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South Korea Producer Prices Rise 0.1% In March
Producer prices in South Korea were up a seasonally adjusted 0.1 percent on month in March, the Bank of Korea said on Friday.
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Dollar Loses Ground Against Major Counterparts On Weak Economic Data
The U.S. dollar drifted lower against some of its major counterparts on Thursday after data showed a bigger-than-expected increase in first-time jobless claims in the U.S. last week.
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Canadian Market Marginally Down In Cautious Trade
Canadian stocks are turning in a mixed performance on Thursday with investors looking for directional clues and largely making cautious moves.
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Swiss Market Ends Marginally Higher
After staying in negative territory till the penultimate hour of the day's session, the Switzerland stock market ended marginally up on Thursday thanks to some selective buying at a few frontline counters in the closing minutes.
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European Stocks Close Weak After Cautious Session
European stocks closed weak on Thursday with investors making cautious moves, digesting mixed corporate earnings from top U.S. companies and fretting about the economic outlook.
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Eurozone Consumer Confidence Strongest In 14 Months
Euro area consumers were less pessimistic in April and the consumer sentiment index rose faster than expected to its highest level in over a year, preliminary data from the European Commission showed Thursday. The flash consumer confidence index rose to -17.5 from -19.1 in March. Economists had forecast a score of -18.5.
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ECB Minutes Show Large Majority Of Policymakers Favored 50 Bps Hike In March
A large majority of policymakers on the European Central Bank Governing Council favored a 50 basis point hike in March to avoid further uncertainty in the backdrop of the recent banking crisis and also because inflation continued to stay well above the bank's target, minutes of the latest rate-setting session showed Thursday.
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more news
U.S. Dollar Falls Amid Higher-than-expected Jobless Claims
The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as first-time jobless claims rose more than expected last week, signalling a slowdown in the labor market.
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U.S. Leading Economic Index Slumps Much More Than Expected In March
Suggesting worsening economic conditions ahead, the Conference Board released a report on Thursday showing a steep drop by its index of leading U.S. economic indicators in the month of March. The Conference Board said its leading economic index tumbled by 1.2 percent in March after falling by a revised 0.5 percent in February.
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U.S. Existing Home Sales Pull Back More Than Expected In March
After reporting a sharp increase in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Thursday showing existing home sales pulled back by more than expected in the month of March. NAR said existing home sales slumped by 2.4 percent to an annual rate of 4.44 million in March after spiking by 13.8 percent to a revised rate of 4.55 million in F
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Philly Fed Index Unexpectedly Slumps To Nearly Three-Year Low In April
Philadelphia-area manufacturing activity unexpectedly contracted at an accelerated rate in the month of April, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.
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U.S. Weekly Jobless Claims Inch Up Slightly More Than Expected
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended April 15th. The Labor Department said initial jobless claims crept up to 245,000, an increase of 5,000 from the previous week's revised level of 240,000.
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AT&T Q1 Profit Down, Beats View; Topline Miss Estimates; Stock Down In Pre-market
Telecom giant AT&T, Inc. reported Thursday that its first-quarter profit declined from last year, yet topped market estimates. Revenues were higher, but missed the Street forecast. The company further said it is on track to achieve $6 billion-plus run-rate cost savings target before the end of the year. In pre-market activity on the NYSE, the shares were losing around 4.7 percent.
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Před 836 dny
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