Berita Forex

U.S. Jobless Claims Unexpectedly Decrease To 212,000

First-time claims for U.S. unemployment benefits unexpectedly declined in the week ended February 10th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 212,000, a decrease of 8,000 from the previous week's revised level of 220,000. Economists had expected initial jobless claims to edge slightly higher.
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Cisco Plans More Than 4,000 Job Cuts Amid Outlook Warning, Stock Dips

Cisco Plans More Than 4,000 Job Cuts Amid Outlook Warning, Stock Dips

Networking equipment maker Cisco Systems Inc. announced its plans to cut 5 percent of its global workforce, which comes to more than 4,000 jobs, as part of its ongoing restructuring efforts. The news comes as the company trimmed its earnings and revenue outlook for fiscal 2024 citing weak demand and a tough economy. Following the announcement at the second-quarter earnings call on Wednesday,...
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Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the early European session on Thursday.
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European Economic News Preview: UK GDP Data Due

European Economic News Preview: UK GDP Data Due

Quarterly national accounts from the UK and foreign trade from the euro area are the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. The economy is forecast to shrink 0.1 percent sequentially, the same pace of decline as seen in the third quarter.
RTTNews | 557 hari yang lalu
Sensex, Nifty Struggle For Direction In Early Trade

Sensex, Nifty Struggle For Direction In Early Trade

Indian shares struggled for direction in early trade on Thursday ahead of a slew of U.S. data due later in the day that could offer fresh insights into the Fed's rate trajectory.
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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Following the broadly positive cues from global markets overnight, Asian stock markets are trading mixed on Thursday, as traders reacted to GDP data from Japan and Singapore that missed estimates, with Japan unexpectedly slipping into recession. Australia also posted sharply lower-than-expected employment growth, with unemployment rate also rising. Asian Markets closed mostly lower on Wednesday.
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