European Economic News Preview: German Consumer Confidence Data Due

RTTNews | 581 ngày trước
European Economic News Preview: German Consumer Confidence Data Due

(RTTNews) - Consumer sentiment from Germany and France are due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, the market research group GfK is scheduled to issue Germany's consumer confidence survey data. The forward-looking sentiment index is forecast to improve to -24.5 in February from -25.1 in January.

In the meantime, retail sales and household consumption figures from Norway and foreign trade and unemployment from Sweden are due.

At 2.45 am ET, France's statistical office INSEE releases consumer sentiment data for January. The confidence indicator is seen at 90, up from 89 in December.

At 3.00 am ET, quarterly unemployment data is due from Spain. The jobless rate is forecast to rise marginally to 11.9 percent in the fourth quarter from 11.8 percent in the third quarter.

At 4.00 am ET, the European Central Bank is slated to issue monetary aggregates for December. M3 is expected fall 0.7 percent annually, following a 0.9 percent drop in November.

read more
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 1h 0phút trước
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 1h 28phút trước
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 4h 32phút trước
U.S. Consumer Prices Increase In Line With Estimates In July

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

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.
RTTNews | 5h 15phút trước
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 5h 45phút trước