Advertisement
European Economic News Preview: Germany Industrial Output Data Due
(RTTNews) - Industrial production from Germany and house prices from the UK are the top economic news due on Tuesday.
At 2.00 am ET, Destatis is scheduled to publish Germany's industrial production data for May. Output is expected to grow 0.1 percent month-on-month, following a 0.4 percent rise in April.
In the meantime, UK Halifax house price data is due. Economists expect house prices to grow 0.1 percent on a monthly basis in June, reversing a 0.1 percent fall in May. At 2.45 am ET, foreign trade data is due from France. The trade deficit is seen at EUR 5.9 billion in May compared to a shortfall of EUR 5.6 billion in April.
At 3.00 am ET, the Czech Statistical Office releases consumer prices, retail sales and foreign trade figures.
read more
Canadian Dollar Falls As Oil Prices Edge Lower
The Canadian dollar weakened against other major currencies in the European session on Friday, as the crude oil prices traded lower amid escalating U.S.-Iran tensions and concerns over prolonged disruption to global energy supplies.
RTTNews
|
13 minutes ago
Kroger Q2 Profit Rises, Backs FY26 Adj. Earnings View, Cuts Sales Growth Forecast; Stock Drops
Supermarket chain Kroger Co. reported Friday higher profit and sales in its second quarter, while Identical Sales growth was slower than the prior year. Further, the firm maintained adjusted earnings outlook for fiscal 2026, but trimmed growth view for identical sales without fuel. In the pre-market activity on the NYSE, the shares were losing around 2.62 percent.
RTTNews
|
45 minutes ago
UK Stocks Rise On GDP Growth, Oil Price Decline
UK stocks advanced Friday as July GDP growth of 0.4% beat expectations and oil prices tumbled following downward IEA demand revisions. The FTSE 100 reached 10,674.52, up 0.61% despite ongoing US-Iran concerns.
RTTNews
|
58 minutes ago
French Stocks Rise On Oil Price Drop, Middle East Concerns Persist
French equities recovered Friday with the CAC 40 rising to 8,167.27 points after the IEA lowered its global oil demand forecast. Brent crude futures declined 3.5% to $104.00 a barrel.
RTTNews
|
1h 27min ago
Indian Shares End Off Day's Lows As Oil Prices Ease
Indian shares ended Friday's session lower as Middle East tensions persisted, and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.
RTTNews
|
1h 55min ago
German Stocks Move Modestly Higher As Oil Prices Fall Sharply
German stocks moved higher on Friday, recovering from losses posted in the previous two sessions, as oil prices fell sharply following the International Energy Agency (IEA) revising downward its world oil demand forecast for the year.
RTTNews
|
2h 10min ago
Gold Edges Higher As Oil Prices Ease After Recent Surge
Gold edged higher on Friday as oil prices slipped from recent highs and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.
RTTNews
|
2h 25min ago
Oil Prices Edge Lower As IEA Further Cuts Oil Demand Forecast
Oil prices traded lower on Friday but headed for a sharp weekly gain amid escalating U.S.-Iran tensions and concerns over prolonged disruption to global energy supplies.
RTTNews
|
2h 43min ago
