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European Economic News Preview: Eurozone Final PMI, Investor Confidence Due

RTTNews | 197 dias atrás

European Economic News Preview: Eurozone Final PMI, Investor Confidence Due

(RTTNews) - Final composite Purchasing Managers' survey results, investor sentiment and producer prices from the euro area are the top economic news due on Monday.

At 3.15 am ET, Spain's services PMI survey results are due. Economists expect the services PMI to fall slightly to 56.0 in April from 56.1 in March.

At 3.45 am ET, composite PMI survey data is due from Italy. The index is expected to rise slightly to 54.7 in April from 54.6 in the previous month.

At 3.50 am ET, France's final composite PMI data is due. The final composite reading is seen at 49.9 in April, unchanged from the flash estimate.

At 3.55 am ET, final composite PMI survey data is due from Germany. The index is expected to match the flash reading of 50.5 in April.

At 4.00 am ET, Eurozone final PMI survey results are due. The final reading is seen at 51.4 in April, up from 50.3 in March.

At 4.30 am ET, Eurozone Sentix investor confidence survey data is due. Economists forecast the investor sentiment index to improve to -4.8 in May from -5.9 in April.

At 5.00 am ET, Eurozone producer price data is due. Producer prices are expected to fall 0.7 percent on month in March, following a 1.0 percent drop in February.

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U.S. Housing Starts Tumble 3.1% In October, More Than Expected

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New residential construction in the U.S. tumbled by more than expected in the month of October, according to a report released by the Commerce Department on Tuesday. The report said housing starts dove by 3.1 percent to an annual rate of 1.311 million in October after slumping by 1.9 percent to a revised rate of 1.353 million in September.

RTTNews | 6 h 49 min atrás

U.S. Housing Starts Tumble More Than Expected In October

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New residential construction in the U.S. tumbled by more than expected in the month of October, according to a report released by the Commerce Department on Tuesday.

RTTNews | 7 h 47 min atrás

Eurozone Inflation Rises To 2% As Estimated

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Eurozone inflation returned to the 2 percent target in October, final data from Eurostat showed on Tuesday. The harmonized index of consumer prices climbed as initially estimated in October after rising 1.7 percent in September. Core inflation that excludes prices of energy, food, alcohol and tobacco, remained unchanged at 2.7 percent in October.

RTTNews | 8 h 6 min atrás

Bay Street Seen Opening Lower On Geopolitical Concerns; Canadian Inflation Data In Focus

Bay Street Seen Opening Lower On Geopolitical Concerns; Canadian Inflation Data In Focus

Canadian shares look headed for a weak start on Tuesday amid rising geopolitical concerns after Russian President Vladimir Putin updated nuclear doctrine.

RTTNews | 8 h 31 min atrás

Euro Slides Against Majors

Euro Slides Against Majors

The euro weakened against other major currencies in the European session on Tuesday, as traders are worried that protectionist policies by President-elected Donald Trump could disrupt the Eurozone's growth potential.

RTTNews | 8 h 37 min atrás

FTSE 100 Slips As Geopolitics Weighs

FTSE 100 Slips As Geopolitics Weighs

The FTSE 100 benchmark of the London Stock Exchange aligned with the trend in European markets to trade in the red amidst a massive spike in geopolitical concerns. However, the index managed to outperform its European peers.

RTTNews | 8 h 41 min atrás

European Stocks Tumble As Russia-Ukraine War Hurts Sentiment

European Stocks Tumble As Russia-Ukraine War Hurts Sentiment

European stocks are reeling under a bout of selling pressure on Tuesday following an escalation in the Russia - Ukraine war, and amid uncertainty about U.S. interest-rate trajectory and the outlook for global economic growth.

RTTNews | 8 h 50 min atrás

Ukraine Conflict Drags Down CAC 40

Ukraine Conflict Drags Down CAC 40

Market sentiment remains heavily impacted by the heightened tensions between Ukraine and Russia over the past few days.

RTTNews | 9 h 32 min atrás

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