European Economic News Preview: France Foreign Trade Data Due
(RTTNews) - Foreign trade data from France and industrial production from Italy are due on Friday, headlining a light day for the European economic news.
At 2.45 am ET, France's customs office is slated to publish external trade data for September. The trade deficit is forecast to narrow to EUR 7.0 billion from EUR 7.4 billion in August.
At 4.00 am ET, Italy's ISTAT publishes industrial output data for September. Production is expected to fall 0.4 percent on month, in contrast to the 0.1 percent rise in August.
At 6.00 am ET, retail sales data is due from Italy. Economists forecast sales to grow 0.2 percent on month in September, reversing a 0.5 percent fall in the previous month.
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Sensex, Nifty End Marginally Lower
Indian shares moved in a narrow range before finishing marginally lower on Friday after a busy week of central bank meetings and Donald Trump's victory in the U.S. presidential election.
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5h 24min atrás
Richemont H1 Profit Hits On Weak China Demand; Stock Dips
Shares of Compagnie Financiere Richemont AG were losing around 4 percent in the morning trading in Switzerland after the Swiss luxury goods group reported Friday sharply lower profit in its first half with wider loss from discontinued operations as well as slightly lower sales. Weak demand in Asia Pacific, mainly China, offset improved performance in all other regions.
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6h 11min atrás
European Shares Slide As China Approves $838bn Debt Swap
European stocks drifted lower on Friday as China's top legislative body - the National People's Congress (NPC) - approved the State Council's proposal to increase local government debt limit by $838 billion after a week-long session.
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6h 19min atrás
FTSE 100 Drifts Lower In Lackluster Trade
U.K. stocks were subdued on Friday, a day after the Bank of England cut interest rates as expected but signaled stickier inflation.
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6h 32min atrás
CAC 40 Edges Lower As Investors React To China's Stimulus Announcement
French stocks were little changed on Friday as China's top legislative body - the National People's Congress (NPC) - approved the State Council's proposal to increase local government debt limit by $839 billion after a week-long session.
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6h 43min atrás
DAX Little Changed With German Politics In Focus
German stocks were little changed on Friday after posting sharp gains in the previous session.
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6h 57min atrás
Asian Shares Mixed With China NPC Meeting In Focus
Asian stocks ended mixed on Friday after the Bank of England and the U.S. Federal Reserve cut interest rates by a quarter point.
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7h 14min atrás
Yen Rises After Fed Rate Cut
The Japanese yen strengthened against other major currencies in the Asian session on Friday, after the U.S. Fed delivered the widely expected decision to lower interest rates by a quarter point and signaled no intention to skip cutting rates. The Bank of England also cut interest rates.
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8h 13min atrás
