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European Economic News Preview: UK Retail Sales Data Due
(RTTNews) - Retail sales from the UK and business confidence from France are due on Friday, headlining a light day for the European economic news.
At 2.00 am ET, the Office for National Statistics releases UK retail sales for March. Sales are forecast to fall 0.3 percent month-on-month, in contrast to the 1.0 percent increase in February.
Half an hour later, unemployment data is due from Hungary.
At 2.45 am ET, France's statistical office INSEE is scheduled to release business sentiment survey results. The confidence index is seen unchanged at 96 in April.
At 6.30 am ET, Russia's central bank announces its monetary policy decision. The bank is set to hold its benchmark rate at 21.00 percent.
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Partly reflecting a substantial increase in the South, the National Association of Realtors released a report on Wednesday showing an unexpected spike by pending home sales in the U.S. in the month of March. NAR said its pending home sales index surged by 6.1 percent to 76.5 in March after jumping by 2.1 percent to a revised to 72.1 in February.
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1h 20min ago
U.S. Consumer Prices Virtually Unchanged In March, In Line With Estimates
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1h 23min ago
Chicago Business Barometer Drops More Than Expected In April
MNI Indicators released a report on Wednesday showing its reading on Chicago-area business activity fell by more than expected in the month of April.
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2h 6min ago
U.S. GDP Unexpectedly Dips In First Quarter As Imports Soar
The Commerce Department released a report on Wednesday showing the U.S. economy unexpectedly shrank in the first quarter of 2025. The report said real gross domestic product fell by 0.3 percent in the first quarter after surging by 2.4 percent in the fourth quarter of 2024. Economists had expected GDP to rise by 0.4 percent.
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2h 15min ago
U.S. Private Sector Job Growth Falls Well Short Of Expectations In April
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by much less than expected in the month of April. ADP said private sector employment climbed by 62,000 jobs in April after surging by a downwardly revised 147,000 jobs in March.
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2h 40min ago
Eurozone GDP Growth Gains Strength In Q1
Euro area economic growth accelerated in the first quarter as exports may have benefited from higher demand from the U.S. ahead of the imposition of higher trade tariffs. The quarterly growth in gross domestic product doubled to 0.4 percent from 0.2 percent seen in the fourth quarter of 2024, preliminary flash estimates from Eurostat showed on Wednesday.
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2h 51min ago
U.S. GDP Unexpectedly Dips 0.3% In First Quarter
The Commerce Department released a report on Wednesday showing the U.S. economy unexpectedly shrank in the first quarter of 2025.
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3h 23min ago
Indian Rupee Rises On Trade-deal Hopes
The Indian rupee strengthened against the U.S. dollar in the European session on Wednesday, as investor mood was bolstered by trade-deal prospects and foreign fund inflows.
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3h 29min ago
