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Philly Fed Index Extends Pullback But Still Indicates Growth In March
A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall but was less widespread in the month of March. The Philly Fed said its diffusion index for current general activity slid to 12.5 in March after plunging to 18.1 in February, although a positive reading still indicates growth.
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68 hari yang lalu
U.S. Weekly Jobless Claims Inch Up To 223,000
First-time claims for U.S. unemployment benefits crept slightly higher in the week ended March 15th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims inched up to 223,000, an increase of 2,000 from the previous week's revised level of 221,000. Economists had expected jobless claims to rise to 224,000.
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68 hari yang lalu
Philly Fed Index Drops Less Than Expected In March
A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall but was less widespread in the month of March.
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68 hari yang lalu
U.S. Weekly Jobless Claims Inch Slightly Higher
First-time claims for U.S. unemployment benefits crept slightly higher in the week ended March 15th, according to a report released by the Labor Department on Thursday.
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68 hari yang lalu
FTSE Down Marginally Ahead Of BoE Announcement
UK stocks are down slightly in cautious trade on Thursday ahead of the Bank of England's monetary policy announcement.
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68 hari yang lalu
CAC 40 Down 1.2%; Eurofins Scientific Rises Over 6% On Buyback Plan
French stocks are down in negative territory on Thursday, in line with other markets in Europe, with investors cashing in recent gains. Worries about the impact of tariffs and geopolitical tensions appear to be weighing as well.
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68 hari yang lalu
UK Jobless Rate Remains Stable
The UK unemployment rate remained stable and wages continued to log strong growth in the three months to January period, official data revealed on Thursday. The ILO unemployment rate registered 4.4 percent in November to January, unchanged from the preceding period, figures from the Office for National Statistics showed. The rate matched expectations.
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68 hari yang lalu
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Swiss Franc Falls As SNB Slashes Rates By 25 Bps
The Swiss franc weakened against other major currencies in the European session on Thursday, after the Swiss National Bank trimmed its interest rate for the fifth consecutive meeting to the lowest since September 2022, amid heightened downside risks to inflation.
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68 hari yang lalu
Sensex, Nifty Extend Gains For Fourth Day
Indian shares rallied on Thursday to extend gains for a fourth straight session after the U.S. Federal Reserve signaled the possibility of two rate cuts by the end of the year, given increased uncertainty around the economic outlook.
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68 hari yang lalu
Pound Drops After U.K. UK Employment Data; BoE Rate Decision Eyed
The British pound weakened against most major currencies in the European session on Thursday, following the release of the U.K.'s labor market data for January.
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68 hari yang lalu
DAX Tumbles More Than 1%
German stocks are sliding down south on Thursday with investors choosing to take profits at several counters after recent gains. The reform plan and the passage of a bill that paves way for the creation of a massive fund for infrastructure and climate spending had pushed up stock prices earlier in the week.
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68 hari yang lalu
Swiss Central Bank Cuts Policy Rate To Lowest Since 2022
The Swiss National Bank trimmed its interest rate for the fifth consecutive meeting on Thursday, amid heightened downside risks to inflation. The policy board, led by President Martin Schlegel, lowered the policy rate by 25 basis points to 0.25 percent from 0.50 percent. This followed a 50 basis point cut in December. The bank has reduced the key rate by 150 basis points since March 2024.
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68 hari yang lalu
European Shares Mixed Ahead Of BoE Rate Decision
European stocks were mixed on Thursday ahead of the Bank of England's rate decision due later in the session, with the central bank widely expected to keep interest rates on hold due to tariff uncertainties and the British government's impending tax hike for employers.
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68 hari yang lalu
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