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European Economics Preview: Italy Retail Sales Data Due
(RTTNews) - Retail sales data from Italy is due on Monday, headlining a light day for the European economic news.
At 2.00 am ET, Statistics Norway publishes consumer and producer prices for June. Consumer price inflation is forecast to rise to 5.9 percent from 5.7 percent in May. In the meantime, foreign trade from Romania and consumer prices from Lithuania are due.
At 3.00 am ET, the Czech Statistical Office releases retail sales for May. Economists forecast sales to fall 1.5 percent annually, reversing April's 5.0 percent increase.
At 5.00 am ET, the Hellenic Statistical Authority releases Greece retail sales, industrial production and producer prices data.
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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.
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15 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.
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44 minutes 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.
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1h 12min 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.
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1h 27min 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.
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1h 42min 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.
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2h 0min ago
Canadian Dollar Falls Against Majors
The Canadian dollar weakened against other major currencies in the European session on Friday.
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2h 2min ago
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the European session Friday.
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2h 8min ago
