European Economic News Preview: UK Retail Sales Data Due

U.S. Wholesale Inventories Inch Up Less Than Expected In June

Wholesale inventories in the U.S. crept up by less than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said wholesale inventories inched up by 0.1 percent in June after falling by 0.3 percent in May. Economists had expected wholesale inventories to rise by 0.2 percent, in line with the preliminary estimate.

RTTNews | 2h 45min atrás

U.S. Labor Productivity Rebounds Roughly In Line With Estimates In Q2

Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday. The report said labor productivity shot up by 2.4 percent in the second quarter after tumbling by a downwardly revised 1.8 percent in the first quarter.

RTTNews | 3h 16min atrás

U.S. Jobless Claims Rise More Than Expected To 226,000

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 2nd. The Labor Department said initial jobless claims climbed to 226,000, an increase of 7,000 from the previous week's revised level of 219,000.

RTTNews | 3h 27min atrás

Bank Of England Cuts Rate In Tight Vote

The Bank of England reduced its benchmark interest rate in a close call on Thursday suggesting that the monetary easing cycle is nearing an end as policymakers became more concerned about persistent inflation. The Monetary Policy Committee, headed by BoE Governor Andrew Bailey, voted 5-4 to cut the bank rate by 25 basis points to 4.00 percent.

RTTNews | 4h 24min atrás

Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street

Canadian shares are likely to open higher Thursday morning, tracking positive global cues and higher commodity prices.

RTTNews | 5h 6min atrás

U.S. Labor Productivity Surges 2.4% In Second Quarter

Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday.

RTTNews | 5h 13min atrás

U.S. Weekly Jobless Claims Rise More Than Expected

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 2nd.

RTTNews | 5h 20min atrás

Pound Jumps After BoE Rate Decision

The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.

RTTNews | 5h 48min atrás

EURUSD	1.16359	GBPUSD	1.34231	AUDUSD	0.65028
USDJPY	147.429	USDCAD	1.37533	USDCHF	0.80772

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European Economic News Preview: UK Retail Sales Data Due