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European Economic News Preview: Germany Industrial Output Data Due
(RTTNews) - Industrial production from Germany and investor confidence from the euro area are the top economic news due on Monday.
At 2.00 am ET, Destatis is scheduled to issue Germany's industrial output for March. Economists forecast industrial production to fall 1.3 percent on a monthly basis, following a 2 percent rise in February.
In the meantime, foreign trade data from Finland and manufacturing output from Denmark are due.
At 4.30 am ET, Eurozone Sentix investor confidence survey results are due. The economic sentiment index is expected to improve to -8.0 in May from -8.7 in April.
At 5.00 am ET, foreign trade figures are due from Greece.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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Dr. Reddy's Labs Recalls Levetiracetam In Sodium Chloride Injection
Dr. Reddy's Laboratories Ltd. is recalling Levetiracetam in 0.75% Sodium Chloride Injection in the United States citing mislabeling of infusion bag, according to the U.S. Food and Drug Administration. The recall involves one Batch/Lot No: A1540076 of Levetiracetam in 0.75% Sodium Chloride Injection, 1,000 mg/100 mL (10 mg/mL) single-dose infusion bags to the consumer level.
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