European Economic News Preview: Swiss Inflation Data Due

RTTNews | 928 ngày trước
European Economic News Preview: Swiss Inflation Data Due

(RTTNews) - Consumer prices from Switzerland is the only major data due on Monday, headlining a light day for the European economic news.

At 2.00 am ET, the Turkish Statistical Institute is set to release retail sales data for December.

At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss consumer prices for January. Inflation is forecast to rise slightly to 2.9 percent from 2.8 percent in December.

In the meantime, industrial and construction figures are due from Hungary.

At 8.00 am ET, foreign trade and current account reports are due from Poland.

read more
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 | 3h 10phút 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 | 3h 53phút 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 | 4h 23phút trước
Pound Slides Against Majors

Pound Slides Against Majors

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 | 5h 37phút trước