European Economic News Preview: France Industrial Output Data Due

RTTNews | vor 842 Tagen
European Economic News Preview: France Industrial Output Data Due

(RTTNews) - Industrial production data from France is the only major statistical report due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Statistics Sweden is scheduled to release GDP, household consumption and industrial output data.

Also, consumer and producer prices are due from Norway. Consumer price inflation is expected to ease to 6.1 percent in December from 6.5 percent in November.

At 2.45 am ET, France's statistical office INSEE publishes industrial production data for November. Economists forecast output to grow 0.8 percent month-on-month, reversing a 2.6 percent fall in October.

At 3.00 am ET, industrial production figures are due from Austria and Spain.

At 5.00 am ET, Greece's Hellenic Statistical Authority is scheduled to issue industrial production and unemployment data for November.

read more
Tesla Chair Denies Report Of CEO Search To Replace Elon Musk

Tesla Chair Denies Report Of CEO Search To Replace Elon Musk

Tesla Inc. chair Robyn Denholm has denied a Wall Street Journal report that its board was searching for a replacement for Chief Executive Officer Elon Musk. On the social media platform X, she called the report as "absolutely false." Shares of Tesla had fallen around 3 percent on Wednesday's trading following the news. However, with the denial of the report, the stock is currently gaining.
RTTNews | vor 1Std 7 Minuten
UK Mortgage Approvals Lowest In 8 Months

UK Mortgage Approvals Lowest In 8 Months

UK mortgage approvals decreased to the lowest level in eight months in March despite home buyers rushing to complete the transactions ahead of the rise in stamp duty, official data revealed on Thursday. Mortgage approvals decreased 800 to 64,309 in March, the Bank of England said. Approvals for house purchases, an indicator of future borrowing, decreased for the third straight month.
RTTNews | vor 2Std 0 Minuten
Yen Slides As Bank Of Japan Retains Rate As Expected

Yen Slides As Bank Of Japan Retains Rate As Expected

The Japanese yen weakened against other major currencies in the Asian session on Thursday, after the Bank of Japan left its interest rate unchanged for the second consecutive meeting and downgraded its growth projections citing trade tariff threats.
RTTNews | vor 4Std 59 Minuten
Commodity Currencies Rise Amid Risk-on Mood

Commodity Currencies Rise Amid Risk-on Mood

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Thursday amid increased risk-on mood, as traders booked some profits after the recent upside in markets and a report showing the U.S. economy unexpectedly shrank in the first three months of 2025 generated some optimism about the outlook for interest rates.
RTTNews | vor 5Std 14 Minuten
Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | vor 6Std 24 Minuten
Bank Of Japan Retains Rate As Expected; Cuts Growth Outlook Amid Tariff Uncertainty

Bank Of Japan Retains Rate As Expected; Cuts Growth Outlook Amid Tariff Uncertainty

The Bank of Japan left its interest rate unchanged for the second consecutive meeting on Thursday, and downgraded its growth projections citing trade tariff threats. The policy board decided, by a unanimous vote, to hold the uncollateralized overnight call rate to remain at around 0.50 percent. This was the highest level since the global financial crisis in 2008.
RTTNews | vor 6Std 25 Minuten