European Economic News Preview: Germany Inflation, Unemployment Due

Chicago Business Barometer Jumps But Still Indicates Contraction In February

A report released by MNI Indicators on Friday showed its reading on Chicago-area business activity jumped by much more than expected in the month of February but continued to indicate contraction. MNI Indicators said its Chicago business barometer shot up to 45.5 in February from 39.5 in January. Economists had expected the Chicago business barometer to show a much more modest increase to 40.6.

RTTNews | 5 h 48 min atrás

U.S. Consumer Prices Increases In Line With Estimates In January

Closely watched readings on U.S. consumer price inflation increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in January, matching the increase seen in December as well as economist estimates.

RTTNews | 6 h 3 min atrás

U.S. Consumer Price Inflation Data Matches Estimates In January

Closely watched readings on consumer price inflation increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday.

RTTNews | 7 h 6 min atrás

France Inflation Lowest In 4 Years On Energy Prices

French inflation sunk to the lowest in four years in February due to a notable fall in electricity prices and the economy contracted for the first time since early 2023, official data showed Friday. Consumer price inflation was 0.8 percent in February compared to 1.7 percent in January, the statistical office INSEE said. This was the weakest since February 2021 and was also below forecast of 1.0

RTTNews | 7 h 35 min atrás

German Unemployment Rises Less Than Expected

German unemployment increased only moderately in February but the economic weakness remained visible on the labor market, the Federal Employment Agency said Friday. The number of people out of work rose 5,000 in February, while economists had forecast a sharp increase of 14,000. Unemployment had increased 11,000 in January.

RTTNews | 7 h 51 min atrás

Bay Street Likely To Open On Cautious Note

The Canadian market is likely to open on a cautious note Friday morning with investors reacting to Canadian GDP data and the latest batch of earnings updates. Investors also await the U.S. Personal Consumption Expenditure data, due this morning, for insights into the Federal Reserve's monetary policy.

RTTNews | 8 h 4 min atrás

FTSE 100 Modestly Higher On Earnings

U.K. stocks are up in positive territory Friday morning, with investors reacting to some strong quarterly earnings updates. Tariff concerns limit market's upside.

RTTNews | 8 h 59 min atrás

Holcim Shares Gain On Growth In FY24 Recurring EBIT, Dividend Hike, Positive Outlook

Shares of Holcim Group were gaining 3 percent in Switzerland after the building materials firm reported Friday higher recurring EBIT and margin in fiscal 2024, even as net profit and net sales were lower than last year. Looking ahead, for fiscal 2025, Holcim expects continued profitable growth with over proportional growth in recurring EBIT, further expansion of recurring EBIT margin...

RTTNews | 9 h 1 min atrás

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