European Economic News Preview: Eurozone Unemployment Data Due
(RTTNews) - Unemployment from the euro area and Spain are the top economic news due on Tuesday, headlining a light day for the European economic news.
At 3.00 am ET, Spain's labor agency publishes monthly unemployment data for February. The number of unemployed is expected to rise to 45,200 from 38,700 in the previous month.
At 4.00 am ET, Italy's statistical office ISTAT releases unemployment rate for January. Economists forecast the jobless rate to remain unchanged at 6.2 percent.
At 5.00 am ET, Eurozone unemployment data is due. The jobless rate is seen at 6.3 percent in January, unchanged from December.
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CAC 40 Drifts Lower On Trade War Concerns; Thales Rises Sharply On Results
French stocks are down firmly in negative territory Tuesday morning, with new U.S. tariffs on Canada, Mexico and China, and U.S. President Donald Trump's threat that he will impose reciprocal tariffs from early April, hurting sentiment.
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hace 5h 25min
Sensex, Nifty End With Modest Losses; IT And Auto Stocks Drag
Indian shares ended slightly lower on Tuesday amid concerns that U.S. President Donald Trump's "tariffs on steroids" agenda may keep inflation higher and could tip the global economy into recession.
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hace 5h 37min
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Tuesday.
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hace 5h 39min
Dax Down 2% As Stocks Tumble On Trade War Concerns
A day after hitting record highs, German stocks are deep down in negative territory Tuesday morning amid rising worries about a global trade war and its impact on growth, as new U.S. tariffs on Mexico, Canada and China become effective today.
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hace 5h 54min
European Shares Slide As Trade War Begins
European stocks declined on Tuesday, after having hit a record high in the previous session led by defense-related stocks.
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hace 7h 3min
Asian Shares Fall As New US Tariffs Take Effect
Asian stocks ended mostly lower on Tuesday as fresh U.S. tariffs came into effect.
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hace 7h 33min
RBA Cautious About Further Easing, Minutes Show
The Reserve Bank of Australia is cautious about lowering the benchmark interest rate further and the decision to cut the rate in February does not mean that the bank is committed to cut again at coming meetings. At the February meeting, the bank had reduced the interest rate for the first time since 2020. The rate was lowered by 25 basis points to 4.10 percent.
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hace 8h 4min
Antipodean Currencies Slide On Trump Tariff Threat
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Tuesday, amid concerns about the economic impact after U.S. President Donald Trump confirmed the 25% tariffs on Canada and Mexico as well as the additional 10 percent tariff on China will take effect Tuesday. The reciprocal tariffs on other U.S. trade partners will be imposed on April 2.
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hace 8h 44min
