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European Economics Preview: Germany ZEW Economic Confidence Data Due
(RTTNews) - Economic confidence data from Germany is the only major report due on Tuesday, headlining a light day for the European economic news.
At 2.00 am ET, consumer prices from Romania and producer prices from Lithuania are due. Romania's inflation is seen at 15.1 percent in June versus 14.5 percent in May.
At 5.00 am ET, Germany ZEW economic confidence survey results are due. The sentiment index is forecast to fall to -38.3 in July from -28.0 in June.
At 6.00 am ET, consumer price data is due from Portugal.
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U.S. Dollar Weakens After Soft PPI Data
The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as soft producer inflation data for May raised hopes of a rate cut by the Federal Reserve.
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3h 23phút trước
Canadian Market Up Slightly In Cautious Trade
After a flat start and a subsequent drop, the Canadian market moved into positive territory Thursday morning, led by gains in materials and communications sectors.
The mood remains cautious amid uncertainty about U.S.-China trade deal and easing prospects of he European Union arriving at a pact with the U.S. before the July 8 deadline. Middle East tensions also weigh on sentiment.
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5h 6phút trước
U.S. Producer Prices Inch Up 0.1% In May, Less Than Expected
After reporting an unexpected decrease by U.S. producer prices in the previous month, the Labor Department released a report Thursday showing producer prices crept slightly higher in the month of May. The Labor Department said its producer price index for final demand inched up by 0.1 percent after slipping by a revised 0.2 percent in April.
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7h 54phút trước
U.S. Weekly Jobless Claims Unexpectedly Unchanged At Eight-Month High
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in flat in the week ended June 7th. The report said initial jobless claims in at 248,000, unchanged from the previous week's revised level. Economists had expected jobless claims to dip to 240,000 from the 247,000 originally reported for the previous week.
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7h 57phút trước
Bay Street Likely To Open On Negative Note
Canadian shares are likely to open with a negative bias on Thursday as trade concerns, and Middle East tensions may weigh on sentiment.
A lack of specifics in the framework agreed to by U.S. and Chinese officials on Tuesday has raised uncertainty about the two nations reaching an agreement anytime soon.
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8h 40phút trước
U.S. Producer Prices Inch Up Less Than Expected In May
After reporting an unexpected decrease by U.S. producer prices in the previous month, the Labor Department released a report Thursday showing producer prices crept slightly higher in the month of May.
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9h 7phút trước
U.S. Weekly Jobless Claims Unchanged At 248,000
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in flat in the week ended June 7th.
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9h 13phút trước
Boeing Shares Hit After 787-8 Dreamliner With 242 Onboard Crashes In India
Boeing Co. shares are currently down around 8 percent in the pre-market activity on the NYSE after an Air India aircraft headed to London with 242 people onboard crashed immediately after take-off in the Indian city of Ahmedabad. The plane, a Boeing 787-8 Dreamliner headed to Gatwick Airport in the UK, crashed in a civilian area near the Sardar Vallabhbhai Patel International Airport.
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9h 26phút trước
