European Economic News Preview: Eurozone Industrial Output Data Due
(RTTNews) - Industrial production from the euro area and unemployment from Italy are the top economic news due on Wednesday.
At 3.30 am ET, producer prices figures from Switzerland are due. Economists forecast prices to grow 0.2 percent on a monthly basis in February after a 0.1 percent gain in January.
At 5.00 am ET, Italy's statistical office ISTAT publishes quarterly unemployment data. The jobless rate is forecast to rise to 6.2 percent in the fourth quarter from 6.1 percent in the preceding period.
At 6.00 am ET, Eurostat is slated to release euro area industrial production figures. Industrial output is expected to grow 0.5 percent month-on-month in January, in contrast to the 1.1 percent decrease in December.
baca selengkapnya
Canadian Market Modestly Lower
The Canadian market remains in negative territory Tuesday afternoon with stocks from energy, communications and healthcare sectors under pressure. Technology stocks are finding some support amid renewed optimism about spending on AI infrastructure.
RTTNews
|
3 jam 34 menit yang lalu
Swiss Market Turns Weak In The Final Hour, Ends Marginally Down
After staying positive till the penultimate hour of the day's session, the Switzerland market faced some resistance and eventually closed on a weak note on Tuesday.
RTTNews
|
3 jam 59 menit yang lalu
European Markets Fail To Hold Early Gains, Settle Weak
After trading in positive territory for much of the day's trading session, most of the markets in Europe ended weak on Tuesday, hurt by some brisk selling in the final hour.
Despite oil's retreat, investors turned cautious amid continued uncertainty about Iran and the U.S. reaching an agreement to end their conflict anytime soon.
RTTNews
|
4 jam 29 menit yang lalu
U.S. Job Openings Fall More Than Expected In August
The Labor Department released a report on Tuesday showing job openings in the U.S decreased by more than expected in the month of August.
RTTNews
|
7 jam 31 menit yang lalu
U.S. Consumer Confidence Index Unexpectedly Slumps In September
A report released by the Conference Board on Tuesday unexpectedly showed a notable deterioration in U.S. consumer confidence in the month of September. The Conference Board said its consumer confidence index slumped to 81.9 in September from a downwardly revised 88.6 in August.
RTTNews
|
7 jam 44 menit yang lalu
Bay Street Likely To Open With Positive Bias
Canadian stocks may open with a positive bias on Tuesday as oil shed early gains and slipped into negative territory, and gold prices edged higher.
According to a flash estimate, the Canadian GDP is expected to have expanded by 0.2% from the previous month in August.
RTTNews
|
9 jam 22 menit yang lalu
Eurozone Economic Sentiment Weakens
Eurozone economic confidence weakened unexpectedly in September due to the fall in consumer sentiment, monthly survey data from the European Commission showed Tuesday. The economic sentiment index dropped to 97.9 in September from 98.4 in the previous month. The score was forecast to rise to 99.0.
RTTNews
|
9 jam 28 menit yang lalu
Major European Markets Move Higher As Oil Pares Early Gains
The major European markets gained some ground in positive territory on Tuesday with investors picking up select stocks even as oil prices remained at elevated levels despite coming off early highs and bond yields continued to hover around multi-year highs.
RTTNews
|
9 jam 47 menit yang lalu
