European Economic News Preview: UK Retail Sales Data Due
(RTTNews) - Retail sales from the UK and final inflation from the euro area are the top economic news due on Friday.
At 2.00 am ET, the Office for National Statistics releases UK retail sales for December. Sales are forecast to grow 0.4 percent on month, following a 0.2 percent rise in November.
At 4.00 am ET, the European Central Bank is set to issue euro area current account data for November. The current account surplus is forecast to increase to EUR 28.0 billion from EUR 25.8 billion in October.
At 5.00 am ET, Eurostat is scheduled to release euro area final inflation data for December. The preliminary estimate showed that inflation rose to a five-month high of 2.4 percent from 2.2 percent in November.
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Swiss Stock Market Extends Win Streak To Four Sessions
The Swiss stick market was in the green from start to finish on Friday, rising optimism over the outlook for interest rates and extending recent gains.
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vor 6Std 15 Minuten
Swiss Franc Drops Against Most Majors
The Swiss franc fell against its most major counterparts in the New York session on Friday.
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vor 6Std 30 Minuten
Rate Cut Hopes Boost European Stock Markets
Optimism over interest rate cuts had traders in a happy mood on Friday as the major European stock markets finished solidly to the upside, extending recent gains.
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vor 6Std 52 Minuten
Japanese Yen Declines Against Majors
The Japanese yen weakened against its major counterparts in the New York session on Friday.
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vor 7Std 11 Minuten
U.S. Industrial Production Jumps In December As Utilities, Mining Output Surges
Industrial production in the U.S. increased by much more than expected in the month of December, according to a report released by the Federal Reserve on Friday. The Fed said industrial production jumped by 0.9 percent in December after rising by a revised 0.2 percent in November.
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vor 10Std 18 Minuten
U.S. Housing Starts Skyrocket To Ten-Month High In December
A report released by the Commerce Department on Friday showed new residential construction in the U.S. surged by much more than anticipated in the month of December. The Commerce Department said housing starts soared by 15.8 percent to an annual rate of 1.499 million in December after tumbling by 3.7 percent to a revised rate of 1.294 million in November.
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vor 11Std 11 Minuten
U.S. Industrial Production Jumps Much More Than Expected In December
Industrial production in the U.S. increased by much more than expected in the month of December, according to a report released by the Federal Reserve on Friday.
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vor 11Std 25 Minuten
U.S. Housing Starts Spike Much More Than Expected In December
A report released by the Commerce Department on Friday showed new residential construction in the U.S. skyrocketed by much more than anticipated in the month of December.
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vor 12Std 8 Minuten
