European Economic News Preview: Eurozone Flash PMI Data Due

U.S. Leading Economic Index Unexpectedly Edges Lower In August

A report released the Conference Board on Friday unexpectedly showed a modest decrease by its reading on leading U.S. economic indicators in the month of August. The Conference Board said its leading economic index edged down by 0.1 percent in August after rising by 0.2 percent in July. Economists had expected the index to inch up by 0.1 percent.

RTTNews | 1h 47min ago

U.S. Industrial Production Unexpectedly Flat In August

With a jump in utilities output offset by a decrease in manufacturing output, the Federal Reserve released a report on Friday showing U.S. industrial production unexpectedly came in flat in the month of August. The Fed said industrial production was unchanged in August after rising by an unrevised 0.2 percent in July. Economists had expected industrial production to climb by 0.3 percent.

RTTNews | 1h 55min ago

UK Retail Sales Recover Unexpectedly

UK retail sales rebounded unexpectedly in August underpinned by online shopping and warm weather boosted sales of seasonal items, data from the Office for National Statistics revealed Friday. Retail sales grew 0.5 percent on a monthly basis, offsetting July's 0.5 percent fall. Sales were expected to drop 0.2 percent.

RTTNews | 2h 37min ago

Bay Street Likely To Open On Mixed Note

Canadian stocks are likely to open on mixed note on Friday, with investors tracking commodity prices and assessing recent monetary policy moves and weighing inflation outlook. Activity for most part of the session could be a bit lackluster amid a lack of fresh data or corporate news.

RTTNews | 3h 13min ago

FTSE 100 Drifts Lower Despite Strong Retail Sales Data

Despite data showing an unexpected jump in retail sales, U.K. stocks weakened on Friday with investors assessing recent policy announcements and inflation outlook from major central banks.

RTTNews | 4h 55min ago

French Stocks Shed Ground On Inflation Concerns

French stocks shed ground on Friday, retreating after two successive days of gains, as concerns about inflation and fears of policy tightening by some major central banks rendered the mood cautious. A survey by the European Central Bank showed Euro Zone consumers nudged up their inflation expectations last month.

RTTNews | 5h 20min ago

Indian Shares End Mixed; Sensex Slips As IT Stocks Drag

Indian shares ended Friday's session mostly higher as a pullback in oil prices and global bond yields helped ease concerns around inflation, India's import bill and earnings.

RTTNews | 5h 36min ago

DAX Notably Lower As Inflation Concerns Weigh

German stocks drifted lower on Friday amid concerns about inflation after a survey by the European Central Bank showed Euro Zone consumers nudged up their inflation expectations last month.

RTTNews | 5h 39min ago

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