German business confidence improved to a 30-month high in October reflecting the upturn gathering impetus in the economy, survey data from the Ifo Institute showed Tuesday. The Ifo business confidence index climbed to 110.5 in October from 109.5 in the previous month, while economists had forecast the index to rise slightly to 109.6.
Business sentiment data from Germany is due on Tuesday, headlining a light day for the European economic news.
At 2.00 am ET, Statistics Finland publishes unemployment data for September. The jobless rate was 7.2 percent in August.
At 2.45 am ET, French manufacturing confidence survey results are...
South Korea's gross domestic product climbed 2.7 percent on year in the third quarter of 2016, the Bank of Korea said in Tuesday's preliminary reading.
That beat forecasts for an increase of 2.4 percent, although it slowed from 3.3 percent in the previous three months.
On a seasonally adjusted...
The dollar is trading nearly flat in comparison to its major European rivals Monday afternoon and is up slightly against the Japanese Yen. The lack of U.S. economic data has translated to relatively tame activity in the currency markets. Traders were also hesitant to make major moves ahead of a series...
Eurozone private sector expanded at the fastest pace thus far this year, led by a strong rebound in Germany, while the pace of growth eased in France. The Composite Output Index, which combines manufacturing and services, rose to 53.7 from 52.6 in September, preliminary results of the purchasing managers' survey by IHS Markit showed Monday.
The dollar is turning in a mixed performance Friday afternoon. The U.S. currency is extending its gains against the Euro and the pound sterling, but is down slightly in comparison to the Japanese Yen.
Overall, Friday's trading session has been on the quiet side. There has been no U.S. economic data...
Public sector finance data from the U.K. is due on Friday, headlining a light day for the European economic news.
The dollar is gaining ground against all of its major rivals Thursday afternoon, following today's highly anticipated announcement from the European Central Bank. The decision to leave interest rates unchanged was in line with expectations, but some comments from ECB President Mario Draghi caused some...
European Central Bank President Mario Draghi ruled out any discussion of 'tapering' among policymakers in the latest rate-setting session, but added that it was unlikely that asset purchases would have an abrupt end, signaling that they may be extended beyond March 2017.
After reporting an unexpected drop in its reading on leading U.S. economic indicators in the previous month, the Conference Board released a report on Thursday showing that its leading economic indicators index rose in line with estimates in September.
Partly reflecting a jump in the share of sales by first-time home buyers, the National Association of Realtors released a report on Thursday showing that existing home sales in the U.S. rebounded by much more than anticipated in the month of September. NAR said existing home sales jumped by 3.2 percent to an annual rate of 5.47 million.
While the Federal Reserve Bank of Philadelphia released a report on Thursday showing a slowdown in the pace of regional manufacturing growth in the month of October, the pace of growth slowed less than economists had expected. The Philly Fed said its index for current manufacturing activity in the region fell to 9.7 in October from 12.8 in September.
Initial jobless claims in the U.S. rose by more than expected in the week ended October 15th, according to a report released by the Labor Department on Thursday. The Labor Department said initial jobless claims climbed to 260,000, an increase of 13,000 from the previous week's revised level of 247,000.
The euro was trading higher against most major counterparts in the European session on Thursday, after the European Central Bank kept monetary policy steady, with economists expecting an extension of bond purchases at the next meeting in December.
The Governing Council, led by ECB President Mario...
The European Central Bank kept its key interest rates unchanged for a fifth consecutive session and retained its asset purchases, apparently setting the stage for December action as policymakers explore how to implement any extension of stimulus.