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European Economics Preview: UK Public Sector Finance Data Due
(RTTNews) - Public sector finance data from the UK is due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, the Office for National Statistics is slated to issue UK public sector finance data for August. The budget deficit is seen at GBP 8.2 billion versus GBP 4.18 billion in July.
In the meantime, Sweden unemployment data is due for August.
At 4.00 am ET, retail sales figures are due from Poland. Economists forecast sales to climb 20.0 percent annually in August versus July's 18.4 percent increase.
At 6.00 am ET, the Confederation of British Industry releases UK Industrial Trends survey results. The order book balance is seen at -11 percent in September versus -7 percent in August.
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U.S. Factory Orders Spike Slightly Less Than Expected In March
The Commerce Department released a report on Friday showing a sharp increase by new orders for U.S. manufactured goods in the month of March. The report said factory orders spiked by 4.3 percent in March after rising by a downwardly revised 0.5 percent in February.
RTTNews
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hace 1h 3min
U.S. Employment Jumps By 177,000 Jobs In April, Much More Than Expected
Job growth in the U.S. far exceeded economist estimates in the month of April, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 177,000 jobs in April compared to expectations for an increase of about 130,000 jobs.
RTTNews
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hace 1h 57min
Eurozone Inflation Remains Stable At 2.2%
Euro area annual inflation remained stable in April near the European Central Bank's 2 percent target, but the trade tariff uncertainty clouds the outlook. The harmonized index of consumer prices grew 2.2 percent on a yearly basis in April, the same pace of increase as seen in March, flash data from Eurostat showed on Friday. Prices were expected to climb at a slower pace of 2.1 percent.
RTTNews
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hace 2h 21min
Eurozone Manufacturing Activity Shrinks At Slower Pace
Euro area factory activity contracted at a slower pace in April as production grew at the fastest pace in more than three years, final data of the purchasing managers' survey by S&P Global showed Friday. The HCOB manufacturing Purchasing Managers' Index rose to a 32-month high of 49.0 in April from 48.6 in March. The score was also above the flash estimate of 48.7.
RTTNews
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hace 2h 33min
Bay Street May Open Higher
The Canadian market is likely to open on a positive note on Friday, tracking firm European stocks amid easing concerns over U.S.-China trade tensions after Beijing stated its willingness to engage in tariff negotiations with the United States.
RTTNews
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hace 2h 36min
U.S. Employment Jumps Much More Than Expected In April
Job growth in the U.S. far exceeded economist estimates in the month of April, according to a closely watched report released by the Labor Department on Friday.
RTTNews
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hace 2h 46min
SharkNinja Recalls 1.85 Mln Pressure Cookers
SharkNinja Operating LLC is recalling about 1.85 million units of Foodi Multi-Function Pressure Cookers citing risk of burn, and after 26 lawsuits were filed, according to the U.S. Consumer Product Safety Commission or CPSC. In addition, about 184,240 units were sold in Canada. The agency noted that the pressure-cooking lid can be opened during use, causing hot contents to escape.
RTTNews
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hace 3h 2min
FTSE 100 Moderately Higher; Shell Rises Sharply After Announcing Share Buyback
UK stocks are up in positive territory on Friday, in line with other major markets in Europe, amid optimism over easing U.S.-China trade relations. Investors are also reacting to a slew of earnings announcements.
RTTNews
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hace 3h 24min
