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South Korea Shares May Open In The Red On Friday
The South Korea stock market bounced higher again on Thursday, one day after snapping the two-day winning streak in which it had advanced almost 45 points or 1.9 percent. The KOSPI now rests just above the 2,470-point plateau although it may hand back those gains on Friday.
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Před 143 dny
Japan Inflation Data Due On Friday
Japan will on Friday release March figures for national consumer prices, highlighting a light day for Asia-Pacific economic activity.
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Před 143 dny
Euro Falls As ECB Cuts Interest Rates Again
The euro declined against its most major counterparts in the New York session on Thursday, as the European Central Bank slashed its key interest rates by a quarter basis point and warned of 'deteriorated' growth outlook due to trade tensions.
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Před 143 dny
Swiss Markets Settles Higher After Choppy Session
The Switzerland market closed on a positive note on Thursday with investors digesting some corporate earnings updates and reacting to the European Central Bank's rate cut decision.
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Před 143 dny
European Stocks Close Broadly Lower
European stocks pared some early losses on Thursday but still ended the day's trading session mostly weak. Worries about trade tensions and tariff uncertainty, and reluctance to pick up stocks ahead of a long weekend contributed to the weakness in the markets.
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Před 143 dny
Canadian Market Modestly Higher As Energy Stocks Shine
The Canadian market, which retreated after an early upmove Thursday morning, gained in strength in late morning trades. However, with a long weekend ahead, and the trade policy of U.S. President Donald Trump remaining uncertain, the mood in the market is quite cautious so far.
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Před 143 dny
Philly Fed Index Plummets To Two-Year Low In April
The Federal Reserve Bank of Philadelphia released a report on Thursday showing a steep drop by its reading on regional manufacturing activity in the month of April. The Philly Fed said its diffusion index for current general activity plummeted to a negative 26.4 in April from a positive 12.5 in March, with a negative reading indicating contraction.
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Před 143 dny
more news
U.S. Weekly Jobless Claims Unexpectedly Dip To Two-Month Low
First-time claims for U.S. unemployment benefits unexpectedly saw a modest decrease in the week ended April 12th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 215,000, a decrease of 9,000 from the previous week's revised level of 224,000.
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Před 143 dny
ECB Cuts Interest Rates By 25 Bps Again Despite 'Exceptional Uncertainty'
The European Central Bank slashed its key interest rates by a quarter basis point on Thursday, as expected, as policymakers assessed that disinflation remains on track but acknowledged that the significant uncertainty due to the escalation in the tariff war is going to hurt the Eurozone economic outlook.
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Před 143 dny
U.S. Housing Starts Plunge 11.4% In March, Much More Than Expected
A report released by the Commerce Department on Thursday showed new residential construction in the U.S. pulled back by much more than expected in the month of March. The Commerce Department said housing starts plunged by 11.4 percent to an annual rate of 1.324 million in March after surging by 9.8 percent to a revised rate of 1.494 million in February.
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Před 143 dny
Turkey Unexpectedly Lifts Rate By 350 Bps
The Turkish central bank raised its key interest rate in a surprise move on Thursday, reversing the sharp easing cycle that began last December, and also expressed preparedness to keep the policy tight. The Monetary Policy Committee, headed by Yasar Fatih Karahan, decided to raise the policy rate to 46.0 percent from 42.5 percent.
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Před 143 dny
Philly Fed Index Plummets Much More Than Expected In April
The Federal Reserve Bank of Philadelphia released a report on Thursday showing a steep drop by its reading on regional manufacturing activity in the month of April.
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Před 143 dny
U.S. Housing Starts Plunge Much More Than Expected In March
A report released by the Commerce Department on Thursday showed new residential construction in the U.S. pulled back by much more than expected in the month of March.
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Před 143 dny
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