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European Economic News Preview: Germany Industrial Output Data Due
(RTTNews) - Industrial production from Germany and investor confidence from the euro area are the top economic news due on Monday.
At 2.00 am ET, Destatis is scheduled to issue Germany's industrial output for March. Economists forecast industrial production to fall 1.3 percent on a monthly basis, following a 2 percent rise in February.
In the meantime, foreign trade data from Finland and manufacturing output from Denmark are due.
At 4.30 am ET, Eurozone Sentix investor confidence survey results are due. The economic sentiment index is expected to improve to -8.0 in May from -8.7 in April.
At 5.00 am ET, foreign trade figures are due from Greece.
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Pound Slides Against Most Majors
The British pound weakened against most major currencies in the European session on Friday.
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Pred 4 h 26 min
European Shares Inch Higher In Cautious Trade
European shares inched higher on Friday but were on track for a weekly loss on heightened trade tensions and growing concerns about an economic slowdown.
RTTNews
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Pred 4 h 39 min
UK Economy Contracts Unexpectedly On Weaker Production
The UK economy logged an unexpected contraction at the start of the year on a sharp fall in production, official data revealed on Friday. Gross domestic product shrank 0.1 percent on a monthly basis in January, following a growth of 0.4 percent in December, the Office for National Statistics reported. GDP was expected to grow 0.1 percent.
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Pred 4 h 58 min
Asian Shares Advance As US Shutdown Worries Ease
Asian stocks ended mostly higher on Friday after U.S. Senate Minority Leader Chuck Schumer said he plans to vote for a Republican bill to fund the government through September, helping ease worries about a potential federal government shutdown.
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Pred 5 h 4 min
Yen Falls Amid Uncertainty Over BoJ Policy
The Japanese yen weakened against other major currencies in the Asian session on Friday, as the Bank of Japan (BoJ) is anticipated to keep interest rates steady next week as a way to evaluate the risks of escalating U.S. trade tensions.
RTTNews
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Pred 5 h 49 min
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
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Pred 7 h 38 min
European Shares Seen Up As US Government Shutdown Worries Ease
European stocks are likely to open higher on Friday amid signs the U.S. may avert a looming government shutdown after Senate Democratic leader Chuck Schumer announced he's ready to start the process of considering a Republican-led government funding bill that has fiercely divided Democrats.
RTTNews
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Pred 7 h 57 min
Dr. Reddy's Labs Recalls Levetiracetam In Sodium Chloride Injection
Dr. Reddy's Laboratories Ltd. is recalling Levetiracetam in 0.75% Sodium Chloride Injection in the United States citing mislabeling of infusion bag, according to the U.S. Food and Drug Administration. The recall involves one Batch/Lot No: A1540076 of Levetiracetam in 0.75% Sodium Chloride Injection, 1,000 mg/100 mL (10 mg/mL) single-dose infusion bags to the consumer level.
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Pred 8 h 41 min
