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European Economic News Preview: Germany PPI Data Due
(RTTNews) - Producer price data from Germany is the only major statistical report due on Friday, headlining a very light day for the European economic news.
At 2.00 am ET, Destatis is scheduled to issue Germany's producer prices for April. Producer price inflation is seen easing to 4.0 percent from 7.5 percent in March.
At 4.00 am ET, Italy's statistical office ISTAT publishes construction output figures for March.
In the meantime, current account data is due from Bank of Greece.
At 6.00 am ET, consumer confidence data is due from Spain. The sentiment index is forecast to improve sharply to 78.9 in April from 67.4 in March.
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U.S. Existing Home Sales Unexpectedly Rebound In July
The National Association of Realtors released a report on Thursday showing an unexpected rebound by existing home sales in the U.S. in the month of July. The report said existing home sales jumped by 2.0 percent to an annual rate of 4.01 million in July after tumbling by 2.7 percent to an annual rate of 3.93 million in June.
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13 minutos atrás
Walmart Shares Hit As Q2 Profit Misses Street, Updates FY26 Outlook Below View
Shares of Walmart Inc. were losing around 5 percent in the morning trading after the retail behemoth reported second-quarter earnings below market estimates, despite a significant year-over-year growth. Meanwhile, net sales were higher and beat the Street estimates.
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Philly Fed Index Unexpectedly Returns To Negative Territory In August
Manufacturing activity in the Philadelphia area has weakened in the month of August, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday. The Philly Fed said its diffusion index for current general activity tumbled to a negative 0.3 in August from a positive 15.9 in July, with a negative reading indicating contraction.
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U.S. Jobless Claims Rise More Than Expected To 235,000
First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended August 16th, according to a repot released by the Labor Department on Thursday. The report said initial jobless claims climbed to 235,000, an increase of 11,000 from the previous week's unrevised level of 224,000. Economists had expected jobless claims to inch up to 225,000.
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52 minutos atrás
Euro, Pound Rises After Eurozone, U.K. PMI Reports
The European currency abd British pound strengthened against other major currencies in the European session on Thursday, after the release of Purchasing Managers' index data from both economies.
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1 h 43 min atrás
Canadian Stocks May Open Slightly Weak
Canadian shares may open slightly down on Thursday with investors focusing on the upcoming speeches by central bank chiefs, including Fed Chair Jerome Powell, at the Jackson Hole Symposium.
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1 h 49 min atrás
Philly Fed Index Slumps Much More Than Expected In August
Manufacturing activity in the Philadelphia area has weakened in the month of August, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday.
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2 h 1 min atrás
U.S. Weekly Jobless Claims Rise More Than Expected
First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended August 16th, according to a repot released by the Labor Department on Thursday.
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2 h 6 min atrás
