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Philly Fed Index Drops Less Than Expected In March
A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall but was less widespread in the month of March.
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U.S. Weekly Jobless Claims Inch Slightly Higher
First-time claims for U.S. unemployment benefits crept slightly higher in the week ended March 15th, according to a report released by the Labor Department on Thursday.
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FTSE Down Marginally Ahead Of BoE Announcement
UK stocks are down slightly in cautious trade on Thursday ahead of the Bank of England's monetary policy announcement.
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Před 65 dny
CAC 40 Down 1.2%; Eurofins Scientific Rises Over 6% On Buyback Plan
French stocks are down in negative territory on Thursday, in line with other markets in Europe, with investors cashing in recent gains. Worries about the impact of tariffs and geopolitical tensions appear to be weighing as well.
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Před 65 dny
UK Jobless Rate Remains Stable
The UK unemployment rate remained stable and wages continued to log strong growth in the three months to January period, official data revealed on Thursday. The ILO unemployment rate registered 4.4 percent in November to January, unchanged from the preceding period, figures from the Office for National Statistics showed. The rate matched expectations.
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Swiss Franc Falls As SNB Slashes Rates By 25 Bps
The Swiss franc weakened against other major currencies in the European session on Thursday, after the Swiss National Bank trimmed its interest rate for the fifth consecutive meeting to the lowest since September 2022, amid heightened downside risks to inflation.
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Před 65 dny
Sensex, Nifty Extend Gains For Fourth Day
Indian shares rallied on Thursday to extend gains for a fourth straight session after the U.S. Federal Reserve signaled the possibility of two rate cuts by the end of the year, given increased uncertainty around the economic outlook.
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more news
Pound Drops After U.K. UK Employment Data; BoE Rate Decision Eyed
The British pound weakened against most major currencies in the European session on Thursday, following the release of the U.K.'s labor market data for January.
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Před 65 dny
DAX Tumbles More Than 1%
German stocks are sliding down south on Thursday with investors choosing to take profits at several counters after recent gains. The reform plan and the passage of a bill that paves way for the creation of a massive fund for infrastructure and climate spending had pushed up stock prices earlier in the week.
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Před 65 dny
Swiss Central Bank Cuts Policy Rate To Lowest Since 2022
The Swiss National Bank trimmed its interest rate for the fifth consecutive meeting on Thursday, amid heightened downside risks to inflation. The policy board, led by President Martin Schlegel, lowered the policy rate by 25 basis points to 0.25 percent from 0.50 percent. This followed a 50 basis point cut in December. The bank has reduced the key rate by 150 basis points since March 2024.
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Před 65 dny
European Shares Mixed Ahead Of BoE Rate Decision
European stocks were mixed on Thursday ahead of the Bank of England's rate decision due later in the session, with the central bank widely expected to keep interest rates on hold due to tariff uncertainties and the British government's impending tax hike for employers.
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Před 65 dny
Swiss Franc Falls Against Majors
The Swiss franc weakened against other major currencies in the European session on Thursday.
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Před 65 dny
Asian Shares Mixed In Thin Holiday Trade
Asian stocks ended mixed in thin trade on Thursday, with Japanese markets closed for a holiday. Chinese and Hong Kong markets fell as the People's Bank of China kept the 1-year loan prime rate at 3.1 percent and the 5-year LPR at 3.6 percent despite economic concerns.
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Před 65 dny
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