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European Economics Preview: Germany Producer Price Data Due
(RTTNews) - Producer prices data from Germany is the only major statistical report due on Monday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis releases Germany's producer prices for October. Producer prices are forecast to surge 41.5 percent on a yearly basis, but slower than the 45.8 percent gain posted in September.
In the meantime, capacity utilization data is due from Sweden.
At 4.00 am ET, Bank of Greece publishes current account figures for September. The current account surplus totaled EUR 0.45 billion in August.
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Eurozone Jobless Rate Rises Slightly
The euro area unemployment rate rose slightly in August but remained near record lows despite weaker economic activity. The jobless rate climbed marginally to 6.3 percent in August from 6.2 percent in July, Eurostat said Thursday. The rate was forecast to remain unchanged at 6.2 percent.
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20 นาทีที่ผ่านมา
European Shares Climb On Fed Rate Cut Hopes
European stocks hovered near record levels on Thursday, with healthcare and chip-related stocks leading the surge.
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1 ชม. 55 นาทีที่ผ่านมา
Asian Shares Climb Amid AI Optimism
Asian stocks advanced on Thursday as tech stocks surged amid continued hype over artificial intelligence.
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2 ชม. 9 นาทีที่ผ่านมา
Canadian Dollar Falls Amid BoC Rate Cut Speculation
The Canadian dollar weakened against other major currencies in the Asian session on Thursday, as the latest Canadian PMI survey supports speculations on a rate reduction by the Bank of Canada.
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2 ชม. 34 นาทีที่ผ่านมา
Australia Household Spending Growth Weakens, Trade Surplus Declines
Australia's household spending grew at a slower pace in August and the trade surplus declined sharply as exports of gold decreased dramatically, official data showed on Thursday. Household spending rose only 0.1 percent from July, when consumption grew 0.4 percent, the Australian Bureau of Statistics said. This was the weakest expansion in four months.
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3 ชม. 7 นาทีที่ผ่านมา
NZ Dollar Rises Amid Risk-on Mood
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday, as Asian stocks traded higher amid optimism about the outlook for interest rates following a report showing unexpected decrease in US private sector employment in the month of September. Expectations of additional rate cuts this year, and another next year have increased among traders based on projections.
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3 ชม. 34 นาทีที่ผ่านมา
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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4 ชม. 3 นาทีที่ผ่านมา
European Economics News Preview: Eurozone Unemployment Data Due
Unemployment from the euro area and Spain are due on Thursday, headlining a light day for the European economic news. At 3.00 am ET, Spain's labor ministry is scheduled to issue unemployment data. The number of unemployed is expected to increase 15,400 in September. At 4.00 am ET, Italy's statistical office publishes unemployment figures for August.
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4 ชม. 41 นาทีที่ผ่านมา
