European Economic News Preview: France Business Sentiment Data Due

RTTNews | 11h 13min ago
European Economic News Preview: France Business Sentiment Data Due

(RTTNews) - Business sentiment from France and Industrial Trends survey from the UK are the top economic news due on Thursday.

At 2.00 am ET, the Turkish Statistical Institute is scheduled to release consumer confidence survey results.

At 2.45 am ET, business sentiment survey data is due from France. The manufacturing confidence index is forecast to fall to 96 in January from 97 in December.

At 4.00 am ET, Norway's central bank announces its monetary policy decision. The bank is expected to hold its key rate at 4.50 percent.

At 6.00 am ET, the Confederation of British Industry releases Industrial Trends survey results. The order book balance is forecast to improve to -35 percent in three months to January.

In the meantime, Turkey's central bank is set to publish the outcome of its monetary policy meeting. Economists expect the bank to cut its interest rate sharply by 250 basis points today.

At 10.00 am ET, the European Commission releases flash euro area consumer confidence survey data. The sentiment index is seen rising to -14.0 in January from -14.5 in December.

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Turkey Central Bank Slashes Rate For Second Straight Time

Turkey Central Bank Slashes Rate For Second Straight Time

Turkey's central bank slashed its benchmark rate by 250 basis points for the second straight meeting on Thursday as inflation slowed more sharply towards the end of 2024. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, or CBRT, headed by Yasar Fatih Karahan decided to cut the policy rate to 45.0 percent from 47.5 percent.
RTTNews | 5h 16min ago
FTSE 100 Down Slightly In Lackluster Trade

FTSE 100 Down Slightly In Lackluster Trade

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RTTNews | 5h 47min ago
CAC 40 Recovers After Mild Setback

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After a slightly positive start and a subsequent drop into negative territory, French stocks are moving higher past mid morning on Thursday with a few frontline counters seeing some buying interest.
RTTNews | 6h 27min ago
DAX Modestly Higher In Cautious Trade

DAX Modestly Higher In Cautious Trade

German stocks are quite subdued Thursday morning, mirroring the trend across the region, as investors tread cautiously amid a lack of fresh catalysts. Worries about potential new tariffs by the Trump administration continue to weigh on investor sentiment.
RTTNews | 6h 57min ago
Norway Central Bank Holds Rate; Set To Loosen Policy In March

Norway Central Bank Holds Rate; Set To Loosen Policy In March

Norway's central bank left its key interest rate unchanged as widely expected on Thursday and reaffirmed that the rate will likely be reduced in March as rapid rise in business costs could stoke inflation ahead. The Monetary Policy and Financial Stability Committee of Norges Bank decided to hold the policy rate unchanged at 4.5 percent.
RTTNews | 6h 57min ago
Pound Drops Amid BoE Rate Cut Speculation

Pound Drops Amid BoE Rate Cut Speculation

The British pound weakened against other major currencies in the European session on Thursday, as traders anticipate an interest rate cut by the Bank of England (BoE) in February.
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Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Thursday.
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