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Berita Valas
Philly Fed Index Pulls Back Much More Than Expected In September
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed a significant downturn in regional manufacturing activity in the month of September.
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673 days ago
U.S. Weekly Jobless Claims Unexpectedly Decrease To 201,000
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly fell to a seven-month low in the week ended September 16th.
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673 days ago
Bay Street Looks Headed For Weak Start
Canadian shares are seen opening lower on Thursday, weighed down by concerns about economic slowdown as central banks are set to keep interest rates higher for longer to combat inflation.
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673 days ago
Pound Slides After BOE Hold Rates Unexpectedly
The British pound weakened against other major currencies in the late European session on Thursday, after the Bank of England kept its benchmark rate unchanged unexpectedly, thus having a pause in the rate hike cycle that saw interest rates being raised in 14 consecutive sessions.
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673 days ago
Pound Slides Against Majors
The British pound weakened against other major currencies in the late European session on Thursday.
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673 days ago
Darden Restaurants Reiterates FY24 Outlook - Update
While reporting financial results for the first quarter on Thursday, restaurant company Darden Restaurants, Inc. (DRI) reiterated its earnings guidance for the full year 2024. The company also reported blended same-restaurant sales increase of 5.0% and the addition of 46 net new restaurants in the first quarter.
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673 days ago
Amazon Unveils AI Version Of Alexa, Other Devices, New Features
Amazon.com. Inc. has unveiled a bunch of smart home devices, including an upgraded, AI-powered Alexa and all-new Echo Frames and Carrera Smart Glasses collection, as well as new features for giving users more intuitive, personalized experiences. These next generation of new devices and features are driven by advancements in AI. Most of the new products are available for pre-orders.
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673 days ago
more news
Pound Falls After BOE Monetary Policy Decision
At 7:00 am ET, the Bank of England announced its monetary policy decision to hold the key bank rate at 5.25 percent, unexpectedly.
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673 days ago
Pound Mixed Ahead Of BOE Monetary Policy Decision
At 7:00 am ET, the Bank of England is set to announce its monetary policy decision. The economists expect to lift the bank rate to 5.50 percent in a three-way split vote.
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673 days ago
Sensex Drops 570 Points On Fed Rate Hike Worries; Nifty Ends At 19,742
Indian shares fell notably on Thursday, pressured by weak global cues, a stronger dollar and higher bond yields after the Federal Reserve left interest rates unchanged, as widely expected, but raised its forecast for rates at the end of next year saying that battle against inflation was far from over.
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673 days ago
Switzerland Central Bank Unexpectedly Holds Rate Steady At 1.75%
The Swiss National Bank unexpectedly left its benchmark rate unchanged on Thursday, as policymakers assessed that the significant tightening of policy over the past five consecutive meetings is countering inflationary pressure, though the bank left the door open for future hikes. The SNB Governing Board, chaired by Thomas Jordan, decided to hold the policy rate at 1.75 percent.
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673 days ago
Norges Bank Signals December Hike On High Inflation
Norway's central bank raised its key interest rate by 25 basis points on Thursday, as signaled during the previous meeting, and sounded more hawkish than expected with Governor Ida Wolden Bache saying that there would likely be another hike in December as inflation remains significantly above the bank's 2 percent target.
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673 days ago
European Shares Drift Lower On Interest-rate Concerns
European stocks were deep in the red on Thursday, the dollar hit a 6-1/2 month high and Eurozone bond yields reached multi-month highs after the U.S. Federal Reserve signaled policy would remain restrictive for longer to curb stubborn inflation.
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673 days ago
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