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U.S. Weekly Jobless Claims Rebound To 217,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rebounded by more than expected in the week ended January 11th.
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vor 236 Tagen
UK Modest GDP Growth Disappoints
The UK economy grew only marginally in November underpinned by the services sector, after two consecutive contractions, official data showed, which has strengthened the scope for more monetary policy easing from the Bank of England as inflation also softened unexpectedly at the end of 2024. Gross domestic product edged up 0.1 percent on a monthly basis in November.
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vor 236 Tagen
Bay Street Likely To Open Higher
Canadian shares may open on a positive note on Thursday, tracking higher bullion prices and firm European stocks. The market is likely to edge higher also on hopes of some monetary easing by the Federal Reserve this year.
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vor 236 Tagen
FTSE 100 Climbs Higher On GDP Data, Gains In Mining Sector
U.K. stocks are modestly higher Thursday morning, supported by data showing an expansion in the nation's GDP growth in the month of November, and gains in the mining sector following a rise in metal prices.
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vor 236 Tagen
Sensex, Nifty Extend Gains For Third Day; Financials And Adani Group Stocks Outperform
Indian shares eked out modest gains on Thursday, with Adani Group stocks rallying following Hindenburg Research founder Nate Anderson's announcement to wind down his short-seller firm.
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vor 236 Tagen
CAC 40 Rises Nearly 2% As Luxury Stocks Rally
French stocks are up in positive territory Thursday morning, lifted by strong gains in the luxury sector after French luxury goods group's upbeat sales data. The mood is fairly bullish following benign U.S. inflation data that has raised hopes the Fed will announce a few interest rate cuts this year.
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vor 236 Tagen
DAX Pares Early Gains, Down Marginally On Weak Inflation Data
German stocks are down marginally Thursday morning, underperforming other major European markets, as investors make cautious moves while digesting the final data on the nation's consumer price inflation.
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vor 236 Tagen
more news
European Shares Edge Higher As Inflation Worries Ease
European shares traded higher on Thursday as benign U.S. inflation readings kept the door open for potential rate cuts by the Federal Reserve this year. That said, regional gains were capped by weaker-than-expected U.K. GDP data released this morning.
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vor 236 Tagen
Asian Shares Follow Wall Street Higher On Fed Rate-cut Hopes
Asian stocks advanced on Thursday as soft inflation readings from the U.S. spurred expectations for more Fed rate cuts this year.
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vor 236 Tagen
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Thursday.
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vor 236 Tagen
Quaker Oats Recalls Pearl Milling Original Pancake & Waffle Mix
Quaker Oats Co., affiliated to food and beverage giant PepsiCo, Inc., is recalling select Pearl Milling Co. Original Pancake & Waffle Mix distributed in 11 states, citing the possible presence of undeclared milk, a known allergen. According to the U.S. Food and Drug Administration, the recall involves a limited number of two pound boxes of Pearl Milling Original Pancake & Waffle Mix.
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vor 236 Tagen
European Economic News Preview: UK GDP Data Due
GDP monthly estimates and foreign trade from the UK and final inflation from Germany are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. Economists forecast the economy to grow 0.2 percent on month in November, in contrast to the 0.1 percent fall in October.
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vor 236 Tagen
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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vor 236 Tagen
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