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U.S. Dollar Moves Sharply Lower Following Jobs Data

The value of the U.S. dollar has shown a significant move to the downside during trading on Friday, extending the sharp pullback seen on Thursday. The U.S. dollar index has tumbled 1.03 points or 1.0 percent or 105.09, falling to its lowest levels in well over a month.
RTTNews | 664 дней спустя
U.S. Service Sector Growth Slows More Than Expected In October

U.S. Service Sector Growth Slows More Than Expected In October

A report released by the Institute for Supply Management on Friday showed a bigger than expected slowdown in the pace of growth in U.S. service sector activity in the month of October. The ISM said its services PMI fell to 51.8 in October from 53.6 in September, although a reading above 50 still indicates growth. Economists had expected the index to edge down to 53.0.
RTTNews | 664 дней спустя
U.S. Job Growth Falls Short Of Estimates In October

U.S. Job Growth Falls Short Of Estimates In October

After reporting much stronger than expected job growth in the previous month, the Labor Department released a report on Friday showing U.S. employment rose by less than expected in the month of October. The closely watched report said employment climbed by 150,000 jobs in October after jumping by a revised 297,000 jobs in September. Economists had expected employment to increase by 180,000 jobs.
RTTNews | 664 дней спустя
Tobacco, E-Cigarette Use Among High School Students Drop: FDA, CDC

Tobacco, E-Cigarette Use Among High School Students Drop: FDA, CDC

Overall tobacco product use among U.S. high school students declined in 2023, primarily attributable to reduced e-cigarette use, the U.S. Food and Drug Administration and the Centers for Disease Control and Prevention or CDC said, citing the 2023 National Youth Tobacco Survey or NYTS. Meanwhile, there was an increase in current overall tobacco product use and multiple tobacco product use...
RTTNews | 664 дней спустя
U.S. Employment Climbs Less Than Expected In October

U.S. Employment Climbs Less Than Expected In October

After reporting much stronger than expected job growth in the previous month, the Labor Department released a report on Friday showing U.S. employment rose by less than expected in the month of October.
RTTNews | 664 дней спустя
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Euro Higher On Bets Of Peak Interest Rates

Euro Higher On Bets Of Peak Interest Rates

The euro climbed against its major counterparts in the European session on Friday, as weak U.S. economic data released overnight spurred bets that the Federal Reserve was done with its rate hikes for the year.
RTTNews | 664 дней спустя
Societe Generale Q3 Profit Hit By French Retail Issues

Societe Generale Q3 Profit Hit By French Retail Issues

French financial service provider Societe Generale S.A. reported Friday a sharp drop in its third-quarter profit amid weak revenues. According to the company, the net result was penalized by the negative effect of short-term hedges on net interest income in French retail, the impact of which peaked in the third quarter.
RTTNews | 664 дней спустя
UK Service Sector Logs Another Contraction In October

UK Service Sector Logs Another Contraction In October

The UK service sector shrank for the third straight month in October as the cost of living pressures, high interest rates and weak consumer sentiment curbed demand, survey data published by S&P Global and the Chartered Institute of Procurement & Supply showed Friday. At 49.5, the services Purchasing Managers' Index rose from 49.3 in September. The flash reading was 49.2.
RTTNews | 664 дней спустя
Sensex Tops 64,350 On Rate Optimism; Nifty Ends At 19,230

Sensex Tops 64,350 On Rate Optimism; Nifty Ends At 19,230

Indian shares eked out modest gains on Friday to extend Thursday's rally on optimism that major central banks including the Federal Reserve, Bank of England and the European Central Bank are nearly done with interest rate hikes.
RTTNews | 664 дней спустя
FTSE 100 Gains Ahead Of US Payrolls Data

FTSE 100 Gains Ahead Of US Payrolls Data

U.K. stocks edged higher on Friday as weak U.S. economic data spurred bets that the Federal Reserve was done with its rate hikes for the year.
RTTNews | 664 дней спустя

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