Forex News

U.S. GDP Rebounds 2.6% In Q3, Slightly More Than Expected

Following two straight quarters of contraction, the Commerce Department released a report on Thursday showing U.S. economic activity rebounded by slightly more than expected in the third quarter. The report said real gross domestic product shot up by 2.6 percent in the third quarter following a 0.6 percent drop in the second quarter and a 1.6 percent slump in the first quarter.
RTTNews | 945 days ago
U.S. Durable Goods Orders Rise 0.4% In September, Less Than Expected

U.S. Durable Goods Orders Rise 0.4% In September, Less Than Expected

A report released by the Commerce Department on Thursday showed new orders for U.S. manufactured durable goods increased by less than expected in the month of September. The Commerce Department durable goods orders rose by 0.4 percent in September following a revised 0.2 percent uptick in August.
RTTNews | 945 days ago
OSI Systems Reiterates FY23 Outlook - Update

OSI Systems Reiterates FY23 Outlook - Update

While reporting financial results for the first quarter on Thursday, OSI Systems, Inc. (OSIS) reiterated its adjusted earnings and revenue guidance for the full-year 2023.
RTTNews | 945 days ago
U.S. Jobless Claims Inch Up Less Than Expected To 217,000

U.S. Jobless Claims Inch Up Less Than Expected To 217,000

The Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended October 22nd. The report said initial jobless claims inched up to 217,000, an increase of 3,000 from the previous week's unrevised level of 214,000. Economists had expected initial jobless claims to edge up to 220,000.
RTTNews | 945 days ago
ECB Raises Rates By 75 Bps As Expected, Signals More Hikes

ECB Raises Rates By 75 Bps As Expected, Signals More Hikes

The European Central Bank raised its key interest rates by 75 basis points on Thursday, in line with expectations, and signaled that policymakers look forward to hike rates more in the months ahead as inflation is expected to stay high for an extended period.
RTTNews | 945 days ago
U.S. GDP Rebounds Slightly More Than Expected In Q3

U.S. GDP Rebounds Slightly More Than Expected In Q3

Following two straight quarters of contraction, the Commerce Department released a report on Thursday showing U.S. economic activity rebounded by slightly more than expected in the third quarter.
RTTNews | 945 days ago
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Oshkosh Q3 Results Miss Estimates, But Reaffirms FY22 Outlook

Oshkosh Q3 Results Miss Estimates, But Reaffirms FY22 Outlook

Oshkosh Corp. (OSK) reported on Thursday that net income for the third quarter declined to $59.3 million or $0.90 per share from $89.7 million or $1.30 per share in the prior-year quarter. Excluding items, adjusted net income was $1.00 per share, compared to $1.05 per share in the year-ago quarter.
RTTNews | 945 days ago
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

Canadian shares are likely to open on a mixed note on Thursday with investors weighing the ECB's policy announcement, and tracking quarterly earnings updates.
RTTNews | 945 days ago
Euro Drops After ECB Decision

Euro Drops After ECB Decision

As expected, the European Central Bank raised its main refinancing rate by 75 basis points to 2 percent. Following the announcement, the euro fell against its major opponents.
RTTNews | 945 days ago

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