South Korea Current Account Data Due On Tuesday
(RTTNews) - South Korea will on Tuesday release April figures for current account, highlighting a light day for Asia-Pacific economic activity. In March, the current account surplus was $6.93 billion.
Japan will see May figures for its M2 money stock, with forecasts suggesting an increase of 2.1 percent on year, easing from 2.2 percent in April.
Australia will see May results for the surveys for business confidence and condition from NAB; in April, their scores were +1 and +7.
Indonesia will provide April figures for retail sales; in March, sales were up 9.3 percent on year.
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U.S. Wholesale Inventories Dip Slightly More Than Expected In September
The Commerce Department released a report on Thursday showing wholesale inventories in the U.S. fell by slightly more than expected in the month of September. The report said wholesale inventories slipped by 0.2 percent in September after rising by 0.2 percent in August. Economists had expected wholesale inventories to edge down by 0.1 percent.
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5h 52min atrás
U.S. Labor Productivity Surges 2.2% In Q3, Slightly Less Than Expected
Labor productivity in the U.S. increased by slightly less than expected in the third quarter, according to a report released by the Labor Department on Thursday, while unit labor costs rose by much more than expected. The Labor Department said labor productivity shot up by 2.2 percent in the third quarter after surging by a downwardly revised 2.1 percent in the second quarter.
RTTNews
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6h 0min atrás
U.S. Weekly Jobless Claims Rebound Modestly From Five-Month Low
A report released by the Labor Department on Thursday showed a modest rebound by first-time claims for U.S. unemployment benefits in the week ended November 2nd. The Labor Department said initial jobless claims crept up to 221,000, an increase of 3,000 from the previous week's revised level of 218,000. The uptick came a week after jobless claims dropped to their lowest level since May.
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6h 4min atrás
Bank Of England Cuts Rate By 25 Bps; Future Easing To Be Gradual
The Bank of England reduced its benchmark rate for the second time this year citing continued progress in disinflation but suggested that further easing is set to be gradual as the last week's budget has upward impact on inflation. The Monetary Policy Committee decided to lower the rate by 25 basis points to 4.75 percent. The outcome of the two-day meeting matched expectations.
RTTNews
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7h 12min atrás
U.S. Labor Productivity Surges Slightly Less Than Expected In Q3
Labor productivity in the U.S. increased by slightly less than expected in the third quarter, according to a report released by the Labor Department on Thursday, while unit labor costs rose by much more than expected.
RTTNews
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7h 28min atrás
U.S. Weekly Jobless Claims Inch Up To 221,000
A report released by the Labor Department on Thursday showed a modest rebound by first-time claims for U.S. unemployment benefits in the week ended November 2nd.
RTTNews
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7h 34min atrás
ArcelorMittal Stock Up On Demand Growth View, Despite Weak Q3
ArcelorMittal S.A. Thursday reported sharply lower profit in its third quarter as revenues were hit by weak production, shipments and steel prices. Going ahead, the company projects increased demand in the second half as well as over the medium/long-term. The steel major's shares were gainig around 6 percent on the Amsterdam trading, and around 5 percent in the pre-market activity on the NYSE.
RTTNews
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7h 50min atrás
Bay Street May Open Higher; Fed Policy Announcement In Focus
Canadian shares may open higher Thursday morning, tracking largely positive European stocks, but weak commodity prices could weigh on energy and materials sectors and limit market's upside. The focus will be on the Federal Reserve's policy announcement later in the day.
RTTNews
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8h 14min atrás
