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Pound Recovers After BoE Monetary Policy Announcement
The British pound recovered from its recent lows against other major currencies in the early New York session on Thursday, after the Bank of England decided to reduce its interest rate by 25 basis points in a three-way split.
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vor 84 Tagen
U.S. Labor Productivity Pulls Back More Than Expected In Q1
The Labor Department released a report on Thursday showing a pullback by U.S. labor productivity in the first quarter of 2025 along with a sharp increase by unit labor costs.
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vor 84 Tagen
U.S. Weekly Jobless Claims Dip To 228,000
First-time claims for U.S. unemployment benefits saw a modest decline in the week ended May 3rd, according to a report released by the Labor Department on Thursday.
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vor 84 Tagen
Pound Recovers Against Majors
The British pound recovered from its recent lows against other major currencies in the early New York session on Thursday.
RTTNews
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vor 84 Tagen
FTSE 100 Modestly Higher Ahead Of BoE Policy Announcement
U.K. stocks are modestly higher on Thursday as investors await the Bank of England's monetary policy announcement later in the day. Optimism about U.S. agreeing on a trade deal with a major country is also aiding sentiment.
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vor 84 Tagen
CAC 40 Up More Than 1%
After three successive days of losses, the French market is gaining some notable ground in positive territory on Thursday thanks to rising optimism about a trade deal.
Investors, digesting recent corporate earnings updates, and the Federal Reserve's policy announcement, are also awaiting the monetary policy announcements from the Bank of England.
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vor 84 Tagen
Sensex, Nifty Decline As Tensions Rise With Pakistan
Indian shares closed Thursday's session lower as growing concerns over escalating India-Pakistan tensions curbed investors' appetite for risk.
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vor 84 Tagen
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DAX Rises Nearly 300 Points On Results, Trade Deal Hopes
German stocks are up sharply on Thursday thanks to some upbeat earnings announcements and easing concerns about tariff tensions. Investors are also looking ahead to the monetary policy announcements from the Federal Reserve and the Bank of England.
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vor 84 Tagen
Philippine Economy Expands Less Than Forecast
The Philippine economy logged a weaker-than-expected growth at the start of the year on lower net exports even ahead of the implementation of trade tariffs, official data showed on Thursday. Gross domestic product grew 5.4 percent year-on-year in the first quarter, which was slightly faster than the 5.3 percent rise in the preceding period, the Philippine Statistics Authority reported.
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vor 84 Tagen
U.S. Dollar Rises Amid U.S. Trade Deal Optimism
The U.S. dollar strengthened against other major currencies in the European session on Thursday, after U.S. President Donald Trump said he would announce "a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY," without giving further details.
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vor 84 Tagen
European Shares Climb Before BoE Rate Decision
European stocks were moving higher on Thursday after U.S. President Donald Trump signaled progress toward a first trade deal in his global tariff dispute, without providing further details.
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vor 84 Tagen
Asian Shares Rise Ahead Of US-China Trade Talks
Asian stocks rose broadly on Thursday despite U.S. stocks falling for a second straight session overnight.
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vor 84 Tagen
UK House Prices Rise For First Time In 3 Months
UK house prices rose moderately in April despite an end to the stamp duty holiday and worsening economic outlook, data published by mortgage lender Halifax revealed on Thursday. House prices climbed 0.3 percent on a monthly basis in April after falling for two straight months. On a yearly basis, growth in house prices accelerated to 3.2 percent from 2.9 percent in the previous month.
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vor 84 Tagen
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