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Swiss Market Ends Notably Lower
The Switzerland stock market ended notably lower on Thursday, tracking weak global cues amid rising concerns about a possible recession in the U.S.
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European Stocks Close Lower On Growth Worries
European stocks closed sharply lower on Thursday, weighed down by weak U.S. economic data and hawkish comments from Fed officials.
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vor 933 Tagen
ECB Rate Hikes Have A Long Way To Go
The European Central Bank is set to continue its interest rate hikes for some time ahead as the minutes of the latest policy session in December revealed that many policymakers had sough a jumbo raise of 75 basis points due to the prospect of inflation staying high for too long, but eventually agreed on a smaller half basis point lift in a bid to have more room for higher rates in the future.
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vor 933 Tagen
Euro In Positive Territory After Lagarde's Remarks
The euro was higher against its major counterparts in the European session on Thursday, as European Central Bank President Christine Lagarde affirmed that the central bank will keep raising interest rates to rein in inflation.
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vor 933 Tagen
Norges Bank Signals Rate Hike In March
The Norwegian Central Bank decided to keep its benchmark interest rate unchanged at its January meeting, in line with market expectations, and policymakers hinted that further rate hikes would be needed to bring inflation down to the target.
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Philly Fed Index Increases But Remains Negative In January
The Federal Reserve Bank of Philadelphia released a report on Thursday showing regional manufacturing activity has contracted at a slower rate in the month of January. The Philly Fed said its diffusion index for current activity climbed to a negative 8.9 in January from a negative 13.7 in December.
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U.S. Housing Starts Slump 1.4% In December, Much Less Than Expected
New residential construction in U.S. fell for the fourth straight month in December, according to a report released by the Commerce Department on Thursday, although the decrease was much smaller than expected.
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U.S. Weekly Jobless Claims Unexpectedly Drop Below 200,000
A report released by the Labor Department on Thursday unexpectedly showed a decrease in first-time claims for U.S. unemployment benefits in the week ended January 14th. The Labor Department said initial jobless claims fell to 190,000, a decrease of 15,000 from the previous week's unrevised level of 205,000. The dip surprised economists, who had expected jobless claims to rise to 214,000.
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vor 933 Tagen
Philly Fed Index Indicates Slower Contraction In January
The Federal Reserve Bank of Philadelphia released a report on Thursday showing regional manufacturing activity has contracted at a slower rate in the month of January.
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vor 933 Tagen
U.S. Housing Starts Slump Less Than Expected In December
New residential construction in U.S. fell for the fourth straight month in December, according to a report released by the Commerce Department on Thursday, although the decrease was much smaller than expected.
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vor 933 Tagen
U.S. Weekly Jobless Claims Unexpectedly Decrease To 190,000
A report released by the Labor Department on Thursday unexpectedly showed a decrease in first-time claims for U.S. unemployment benefits in the week ended January 14th.
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vor 933 Tagen
Turkish Central Bank Holds Key Rate Unchanged For Second Month
Turkey's central bank left its key interest rate unchanged for the second straight month as inflation slowed notably from near 85.0 percent. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, or TCMB, decided to hold the policy rate at 9.00 percent. The outcome of the meeting widely matched expectations.
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vor 933 Tagen
Bay Street Looks Headed For Weak Start
Lower Canadian and U.S. futures and sliding European stocks amid rising concerns about global economic slowdown point to a weak start for the Canadian market Thursday morning.
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vor 933 Tagen
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