Hong Kong Trade Data Due On Tuesday
(RTTNews) - Hong Kong will on Tuesday release July figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In June, imports were up 9.0 percent on month and exports jumped 10.7 percent for a trade deficit of 55.7 billion HKD.
China will provide July figures for industrial profits; in June, profits were up 3.5 percent on year.
Japan will see July numbers for producer prices, with forecasts suggesting an increase of 2.9 percent on year - easing from 3.0 percent in June.
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U.S. Construction Spending Unexpectedly Flat In November
With an uptick by spending on private construction offset by a dip in spending on public construction, the Commerce Department released a report on Thursday showing U.S. construction spending was virtually unchanged in the month of November. The Commerce Department construction spending crept up by less than a tenth of a percent to an annual rate of $2.153 trillion in November.
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6h 10min ago
U.S. Weekly Jobless Claims Unexpectedly Dip To Eight-Month Low
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 28th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 211,000, a decrease of 9,000 from the previous week's revised level of 220,000.
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7h 1min ago
U.S. Weekly Jobless Unexpectedly Claims Dip To 211,000
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 28th, according to a report released by the Labor Department on Thursday.
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7h 57min ago
Bay Street Likely To Open First Session Of 2025 On Positive Note
Higher Canadian and U.S. futures and rising crude oil and bullion prices indicate a positive open for the Canadian market Thursday morning. Weak manufacturing activity data from major European countries may hurt a bit.
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8h 36min ago
UK Nationwide House Price Growth Tops Expectations
UK house prices posted a faster-than-expected growth and ended 2024 on a strong footing, the Nationwide Building Society said Thursday. House prices grew 4.7 percent year-on-year in December, faster than the 3.7 percent increase in November and also stronger than economists' forecast of 3.8 percent gain.
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9h 12min ago
FTSE Up Marginally In Cautious Trade After Weak Manufacturing Data
After opening slightly up and advancing further, UK stocks pared gains Thursday morning and are mostly subdued a little before noon as investors react to data showing a sharp contraction in the nation's manufacturing activity in the month of December.
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9h 51min ago
CAC Down 1 P.c. As Stocks Fall On Weak Manufacturing Data
French stocks are down firmly in negative territory in late morning trades on Thursday, extending early losses after data showed a sharp decline in the nation's manufacturing activity in the month of December.
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10h 34min ago
Eurozone Manufacturing Sector Continues To Shrink
The euro area manufacturing sector continued to shrink in December on accelerated contractions in both orders and output, final data compiled by S&P Global showed on Thursday. The HCOB manufacturing Purchasing Managers' Index fell slightly to a three-month low of 45.1 in December from 45.2 in November. The flash reading was 45.2.
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10h 36min ago
