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Japan Inflation Data Due On Friday
Japan will on Friday release May data for nationwide inflation, highlighting a light day for Asia-Pacific economic activity.
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Před 137 dny
TSX Ends Modestly Higher As Materials Stocks Rally
The Canadian market ended modestly higher on Thursday after staying positive right through the day's session, supported largely by gains in materials, and select healthcare and industrials stocks.
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Před 137 dny
Canadian Market Modestly Higher; Materials Shares Rise On Firm Metal Prices
The Canadian market is modestly higher Thursday afternoon, led by gains in materials stocks thanks to firm metal prices. The undertone remains fairly positive amid optimism about interest rate cuts by central banks.
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Před 137 dny
Swiss Market Ends On Firm Note After SNB Lowers Interest Rate
The Switzerland market ended on a firm note on Thursday, after the Swiss National Bank lowered its key policy rate by 25 basis points for the second consecutive meeting, citing easing underlying inflationary pressures.
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Před 137 dny
European Stocks Close On Strong Note After BoE, SNB Policy Announcements
European stocks closed higher on Thursday with investors reacting positively to monetary policy announcements from the Bank of England and the Swiss National Bank.
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Před 137 dny
U.S. Dollar Climbs As Jobless Claims Drop
The U.S. dollar was higher against its major counterparts in the New York session on Thursday, as initial jobless claims declined in the week ended June 15.
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Před 137 dny
Eurozone Consumer Confidence Improves For Fifth Month
Pessimism among euro area consumers lessened for a fifth month in a row in June and their confidence was the highest in over two years as the European Central Bank cut interest rates for the first time in five years.
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Před 138 dny
more news
Philly Fed Index Unexpectedly Indicates Slower Growth In June
The Federal Reserve Bank of Philadelphia released a report on Thursday showing an unexpected slowdown in the pace of growth by regional manufacturing activity in the month of June. The Philly Fed said its diffusion index for current general activity fell to 1.3 in June from 4.5 in May, although a positive reading still indicates growth. Economists had expected the index to inch up to 5.0.
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Před 138 dny
U.S. Housing Starts Unexpectedly Tumble To Nearly Four-Year Low In May
A report released by the Commerce Department on Thursday unexpectedly showed a steep drop in new residential construction in the U.S. in the month of May. The Commerce Department said housing starts plunged by 5.5 percent to an annual rate of 1.277 million in May after surging by 4.1 percent to a revised rate of 1.352 million in April.
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Před 138 dny
U.S. Weekly Jobless Claims Pull Back Slightly Less Than Expected
First-time claims for U.S. unemployment benefits saw a modest pullback in the week ended June 15th, according to a report released by the Labor Department on Thursday. The Labor Department said initial jobless claims dipped to 238,000, a decrease of 5,000 from the previous week's revised level of 243,000. Economists had expected jobless claims to fall to 235,000.
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Před 138 dny
Bank Of England Holds Rate At 16-Year High Despite Slowing Inflation
The Bank of England retained its key policy rate on Thursday at a 16-year high despite inflation easing to the 2 percent target as policymakers are still concerned about services inflation and wage growth. The Monetary Policy Committee, led by Governor Andrew Bailey, decided to hold the bank rate at 5.25 percent again in a split vote. The current bank rate is the highest since early 2008.
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Před 138 dny
Kearny Financial Promotes Keith Suchodolski To COO, Sean Byrnes To CFO
Kearny Financial Corp. (KRNY), the holding company for Kearny Bank, announced Thursday that the Board of Directors promoted Keith Suchodolski to Senior Executive Vice President and Chief Operating Officer, effective July 1, 2024.
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Před 138 dny
Kroger Backs FY24 Outlook As Q1 Adj. EPS Beat Estimates; Stock Up
Supermarket chain Kroger Co. on Thursday confirmed its fiscal 2024 adjusted earnings and identical sales outlook after the first-quarter adjusted earnings beat the Street estimates. Meanwhile, the company reported weak net profit and nearly flat revenues in its first quarter. In pre-market activity on the NYSE, Kroger shares were gaining around 3.9 percent.
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Před 138 dny
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