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Japan Inflation Data Due On Friday

Japan will on Friday release December numbers for consumer prices, highlighting a light day for Asia-Pacific economic activity.
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Canadian Market Ends Modestly Higher

Canadian Market Ends Modestly Higher

The Canadian market shrugged off a mid session setback and ended modestly higher on Thursday, lifted by gains in consumer staples and industrials sectors. Communications stocks moved up as well.
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Dollar Consolidates Recent Gains Against Major Counterparts

Dollar Consolidates Recent Gains Against Major Counterparts

The U.S. dollar firmed against most of its major counterparts on Thursday amid fading hopes for an early rate cut after data showed a drop in jobless claims in the week ended January 12th. However, the currency pared gains subsequently and even turned slightly weak against some counterparts.
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European Stocks Close Higher As Investors Focus On Earnings

European Stocks Close Higher As Investors Focus On Earnings

European stocks closed higher on Thursday, recovering from recent losses, as investors focused on earnings, digested the minutes from the European Central Bank's latest policy meeting, and continued to monitor the updates from the World Economic Forum in Davos.
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Canadian Market Up Marginally At Noon

Canadian Market Up Marginally At Noon

The Canadian benchmark S&P/TSX Composite Index, which suffered its worst single session setback in recent months on the previous session, is up marginally at noon on Thursday, supported by gains in industrials and consumer staples sectors.
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U.S. Dollar Climbs As Jobless Claims Hit 16-month Low

U.S. Dollar Climbs As Jobless Claims Hit 16-month Low

The U.S. dollar strengthened against its major counterparts in the New York session on Thursday, as a drop in jobless claims last week prompted traders to scale back their expectations for an interest rate cut in March.
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Philly Fed Index Inches Higher In January But Still Indicates Contraction

Philly Fed Index Inches Higher In January But Still Indicates Contraction

A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity contracted at a slightly slower rate in the month of January. The Philly Fed said its diffusion index for current general activity rose to a negative 10.6 in January from a revised reading of negative 12.8 in December. A negative reading still indicates a contraction.
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U.S. Housing Starts Pull Back Sharply In December But Building Permits Jump

U.S. Housing Starts Pull Back Sharply In December But Building Permits Jump

After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Thursday showing a notable pullback by housing starts in the month of December. The Commerce Department said housing starts slumped by 4.3 percent to an annual rate of 1.460 million in December.
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U.S. Jobless Claims Unexpectedly Drop To Lowest Since September 2022

U.S. Jobless Claims Unexpectedly Drop To Lowest Since September 2022

The Labor Department released a report on Thursday showing an unexpected decrease in first-time claims for U.S. unemployment benefits in the week ended January 13th. The report said initial jobless claims fell to 187,000 from the previous week's revised level of 203,000. With the decline, jobless claims dropped to their lowest level since hitting 182,000 in the week ended September 24, 2022.
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U.S. Housing Starts Slump 4.3% In December

U.S. Housing Starts Slump 4.3% In December

After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Thursday showing a notable pullback by housing starts in the month of December.
RTTNews | 575 दिनों पहले

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