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U.S. Factory Orders Surge More Than Expected In September

Reflecting a surge in orders for durable goods, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured goods jumped by more than expected in the month of September. The Commerce Department said factory orders shot up by 2.8 percent after climbing by a downwardly revised 1.0 percent in August.
RTTNews | 656 дней спустя
Pound Firms As BoE Maintains Status Quo On Rate

Pound Firms As BoE Maintains Status Quo On Rate

The pound advanced against its most major counterparts in the European session on Thursday, as the Bank of England left its benchmark interest rate unchanged for the second straight meeting and indicated that the rate will remain higher for an extended period.
RTTNews | 656 дней спустя
Hawkish BoE Holds Rate At 15-Year High

Hawkish BoE Holds Rate At 15-Year High

The Bank of England left its benchmark interest rate unchanged for the second straight meeting on Thursday as economic activity in the UK is projected to be weaker than previously estimated and the labor market showed signs of loosening, and the bank vowed to keep the policy restrictive for sufficiently long to bring inflation back to the target sustainably.
RTTNews | 656 дней спустя
U.S. Jobless Claims Unexpectedly Edge Higher For Second Straight Week

U.S. Jobless Claims Unexpectedly Edge Higher For Second Straight Week

The Labor Department released a report on Thursday showing an unexpected uptick in first-time claims for U.S. unemployment benefits in the week ended October 28th. Initial jobless claims edged higher for the second consecutive week after falling to a nearly nine-month low of 200,000 in the week ended October 14th.
RTTNews | 656 дней спустя
U.S. Labor Productivity Surges More Than Expected In Q3

U.S. Labor Productivity Surges More Than Expected In Q3

Labor productivity in the U.S. shot up by more than expected in the third quarter of 2023, according to a report released by the Labor Department on Thursday. The Labor Department said labor productivity soared by 4.7 percent in the third quarter after surging by a revised 3.6 percent in the second quarter.
RTTNews | 656 дней спустя
U.S. Weekly Jobless Claims Unexpectedly Edge Higher

U.S. Weekly Jobless Claims Unexpectedly Edge Higher

The Labor Department released a report on Thursday showing an unexpected uptick in first-time claims for U.S. unemployment benefits in the week ended October 28th. The report said initial jobless claims crept up to 217,000, an increase of 5,000 from the previous week's revised level of 212,000.
RTTNews | 656 дней спустя
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Pound Climbs After BoE Decision

Pound Climbs After BoE Decision

As expected, the Bank of England kept the bank rate unchanged at 5.25 percent. Following the decision, the pound firmed against its major counterparts.
RTTNews | 656 дней спустя
Bay Street Looks Headed For Positive Start

Bay Street Looks Headed For Positive Start

Positive Asian and European stock markets and rising commodity prices point to a firm start for Canadian shares on Thursday. Optimism that the Federal Reserve is done with raising interest rates is likely to render the mood fairly bullish.
RTTNews | 656 дней спустя
Pound Mixed Ahead Of BoE Decision

Pound Mixed Ahead Of BoE Decision

The monetary policy announcement from the Bank of England is due at 8.00 am ET Thursday. The BoE is widely expected to keep the bank rate unchanged for the second straight meeting.
RTTNews | 656 дней спустя
Eurozone Manufacturing Activity Slump On Orders, Production

Eurozone Manufacturing Activity Slump On Orders, Production

Euro area manufacturing activity shrunk substantially in October due to accelerated contractions in new orders and production, the purchasing managers' survey results published by S&P Global revealed on Thursday. The HCOB manufacturing Purchasing Managers' Index, or PMI dropped to a three-month low of 43.1 in October from 43.4 in September. The score was slightly above the flash 43.0.
RTTNews | 656 дней спустя
Sensex, Nifty Follow Global Peers Higher On Fed Rate Optimism

Sensex, Nifty Follow Global Peers Higher On Fed Rate Optimism

Indian shares posted strong gains on Thursday, as a hawkish interest-rate hold by the Federal Reserve fueled hopes that the U.S. central bank is done with the most aggressive tightening cycle in four decades.
RTTNews | 656 дней спустя
Lufthansa Stock Up On Strong Q3 Results; Backs Outlook

Lufthansa Stock Up On Strong Q3 Results; Backs Outlook

Shares of Deutsche Lufthansa AG were gaining around 8 percent in the morning trading in Germany after the company reported higher third-quarter profit and revenues amid continued strong demand for air travel. Looking ahead for the fourth quarter, the German flag carrier said it expects to achieve a positive operating result. Further, profit outlook for 2023 and 2024 confirmed.
RTTNews | 656 дней спустя

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