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Dollar Loses Ground Against Major Rivals After GDP, Jobless Claims Data
The U.S. dollar drifted lower against its major counterparts on Thursday as data showing a slower than expected pace of economic growth in the fourth quarter, and an increase in jobless claims, raised the possibility of the Federal Reserve pausing on interest rate hikes.
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863 gün önce
Swiss Market Ends Higher For 4th Straight Day
The Switzerland stock market ended on a firm note on Thursday, tracking positive global cues, as concerns over a banking crisis continued to fade.
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864 gün önce
European Stocks Close Higher Again
European stocks closed higher on Thursday, extending recent gains, as easing worries about a banking crisis and data showing a slowdown in inflation in Germany lifted sentiment.
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864 gün önce
U.S. Dollar Down Amid Disappointing Economic Data
The U.S. dollar fell against its most major counterparts in the New York session on Thursday, as the economy grew slightly less than previously estimated in the fourth quarter and weekly jobless claims increased moderately last week, supporting expectations that the Federal Reserve may pause interest rate hikes at the meeting in May.
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864 gün önce
Canadian Market Modestly Higher At Noon
The Canadian market is modestly higher around noon on Thursday, extending gains to a fifth straight session, as worries about global banking crisis continue to ease.
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864 gün önce
U.S. Weekly Jobless Claims Rise Slightly More Than Expected
The Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended March 25th. The report said initial jobless claims rose to 198,000, an increase of 7,000 from the previous week's unrevised level of 191,000. Economists had expected jobless claims to inch up to 196,000.
RTTNews
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864 gün önce
German Inflation Eases Markedly In March
Germany's consumer price inflation eased markedly in March as the sharp increase in energy prices seen over the same period last year dropped out of the annual comparison, flash estimate from Destatis showed Thursday. Consumer prices increased 7.4 percent year-on-year in March but this was notably weaker than the 8.7 percent increase registered in February.
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864 gün önce
more news
Eurozone Economic Sentiment Weakens In March
Eurozone economic sentiment weakened slightly in March due to lower confidence in industry, retail trade and construction, survey results from the European Commission showed on Thursday. The economic confidence index unexpectedly fell to 99.3 in March from 99.6 in February. The score was forecast to rise to 99.8.
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864 gün önce
U.S. Economic Growth Downwardly Revised To 2.6% In Q4
The U.S. economy grew by slightly less than previously estimated in the fourth quarter of 2022, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 2.6 percent in the fourth quarter compared to the previously reported 2.7 percent jump. Economists had expected the pace of growth to be unrevised.
RTTNews
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864 gün önce
U.S. GDP Grows Slightly Less Than Previously Estimated In Q4
The U.S. economy grew by slightly less than previously estimated in the fourth quarter of 2022, according to revised data released by the Commerce Department on Thursday.
RTTNews
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864 gün önce
U.S. Weekly Jobless Claims Rise To 198,000
The Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended March 25th.
RTTNews
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864 gün önce
U.S. Dollar Little Changed After GDP Data
U.S. final GDP data for the fourth quarter and weekly jobless claims for the week ended March 25 have been released at 8:30 am ET Thursday. After the data, the greenback changed little against its major counterparts.
RTTNews
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864 gün önce
U.S. Dollar Falls Vs Most Majors Ahead Of GDP Data
U.S. final GDP data for the fourth quarter and weekly jobless claims for the week ended March 25 are due at 8:30 am ET Thursday. Ahead of the data, the greenback traded mixed against its major counterparts. While the greenback held steady versus the yen, it fell against the rest of major rivals.
RTTNews
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864 gün önce
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