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Actualités Forex
U.S. Retail Sales Growth Exceeds Estimates As Gas Station Sales Spike
Retail sales in the U.S. increased by much more than expected in the month of August, according to a report released by the Commerce Department on Thursday. The report said retail sales climbed by 0.6 percent in August after rising by a downwardly revised 0.5 percent in July.
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U.S. Jobless Claims Inch Up Less Than Expected To 220,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits edged up by less than expected in the week ended September 9th. The report said initial jobless claims crept up to 220,000, an increase of 3,000 from the previous week's revised level of 217,000.
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U.S. Producer Prices Advance More Than Expected Amid Spike In Energy Prices
Reflecting a spike in energy prices, the Labor Department released a report on Thursday showing producer prices in the U.S. increased by more than expected in month of August. The Labor Department said its producer price index for final demand advanced by 0.7 percent in August after climbing by an upwardly revised 0.4 percent in July.
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EU Launches Probe Into Chinese EV Subsidies
European Union's executive arm European Commission has launched an investigation into Chinese domestic subsidies given to electric vehicle makers, amid significant growth in imports. The probe reportedly will look into whether to impose punitive tariffs to protect EU producers against such cheaper cars. Commission President Ursula von der Leyen, while speaking at her annual State of the Union...
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China Cuts Reserve Requirement Ratio For Second Time This Year
China's central bank reduced the reserve requirement ratio for the second time this year in yet another move to support the struggling economy. The weighted average RRR for banks will be about 7.4 percent, the People's Bank of China said in a statement on Thursday. The RRR represents the amount of cash that banks must hold as reserves.
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U.S. Retail Sales Climb Much More Than Expected In August
The Commerce Department released a report on Thursday showing U.S. retail sales increased by much more than expected in the month of August.
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U.S. Producer Prices Advance More Than Expected In August
A report released by the Labor Department on Thursday showed producer prices in the U.S. increased by more than expected in month of August.
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more news
Dollar Climbs Further After U.S. PPI, Retail Sales
U.S. weekly jobless claims for the week ended September 9 and retail sales and producer prices for August have been released at 8.30 am ET Thursday. After these data, the greenback advanced further against its major counterparts.
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U.S. Weekly Jobless Claims Inch Up Less Than Expected
First-time claims for U.S. unemployment benefits edged up by less than expected in the week ended September 9th, according to a report released by the Labor Department on Thursday.
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Dollar Appreciates Ahead Of U.S. PPI, Retail Sales
U.S. weekly jobless claims for the week ended September 9 and retail sales and producer prices for August are due at 8.30 am ET Thursday. Ahead of these data, the greenback firmed against its major counterparts.
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Euro Falls After ECB Decision
As expected, the European Central Bank raised its main refinancing rate by 25 basis points to 4.50 percent. Following the announcement, the euro dropped against its major opponents.
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Euro Mixed Ahead Of ECB Decision
The European Central Bank will announce interest rate decision at 8:15 am ET Thursday. Markets widely expect the ECB to hike the key rate by a final quarter point.
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Bay Street Likely To Open On Positive Note
Canadian shares are likely to open on a positive note on Thursday, tracking European stocks and higher crude oil prices.
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