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Dollar Loses Ground Against Major Rivals After GDP, Jobless Claims Data

Dollar Loses Ground Against Major Rivals After GDP, Jobless Claims Data

The U.S. dollar drifted lower against its major counterparts on Thursday as data showing a slower than expected pace of economic growth in the fourth quarter, and an increase in jobless claims, raised the possibility of the Federal Reserve pausing on interest rate hikes.
RTTNews | 864 일 전
European Stocks Close Higher Again

European Stocks Close Higher Again

European stocks closed higher on Thursday, extending recent gains, as easing worries about a banking crisis and data showing a slowdown in inflation in Germany lifted sentiment.
RTTNews | 864 일 전
U.S. Dollar Down Amid Disappointing Economic Data

U.S. Dollar Down Amid Disappointing Economic Data

The U.S. dollar fell against its most major counterparts in the New York session on Thursday, as the economy grew slightly less than previously estimated in the fourth quarter and weekly jobless claims increased moderately last week, supporting expectations that the Federal Reserve may pause interest rate hikes at the meeting in May.
RTTNews | 864 일 전
Canadian Market Modestly Higher At Noon

Canadian Market Modestly Higher At Noon

The Canadian market is modestly higher around noon on Thursday, extending gains to a fifth straight session, as worries about global banking crisis continue to ease.
RTTNews | 864 일 전
U.S. Weekly Jobless Claims Rise Slightly More Than Expected

U.S. Weekly Jobless Claims Rise Slightly More Than Expected

The Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended March 25th. The report said initial jobless claims rose to 198,000, an increase of 7,000 from the previous week's unrevised level of 191,000. Economists had expected jobless claims to inch up to 196,000.
RTTNews | 864 일 전
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German Inflation Eases Markedly In March

German Inflation Eases Markedly In March

Germany's consumer price inflation eased markedly in March as the sharp increase in energy prices seen over the same period last year dropped out of the annual comparison, flash estimate from Destatis showed Thursday. Consumer prices increased 7.4 percent year-on-year in March but this was notably weaker than the 8.7 percent increase registered in February.
RTTNews | 864 일 전
Eurozone Economic Sentiment Weakens In March

Eurozone Economic Sentiment Weakens In March

Eurozone economic sentiment weakened slightly in March due to lower confidence in industry, retail trade and construction, survey results from the European Commission showed on Thursday. The economic confidence index unexpectedly fell to 99.3 in March from 99.6 in February. The score was forecast to rise to 99.8.
RTTNews | 864 일 전
U.S. Economic Growth Downwardly Revised To 2.6% In Q4

U.S. Economic Growth Downwardly Revised To 2.6% In Q4

The U.S. economy grew by slightly less than previously estimated in the fourth quarter of 2022, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 2.6 percent in the fourth quarter compared to the previously reported 2.7 percent jump. Economists had expected the pace of growth to be unrevised.
RTTNews | 864 일 전
U.S. Weekly Jobless Claims Rise To 198,000

U.S. Weekly Jobless Claims Rise To 198,000

The Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended March 25th.
RTTNews | 864 일 전
U.S. Dollar Little Changed After GDP Data

U.S. Dollar Little Changed After GDP Data

U.S. final GDP data for the fourth quarter and weekly jobless claims for the week ended March 25 have been released at 8:30 am ET Thursday. After the data, the greenback changed little against its major counterparts.
RTTNews | 864 일 전

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