European Economic News Preview: Eurozone Flash Inflation, Final Factory PMI Due

U.S. Construction Spending Unexpectedly Dips 0.2% In January

Construction spending in the U.S. unexpectedly edged modestly lower in the month of January, according to a report released by the Commerce Department on Monday. The Commerce Department said construction spending slipped by 0.2 percent to an annual rate of $2.193 trillion in January after climbing by 0.5 percent to a revised rate of $2.196 trillion in December.

RTTNews | 6h 39min ago

U.S. Manufacturing Index Edges Lower But Still Indicates Modest Growth In February

A report released by the Institute for Supply Management on Monday showed its reading on U.S. manufacturing edged slightly lower in February, although the index still indicated growth in the sector for the second straight month. The ISM said its manufacturing PMI slipped to 50.3 in February after rising to 50.9 in January, but a reading above 50 still indicates growth.

RTTNews | 6h 45min ago

Bay Street Likely To Open On Firm Note

Canadian shares are likely to open on a firm note Monday morning, tracking gains in European markets, and higher commodity prices. Worries about new tariffs by U.S. effective Tuesday could weigh and limit market's upside.

RTTNews | 8h 23min ago

Dollar Climbs Amidst Trade And Geopolitical Jitters

Trade tariff turbulence and uncertainty about peace in Ukraine lifted the Dollar Index during the week ended February 28.

RTTNews | 8h 31min ago

Eurozone Inflation Slows To 2.4%

Eurozone inflation eased slightly in February partly reflecting the slowdown in services inflation but the rate remained above 2 percent, flash data from Eurostat showed on Monday. The harmonized index of consumer prices logged an annual growth of 2.4 percent after rising 2.5 percent in January. The rate was expected to ease to 2.3 percent.

RTTNews | 8h 59min ago

UK Mortgage Lending Strongest Since 2022, Approvals Fall Slightly

Mortgage borrowing of British homebuyers hit the highest since September 2022, while home loan approvals decreased slightly in January ahead of the stamp duty changes in April, figures from the Bank of England showed on Monday. Mortgage lending increased GBP 0.9 billion to GBP 4.2 billion in January, which was the highest since September 2022.

RTTNews | 9h 12min ago

FTSE 100 Advances; Bunzl Down 7% On Weak Earnings

U.K. stocks are modestly higher on Monday with the benchmark FTSE 100 hovering near record highs, led by gains defense shares like in most of the major markets across Europe, on prospects of increased spending on defense.

RTTNews | 9h 57min ago

Eurozone Factory Activity Slump Eases

Eurozone manufacturing sector remained in contraction in February, but the downturn was the least marked since early 2023, final survey results from S&P Global showed on Monday. The HCOB manufacturing Purchasing Managers' Index rose to a 24-month high of 47.6 in February from 46.6 in January. The flash reading was 47.3. The score signaled the smallest deterioration since early-2023

RTTNews | 9h 59min ago

EURUSD	1.04962	GBPUSD	1.27125	AUDUSD	0.62485
USDJPY	150.203	USDCAD	1.43981	USDCHF	0.89706