European Economic News Preview: Germany Inflation Data Due
(RTTNews) - Consumer prices data from Germany is the top economic news due on Thursday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis releases Germany's provisional consumer prices data for January. Economists expect consumer price inflation to rise to 8.9 percent in January from 8.6 percent in December.
In the meantime, foreign trade figures are due from Romania.
At 3.30 am ET, Sweden's central bank announces its interest rate decision. The bank is widely expected to raise its key rate by 50 basis points to 3.00 percent.
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Eurozone Industrial Output Falls More Than Expected
Eurozone industrial production registered a bigger-than-expected decline in December on sharp falls in capital a
Industrial output fell 1.1 percent in December from November. The fall was deeper than the forecast of 0.6 percent also reversed the 0.4 percent increase in November. Among major industrial groupings, only non-durable consumer goods and energy production improved from the last month.
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5h 4min ago
Sensex, Nifty Give Up Early Gains
Indian shares erased early gains to end on a flat note Thursday due to prevailing uncertainty over U.S. President Donald Trump's plans for reciprocal tariffs and amid the weekly F&O expiry.
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5h 6min ago
FTSE Drifts Lower Despite Fairly Decent Economic Data
Despite some encouraging economic data, the U.K. market is down in negative territory Thursday morning as investors react cautiously to mixed earnings updates.
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5h 9min ago
CAC 40 Rises To 9-month High As Investors React To Earnings
Despite lingering concerns about fresh U.S. tariffs and global growth outlook, French stocks are notably higher Thursday morning with investors reacting to quarterly earnings updates and betting on more monetary easing by the European Central Bank.
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5h 42min ago
Philippine Central Bank Unexpectedly Retains Policy Rates
The Philippine central bank unexpectedly left its interest rates unchanged after cutting it for three straight times amid heightened uncertainty over US trade policy. The Monetary Board of the Bangko Sentral ng Pilipinas decided to hold the target reverse repurchase rate at 5.75 percent. The interest rates on the overnight deposit and lending facilities were kept unchanged.
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5h 54min ago
European Shares Mixed; FTSE 100 Dips As Pound Jumps On Upbeat GDP Data
European stocks were broadly higher on Thursday amid improving prospects for a peace settlement in Russia-Ukraine war.
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6h 1min ago
Dax Holds Firm After Hitting Fresh Record High
German stocks are up in positive territory, extending gains to a fourth straight session, as investors continue to shrug off trade war concerns and stay focused on earnings and other corporate developments.
Data showing a moderation in the nation's consumer price inflation is also aiding sentiment.
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6h 8min ago
Pound Rises After Upbeat U.K. GDP Data
The British pound strengthened against other major currencies in the European session on Thursday, after the U.K. economy expanded unexpectedly in the fourth quarter, underpinned by services and construction output.
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6h 10min ago
