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New Zealand Manufacturing PMI Sinks To 45.8 In October - BusinessNZ
The manufacturing sector in New Zealand continued to contract in October, and at a faster pace, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI score of 45.8.
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vor 259 Tagen
Dollar Moves Further Up Against Major Counterparts
The U.S. dollar climbed to a new 52-week high on Thursday with the latest set of economic data reducing the prospects of aggressive rate cuts by the Federal Reserve. Hawkish comments from Fed Chair Jerome Powell contributed as well to the dollar's rise.
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vor 259 Tagen
Powell Says Fed Doesn't Need To Be In A Hurry To Lower Rates
Following the Federal Reserve's decision to lower interest rates by a quarter point last week, Fed Chair Jerome Powell said in remarks on Thursday that the central bank does not "need to be in a hurry to lower rates" due to the strength of the economy.
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vor 259 Tagen
Canadian Market Up Firmly In Positive Territory
The Canadian market is modestly higher Thursday afternoon with energy stocks turning in a fine performance. Utilities, consumer staples and materials shares are among the other prominent gainers.
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vor 259 Tagen
Swiss Market Ends On Firm Note
After languishing in negative territory till noon, Swiss stocks moved higher on Thursday and ended the session on a firm note, in line with markets across Europe.
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vor 259 Tagen
European Stocks Close Higher On Strong GDP Data, Earnings
European stocks closed higher on Thursday, recovering from recent losses, as investors assessed the most recent global economic data, including U.S. inflation and euro area GDP reports, and reacted to a slew of quarterly earnings and other corporate news.
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vor 259 Tagen
U.S. Dollar Retreats Against Most Majors
The U.S. dollar pulled back against its most major counterparts in the New York session on Thursday.
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vor 259 Tagen
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U.S. Jobless Claims Unexpectedly Dip To Nearly Six-Month Low
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended November 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 217,000, a decrease of 4,000 from the previous week's unrevised level of 221,000. Economists had expected jobless claims to inch up to 223,000.
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vor 259 Tagen
U.S. Producer Prices Rise 0.2% In October, In Line With Estimates
After yesterday's consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday showing producer prices in the U.S. also increased in line with economist estimates in the month of October. The Labor Department said its producer price index for final demand rose by 0.2 percent in October following a revised 0.1 percent uptick in September.
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vor 259 Tagen
U.S. Producer Prices Increase In Line With Estimates In October
After yesterday's consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday showing producer prices in the U.S. also increased in line with economist estimates in the month of October.
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vor 259 Tagen
U.S. Weekly Jobless Claims Unexpectedly Edge Lower
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended November 9th, according to a report released by the Labor Department on Thursday.
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vor 259 Tagen
Siemens Q4 Profit, Orders Rise; Sees Growth Ahead; Stock Up
Shares of Siemens AG were gaining around 6 percent in the morning trading on Germany's XETRA after the conglomerate on Thursday issued positive revenue outlook for fiscal 2025, after reporting higher profit and orders in its fourth quarter. Further, Siemens President and CEO Roland Busch reportedly announced potential cut of up to 5,000 jobs worldwide in its factory automation business.
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vor 259 Tagen
Eurozone GDP Growth Confirmed At 0.4%; Employment Rises
The euro area economy expanded as initially estimated in the third quarter and employment growth showed an improvement, data from Eurostat showed on Thursday. Gross domestic product climbed 0.4 percent sequentially, which was double the 0.2 percent expansion seen in the second quarter, flash estimate showed.
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vor 259 Tagen
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