European Economic News Preview: Germany Ifo Business Confidence Due

RTTNews | Před 745 dny
European Economic News Preview: Germany Ifo Business Confidence Due

(RTTNews) - Business sentiment from Germany and producer prices from the UK are the top economic news due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics is scheduled to issue UK producer prices for December. Output price inflation is forecast to rise to 16.4 percent from 14.8 percent in November. Input price inflation is seen at 18.0 percent versus 19.2 percent in the previous month.

At 3.00 am ET, Spain producer price figures are due. In the meantime, Italy's Istat publishes non-EU foreign trade data.

At 4.00 am ET, Germany's ifo Institute publishes monthly business confidence survey results for January. The business sentiment index is seen at 90.2, up from 88.6 in December.

read more
TSX Ends Weak As Communications, Tech Stocks Decline

TSX Ends Weak As Communications, Tech Stocks Decline

The Canadian market closed weak on Friday, weighed down by losses in communications, healthcare and technology sectors. Besides reacting to earnings updates, investors digested Canadian jobs data, and assessed the non-farm payroll data from the U.S. Labor Department as well.
RTTNews | Před 1 dnem
Dollar Rises Against Major Counterparts

Dollar Rises Against Major Counterparts

The U.S. dollar climbed higher on Friday as the Labor Department's non-farm payroll data raised bets the Federal Reserve will hold rates unchanged at its next meeting.
RTTNews | Před 1 dnem
U.S. Dollar Jumps After Jobs Data

U.S. Dollar Jumps After Jobs Data

The U.S. dollar firmed against its most major counterparts in the New York session on Friday, as the latest jobs data showed a drop in the unemployment rate and strong wage growth.
RTTNews | Před 1 dnem
European Stocks Close Lower After Cautious Session

European Stocks Close Lower After Cautious Session

European stocks closed lower on Friday with the mood turning cautious as investors assessed the latest batch of economic data from the U.S. and Europe, and reacted to a slew of earnings updates while awaiting clarity on the Trump administration's trade policies and tariff moves.
RTTNews | Před 1 dnem
Canadian Market Modestly Lower After Jobs Data

Canadian Market Modestly Lower After Jobs Data

The Canadian market is down in negative territory on Friday after data showing a drop in the nation's unemployment rate dimmed prospects of a rate cut by the Bank of Canada in March.
RTTNews | Před 1 dnem
U.S. Consumer Sentiment Unexpectedly Slumps In February As Inflation Expectations Surge

U.S. Consumer Sentiment Unexpectedly Slumps In February As Inflation Expectations Surge

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of February, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index slumped to 67.8 in February after rising to 71.1 in January. Economists had expected the index to inch up by to 72.0.
RTTNews | Před 1 dnem