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FTSE 100 Edges Lower Ahead Of FOMC Minutes
(RTTNews) - U.K. stocks edged lower on Wednesday as investors looked ahead to the release of Federal Reserve's December meeting minutes later in the day to gauge the rate hike trajectory.
Meanwhile, new data from Kantar showed grocery price inflation slowed to an annual rate of 6.7 percent in December, the lowest since the beginning of 2022.
Retailers enjoyed their busiest Christmas since 2019, according to the data.
The benchmark FTSE 100 was down 15 points, or 0.2 percent, at 7,706 after falling around 0.2 percent the previous day.
Wizz Air Holdings fell nearly 2 percent. The budget airline said it carried 4,964,857 passengers in December 2023, an 18.8 percent increase compared to December 2022.
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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.
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5小時58分鐘前
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.
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6小時29分鐘前
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.
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6小時39分鐘前
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.
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7小時36分鐘前
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.
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8小時19分鐘前
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.
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8小時26分鐘前
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.
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8小時32分鐘前
Pound Jumps After BoE Rate Decision
The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.
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9小時0分鐘前
