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Australia Producer Price Data Due On Friday
(RTTNews) - Australia will on Friday release Q4 figures for producer prices, setting the pace for a light day in Asia-Pacific economic activity. In the previous three months, producer prices rose 1.9 percent on quarter and 6.4 percent on year.
Australia also will see Q4 data for import and export prices; in the three months prior, import prices were up 3.0 percent on quarter and export prices fell 3.6 percent.
Japan will see January data for Tokyo inflation; in December, both overall inflation and core CPI were up 4.0 percent on year.
Finally, the markets in Taiwan and China remain closed for the Lunar New Year holiday they return to action on Monday.
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U.S. Existing Home Sales Dip Much Less Than Expected In August
Existing home sales in the U.S. saw a modest pullback in the month of August, according to a report released by the National Association of Realtors on Thursday. NAR said existing home sales dipped by 0.2 percent to an annual rate of 4.00 million in August after jumping by 2.0 percent to an annual rate of 4.01 million in July. Economists had expected existing home sales to slump by 1.3 percent.
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Před 12 minutami
U.S. GDP Surges 3.8% In Q2, Much More Than Previously Estimated
Revised data released by the Commerce Department on Thursday showed the U.S. economy unexpectedly grew by much more than previously estimated in the second quarter of 2025. The report said real gross domestic product spiked by 3.8 percent in the second quarter compared to the previously reported 3.3 percent surge. Economists had expected the pace of GDP growth to be unrevised.
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Před 16 minutami
U.S. Durable Goods Orders Unexpectedly Rebound In August
After reporting a sharp pullback by new orders for U.S. manufactured durable goods over the two previous months, the Commerce Department released a report on Thursday unexpectedly showing a significant rebound by durable goods orders in the month of August. The Commerce Department said durable goods orders shot up by 2.9 percent in August after tumbling by a revised 2.7 percent in July.
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Před 41 minutami
Starbucks To Close Coffeehouses, Cut 900 Jobs In $1 Bln Restructuring
As part of its "Back to Starbucks" strategy, Coffee giant Starbucks Corp. Thursday announced a $1 billion restructuring plan involving the closure of select coffeehouses and around 900 job cuts. In a filing with the U.S. Securities and Exchange Commission, the company said it estimates the $1 billion restructuring charges to be related to the store closures, support organization transformation,
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Před 50 minutami
U.S. Weekly Jobless Claims Unexpectedly Decrease To Two-Month Low
A report released by the Labor Department on Thursday unexpectedly showed an extended pullback by first-time claims for U.S. unemployment benefits in the week ended September 20th. The Labor Department said initial jobless claims fell to 218,000, a decrease of 14,000 from the previous week's revised level of 232,000. Economists had expected jobless claims to inch up to 235,000.
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Před 59 minutami
Swiss National Bank Pauses Policy Easing
The Swiss National Bank left its policy rate unchanged after easing for six straight meetings as higher US trade tariff dampened the economic outlook amid weak inflation.
The SNB retained its policy rate unchanged at zero percent, as widely expected. Banks' sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold.
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Před 1 h 26 min
U.S. GDP Surges Much More Than Previously Estimated In Q2
Revised data released by the Commerce Department on Thursday showed the U.S. economy unexpectedly grew by much more than previously estimated in the second quarter of 2025.
RTTNews
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Před 1 h 51 min
U.S. Durable Goods Orders Unexpectedly Surge 2.9% In August
After reporting a sharp pullback by new orders for U.S. manufactured durable goods over the two previous months, the Commerce Department released a report on Thursday unexpectedly showing a significant rebound by durable goods orders in the month of August.
RTTNews
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Před 1 h 57 min
