European Economic News Preview: German Ifo Business Confidence Due

RTTNews | 66 ngày trước
European Economic News Preview: German Ifo Business Confidence Due

(RTTNews) - Business sentiment data from Germany is due on Tuesday, headlining a light day for the European economic news.

At 3.00 am ET, the Czech Statistical Office is scheduled to publish business and consumer sentiment survey results.

At 4.00 am ET, the ifo Institute is set to release Germany's business sentiment survey data. Economists forecast the business climate index to rise to 88.2 in June from 87.5 in May. The current situation indicator is seen at 86.5 compared to 86.1 in the previous month.

At 6.00 am ET, the Confederation of British Industry publishes Industrial Trends survey results. The order book balance is expected to rise to -28 in June from -30 in the previous month.

At 8.00 am ET, Hungary's central bank announces its monetary policy decision.

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German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
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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.
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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.
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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.
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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.
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