European Economics Preview: Germany Ifo Business Confidence Data Due
(RTTNews) - Business confidence survey data from Germany is due on Monday, headlining a light day for the European economic news.
At 1.00 am ET, Statistics Finland releases import price figures for August. Prices had advanced 32.5 percent annually in July.
At 3.00 am ET, the Czech Statistical Office is scheduled to issue business and consumer confidence survey results.
At 4.00 am ET, Germany's ifo business confidence survey data is due. The business sentiment index is expected to fall to 87.0 in September from 88.5 in the previous month.
read more
Australia Unemployment Data Due On Thursday
Australia will on Thursday release December figures for unemployment, highlighting a modest day for Asia-Pacific economic activity.
RTTNews
|
5h 28min atrás
Oil Futures Settle Sharply Higher On Inventory Drop, Supply Disruptions Concerns
Oil prices rose sharply on Wednesday as crude inventories in the U.S. dropped in the week ended January 10th. Possibility of supply disruptions due to new sanctions by the U.S. on Russia contributed as well to the rise in oil prices.
RTTNews
|
6h 45min atrás
TSX Up Nearly 1% As Interest Rate Concerns Drop
The Canadian market is up firmly in positive territory Wednesday afternoon as U.S. consumer price inflation data has raised hopes the Federal Reserve will lower interest rates in its next meeting, or in March 2025.
Technology, real estate, financials and healthcare stocks notably higher. A few stocks from consumer staples, industrials and materials sectors are also up, while shares from the rest
RTTNews
|
7h 51min atrás
Swiss Market Ends On Firm Note
After a weak start and a subsequent recovery, the Switzerland market suffered a mild setback around early afternoon on Wednesday, but recovered swiftly and climbed higher to end the day's session on a firm note.
Encouraging U.S. and UK consumer price inflation data aided sentiment.
RTTNews
|
9h 20min atrás
European Stocks Close On Firm Note On Encouraging Economic Data
European stocks closed higher on Wednesday as investors reacted to some encouraging economic data, including consumer price inflation data from the U.K. and the U.S.
The less than expected increase in U.S. consumer price inflation has raised hopes of rates cuts by the Federal Reserve.
RTTNews
|
9h 37min atrás
U.S. Dollar Falls As Core Inflation Slows
The U.S. dollar moved down against its major counterparts in the New York session on Wednesday, as core consumer inflation came in cooler than expected in December, supporting hopes of rate cuts by the Federal Reserve.
RTTNews
|
10h 13min atrás
New York Manufacturing Index Unexpectedly Indicates Contraction In January
New York manufacturing activity unexpectedly declined in the month of January, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index tumbled to a negative 12.6 in January from a positive 2.1 in December, with a negative reading indicating contraction.
RTTNews
|
13h 0min atrás
U.S. Annual Core Consumer Price Growth Unexpectedly Slows In December
While the Labor Department released a closely watched report on Wednesday showing U.S. consumer prices increased by slightly more than expected in the month of December, the report also showed an unexpected slowdown by the annual rate of core consumer price growth.
RTTNews
|
13h 15min atrás
