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Australia Home Loan Data Due On Friday
Australia will on Friday release December figures for home loans, highlighting a modest day for Asia-Pacific economic activity. In November, loans were down 2.0 percent on month and investment lending slipped 3.6 percent.
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vor 740 Tagen
Australia Services PMI Improves To 48.6 In January - Judo Bank
The services sector in Australia continued to contract in January, albeit at a slower pace, the latest survey from Judo Bank revealed on Friday with a services PMI score of 48.6.
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vor 740 Tagen
Dollar Rises Against Major Rivals
After exhibiting weakness in the Asian session on Thursday, the U.S. dollar gained in strength as the day progressed and scored fairly strong gains against its major counterparts.
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vor 740 Tagen
Canadian Market Pares Early Gains; Healthcare, Technology Stocks Stay Firm
The Canadian market is turning in a mixed performance Thursday afternoon, after having surged higher earlier in the day, aided by gains in healthcare, technology and industrials sectors.
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vor 740 Tagen
Swiss Market Fails To Hold Early Gains, Ends Marginally Down
After opening higher, the Switzerland stock market slipped into the red around noon and stayed weak right till the end of the session on Thursday, with investors largely making cautious moves, despite positive global cues.
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vor 740 Tagen
European Stocks Close Higher After ECB, BoE Announce Rate Decisions
European stocks closed higher on Thursday with investors digesting the monetary policy announcements from the European Central Bank (ECB) and the Bank of England (BoE), and reacting to the Federal Reserve's interest rate decision, and Fed Chief Jerome Powell's comments.
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vor 740 Tagen
ECB's Lagarde Says Eurozone Economy To Remain Weak In Near Term
European Central Bank President Christine Lagarde said on Thursday that euro area economic activity is set to remain sluggish in the near term and the unemployment could rise further in the face of slower job creation, as policymakers decided to continue hiking interest rates in a steady manner.
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vor 740 Tagen
more news
Euro Down After ECB Decision
The euro declined against its major rivals in the European session on Thursday, as investors digested the European Central Bank's decision to raise its key interest rates by 50 basis points, as expected.
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vor 740 Tagen
U.S. Factory Orders Show Notable Rebound In December
After reporting a steep drop in new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Thursday showing a notable rebound in factory orders in the month of December.
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vor 740 Tagen
Bank Of England Hikes Rate By 50 Bps; Softens Guidance
The Bank of England raised its benchmark rate by a half percentage point on Thursday citing stronger-than-expected wage growth but softened its stance on future tightening as inflation is set to return to the target in medium term. The Monetary Policy Committee voted 7-2 to raise the bank rate by 50 basis points to 4.00 percent, the highest since 2008.
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vor 740 Tagen
U.S. Labor Productivity Surges 3.0% In Q4, More Than Expected
A report released by the Labor Department on Thursday showed U.S. labor productivity surged by more than expected in the fourth quarter of 2022. The Labor Department said labor productivity spiked by 3.0 percent in the fourth quarter after jumping by an upwardly revised 1.4 percent in the third quarter.
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vor 740 Tagen
U.S. Jobless Claims Unexpectedly Show Another Modest Decrease
The Labor Department released a report on Thursday unexpectedly showing another modest decrease by first-time claims for U.S. unemployment benefits in the week ended January 28th. The report said initial jobless claims edged down to 183,000, a decrease of 3,000 from the previous week's unrevised level of 186,000.
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vor 740 Tagen
ECB Delivers 50 Bps Hike, Signals Repeat In March
The European Central Bank raised its key interest rates by 50 basis points on Thursday, in line with expectations, and signaled that policymakers plan to repeat the move in March, when they will evaluate the future path of policy rates. The Governing Council, led by ECB President Christine Lagarde, had slowed the pace of interest rate hikes to 50 basis points from 75 basis points in December.
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vor 740 Tagen
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