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South Korea Trade Data On Tap For Friday
South Korea will on Friday release August figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity.
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vor 713 Tagen
U.S. Dollar Regains Ground Following Inflation Data
The value of the U.S. dollar has moved to the upside during trading on Thursday, regaining ground after moving notably lower earlier in the session.
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vor 713 Tagen
Swiss Market Erases Wednesday's Losses
The Swiss stock market bounced higher again on Thursday, one day after snapping the modest two-day winning streak in which it had collected almost 150 points or 1.3 percent.
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vor 714 Tagen
European Shares Finish Mixed On Thursday
The major European markets closed on opposite sides of the unchanged line on Thursday as France and the UK hugged the line throughout the session and finished under water, while Germany was well in the green throughout.
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vor 714 Tagen
U.S. Dollar Advances As Jobless Claims Drop, PCE Inflation Rises
The U.S. dollar moved up against its major counterparts in the New York session on Thursday, as the Federal Reserve's preferred gauge of inflation accelerated in July and initial jobless claims fell unexpectedly last week, supporting expectations that the central bank will keep interest rates on hold at its policy meeting next month.
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vor 714 Tagen
Chicago Business Barometer Jumps To Highest Level In A Year
MNI Indicators released a report on Thursday showing a notable slowdown in the pace of contraction in Chicago-area business activity in the month of August. The report said the Chicago business barometer jumped to 48.7 in August from 42.8 in July, although a reading below 50 still indicates a contraction. Economists had expected the index to rise to 44.1.
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vor 714 Tagen
U.S. Consumer Price Growth Accelerates To 3.3% In July, In Line With Estimates
Consumer price growth in the U.S. accelerated in line with economist estimates in the month of July, according to a report released by the Commerce Department on Thursday. The Commerce Department said the annual rate of consumer price growth increased to 3.3 percent in July from 3.0 percent in June. The faster growth matched expectations.
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vor 714 Tagen
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U.S. Jobless Claims Unexpectedly Edge Down To 228,000
With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday unexpectedly showing a slight decrease in first-time claims for U.S. unemployment benefits in the week ended August 26th. The report said initial jobless claims edged down to 228,000, a decrease of 4,000 from the previous week's revised level of 232,000.
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vor 714 Tagen
Visa, Mastercard Set To Raise Credit-Card Fees
Visa and Mastercard, the top two payment networks in the U.S., are set to raise their credit-card fees which merchants pay when customers use the credit cards for transactions, according to The Wall Street Journal report on Thursday. Though these charges are generally borne by merchants themselves, a small portion of it is transferred to customers.
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vor 714 Tagen
India GDP Growth Climbs To 7.8% In June Quarter
India's economy grew at a faster pace in the three months to June period, mainly led by the services sector, preliminary estimates from the National Statistical Office showed on Thursday. Gross domestic product grew 7.8 percent year-on-year in the April to June quarter, which was a tad faster than the 7.7 percent expansion economists had forecast.
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vor 714 Tagen
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday unexpectedly showing a slight decrease in first-time claims for U.S. unemployment benefits in the week ended August 26th.
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vor 714 Tagen
Euro Drops After Eurozone Inflation Data, ECB Member Schnabel's Comments
The euro fell against its major counterparts in the European session on Thursday, as the region's inflation held steady in August and German policymaker Isabel Schnabel remarked that it is impossible to predict a peak rate or the duration of the tightening phase as the central bank has adopted a data-dependent approach for each policy rate-setting session.
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vor 714 Tagen
U.S. Consumer Price Growth Accelerates In Line With Estimates In July
Consumer price growth in the U.S. accelerated in line with economist estimates in the month of July, according to a report released by the Commerce Department on Thursday. The Commerce Department said the annual rate of consumer price growth increased to 3.3 percent in July from 3.0 percent in June. The faster growth matched expectations.
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vor 714 Tagen
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