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.
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US Employers Cut 28% More Jobs In January: Challenger Report
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Bank Of England Cuts Rate By 25 Bps, Sees Modest Growth In Q1
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Societe Generale Q4 Profit Surges, Sees Growth In FY25; Plans Dividend, Buyback; Stock Up
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U.S. Labor Productivity, Unit Labor Costs Jump Less 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.
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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.
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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.
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