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European Economic News Preview: Germany Wholesale Price Data Due

RTTNews | 837 gün önce

European Economic News Preview: Germany Wholesale Price Data Due

(RTTNews) - Wholesale prices from Germany and industrial production from the euro area are the top economic news due on Monday.

At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for April. Wholesale prices are forecast to fall 0.7 percent annually, in contrast to the 2.0 percent increase in March. In the meantime, foreign trade from Norway and consumer prices from Sweden are due. Sweden consumer price inflation is seen at 7.9 percent in April, slower than the 8.0 percent gain in March.

At 2.30 am ET, the Federal Statistical Office releases Swiss producer prices for April. Economists expect producer prices to rise at a slower pace of 1.1 percent after climbing 2.1 percent in March.

At 5.00 am ET, industrial production data is due from the euro area. Production is expected to fall 2.5 percent on month in March, reversing the 1.5 percent increase in February.

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U.S. Consumer Prices Increase In Line With Estimates In July

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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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RTTNews | 44 dakika önce

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RTTNews | 57 dakika önce

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RTTNews | 1s 13 dakika önce

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RTTNews | 1s 51 dakika önce

Pound Slides Against Majors

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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 | 1s 58 dakika önce

FTSE 100 Weak Again, Looks Headed For Weekly Loss

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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 | 2s 30 dakika önce

Pound Falls Against Majors

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

RTTNews | 2s 38 dakika önce

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