Advertisement
European Economic News Preview: Eurozone Unemployment Data Due
(RTTNews) - Unemployment data from the euro area, Spain and Italy are due on Wednesday, headlining a light day for the European economic news.
At 3.00 am ET, Spain's monthly unemployment data for April is due. The number of people out of work had decreased 48,755 in March.
At 4.00 am ET, Italy's Istat is scheduled to issue unemployment data for March. The jobless rate is seen unchanged at 8.0 percent.
At 5.00 am ET, Eurozone unemployment report is due from Eurostat. Economists forecast the jobless rate to stay at 6.6 percent in March.
At 8.30 am ET, the Czech National Bank announces its monetary policy decision. The bank is expected to hold its key rate at 7.00 percent.
read more
U.S. Dollar Rises As Waller Emerges As Potential Fed Chair Successor
The U.S. dollar climbed against its most major counterparts in the New York session on Thursday, as Federal Reserve governor Christopher Waller emerged as a top candidate to replace Chair Jerome Powell.
RTTNews
|
46 minutos atrás
U.S. Wholesale Inventories Inch Up Less Than Expected In June
Wholesale inventories in the U.S. crept up by less than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said wholesale inventories inched up by 0.1 percent in June after falling by 0.3 percent in May. Economists had expected wholesale inventories to rise by 0.2 percent, in line with the preliminary estimate.
RTTNews
|
6h 51min atrás
U.S. Labor Productivity Rebounds Roughly In Line With Estimates In Q2
Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday. The report said labor productivity shot up by 2.4 percent in the second quarter after tumbling by a downwardly revised 1.8 percent in the first quarter.
RTTNews
|
7h 23min atrás
U.S. Jobless Claims Rise More Than Expected To 226,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 2nd. The Labor Department said initial jobless claims climbed to 226,000, an increase of 7,000 from the previous week's revised level of 219,000.
RTTNews
|
7h 33min atrás
Bank Of England Cuts Rate In Tight Vote
The Bank of England reduced its benchmark interest rate in a close call on Thursday suggesting that the monetary easing cycle is nearing an end as policymakers became more concerned about persistent inflation. The Monetary Policy Committee, headed by BoE Governor Andrew Bailey, voted 5-4 to cut the bank rate by 25 basis points to 4.00 percent.
RTTNews
|
8h 30min atrás
Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street
Canadian shares are likely to open higher Thursday morning, tracking positive global cues and higher commodity prices.
RTTNews
|
9h 13min atrás
U.S. Labor Productivity Surges 2.4% In Second Quarter
Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday.
RTTNews
|
9h 20min atrás
U.S. Weekly Jobless Claims Rise More Than Expected
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 2nd.
RTTNews
|
9h 26min atrás
