European Economic News Preview: German GfK Consumer Confidence Due

RTTNews | 9h 26min ago
Stocktwits
European Economic News Preview: German GfK Consumer Confidence Due

(RTTNews) - Consumer confidence survey results from Germany and France are the top economic news due on Wednesday.

At 2.00 am ET, the market research group GfK releases Germany's consumer sentiment survey results. The forward-looking consumer sentiment index is forecast to improve to -21.6 in March from -22.4 in February.

In the meantime, producer price data is due from Sweden.

At 2.30 am ET, the Hungarian Central Statistical Office is scheduled to release final foreign trade data for December.

At 2.45 am ET, France's statistical office INSEE publishes consumer confidence survey data. The sentiment index is expected to rise to 93 in February from 92 in January.

At 3.00 am ET, producer price data for January is due from Spain. Producer prices had advanced 2.3 percent annually in December.

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FTSE 100 Advances; Convatec Rises On Strong Earnings

FTSE 100 Advances; Convatec Rises On Strong Earnings

U.K. stocks are notably higher Wednesday morning, lifted by gains in mining and banking sectors. Slightly easing concerns over U.S. - Ukraine tensions after the two countries agreed on a minerals deal aid sentiment. While mining stocks are up on firm copper prices, bank stocks are gaining thanks to some rating upgrades.
RTTNews | 5h 18min ago
CAC 40 Up Nearly 1%

CAC 40 Up Nearly 1%

French stocks are up in positive territory Wednesday morning with markets reacting positively news about U.S. and Ukraine agreeing on a minerals deal, which could help ease ongoing tensions between the two countries. Investors are also digesting some earnings updates.
RTTNews | 6h 14min ago
DAX Rises 1.2% As Investors React To Quarterly Earnings

DAX Rises 1.2% As Investors React To Quarterly Earnings

Despite concerns about the impact of U.S. President Donald Trump's trade policies, German stocks are up firmly in positive territory Wednesday morning with investors reacting to quarterly earnings updates and news about Ukraine accepting an agreement on mineral rights with the U.S.
RTTNews | 6h 37min ago
Canadian Dollar Falls As Oil Prices Slide, U.S. Tariff Threats

Canadian Dollar Falls As Oil Prices Slide, U.S. Tariff Threats

The Canadian dollar weakened against other major currencies in the Asian session on Wednesday amid crude oil prices slide, as concerns about demand and oversupply in the market weighed and pushed the commodity's prices to the lowest level in about 11 weeks.
RTTNews | 9h 5min ago
Australia Inflation Steady At 2.5%

Australia Inflation Steady At 2.5%

Australia's consumer price inflation unexpectedly remained unchanged in January supporting the case for further monetary policy easing. The consumer price index registered a steady growth of 2.5 percent in January, data from the Australian Bureau of Statistics showed on Wednesday. Prices were expected to climb 2.6 percent.
RTTNews | 10h 4min ago
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