European Economics Preview: Germany Flash Inflation Data Due

RTTNews | 794 dias atrás
European Economics Preview: Germany Flash Inflation Data Due

(RTTNews) - Flash inflation from Germany and economic sentiment survey results from the euro area are the major reports due on Tuesday.

At 2.00 am ET, Statistics Sweden is set to release retail sales, foreign trade and revised GDP figures.

At 3.00 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss quarterly national accounts. The economy is forecast to grow 0.3 percent sequentially in the third quarter, the same pace as seen in the second quarter.

In the meantime, Spain's INE publishes flash consumer and harmonized consumer prices for November. Economists expect consumer price inflation to rise to 7.4 percent from 7.3 percent in October.

At 4.00 am ET, Italy's ISTAT is slated to release industrial turnover data for September. Turnover had advanced 3.6 percent on month in August.

At 4.30 am ET, the Bank of England publishes mortgage approvals figures for October. The number of mortgage approvals is seen falling to 60,200 from 66,789 in September. At 5.00 am ET, economic sentiment survey results are due from Eurozone. The economic confidence index is seen at 93.5 in November versus 92.5 in October.

At 8.00 am ET, Destatis is set to publish Germany flash consumer and harmonized prices for November. Consumer price inflation is seen unchanged at 10.4 percent.

read more
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note on Friday with investors reacting to the nation's GDP data, and treading cautiously ahead of the February 1 deadline for the imposition of trade duties on Canada.
RTTNews | 5 h 50 min atrás
Wall Street Looks Headed For Positive Start

Wall Street Looks Headed For Positive Start

Higher futures point to a firm start for U.S. stocks Friday morning, but data on the nation's personal consumption expenditure for the month of December holds the key for the market's trend.
RTTNews | 6 h 22 min atrás
Novartis Q4 Core EPS Beats Market, Hikes Dividend; Sees Growth In FY25; Stock Up

Novartis Q4 Core EPS Beats Market, Hikes Dividend; Sees Growth In FY25; Stock Up

Swiss drug-major Novartis AG reported Friday weak net earnings in its fourth quarter on the absence of prior year's significant gain related to Sandoz Group AG spin-off. However, earnings from continuing operations grew from last year, and core earnings beat market estimates along with top line. Further, the company issued positive outlook for fiscal 2025 and lifted its dividend.
RTTNews | 6 h 40 min atrás
France Inflation Rises To 5-Month High

France Inflation Rises To 5-Month High

French inflation accelerated to a five-month high in January largely on energy and manufactured product prices, provisional data from the statistical office INSEE showed Friday. Consumer prices registered an annual increase of 1.4 percent in January, following December's 1.3 percent rise.
RTTNews | 7 h 41 min atrás
FTSE 100 Hits Fresh Record High

FTSE 100 Hits Fresh Record High

U.K. stocks are up in positive territory Friday morning, and the benchmark FTSE 100 looks set to end the month with a strong gain, as the mood remains a bit bullish amid optimism about more monetary easing by central banks in the coming months.
RTTNews | 8 h 49 min atrás
German Unemployment Rises Marginally

German Unemployment Rises Marginally

Germany's unemployment rose slightly and job vacancies decreased in January as the manufacturing sector faces severe downturn, official data revealed on Friday. The number of people out of work increased by 11,000 in January after rising 10,000 in December, the Federal Employment Agency said. Unemployment was expected to increase more sharply by 14,000.
RTTNews | 9 h 16 min atrás