European Economic News Preview: Eurozone Flash PMI Data Due

RTTNews | 867 hari yang lalu
European Economic News Preview: Eurozone Flash PMI Data Due

(RTTNews) - Flash Purchasing Managers' survey results from the euro area and the UK are due on Thursday, headlining a light day for the European economic news.

At 3.15 am ET, S&P Global publishes France flash composite PMI data for May. The composite PMI is forecast to rise to 51.0 from 50.5 in the previous month.

At 3.30 am ET, Germany's flash composite PMI survey results are due. Economists forecast the composite indicator to climb to 51.0 in May from 50.6 in the prior month.

At 4.00 am ET, S&P Global is scheduled to release euro area flash composite PMI survey data. The composite output index is seen at 52.0 in May, up from 51.7 in April.

At 4.30 am ET, UK S&P Global composite PMI data is due. The composite PMI is forecast to fall slightly to 54.0 in May from 54.1 a month ago.

At 10.00 am ET, Eurozone flash consumer confidence survey data is due. Economists expect the index to improve to -14.0 in May from -14.7 in April.

baca selengkapnya
Fed Minutes Reveal Officials Expect Another Rate Hike This Year

Fed Minutes Reveal Officials Expect Another Rate Hike This Year

Most Federal Reserve officials expect to once again raise interest rates before the end of the year, according to the minutes of the central bank's September monetary policy meeting released on Wednesday. The Fed said, "Most participants assessed that another increase in the target range for the federal funds rate would likely be appropriate by year end."
RTTNews | 2 jam 51 menit yang lalu
Canadian Stocks Slide; TSX Down Sharply

Canadian Stocks Slide; TSX Down Sharply

The Canadian market, which slipped deeper into the red after a weak start, continues to languish in negative territory Wednesday afternoon, as stocks from materials, financials and industrials sectors reel under severe selling pressure. Elevated oil prices and bond yields have raised concerns about inflation, interest rates and global growth outlook.
RTTNews | 2 jam 51 menit yang lalu
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

Swiss stocks swung between gains and losses on Wednesday as elevated oil prices and bond yields amid rising concerns about Middle East tensions and France's fiscal woes rendered the mood cautious.
RTTNews | 3 jam 17 menit yang lalu
European Stocks Fall Amid Oil, Yields Rise On Mideast Tension

European Stocks Fall Amid Oil, Yields Rise On Mideast Tension

European stocks closed lower Wednesday as oil prices climbed on Persian Gulf vessel attacks and bond yields jumped amid France's fiscal crisis. The Stoxx 600 fell 1%, with the DAX down 1.35% and CAC 40 declining 1.22%. Pennon Group shares crashed 17% following a £550 million rights offering and dividend reduction.
RTTNews | 3 jam 33 menit yang lalu
RBI Shifts To 'Calibrated Tightening' As Rate-Hiking Cycle Begins

RBI Shifts To 'Calibrated Tightening' As Rate-Hiking Cycle Begins

India's central bank hiked interest rates for the first time in nearly four years and shifted the policy stance to "calibrated tightening", suggesting that policymakers have embarked on a rate-hiking cycle as the economy navigates a myriad of worries including surging oil prices, poor monsoon, weaker rupee and the geopolitical tensions worldwide.
RTTNews | 5 jam 0 menit yang lalu
Indian Rupee Falls To Record Low After RBI Rate Decision

Indian Rupee Falls To Record Low After RBI Rate Decision

The Indian rupee weakened against the U.S. dollar in the European session on Wednesday, after the Reserve Bank of India raised its benchmark interest rates by 25 basis points and changed its monetary policy stance to calibrated tightening.
RTTNews | 7 jam 49 menit yang lalu
U.S. Dollar Rises As Trader's Focus On U.S. Fed Minutes

U.S. Dollar Rises As Trader's Focus On U.S. Fed Minutes

The U.S. dollar strengthened against other major currencies in the European session on Wednesday, as investors ?await the minutes of the Federal Reserve's September meeting for fresh clues on its monetary policy outlook.
RTTNews | 8 jam 4 menit yang lalu
U.S. Dollar Rises Against Majors

U.S. Dollar Rises Against Majors

The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
RTTNews | 8 jam 21 menit yang lalu