European Economic News Preview: UK Factory PMI Data Due
(RTTNews) - Factory Purchasing Managers' survey results and house prices from the UK are due on Friday, headlining a light day for the European economic news.
At 3.00 am ET, the UK Nationwide house price data is due. House prices are forecast to grow 2.8 percent annually in October after rising 3.2 percent in September.
At 3.30 am ET, consumer prices and retail sales are due from Switzerland. Consumer price inflation is seen unchanged at 0.8 percent in October.
At 5.30 am ET, S&P Global is slated to publish UK final manufacturing Purchasing Managers' survey data. The final PMI is seen at a 6-month low of 50.3, in line with flash estimate, and down from 51.5 in September.
read more
UK House Prices Rise Most Since 2020: Rightmove
UK house prices increased the most since 2020 and new sellers coming to the market hit a record in January, data from the property website Rightmove showed on Monday. Average house prices increased 1.7 percent in January from a month ago, marking the largest jump in prices at the start of the year since 2020. This follows a 1.7 percent fall in December.
RTTNews
|
hace 5h 47min
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Monday.
RTTNews
|
hace 6h 22min
Sensex, Nifty End Higher Before Trump Inauguration
Indian shares rose notably on Monday as investors cheered positive global cues and encouraging earnings updates from the likes of Wipro and Kotak Mahindra Bank.
RTTNews
|
hace 6h 33min
FTSE 100 Up Slightly As Miners Move Higher
U.K. stocks are slightly higher Monday morning, led by gains in mining and retails sectors. The mood is largely cautious with investors awaiting the inauguration of U.S. President Donal Trump later in the day.
RTTNews
|
hace 6h 40min
CAC 40 Slightly Higher In Cautious Trade As Market Looks For Directional Clues
French stocks moving in a tight band Monday morning, with investors largely making cautious moves, looking ahead to Donald Trump's swearing-in as U.S. President. The focus is on Trump's speech for clues about potential tariffs, and the possible impact they could have on global trade.
RTTNews
|
hace 7h 4min
European Shares Mostly Higher In Cautious Trade
European stocks were flat to slightly higher on Monday as investors braced for Donald Trump's inauguration as U.S. president later in the day.
RTTNews
|
hace 7h 59min
TikTok Restores Services In US With Trump's Support
Social media platform TikTok, which had decided to disable services in the United States following the U.S. Supreme Court's decision to upheld a ban, began restoring its services on Sunday after President-elect Donald Trump announced his support. The U.S. Supreme Court on Friday had upheld the Protecting Americans from Foreign Adversary Controlled Applications Act, which was signed into law
RTTNews
|
hace 8h 9min
Japan Core Machinery Orders Growth Accelerates
Japan's core machinery orders growth accelerated in November, reflecting an increase in capital expenditure, official data revealed Monday. Core machinery orders increased 3.4 percent on a monthly basis, faster than the 2.1 percent increase in October, data from the Cabinet Office showed on Monday. Moreover, this was the second consecutive increase and confounded expectations for a decline.
RTTNews
|
hace 8h 17min
