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European Economic News Preview: UK Unemployment Data Due
(RTTNews) - Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday.
At 2.00 am ET, the Office for National Statistics publishes UK unemployment data. The jobless rate is forecast to remain unchanged at 4.7 percent in the second quarter.
At 3.00 am ET, retail sales figures are due from Turkey.
At 5.00 am ET, German ZEW economic confidence survey results are due. Economists forecast the economic sentiment index to fall sharply to 39.7 in August from 52.7 in the previous month.
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UK GDP Rises More Than Expected
The UK economy expanded more than expected in the second quarter but the overall growth softened as US frontloading propelled growth at the start of the year. Gross domestic product expanded 0.3 percent in the second quarter largely driven by growth in the service sector, the Office for National Statistics reported Thursday.
Although the rate was stronger than the expected growth of 0.1 pe
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30 phút trước
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Thursday morning, reacting to data showing a bigger than expected increase in U.S. producer price index, and mixed batch of earnings data from Canada. Oil prices are up, while metals are exhibiting weakness.
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1h 1phút trước
S&P Sees Limited Impact From U.S. Tariffs On Indian Economy, Raises Ratings
S&P Global Ratings upgraded India's sovereign ratings on Thursday citing a buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment, while the higher tariffs from the U.S. administration is estimated to have only limited impact on the economy. India's sovereign credit ratings were raised to 'BBB' from 'BBB-', with a 'stable' outlook.
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1h 4phút trước
U.S. Producer Prices Jump Much More Than Expected In July
Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday.
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1h 15phút trước
U.S. Weekly Jobless Claims Unexpectedly Edge Modestly Lower
The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 9th.
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1h 21phút trước
Pound Rises On Upbeat U.K. GDP Data
The British pound strengthened against most major currencies in the European session on Thursday, as the U.K. economy rebounded at a faster-than-expected pace in June.
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2h 34phút trước
Deere Stock Drops On Revised FY25 Outlook, Even As Q3 Beats Street
Deere & Co. shares were losing around 8 percent in the pre-market activity on the NYSE, after the firm on Thursday trimmed the higher end of its fiscal 2025 profit outlook range after reporting weak results in its third quarter. The farm and construction equipment manufacturer noted that its customers remain cautious amid ongoing uncertainty. Meanwhile, quarterly earnings per share and top line be
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2h 50phút trước
FTSE Down Marginally As Stocks Turn In Mixed Performance
After posting gains in the previous three sessions, the U.K. market is exhibiting some weakness on Thursday, weighed down by losses in select mining, financials and energy stocks. Investors digesting the latest batch of earnings news and economic data.
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3h 0phút trước
