European Economic News Preview: Germany Flash Inflation, Unemployment Due

RTTNews | 764 days ago
European Economic News Preview: Germany Flash Inflation, Unemployment Due

(RTTNews) - Flash inflation and unemployment data from Germany and final manufacturing Purchasing Managers' survey results from the UK are the top economic news due on Tuesday.

At 3.30 am ET, Swiss manufacturing PMI survey data is due. The PMI is expected to fall to 53.3 in December from 53.9 in the previous month.

At 3.55 am ET, the Federal Labor Agency publishes Germany unemployment figures for December. The jobless rate is seen unchanged at 5.6 percent. At 4.30 am ET, UK S&P/CIPS manufacturing PMI survey results are due. Economists forecast the PMI to fall to 44.7 in December from 46.5 in November.

At 8.00 am ET, Destatis publishes Germany's flash consumer and harmonized prices for December. Consumer price inflation is forecast to ease to 9.1 percent from 10.0 percent in November.

read more
Eurozone Private Sector Expands For First Time In Five Months

Eurozone Private Sector Expands For First Time In Five Months

Eurozone private sector expanded for the first time in five months in January as factory production showed a slower decline amid a softer growth in services activity, final survey results from S&P Global showed on Wednesday. The HCOB composite output index rose to 50.2 in January, in line with flash estimate, from 49.6 in December.
RTTNews | 5h 12min ago
CAC 40 Modestly Lower In Cautious Trade

CAC 40 Modestly Lower In Cautious Trade

French stocks are moving in a narrow range in cautious trades Wednesday morning amid lingering uncertainty about the Trump administration's trade policies.
RTTNews | 5h 17min ago
Sensex, Nifty End Modestly Lower After Tuesday's Rally

Sensex, Nifty End Modestly Lower After Tuesday's Rally

Indian shares ended slightly lower on Wednesday after rallying sharply the previous day on easing tariff concerns and expectations of a rate cut by the RBI later this week, which will be the first RBI policy under the new Governor Sanjay Malhotra.
RTTNews | 5h 30min ago
DAX Down Nearly 0.5%

DAX Down Nearly 0.5%

German stocks are down in negative territory Wednesday morning, with shares from the auto sector losing ground, as worries about a trade war continue to weigh on sentiment despite the U.S. government agreeing to delay the imposition of new tariffs on Mexico and Canada by 30 days.
RTTNews | 5h 47min ago
Asian Shares Mixed As Tariff Worries Persist

Asian Shares Mixed As Tariff Worries Persist

Asian shares ended mixed on Wednesday as tariff worries persisted, and a private survey showed China's services activity expanded at a slower pace in January.
RTTNews | 7h 12min ago