Forex News
U.S. Weekly Jobless Claims Inch Up Less Than Expected To 216,000
The Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended December 17th. The report said initial jobless claims crept up to 216,000, an increase of 2,000 from the previous week's revised level of 214,000.
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775 days ago
Bank Indonesia Slows Rate Hikes As Inflation Remains High
Indonesia's central bank decided to raise its key interest rate for the fifth policy session at its December meeting, though at a slower pace than in the previous months, as inflation came off slightly from highs due to a modest easing in energy prices and the pace of economic growth is forecast to slow next year in the backdrop of a global slowdown.
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775 days ago
U.S. GDP Unexpectedly Jumps More Than Previously Estimated In Q3
U.S. economic activity unexpectedly jumped more than previously estimated in the third quarter, according to revised data released by the Commerce Department on Thursday.
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775 days ago
U.S. Weekly Jobless Claims Inch Up To 216,000
The Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended December 17th.
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775 days ago
Bay Street Likely To See Cautious Open
The Canadian market is likely to open on a cautious note on Thursday with investors looking for direction.
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775 days ago
Pound Eases As U.K. Economy Shrinks More Than Expected
The pound retreated against its major counterparts in European deals on Thursday, as the UK economy contracted more than initially estimated in the third quarter, raising the risk of a recession.
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775 days ago
Turkish Central Bank Holds Rates Unchanged, Erdogan Raises Minimum Wage By 55%
Turkey's central bank left its key interest rates unchanged on Thursday after lowering them sharply over the past four meetings as President Recep Tayyip Erdogan in Ankara raised the monthly minimum wage by nearly 55 percent to support households reeling under the pressure of rising cost of living and sky-rocketing inflation.
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775 days ago
more news
UK Economy Headed For Long Recession? Revised GDP Fall Signals Hard Times Likely
The UK economy contracted more than estimated in the third quarter on downward revisions to industrial and construction output, vindicating the start of a long recession. The quarterly decline in gross domestic product was revised to -0.3 percent from -0.2 percent, revised data from the Office for National Statistics showed on Thursday.
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775 days ago
Sensex, Nifty Extend Declines For Third Day
Indian shares fell for a third straight session on Thursday, with COVID-related fears and rising oil prices weighing on sentiment.
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775 days ago
European Shares Extend Gains, Tracking Wall Street's Overnight Rally
European stocks rose on Thursday after U.S. stocks posted strong gains overnight, helped by strong earnings from some major companies and positive consumer-confidence data.
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775 days ago
Australian, NZ Dollars Advance As China Pledges Stimulus Measures
The Australian and NZ dollars climbed against their major counterparts in the Asian session on Thursday, as Chinese authorities promised to implement measures to boost growth and property market next year.
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775 days ago
FTSE 100 Gains Led By Banks And Energy Stocks
U.K. stocks were moving higher on Thursday, with banks and energy stocks leading the surge.
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775 days ago
CAC 40 Extends Gains On Boost From Upbeat US Consumer Confidence Data
French stocks advanced on Thursday after a measure of U.S. consumer confidence bounced back in December and Beijing used a series of meetings to underline the country's pivot towards a focus on growth.
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775 days ago
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