European Economic News Preview: Eurozone Retail Sales Data Due

RTTNews | 721 days ago
European Economic News Preview: Eurozone Retail Sales Data Due

(RTTNews) - Retail sales and Sentix investor confidence from the euro area are the top economic news due on Monday.

At 2.30 am ET, the Federal Statistical Office releases Swiss consumer prices for February. Economists forecast inflation to slow to 3.1 percent from 3.3 percent in January.

At 3.30 am ET, S&P Global Publishes Germany's construction Purchasing Managers' survey results for February.

At 4.30 am ET, UK S&P/CIPS construction PMI data is due. Economists forecast the index to rise to 49.1 in February from 48.4 in the previous month.

In the meantime, Eurozone Sentix investor confidence survey results are due. The investor sentiment index is seen at -6.3 in March versus -8.0 in February.

At 5.00 am ET, Eurostat is scheduled to publish euro area retail sales for January. Economists forecast sales to grow 1.0 percent on month, reversing a 2.7 percent fall in December.

read more
Canadian Market Modestly Higher In Cautious Trade

Canadian Market Modestly Higher In Cautious Trade

The Canadian market is up in positive territory Monday afternoon, lifted by gains in consumer discretionary, consumer staples and communications sectors. The mood remains cautious amid tariff concerns and uncertainty about the outlook for interest rates and global economic growth.
RTTNews | 5h 38min ago
Swiss Market Ends Slightly Up

Swiss Market Ends Slightly Up

Despite spending much of the day's session in positive territory, the Switzerland market closed just marginally up on Monday, as stocks pared gains past noon and even fell into negative territory in the final hour.
RTTNews | 6h 27min ago
European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Monday with investors reacting to the results of German federal election, and digesting euro area inflation data. Among the major markets, the UK ended flat and France closed notably lower, while the German market closed on a firm note.
RTTNews | 6h 47min ago
Bay Street Seen Opening Slightly Higher

Bay Street Seen Opening Slightly Higher

Canadian shares may open slightly higher Monday morning with metal stocks seeing some buying early on in the session. With no big economic release due for the day and not many companies to release earnings updates, trading may be a bit lackluster at times.
RTTNews | 11h 7min ago
German Business Confidence Remains Unchanged

German Business Confidence Remains Unchanged

German business morale remained unchanged in February as companies were less satisfied with current situation, while expectations improved moderately amid the federal elections, survey results from the ifo Institute showed on Monday. The ifo business climate index registered 85.2 in February, the same as in January. The score was forecast to rise to 85.9.
RTTNews | 13h 41min ago