European Economics Preview: Germany GfK Consumer Confidence Due

RTTNews | 1444 days ago
European Economics Preview: Germany GfK Consumer Confidence Due

(RTTNews) - Consumer confidence data from Germany and France are the only major reports due on Wednesday.

At 2.00 am ET, the market research group GfK is slated to issue consumer sentiment survey data for October. The sentiment index is seen at -39.0 versus -36.5 in September.

Also, Statistics Sweden is set to publish retail sales data for August. In the meantime, retail sales from Norway and Denmark are due.

At 2.45 am ET, the French statistical office Insee publishes consumer sentiment survey results. The consumer confidence index is expected to fall to 80.0 in September from 82.0 in August.

At 3.00 am ET, the National Institute of Economic Research is scheduled to release Sweden's economic tendency survey data for September.

At 4.00 am ET, Italy's Istat publishes business and consumer confidence data. The business sentiment index is seen at 102.1 in September versus 104.3 a month ago. Similarly, the consumer confidence index is expected to fall to 95.1 from 98.3.

Also, S&P Global publishes Austria's manufacturing Purchasing Managers' survey data at 4.00 am ET.

At 5.00 am ET, industrial turnover data is due from Italy. Sales had decreased 0.2 percent on month in June.

read more
Kroger Q2 Profit Rises, Backs FY26 Adj. Earnings View, Cuts Sales Growth Forecast; Stock Drops

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 | 26 minutes ago
UK Stocks Rise On GDP Growth, Oil Price Decline

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 | 40 minutes ago
Indian Shares End Off Day's Lows As Oil Prices Ease

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 36min ago
German Stocks Move Modestly Higher As Oil Prices Fall Sharply

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 | 1h 52min ago