European Economic News Preview: Germany Producer Prices Data Due
(RTTNews) - Producer prices data from Germany is the major report due on Thursday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis releases Germany's producer prices for October. Prices are forecast to fall 1.9 percent on a yearly basis, following a 1.7 percent drop in September.
In the meantime, foreign trade from Switzerland and consumer confidence survey data from Turkey are due.
At 5.00 am ET, Eurostat publishes euro area construction output for September.
At 6.00 am ET, the Confederation of British Industry releases Industrial Trends survey data. The UK order book balance is seen improving to -33 percent in November from -38 percent in October.
read more
New York Manufacturing Index Pulls Back Sharply But Remains Positive
The Federal Reserve Bank of New York released a report on Tuesday showing its reading on regional manufacturing activity fell by much more than expected in the month of September but still indicated growth. The New York Fed said its general business conditions index slumped to 7.6 in September from 20.6 in August.
RTTNews
|
4h 3min ago
New York Manufacturing Index Slumps Much More Than Expected In September
The Federal Reserve Bank of New York released a report on Tuesday showing its reading on regional manufacturing activity fell by much more than expected in the month of September but still indicated growth.
RTTNews
|
4h 57min ago
Bay Street Likely To Open On Slightly Weak Note
Weak Canadian and U.S. futures, lower precious metals prices and concerns about inflation and interest rates could weigh on Canadian stocks Tuesday morning. Investors look ahead to Federal Reserve's monetary policy announcement on Wednesday.
RTTNews
|
5h 6min ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Tuesday.
RTTNews
|
5h 25min ago
FTSE 100 Recovers Despite Weak UK Jobs Data, Oil Concerns
The FTSE 100 recovered from early losses on Tuesday as consumer and real estate stocks rallied. Disappointing employment data and oil price concerns pressured equities, while traders awaited policy guidance from global central banks.
RTTNews
|
5h 53min ago
Rising Oil Prices, Inflation Push CAC 40 To 4-Month Trough
France's annual inflation rate climbed to 2.4% in August from 2.1% in July, marking the highest reading in three months. The CAC 40 slid to a four-month low amid rising oil prices and elevated bond yields.
RTTNews
|
6h 19min ago
German ZEW Economic Sentiment Improves Moderately
German economic confidence improved moderately in September as experts were cautiously optimistic about economic recovery, survey results from the Mannheim-based Centre for European Economic Research, or ZEW, showed Tuesday. The ZEW indicator of economic sentiment rose less-than-expected to 34.7 in September from 34.2 in the previous month. The reading was seen at 39.8.
RTTNews
|
6h 49min ago
Indian Shares Tumble On Rising Oil Prices, Bond Yields
Indian shares fell sharply on Tuesday as trading resumed after a long holiday weekend.
RTTNews
|
6h 51min ago
