic News Preview: Germany Ifo Business Confidence Due

(RTTNews) - Business sentiment from Germany and producer prices from the UK are the top economic news due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics is scheduled to issue UK producer prices for December. Output price inflation is forecast to rise to 16.4 percent from 14.8 percent in November. Input price inflation is seen at 18.0 percent versus 19.2 percent in the previous month.

At 3.00 am ET, Spain producer price figures are due. In the meantime, Italy's Istat publishes non-EU foreign trade data.

At 4.00 am ET, Germany's ifo Institute publishes monthly business confidence survey results for January. The business sentiment index is seen at 90.2, up from 88.6 in December.

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German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

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Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
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European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

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Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
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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.
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