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European Economic News Preview: UK Unemployment Data Due
(RTTNews) - Unemployment from the UK and industrial production from Italy are the top economic news due on Tuesday.
At 2.00 am ET, the Office for National Statistics releases UK unemployment data. The jobless rate is forecast to fall to 4.6 percent in three months to April from 4.5 percent in the preceding period.
At 4.00 am ET, Italy's statistical office ISTAT publishes industrial production for April. Economists expect industrial output to grow 0.1 percent month-on-month, the same rate of increase as seen in March.
At 4.30 am ET, Eurozone Sentix investor confidence survey data is due. The investor sentiment index is expected to rise to -6.0 in June from -8.1 in May.
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U.S. Business Inventories Rise In Line With Estimates In June
A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.
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29 minuter sedan
U.S. Consumer Sentiment Unexpectedly Deteriorates In August
Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
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46 minuter sedan
U.S. Industrial Production Pulls Back Slightly In July
A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.
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1h 15minuter sedan
New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August
The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.
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1h 40minuter sedan
U.S. Consumer Sentiment Index Unexpectedly Decreases In August
Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday.
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2h 6minuter sedan
U.S. Import Price Growth Exceeds Estimates In July
The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July. The report said import prices climbed by 0.4 percent in July after a downwardly revised 0.1 percent dip in June. Economists had expected import prices to inch up by 0.1 percent, matching the 0.1 percent uptick originally reported for the previous month.
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2h 14minuter sedan
U.S. Retail Sales Climb 0.5% In July, In Line With Estimates
A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July. The Commerce Department said retail sales climbed by 0.5 percent in July after jumping by an upwardly revised 0.9 percent in June.
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2h 47minuter sedan
U.S. Industrial Production Edges Slightly Lower In July
A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July.
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2h 54minuter sedan
