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European Economic News Preview: Eurozone Unemployment Data Due
(RTTNews) - Unemployment from the euro area and Spain are the top economic news due on Tuesday, headlining a light day for the European economic news.
At 3.00 am ET, Spain's labor agency publishes monthly unemployment data for February. The number of unemployed is expected to rise to 45,200 from 38,700 in the previous month.
At 4.00 am ET, Italy's statistical office ISTAT releases unemployment rate for January. Economists forecast the jobless rate to remain unchanged at 6.2 percent.
At 5.00 am ET, Eurozone unemployment data is due. The jobless rate is seen at 6.3 percent in January, unchanged from December.
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Ryanair FY25 Profit Down, But Stock Climbs On Revenue And Traffic Growth, Positive Outlook
Shares of Ryanair Holdings Plc. were gaining around 6 percent in the early morning trading on the Nasdaq after the Irish low-cost airline reported Monday higher revenues and traffic in fiscal 2025, despite delivery delays from aerospace major Boeing Co. The company marked as the first airline in European Union to carry 200 million guests in one year. Meanwhile, Ryanair recorded weak annual profit.
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1 ชม. 50 นาทีที่ผ่านมา
U.S. Leading Economic Index Slumps More Than Expected In April
The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators slumped by more than expected in the month of April. The report said the leading economic index tumbled by 1.0 percent in April after sliding by a downwardly revised 0.8 percent in March.
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2 ชม. 10 นาทีที่ผ่านมา
Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU
Eurozone economic growth outlook was downgraded substantially for 2025 due to the impact of higher trade tariffs and elevated uncertainty and disinflation would proceed more swiftly than anticipated with headline inflation set to hit the 2 percent target by the middle of this year, the European Commission said Monday.
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3 ชม. 18 นาทีที่ผ่านมา
Dollar Index Extends Gains On Trade Deal Optimism
Rising optimism surrounding trade deals between the U.S. and its trading partners, and in particular the significant easing in trade tensions between the U.S. and China bolstered the U.S. dollar during the week ended May 16.
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4 ชม. 43 นาทีที่ผ่านมา
FTSE 100 Drifts Lower In Cautious Trade
U.K. stocks are down in negative territory, losing ground after making a good upmove in the previous week. Investors, awaiting the outcome of a UK - European Union summit in London, are largely making cautious moves.
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5 ชม. 19 นาทีที่ผ่านมา
CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement
French stocks are down in negative territory on Monday, retreating from a one-month high recorded in the previous session, as investors make cautious moves amid some concerns about global growth following a downward revision in U.S. credit rating.
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6 ชม. 2 นาทีที่ผ่านมา
Sensex Drops 271 Points In Muted Session; Nifty Ends Below 24,950
Indian shares fell modestly on Monday, with IT stocks leading losses after Moody's downgraded the U.S. credit rating by one notch to Aa1 from Aaa, citing rising levels of government debt and interest payments.
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6 ชม. 9 นาทีที่ผ่านมา
DAX Down Marginally In Cautious Trade
German stocks are exhibiting weakness on Monday in cautious trade after recent gains. Investors are assessing possible risks to global economic growth due to geopolitical tensions and tariff uncertainty, as well as a downgrade in U.S. sovereign debt.
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6 ชม. 28 นาทีที่ผ่านมา
