European Economic News Preview: German Ifo Business Confidence Data Due
(RTTNews) - Business sentiment from Germany and final inflation from the euro area are the top economic news due on Monday.
At 2.00 am ET, capacity utilization figures are due from Turkey.
At 4.00 am ET, the ifo Institute is scheduled to issue Germany's business confidence survey results. The business climate index is forecast to rise to 85.9 in February from 85.1 in January.
In the meantime, retail sales data is due from Poland.
At 5.00 am ET, Eurostat releases euro area final inflation data for January. Final inflation is expected to rise to 2.5 percent, in line with the flash estimate, from 2.4 percent in December. Core inflation is seen unchanged at 2.7 percent.
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German Business Confidence Remains Unchanged
German business morale remained unchanged in February as companies were less satisfied with current situation, while expectations improved moderately amid the federal elections, survey results from the ifo Institute showed on Monday. The ifo business climate index registered 85.2 in February, the same as in January. The score was forecast to rise to 85.9.
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6g 12 minut temu
UK Stocks Turning In Mixed Performance; FTSE 100 Modestly Higher
U.K. stocks are modestly higher Monday morning, led by gains in defense shares amid expectations of increased government spending for the sector.
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6g 31 minut temu
Sensex, Nifty Tumble; IT Stocks Hit Hard On Tariff Concerns
Indian shares tumbled on Monday, with export-oriented IT stocks coming under heavy selling pressure as weak U.S. economic data rekindled growth worries and U.S. President Donald Trump reiterated that his administration would impose reciprocal tariffs "soon" on countries like India and China.
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6g 51 minut temu
CAC 40 Recovers From Early Setback, Down Marginally
After a slightly weak start and a subsequent drop to lower levels, French stocks regained some lost ground Monday morning. The mood remains cautious amid a lack of positive triggers.
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7g 2 minut temu
DAX Rises 0.8% As Investors React To Federal Election Results
German stocks are up firmly in positive territory Monday morning with investors digesting the results of the nation's general election, which saw the Christian Democratic Union of Germany (CDU) emerging victorious.
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7g 19 minut temu
U.S. Dollar Falls Amid Prospect Of Fed Rate Cuts
The U.S. dollar weakened against other major currencies in the Asian session on Monday, as the disappointing U.S. economic data kept the prospect of interest rate cuts by the Federal Reserve (Fed) intact this year.
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7g 24 minut temu
European Shares Subdued; DAX Gains After German Vote Outcome
European stocks were broadly lower on Monday while the euro strengthened amid optimism over German election results.
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8g 12 minut temu
Asian Shares Decline After Weak US Data
Asian stocks ended mostly lower on Monday as weak U.S. economic data rekindled growth worries and U.S. President Donald Trump reiterated that his administration would impose reciprocal tariffs "soon" on countries like India and China.
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8g 39 minut temu
