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Forex News
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
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.
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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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155 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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155 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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155 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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155 days ago
more news
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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155 days ago
German Construction Sector Continues To Shrink
Germany's construction sector remained firmly in contraction but the pace of fall softened in January, survey data from S&P Global revealed Thursday. The HCOB construction Purchasing Managers' Index rose to 42.5 in January from 37.8 in December. Although the score was firmly below the neutral 50.0 that separates growth from contraction, the reading was the highest since May 2023.
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155 days ago
Commodity Currency's Slide As Crude Oil Prices Drop
The commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major counterparts in the Asian session on Thursday, as the crude oil prices settled sharply lower after data showed a sharp jump in U.S. crude inventories last week.
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155 days ago
DAX Rises Nearly 1% On Encouraging Earnings, Economic Data
German stocks are up in positive territory Thursday morning with investors reacting to a slew of earnings updates, and factory orders and construction PMI data, while continuing to assess the U.S. government's trade policies and tariff moves.
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155 days ago
European Shares Rise As German Factory Orders Surge
European shares advanced on Thursday to hover near record levels as trade war fears eased and data showed Germany's factory orders rebounded at a much stronger than expected pace in December, largely driven by the manufacture of transport equipment.
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155 days ago
Asian Shares Rise As Bond Yields Dip
Asian stocks rose broadly on Thursday as trade war fears eased and Treasury yields dipped on easing inflation concerns.
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155 days ago
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