Australia Retail Sales Data Due On Wednesday

RTTNews | 758天前
Australia Retail Sales Data Due On Wednesday

(RTTNews) - Australia will on Wednesday release November numbers for retail sales, highlighting a modest day for Asia-Pacific economic activity. Retail sales are expected to rise 0.6 percent on month after slipping 0.2 percent in October.

Australia also will provide Q4 figures for consumer prices, with forecasts suggesting an annual increase of 7.0 percent - up from 6.9 percent in the three months prior.

Japan will see November results for its leading indexes; in October, it was at 98.6.

South Korea will release December data for unemployment; in November, the jobless rate was 2.9 percent.

Malaysia will provide November numbers for industrial production with forecasts suggesting an increase of 3.0 percent, slowing from 4.6 percent in October.

read more
U.S. Weekly Jobless Claims Rise More Than Expected To 219,000

U.S. Weekly Jobless Claims Rise More Than Expected To 219,000

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended February 1st. The report said initial jobless claims climbed to 219,000, an increase of 11,000 from the previous week's revised level of 208,000.
RTTNews | 6小時37分鐘前
U.S. Labor Productivity Growth Slows More Than Expected In Q4

U.S. Labor Productivity Growth Slows More Than Expected In Q4

A report released by the Labor Department on Thursday showed U.S. labor productivity and unit labor costs both increased by less than expected in the fourth quarter of 2024. The Labor Department said labor productivity climbed by 1.2 percent in the fourth quarter after surging by an upwardly revised 2.3 percent in the third quarter.
RTTNews | 7小時27分鐘前
US Employers Cut 28% More Jobs In January: Challenger Report

US Employers Cut 28% More Jobs In January: Challenger Report

Employers in the U.S. slashed more jobs in January compared to December, but the figure was the lowest recorded for the month in three years, the latest monthly report from the global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc showed on Thursday.
RTTNews | 8小時1分鐘前
Bank Of England Cuts Rate By 25 Bps, Sees Modest Growth In Q1

Bank Of England Cuts Rate By 25 Bps, Sees Modest Growth In Q1

The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a bigger reduction citing the sluggish U.K. economy and the heightening uncertainty over trade tariffs. The Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to reduce the benchmark bank rate to 4.50 percent from 4.75 percent.
RTTNews | 8小時5分鐘前
Societe Generale Q4 Profit Surges, Sees Growth In FY25; Plans Dividend, Buyback; Stock Up

Societe Generale Q4 Profit Surges, Sees Growth In FY25; Plans Dividend, Buyback; Stock Up

Shares of Societe Generale were gaining around 12 percent in the mid-day trading on the Paris Stock Exchange after the French banking major reported Thursday significantly higher profit in its fourth quarter, driven by increased banking income. The company also announced dividend and share buyback. For fiscal 2025, the company projects revenue growth of more than 3 percent from last year...
RTTNews | 8小時34分鐘前
Bay Street Likely To Open On Firm Note

Bay Street Likely To Open On Firm Note

Canadian stocks look headed for a positive start Thursday morning, tracking firm European markets and higher crude oil prices amid slightly easing concerns about trade war and tariffs. Investors are likely to focus on corporate earnings for direction.
RTTNews | 9小時4分鐘前
U.S. Weekly Jobless Claims Rise To 219,000

U.S. Weekly Jobless Claims Rise To 219,000

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended February 1st.
RTTNews | 9小時7分鐘前