European markets head for mixed open; UK retail sales nudge higher in August

World Economy News

European markets head for mixed open; UK retail sales nudge higher in August
World MarketsFTSE MIBCAC 40 Index
  • 📰 CNBC
  • ⏱ Reading Time:
  • 60 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 65%
  • Publisher: 72%

European stocks are expected to open in mixed territory Tuesday, after a lackluster start to September trading.

LONDON — European stocks are expected to open in mixed territory Tuesday, bouncing back from a lackluster start to September trading at the beginning of the week.Investors are continuing to consider the outlook for interest rates and markets. Markets have fully priced for the Federal Reserve to begin interest rate cuts in September, with the central bank's next meeting set for Sept. 17-18.

A slew of U.S. data is due this week, including the purchasing managers' index, factory orders, jobless claims, nonfarm payrolls and the unemployment rate.Want a well-diversified portfolio? Here's how to create one, according to a Morningstar portfolio managerIn Europe, data released by the British Retail Consortium showed total sales were up 1% year on year in August — a moderation from 4.1% growth in the same month of 2023. Food sales were up 2.

"Despite summer finally making an appearance, and a slight uptick in consumer confidence, shoppers did not catch-up their spending during August, with total sales growth of only 1% reflecting the challenging retail environment that is likely to dominate for the rest of this year," said Linda Ellett, U.K. head of consumer, retail and leisure at KPMG.

"Consumer sentiment is gradually starting to improve, but there still remains some nervousness around potential tax rises and the cost of putting the heating back on when the cooler weather arrives."were little changed Monday night as traders braced themselves for a potentially tough month ahead after a strong but volatile August.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

World Markets FTSE MIB CAC 40 Index DAX FTSE 100 London Economic Events Prices United States STOXX 600 Business News

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NYT Connections: hints and answers for Tuesday, August 27NYT Connections: hints and answers for Tuesday, August 27Connections is the new puzzle game from the New York Times, and it can be quite difficult. If you need a hand with solving today's puzzle, we're here to help.
Read more »

NYT Strands today: hints, spangram and answers for Tuesday, August 27NYT Strands today: hints, spangram and answers for Tuesday, August 27Strands is a tricky take on the classic word search from NYT Games. If you're stuck and cannot solve today's puzzle, we've got help for you here.
Read more »

NYT Crossword: answers for Tuesday, August 27NYT Crossword: answers for Tuesday, August 27The New York Times crossword puzzle can be tough! If you're stuck, we're here to help with a list of today's clues and answers.
Read more »

Today’s NYT Mini Crossword Clues And Answers For Tuesday, August 27thToday’s NYT Mini Crossword Clues And Answers For Tuesday, August 27thErik Kain is a writer and critic covering TV shows, movies, video games and books primarily in the 'genre' category including fantasy, science-fiction, mysteries, thrillers, post-apocalytpic stories and more. He was a 2014 Shorty Award finalist. His work has appeared in The Atlantic, Mother Jones and The National Review.
Read more »

Today’s ‘Wordle’ #1165 Hints, Clues And Answer For Tuesday, August 27thToday’s ‘Wordle’ #1165 Hints, Clues And Answer For Tuesday, August 27thErik Kain is a writer and critic covering TV shows, movies, video games and books primarily in the 'genre' category including fantasy, science-fiction, mysteries, thrillers, post-apocalytpic stories and more. He was a 2014 Shorty Award finalist. His work has appeared in The Atlantic, Mother Jones and The National Review.
Read more »

San Diego's Weather Forecast for August 26, 2024: Warmer Tuesday for parts of the countySan Diego's Weather Forecast for August 26, 2024: Warmer Tuesday for parts of the countyMegan Parry joined the ABC 10News team in 2014 as an esteemed meteorologist with a passion for delivering accurate weather forecasts and engaging with her community.
Read more »



Render Time: 2025-02-16 10:50:03