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U.S. Dollar Spikes Up After PCE Data
The U.S. dollar firmed against its major counterparts in the New York session on Friday, as a key inflation reading matched expectations, supporting expectations for a rate cut next month.
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128 วันที่ผ่านมา
U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In August
Consumer sentiment in the U.S. improved by slightly more than previously estimated in the month of August, the University of Michigan revealed in a report released on Friday. The University of Michigan said its consumer sentiment index for August was upwardly revised to 67.9 from the preliminary reading of 67.8.
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128 วันที่ผ่านมา
UK Mortgage Approvals Near 2-Year High
UK mortgage approvals increased to a 22-month high in July as hopes of further interest rate cuts lured buyers to the housing market, data released by the Bank of England revealed Friday. Net mortgage approvals for house purchase rose to 62,000 in July from 60,600 in June. This was the highest since September 2022 and also exceeded economists' forecast of 60,500.
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128 วันที่ผ่านมา
Chicago Business Barometer Rises But Still Indicates Contraction In August
A reading on Chicago-area business activity saw a modest increase in the month of August but continues to indicate contraction, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer crept up to 46.1 in August from 45.3 in July, but a reading below 50 still indicates contraction.
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128 วันที่ผ่านมา
U.S. Consumer Prices Increase In Line With Estimates In July, Annual Growth Unexpectedly Flat
A highly anticipated report released by the Commerce Department on Friday showed U.S. consumer prices increased in line with economist estimates in the month of July, while the annual rate of price growth was unexpectedly flat. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after inching up by 0.1 percent in June.
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128 วันที่ผ่านมา
German Unemployment Rises Less Than Forecast
German unemployment increased less than expected in August despite weak economic activity, official data revealed Friday. The jobless rate stood at 6.0 percent in August, the same rate as seen in July and June, the Federal Employment Agency reported.
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128 วันที่ผ่านมา
U.S. Consumer Prices Increases In Line With Estimates In July
A highly anticipated report released by the Commerce Department on Friday showed U.S. consumer prices increased in line with economist estimates in the month of July, while the annual rate of price growth was unexpectedly flat.
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128 วันที่ผ่านมา
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Bay Street Likely To Open On Mixed Note
Canadian shares may open on mixed note Friday morning with investors tracking global stocks and commodity prices, and reacting to Canadian GDP report and U.S. PCE price index reading.
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128 วันที่ผ่านมา
French Inflation Slows To 3-Year Low; Economy Logs Slower-Than-Estimated Growth
French inflation slowed to a three-year low in August due to the sharp slowdown in energy price growth and the economy registered a slower-than-initially estimated growth in the second quarter on weaker contribution from trade and subdued investment, official data revealed Friday. The consumer price index posted an annual increase of 1.9 percent after rising 2.3 percent in July, provisional data
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128 วันที่ผ่านมา
Sensex, Nifty Scale New Highs On Optimism About US Economy
Indian shares hit new record highs on Friday as positive U.S. labor market and GDP data pointed to a soft landing for the world's largest economy.
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128 วันที่ผ่านมา
Eurozone Inflation Lowest Since Mid-2021
Eurozone inflation softened to the lowest since mid-2021 in August on a fall in energy prices, adding chances of another interest rate cut by the European Central Bank. The harmonized index of consumer prices rose 2.2 percent on a yearly basis in August, slower than July's 2.6 percent increase, flash data from Eurostat showed Friday. This was the lowest since July 2021 and also matched expectati
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128 วันที่ผ่านมา
European Shares Extend Gains As Inflation Falls To 3-year Low
European stocks were moving higher on Friday as traders digested a slew of regional data and looked ahead to the release of core PCE price index, a key U.S. inflation measure, due later in the day for further direction.
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128 วันที่ผ่านมา
FTSE 100 Edges Higher Ahead Of US Inflation Data
U.K. stocks eked out modest gains to hit a three-month high on Friday as investors await the release of the core PCE price index, a key U.S. inflation measure, due later in the day.
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128 วันที่ผ่านมา
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