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U.S. Consumer Sentiment Improves More Than Expected In September

U.S. Consumer Sentiment Improves More Than Expected In September

Consumer sentiment in the U.S. has improved by more than anticipated in the month of September, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index rose to 69.0 in September from 67.9 in August, while economists had expected the index to inch up to 68.0.
RTTNews | Pred 37 dňami
U.S. Import Prices Dip 0.3% In August, Slightly More Than Expected

U.S. Import Prices Dip 0.3% In August, Slightly More Than Expected

A report released by the Labor Department on Friday showed import prices in the U.S. decreased by slightly more than expected in the month of August. The Labor Department said import prices fell by 0.3 percent in August after inching up by 0.1 percent n July. Economists had expected import prices to dip by 0.2 percent.
RTTNews | Pred 37 dňami
Russia Hikes Key Rate Unexpectedly By 100 Bps

Russia Hikes Key Rate Unexpectedly By 100 Bps

The Bank of Russia lifted its benchmark rate by 100 basis points on Friday as inflationary pressures remained elevated and domestic demand expanded significantly. The board of directors, led by Governor Elvira Nabiullina, raised the key rate to 19.00 percent from 18.00 percent. This was the second consecutive rate hike. The bank was expected to maintain status quo.
RTTNews | Pred 37 dňami
Bay Street Seen Opening Higher

Bay Street Seen Opening Higher

Canadian stocks are likely to open higher Friday morning, after climbing to a record high in the previous session amid hopes of a larger interest rate cut by the Federal Reserve next week after recent data on U.S. core consumer price index and producer price index.
RTTNews | Pred 37 dňami
Boeing Union Members Begin Strike; Stock Drops

Boeing Union Members Begin Strike; Stock Drops

Boeing Co.'s about 33,000 machinists union members have started a strike on Friday after majority of them voted to reject a proposed four-year contract by the aerospace and defence major. The first strike at the firm since 2008 is expected to hit the commercial airplane production of the aircraft manufacturer, which is already struggling with its various plane safety issues.
RTTNews | Pred 37 dňami
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Eurozone Industrial Output Falls Less Than Forecast

Eurozone Industrial Output Falls Less Than Forecast

Eurozone industrial production declined in July but at a slower-than-expected pace due to the rebound in non-durable consumer goods output, data from Eurostat revealed on Friday. Industrial production fell 0.3 percent on a monthly basis in July after remaining flat in June. Output was forecast to decrease 0.6 percent.
RTTNews | Pred 37 dňami
FTSE 100 Little Changed With Focus On BoE Meeting

FTSE 100 Little Changed With Focus On BoE Meeting

U.K. stocks were little changed on Friday after a Bank of England survey showed British public's expectations for inflation over the coming year dropped to its lowest in three years.
RTTNews | Pred 38 dňami
CAC 40 Rises After Inflation Data

CAC 40 Rises After Inflation Data

French stocks traded higher on Friday as bond yields eased amid bets of an interest-rate cut at next week's Federal Reserve meeting.
RTTNews | Pred 38 dňami
DAX Gains With Focus On Fed Meeting

DAX Gains With Focus On Fed Meeting

German stocks were modestly higher on Friday, heading into next week's FOMC meeting, where a 25-bps interest-rate cut is expected.
RTTNews | Pred 38 dňami

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