European Economic News Preview: UK GDP & Foreign Trade Data Due

RTTNews | 871 dias atrás
European Economic News Preview: UK GDP & Foreign Trade Data Due

(RTTNews) - GDP monthly estimates and foreign trade figures are the top economic news due on Monday, headlining a light day for the European economic news.

At 1.00 am ET, Finland's current account data is due for October. At 2.00 am ET, the Office for National Statistics publishes UK monthly GDP, industrial production and foreign trade data. The economy is forecast to grow 0.4 percent on a monthly basis in October, in contrast to the 0.6 percent contraction a month ago.

The UK visible trade deficit is seen almost unchanged at GBP 15.65 billion in October.

At 3.00 am ET, the Czech Statistical Office publishes consumer prices data for November. Inflation is expected to rise to 15.6 percent in November from 15.1 percent in October.

At 8.00 am ET, the UK monthly GDP tracker is due from the National Institute of Economic and Social Research.

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UK Market Ends Slightly Up

UK Market Ends Slightly Up

On a day in which most of the markets across Europe remained closed for Labor Day holiday, the UK market, where trading was on, ended marginally up on Thursday, extending its gains to a 13th straight session.
RTTNews | 1h 49min atrás
Canadian Market Retreats After Recovering From Early Drop

Canadian Market Retreats After Recovering From Early Drop

The Canadian market is modestly higher around noon on Thursday with shares from energy and technology sectors posting strong gains. A sell-off in materials section is limiting market's upside. The mood in the market is quite cautious amid concerns about global economic growth.
RTTNews | 2h 30min atrás
U.S. Construction Spending Unexpectedly Falls 0.5% In March

U.S. Construction Spending Unexpectedly Falls 0.5% In March

Construction spending in the U.S. unexpectedly decreased in the month of March, the Commerce Department revealed in a report released on Thursday. The Commerce Department said construction spending fell by 0.5 percent to an annual rate of $2.196 trillion in March after climbing by 0.6 percent to a revised rate of $2.207 trillion in February.
RTTNews | 4h 13min atrás
U.S. Manufacturing Index Dips Slightly Further Into Contraction Territory In April

U.S. Manufacturing Index Dips Slightly Further Into Contraction Territory In April

The Institute for Supply Management released a report on Thursday showing a slight decrease by its reading on U.S. manufacturing activity in the month of April. The ISM said its manufacturing PMI edged down to 48.7 in April after slipping to 49.0 in March, with a reading below 50 indicating contraction. Economists had expected the index to dip to 48.0.
RTTNews | 4h 26min atrás
U.S. Jobless Claims Rise Much More Than Expected To Two-Month High

U.S. Jobless Claims Rise Much More Than Expected To Two-Month High

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by much more than expected in the week ended April 26th. The Labor Department said initial jobless claims climbed to 241,000, an increase of 18,000 from the previous week's revised level of 223,000.
RTTNews | 4h 38min atrás