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European Economics Preview: UK CPI & PPI Data Due

RTTNews | 916 gün önce

European Economics Preview: UK CPI & PPI Data Due

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

At 2.00 am ET, the Office for National Statistics releases UK consumer and factory gate prices for October. Consumer price inflation is expected to advance to 10.7 percent from 10.1 percent in September. Factory gate inflation is seen at 14.6 percent versus 15.9 percent in September.

At 3.00 am ET, the Czech Statistical Office is scheduled to issue producer prices for October. Producer price inflation is forecast to ease to 24.4 percent from 25.8 percent in September.

At 4.00 am ET, the European Central Bank publishes Financial Stability Review.

In the meantime, Italy's Istat is slated to issue final consumer and harmonized prices for October. Consumer price inflation is forecast to rise to 11.9 percent, as initially estimated, from 8.9 percent in September.

At 4.30 am ET, UK house price data is due from the Office for National Statistics.

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Canadian Dollar Rises As Inflation Climbs

Canadian Dollar Rises As Inflation Climbs

The Canadian dollar advanced against its most major counterparts in the New York session on Tuesday, after a data showed that inflation accelerated in April.

RTTNews | 1s 40 dakika önce

Swiss Market Ends Modestly Higher

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The Switzerland market suffered a mild setback in early trades on Tuesday, but recovered soon and then stayed firm right till the end of the session to finish with a modest gain. Investors tracked corporate news and the developments on the geopolitical front.

RTTNews | 2s 28 dakika önce

European Stocks Recover After Weak Start, Close Broadly Higher

European Stocks Recover After Weak Start, Close Broadly Higher

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RTTNews | 2s 49 dakika önce

TSX Extends Gains To 10th Straight Session, Hits New Record High

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RTTNews | 4s 20 dakika önce

Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile electrification due to the recent market slowdown. Meanwhile, Honda expects a minimal increase in investment related to Hybrid Electric Vehicle or HEV business.

RTTNews | 5s 20 dakika önce

Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

The Canadian market is likely to see a cautious start Tuesday morning with investors reacting to the nation's consumer price inflation data.

RTTNews | 7s 50 dakika önce

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.

RTTNews | 8s 16 dakika önce

FTSE 100 Moderately Higher As Investors Focus On Earnings

FTSE 100 Moderately Higher As Investors Focus On Earnings

U.K. stocks are up in positive territory on Tuesday, extending gains to a fourth straight session. The focus largely on corporate earnings updates, and the developments on the trade front.

RTTNews | 9s 4 dakika önce

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