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Japan Capex Data On Tap For Monday
Japan will on Monday see Q4 numbers for capital spending and February figures for monetary base, highlighting a modest day for Asia-Pacific economic activity. In January, the monetary base was up 4.7 percent on year, while capex improved an annual 3.4 percent in the third quarter.
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Pred 542 dňami
Dollar Loses Ground Against Major Counterparts On Rate Cut Bets
The U.S. dollar weakened against its major counterparts on Friday amid bets the Federal Reserve will likely cut interest rate in June after data showed a slowdown in manufacturing activity in the U.S., and a drop in consumer sentiment.
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Pred 544 dňami
TSX Ends At Near 2-year Closing High, Gains 0.65% In Week
Canadian stocks turned in a fine performance on Friday with investors indulging in some hectic buying at several counters from across various sectors.
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Pred 544 dňami
U.S. Construction Spending Unexpectedly Pulls Back Modestly In January
A report released by the Commerce Department on Friday unexpectedly showed a modest decrease in U.S. construction spending in the month of January. The Commerce Department said construction spending slipped by 0.2 percent to an annual rate of $2.102 trillion in January after jumping by 1.1 percent to a revised rate of $2.106 trillion in December.
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Pred 544 dňami
U.S. Consumer Sentiment Unexpectedly Deteriorates In February
Consumer sentiment in the U.S. unexpectedly deteriorated in the month of February, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for February was downwardly revised to 76.9 from the previously reported 79.6. Economists had expected the reading to be unrevised.
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Pred 544 dňami
Swiss Market Ends On Firm Note On Strong Retail Sales Data
Swiss stocks turned in a fairly steady performance on Friday on upbeat retail sales data, and amid optimism the Federal Reserve will announce an interest-rate cut in June.
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Pred 544 dňami
Fed Notes Inflation Has Eased Substantially But Remains Above Target
The Federal Reserve released its semi-annual monetary policy report to Congress on Friday, noting that inflation has eased substantially over the past year but remains above the central bank's 2 percent objective.
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Pred 544 dňami
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European Stocks Close Higher On Positive Reaction To Eurozone Inflation Data
European stocks closed broadly higher on Friday as data showed eurozone inflation fell in February, albeit less than expected. Optimism about the Federal Reserve and the European Central Bank cutting their interest rates in June helped underpin sentiment.
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Pred 544 dňami
U.S. Dollar Drops As Weak Economic Data Boosts Rate Cut Hopes
The U.S. dollar weakened against its major counterparts in the New York session on Friday, as weak manufacturing and consumer confidence data for February increased the possibility of a rate cut in June.
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Pred 544 dňami
BoE's Pill Says Cutting Bank Rate Remains Some Way Off
Bank of England Chief Economist Huw Pill said on Friday that an interest rate cut from the U.K. central bank was not imminent. "...in my baseline scenario the time for cutting Bank Rate remains some way off," Pill said in a speech in Cardiff.
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Pred 544 dňami
Kansas City Fed Services Activity Index Jumps Into Positive Territory In February
Service sector activity in the middle of the U.S. saw a notable turnaround in the month of February, according to a report released by the Federal Reserve Bank of Kansas City on Friday.
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Pred 544 dňami
U.S. Manufacturing Activity Unexpectedly Contracts At Faster Rate In February
Manufacturing activity in the U.S. unexpectedly contracted at an accelerated rate in the month of February, according to a report released by the Institute for Supply Management on Friday. The ISM said its manufacturing PMI dipped to 47.8 in February from 49.1 in January, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 49.5.
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Pred 544 dňami
U.S. Consumer Sentiment Index For February Unexpectedly Downwardly Revised
Consumer sentiment in the U.S. unexpectedly deteriorated in the month of February, according to revised data released by the University of Michigan on Friday.
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Pred 544 dňami
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