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Australia Unemployment Data Due On Thursday
Australia will on Thursday release October figures for unemployment, highlighting a modest day for Asia-Pacific economic activity.
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U.S. Dollar Regains Ground Following Yesterday's Nosedive
Following the nosedive seen during trading on Tuesday, the value of the U.S. dollar has regained some ground on Wednesday. The U.S. dollar index is rising 0.36 points or 0.3 percent to 104.41 after plunging to its lowest levels in over two months on Tuesday.
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Swiss Market Ends Slightly Weak
After staying positive till around mid afternoon on Wednesday, Swiss stocks turned subdued and eventually ended the day's session marginally down.
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European Stocks Close Higher On Encouraging Economic Data
European stocks closed on a firm note on Wednesday, continuing to react positively to U.S. consumer price inflation data that helped ease concerns about Federal Reserve's interest-rate path.
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U.S. Dollar Recovers As Retail Sales Fall Less Than Forecast
The U.S. dollar rebounded against its major counterparts in the New York session on Wednesday, as the nation's retail sales edged down less than expected in October.
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U.S. Business Inventories Increase In Line With Estimates In September
Business inventories in the U.S. rose in line with economist estimates in the month of September, according to a report released by the Commerce Department on Wednesday. The report said business inventories climbed by 0.4 percent in September, matching the increase seen in August as well as expectations.
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New York Manufacturing Activity Unexpectedly Expands In November
New York manufacturing activity unexpectedly showed a significant turnaround in the month of November, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index surged to a positive 9.1 in November from a negative 4.6 in October, with a positive reading indicating growth.
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more news
U.S. Retail Sales Edge Down 0.1% In October, Less Than Expected
A report released by the Commerce Department on Wednesday showed retail sales in the U.S. edged slightly lower in the month of October. The Commerce Department said retail sales slipped by 0.1 percent in October, while economists had expected sales to dip by 0.3 percent. The modest decrease in retail sales partly reflected a sharp pullback in sales by motor vehicle and parts dealers.
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U.S. Producer Prices Unexpectedly Decrease Amid Sharp Drop In Gas Prices
On the heels of yesterday's report showing consumer prices were unchanged, the Labor Department released a separate report on Wednesday showing an unexpected decrease in U.S. producer prices in the month of October. The unexpected monthly decrease partly reflected a sharp pullback in energy prices, with gasoline prices leading the way lower.
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Eurozone Economy To Undergo Moderate Recovery After Challenging Year: EU
The euro area economy is expected to recover only moderately after a challenging year during which growth was damped by weak consumption and subdued foreign demand, the European Commission said in its Autumn Forecast, released Wednesday. The EU forecast the 20-nation currency bloc to grow by a modest 0.6 percent in 2023, which is less than the 0.8 percent estimated previously.
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New York Manufacturing Index Unexpectedly Turns Positive In November
New York manufacturing activity unexpectedly showed a significant turnaround in the month of November, according to a report released by the Federal Reserve Bank of New York on Wednesday.
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641 dagar sedan
U.S. Retail Sales Edge Down Less Than Expected In October
A report released by the Commerce Department on Wednesday showed retail sales in the U.S. edged slightly lower in the month of October. The Commerce Department said retail sales slipped by 0.1 percent in October after jumping by an upwardly revised 0.9 percent in September.
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U.S. Producer Prices Unexpectedly Decline 0.5% In October
After yesterday's report showing consumer prices were unchanged, the Labor Department released a separate report on Wednesday showing an unexpected decrease in U.S. producer prices in the month of October.
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