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European Economics Preview: France Consumer Confidence Data Due
(RTTNews) - Consumer confidence survey data from France is due on Wednesday, headlining a light day for the European economic news.
At 2.45 am ET, the French statistical office Insee publishes consumer sentiment survey results for October. The consumer confidence index is forecast to fall to 77 from 79 in September.
At 4.00 am ET, the European Central Bank is slated to release monetary aggregates for September. Eurozone M3 money supply is forecast to rise 6.1 percent on a yearly basis, the same rate as seen in August.
In the meantime, Italy's Istat is slated to release non-EU trade data for September.
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Bay Street Looks Headed For Another Weak Session
Except the yellow metal, which is up marginally, nothing else is moving up on Friday.
Asian stocks tumbled, European stocks are plunging sharply and oil prices are plummeting as well, as U.S. President Donald Trump's sweeping "reciprocal tariffs" announcement has triggered fears of a strong retaliation by some major trading partners and possibility of a global recession.
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FTSE 100 Sinks 4.3% To Near Three-month Low
U.K. stocks are falling sharply, sending the benchmark FTSE 100 to a near three-month lows, as investors continue to exit counters amid rising fears of a wide-ranging trade war and a global recession following U.S. President Donald Trump's sweeping "reciprocal tariff" plans.
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CAC 40 Tumbles More Than 4% On All-round Selling
French stocks are down sharply in the red on Friday, extending losses from the previous session, amid rising concerns about growth following U.S. President Donald Trump's sweeping "reciprocal tariffs" announcement earlier in the week.
Trump's moves prompted several European leaders to warn of retaliatory measures. French President Macro called on companies to suspend planned investment in the U.S
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Sensex Tumbles 930 Points Amid Global Selloff; Nifty Nears 22,900
Indian shares fell sharply on Friday as U.S. President Donald Trump's broad tariff announcements stoked fears about the outlook for inflation and global growth.
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Pound Falls As European Shares Extend Losses On Growth Worries
The British pound weakened against other major currencies in the European session on Friday, as European shares traded lower, extending steep losses from the previous session after U.S. President Donald Trump announced significantly harsher-than-expected tariffs.
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DAX Down 2.2% As Stocks Extend Recent Plunge
After suffering its worst setback in about eight months on Thursday, the German market is deep down in negative territory again with stocks reeling under a fresh bout of selling pressure on Friday amid concerns about growth following U.S. President Donald Trump's tariff moves.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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European Shares Extend Losses On Growth Worries
European shares traded lower on Friday, extending steep losses from the previous session after U.S. President Donald Trump announced significantly harsher-than-expected tariffs.
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hace 7h 25min
