European Economic News Preview: UK Retail Sales & PSNB Data Due

Swiss Market Ends On Weak Note

The Switzerland stock market closed notably lower on Friday, in line with markets across Europe as worries about inflation and uncertainty about central banks' monetary policy moves rendered the mood cautious.

RTTNews | 36 minutes ago

European Stocks Fall As Central Bank Signals Weigh On Sentiment

European stocks declined Friday amid caution over monetary policy and inflation outlooks from major central banks. The ECB survey showed Euro Zone inflation expectations rose to 3% from 2.9%, while the Bank of Japan raised rates by 25 basis points.

RTTNews | 1h 8min ago

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 | 4h 43min 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 | 4h 51min 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 | 5h 34min 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 | 6h 10min 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 | 7h 51min 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 | 8h 16min ago

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