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German Inflation Climbs More Than Expected Dampening Bigger Rate Cut Hopes
Consumer price inflation in Germany increased more than expected to its highest level in three months in October and the core figure moved closer to 3 percent, damping expectations for a bigger size interest rate cut from the European Central Bank.
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81 วันที่ผ่านมา
Swiss Market Ends Notably Lower
The Switzerland market ended notably lower on Wednesday after languishing in negative territory right through the day's session, as investors reacted to weak economic data, digested a slew of corporate earnings announcements, and looked ahead to some key U.S. economic data due later in the week.
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81 วันที่ผ่านมา
U.S. Dollar Retreats As GDP Growth Slows
The U.S. dollar pulled back against its major counterparts in the New York session on Wednesday, as a slowdown in GDP growth outweighed optimism about strong ADP data.
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81 วันที่ผ่านมา
European Stocks Close Lower As Investors React To Economic Data, Earnings Updates
European stocks closed weak on Wednesday, with investors reacting to a slew of economic data from the region, the UK budget, and corporate earnings updates, in addition to closely tracking U.S. economic data and following the developments on the geopolitical front.
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81 วันที่ผ่านมา
U.S. Pending Home Sales Spike Much More Than Expected In September
Pending home sales in the U.S. spiked by much more than expected in the month of September, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index soared by 7.4 percent to 75.8 in September after climbing by 0.6 percent to 70.6 in August. Economists had expected pending home sales to jump by 1.1 percent.
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81 วันที่ผ่านมา
GSK Q3 Results Down, Sees FY24 Outlook At Mid Range; Stock Drops
Shares of GSK plc were losing more than 4 percent on the London Stock Exchange as well as in the early morning trading on the NYSE after the British drug maker reported Wednesday sharply lower profit in its third quarter on $2.3 billion charge on Zantac settlement, as well as weak revenues. Further, GSK confirmed its fiscal 2024 outlook for earnings, core profit and sales.
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81 วันที่ผ่านมา
U.S. Economic Growth Unexpectedly Slows Modestly In Q3
A report released by the Commerce Department on Wednesday showed U.S. economic growth unexpectedly slowed in the third quarter. The Commerce Department said gross domestic product shot up by 2.8 percent in the third quarter after surging by 3.0 percent in the second quarter. Economists had expected another 3.0 percent jump.
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81 วันที่ผ่านมา
more news
Euroarea Logs Faster GDP Growth In Q3 Despite Recession Worries
The Eurozone economic growth improved unexpectedly in the third quarter, easing fears of an imminent recession as Germany, France and Spain registered better-than-expected growth. Gross domestic product increased 0.4 percent on a quarterly basis, the preliminary flash estimate from Eurostat showed Wednesday. GDP was expected to log 0.2 percent growth, the same rate as seen in the second quarter.
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81 วันที่ผ่านมา
U.S. Private Sector Employment Surges By 233,000 Jobs In October, Much More Than Expected
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. shot up by much more than anticipated in the month of October. ADP said private sector employment surged by 233,000 jobs in October after jumping by an upwardly revised 159,000 jobs in September. Economists had expected private sector employment to climb by 115,000 jobs.
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81 วันที่ผ่านมา
U.S. Gross Domestic Product Jumps Less Than Expected In Q3
A report released by the Commerce Department on Wednesday showed U.S. economic growth unexpectedly slowed in the third quarter.
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81 วันที่ผ่านมา
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Wednesday morning, reacting to corporate earnings updates and key economic data from the U.S. Energy stocks may move up on firm crude oil prices.
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81 วันที่ผ่านมา
German Economy Avoids Recession In Q3
The German economy avoided a technical recession in the third quarter, thanks to household and government consumption, preliminary estimate from Destatis showed Wednesday. Gross domestic product grew 0.2 percent from a quarter ago, confounding expectations for a contraction of 0.1 percent. However, the statistical office downwardly revised the fall for the second quarter to 0.3 percent from 0.1 p
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81 วันที่ผ่านมา
U.S. Private Sector Employment Surges Much More Than Expected In October
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. shot up by much more than anticipated in the month of October.
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81 วันที่ผ่านมา
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