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European Economics Preview: Germany Producer Price Data Due
(RTTNews) - Producer prices data from Germany is due on Monday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is set to issue Germany's producer prices for May. Producer price inflation is expected to remain unchanged at 33.5 percent.
At 4.00 am ET, Greece current account data is due for April. The deficit totaled EUR 2.33 billion in March.
At 5.00 am ET, Eurostat is scheduled to release eurozone construction output data for April. Production had increased 3.3 percent annually in March.
At 9.00 am ET, European Central Bank President Christine Lagarde is set to give introductory statement before the Committee on Economic and Monetary Affairs of the European Parliament in Brussels, Belgium.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Thursday.
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1h 8min ago
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.
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1h 35min ago
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.
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1h 50min ago
Yen Slides Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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3h 0min ago
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.
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3h 1min ago
European Economic News Preview: UK Mortgage Approvals, Factory PMI Due
Mortgage approvals and final manufacturing Purchasing Managers' survey results from the UK are the major reports due on Thursday, while most of the European markets are closed for the Labor day holiday. At 2.30 am ET, Switzerland's Federal Statistical Office releases retail sales data for March. Sales are forecast o grow 1.9 percent on a yearly basis, following a 1.6 percent rise in February.
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3h 26min ago
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Thursday.
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3h 49min ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Thursday.
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4h 0min ago
