European Economic News Preview: Eurozone Flash PMI Data Due

RTTNews | 35天前
European Economic News Preview: Eurozone Flash PMI Data Due

(RTTNews) - Flash composite Purchasing Managers' survey from the euro area and the UK are the top economic news due on Wednesday.

At 2.00 am ET, the Office for National Statistics releases UK public sector finance data for March. The budget deficit is seen at GBP 15.4 billion compared to GBP 10.7 billion in February.

At 3.15 am ET, S&P Global publishes France's flash composite PMI survey data. Economists forecast the composite index to fall to 47.8 in April from 48.0 in March.

At 3.30 am ET, flash PMI survey results are due from Germany. The composite index is seen at 50.4 in April, down from 51.3 in March.

At 4.00 am ET, S&P Global publishes euro area flash PMI survey data. The composite output index is expected to drop to 50.3 in April from 50.9 in March.

At 4.30 am ET, UK S&P Global flash PMI data is due. Economists forecast the index to decline to 50.4 in April from 51.5 a month ago.

At 5.00 am ET, Eurostat publishes foreign trade and construction output figures for February.

read more
FTSE 100 Down Marginally

FTSE 100 Down Marginally

UK stocks are marginally down in lackluster trade on Wednesday as investors look for directional clues after recent gains following U.S. President Donald Trump deciding to pause the recently announced 50% tariffs on imports from EU, paving the way for further trade negotiations.
RTTNews | 12分钟前
German Unemployment Rises More Than Expected

German Unemployment Rises More Than Expected

Joblessness in Germany increased more than expected in May as a weak economy continued to impede job creation, official data revealed on Wednesday. The number of unemployed increased sharply by 34,000 in May compared to April's rise of 6,000, the Federal Employment Agency said. Economists expected a monthly increase of 12,000.
RTTNews | 16分钟前
CAC 40 Down Marginally In Lackluster Trade

CAC 40 Down Marginally In Lackluster Trade

French stocks are moving in a tight range in cautious trade on Wednesday as investors digest a slew of domestic economic reports, and continue to assess the impact of Trump administration's trade policy on global economic growth.
RTTNews | 1小时25分钟前
DAX Modestly Lower In Cautious Trade

DAX Modestly Lower In Cautious Trade

German stocks are modestly lower on Wednesday with investors mostly making cautious moves, looking for directional clues after recent gains on the back of U.S. President Donald Trump's decision to pause tariffs on EU goods till July 9th.
RTTNews | 1小时53分钟前
France GDP Growth Confirmed At 0.1%

France GDP Growth Confirmed At 0.1%

The French economy recovered in the first quarter, as initially estimated, the statistical office INSEE reported Wednesday. Gross domestic product grew 0.1 percent from the fourth quarter, when the economy shrank 0.1 percent.
RTTNews | 2小时35分钟前