European Economic News Preview: UK Retail Sales Data Due
(RTTNews) - Retail sales from the UK and final inflation from the euro area are the top economic news due on Friday.
At 2.00 am ET, the Office for National Statistics releases UK retail sales for December. Sales are forecast to grow 0.4 percent on month, following a 0.2 percent rise in November.
At 4.00 am ET, the European Central Bank is set to issue euro area current account data for November. The current account surplus is forecast to increase to EUR 28.0 billion from EUR 25.8 billion in October.
At 5.00 am ET, Eurostat is scheduled to release euro area final inflation data for December. The preliminary estimate showed that inflation rose to a five-month high of 2.4 percent from 2.2 percent in November.
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5h 43min ago
U.S. Industrial Production Jumps Much More Than Expected In December
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A report released by the Commerce Department on Friday showed new residential construction in the U.S. skyrocketed by much more than anticipated in the month of December.
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6h 40min ago
UK Retail Sales Drop Unexpectedly On Weak Food Store Sales
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7h 21min ago
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Friday.
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9h 47min ago
Sensex, Nifty Snap Three-day Winning Streak
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10h 1min ago
Malaysia Economy Logs Slower Growth
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10h 45min ago
European Shares Extend Gains On Rate Cut Bets
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10h 51min ago
