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U.S. Dollar Extends Gain Amid Upward Revision To GDP, Falling Jobless Claims
The U.S. dollar extended gains against its major counterparts in the New York session on Thursday, as the nation's jobless claims came in lower than expected last week and economic growth was revised upwards for the first quarter, bolstering hopes for a tighter monetary policy from the Federal Reserve.
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789 วันที่ผ่านมา
Canadian Market Extending Losses; TSX Down Nearly 1%
The Canadian market is down in negative territory a little past noon on Thursday, extending early losses, due to heavy selling in energy, materials and communications sectors.
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789 วันที่ผ่านมา
Turkish Central Bank Keeps Policy Rate Unchanged At 8.50%
Turkey's central bank maintained its key interest rate for the third straight time at its May meeting on Thursday, and policymakers assessed that the current monetary policy stance is adequate to support the necessary recovery from the outcome of the earthquake by maintaining price stability and financial stability.
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789 วันที่ผ่านมา
U.S. Pending Home Sales Unexpectedly Unchanged In April
After reporting a sharp pullback in U.S. pending home sales in the previous month, the National Association of Realtors released a report on Thursday showing pending sales were unexpectedly unchanged in April.
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789 วันที่ผ่านมา
U.S. GDP Grows More Than Previously Estimated In Q1
Economic growth in the U.S. slowed less than previously estimated in the first three month of 2023, according to revised data released by the Commerce Department on Thursday. The Commerce Department said gross domestic product climbed by 1.3 percent in the first quarter compared to the previously estimated 1.1 percent increase.
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789 วันที่ผ่านมา
Best Buy, Dollar Tree Q1 Earnings Top Estimates
Retailers Best Buy Co., Inc. (BBY) and Dollar Tree Inc. (DLTR) reported on Thursday profits for the first quarter that decreased from last year, but results topped analysts' estimates. However, net sales missed estimates. Best Buy maintained its guidance for the full-year 2023, while Dollar Tree slashed its earnings outlook for the full-year 2023.
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789 วันที่ผ่านมา
Germany Slid Into Recession In Q1
The German economy entered a technical recession in the first quarter, in contrast to the initial estimate, as high inflation damped household consumption, official data revealed Thursday. Gross domestic product declined a seasonally and calendar adjusted 0.3 percent from the fourth quarter of last year, when the economy shrank 0.5 percent, Destatis reported.
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789 วันที่ผ่านมา
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U.S. Weekly Jobless Claims Inch Up From Downwardly Revised Level
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended May 20th. The Labor Department said initial jobless claims crept up to 229,000, an increase of 4,000 from the previous week's downwardly revised level of 225,000.
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789 วันที่ผ่านมา
Indonesia Central Bank Keeps Rate Unchanged
Indonesia's central bank left its benchmark rate unchanged for the fourth consecutive meeting on Thursday, as inflation moved closer to the target. The Board of Governors of Bank Indonesia, led by Governor Perry Warjiyo, decided to hold the seven-day reverse repo rate at 5.75 percent. The deposit facility rate was retained at 5.00 percent and the lending facility rate at 6.50 percent.
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789 วันที่ผ่านมา
U.S. First Quarter GDP Growth Unexpectedly Upwardly Revised
Economic growth in the U.S. slowed less than previously estimated in the first three month of 2023, according to revised data released by the Commerce Department on Thursday.
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789 วันที่ผ่านมา
U.S. Weekly Jobless Claims Inch Up To 229,000
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended May 20th.
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789 วันที่ผ่านมา
Bank Of Korea Holds Key Rate Steady At 3.50%
South Korea's central bank left its key interest rate unchanged for the third straight meeting on Thursday but the bank chief signaled that more rate hikes cannot be ruled out due to the persistent inflation. The Monetary Policy Board of the Bank of Korea, headed by Governor Rhee Chang-yong, unanimously decided to keep the Base Rate unchanged at 3.50 percent.
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789 วันที่ผ่านมา
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note on Thursday with investors reacting to earnings announcements from major banks, and tracking global cues and commodity prices.
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789 วันที่ผ่านมา
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