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Forex News
U.S. Weekly Jobless Claims Rise More Than Expected To 219,000
A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended February 1st. The report said initial jobless claims climbed to 219,000, an increase of 11,000 from the previous week's revised level of 208,000.
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153 days ago
U.S. Labor Productivity Growth Slows More Than Expected In Q4
A report released by the Labor Department on Thursday showed U.S. labor productivity and unit labor costs both increased by less than expected in the fourth quarter of 2024. The Labor Department said labor productivity climbed by 1.2 percent in the fourth quarter after surging by an upwardly revised 2.3 percent in the third quarter.
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154 days ago
US Employers Cut 28% More Jobs In January: Challenger Report
Employers in the U.S. slashed more jobs in January compared to December, but the figure was the lowest recorded for the month in three years, the latest monthly report from the global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc showed on Thursday.
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154 days ago
Bank Of England Cuts Rate By 25 Bps, Sees Modest Growth In Q1
The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a bigger reduction citing the sluggish U.K. economy and the heightening uncertainty over trade tariffs. The Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to reduce the benchmark bank rate to 4.50 percent from 4.75 percent.
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154 days ago
Societe Generale Q4 Profit Surges, Sees Growth In FY25; Plans Dividend, Buyback; Stock Up
Shares of Societe Generale were gaining around 12 percent in the mid-day trading on the Paris Stock Exchange after the French banking major reported Thursday significantly higher profit in its fourth quarter, driven by increased banking income. The company also announced dividend and share buyback. For fiscal 2025, the company projects revenue growth of more than 3 percent from last year...
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154 days ago
U.S. Labor Productivity, Unit Labor Costs Jump Less Than Expected In Q4
A report released by the Labor Department on Thursday showed U.S. labor productivity and unit labor costs both increased by less than expected in the fourth quarter of 2024.
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154 days ago
Bay Street Likely To Open On Firm Note
Canadian stocks look headed for a positive start Thursday morning, tracking firm European markets and higher crude oil prices amid slightly easing concerns about trade war and tariffs.
Investors are likely to focus on corporate earnings for direction.
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154 days ago
more news
U.S. Weekly Jobless Claims Rise To 219,000
A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended February 1st.
RTTNews
|
154 days ago
FTSE 100 Rises On Corporate Earnings; BoE Rate Decision In Focus
UK stocks are notably higher Thursday morning, in line with other major markets in Europe, as investors digest a slew of quarterly earnings updates, and await the Bank of England's monetary policy announcement.
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154 days ago
Yen Rises As BoJ's Tamura Signals Rate Hikes
The Japanese yen strengthened against other major currencies in the Asian session on Thursday, as the Bank of Japan board member Naoki Tamura hinted about possible interest rate increases.
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154 days ago
Sensex, Nifty End Slightly Lower Before RBI Policy Outcome
Indian shares ended slightly lower on Thursday amid the expiry of the weekly options of Nifty 50 contracts and the RBI's interest-rate decision on Friday.
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154 days ago
CAC 40 Advances As Societe Generale, ArcelorMittal Rally On Earnings
French stocks are up firmly in positive territory Thursday morning as investors shrug off tariff concerns for now, and react to some impressive corporate earnings and data showing an improvement in the nation's construction activity.
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154 days ago
UK Construction Sector Contracts For First Time In 11 Months
The UK construction sector shrank in January, ending a 10-month period of expansion due to shrinking orders and rising cost pressures, survey results from S&P Global showed on Thursday. The construction Purchasing Managers' Index rose to 48.1 in January from 53.3 in December. The index registered below the 50.0 threshold for the first time since February 2024.
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154 days ago
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