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Chicago Business Barometer Unexpectedly Indicates Faster Contraction In November
MNI Indicators released a report on Wednesday showing Chicago-area business activity unexpectedly contracted at an accelerated rate in the month of November. The report showed the Chicago business barometer tumbled to 37.2 in November from 45.2 in October, with a reading below 50 indicating a contraction.
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977 gün önce
US To Co-host Second Summit For Democracy in March
The United States will co-host the second Summit for Democracy during March 29-30, 2023, with Costa Rica, the Netherlands, South Korea, and Zambia. This diverse group of co-hosts underscores the universal desire for accountable, transparent, and rights-respecting governance. Building on the first Summit for Democracy held in December 2021, this gathering will demonstrate how democracies deliver
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977 gün önce
U.S. Q3 GDP Growth Unexpectedly Upwardly Revised To 2.9%
Revised data released by the Commerce Department on Wednesday unexpectedly showed the U.S. economy grew by more than previously estimated in the third quarter. The report said real gross domestic product spiked by 2.9 percent in the third quarter compared to the previously reported 2.6 percent surge. Economists had expected the pace of GDP growth to be unrevised.
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977 gün önce
U.S. Private Sector Job Growth Falls Well Short Of Estimates In November
Private sector job growth in the U.S. fell well short of economist estimates in the month of November, payroll processor ADP revealed in a report released on Wednesday. ADP said private sector employment increased by 127,000 jobs in November after surging by an unrevised 239,000 jobs in October. Economists had expected employment to jump by another 200,000 jobs.
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977 gün önce
German Unemployment Increases More Than Expected
Germany's unemployment increased more than expected in November as energy crisis and weaker demand dampened activity particularly in the manufacturing sector. The number of people out of work increased by 17,000, which was larger than economists' forecast of 13,000 and also October's rise of 9,000, data from the Federal Labor Agency revealed Wednesday.
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977 gün önce
U.S. GDP Unexpectedly Jumps More Than Previously Estimated In Q3
Revised data released by the Commerce Department on Wednesday showed the U.S. economy grew by more than previously estimated in the third quarter.
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977 gün önce
U.S. Private Sector Employment Increases Much Less Than Expected In November
Private sector job growth in the U.S. fell well short of economist estimates in the month of November, payroll processor ADP revealed in a report released on Wednesday.
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977 gün önce
more news
Bay Street Seen Opening On Positive Note
Canadian shares are likely to open on a positive note on Wednesday, tracking higher crude oil and bullion prices, as well as firm European markets.
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977 gün önce
Dollar Drops Following ADP Data
U.S. ADP private payrolls data for November has been released at 8:15 am ET Wednesday. The greenback slipped against its major counterparts after the data.
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977 gün önce
Dollar Mixed Ahead Of ADP Data
U.S. ADP private payrolls data for November is scheduled for release at 8:15 am ET Wednesday. Ahead of the data, the greenback traded mixed against its major counterparts. While the currency eased against the yen, it held steady against the rest of major counterparts.
RTTNews
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977 gün önce
Wall Street Likely To Open With Slightly Positive Bias
Slightly higher futures and a firm trend in European markets point to a positive start for U.S. stocks on Wednesday.
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977 gün önce
Eurozone Inflation Eases For First Time Since Mid-2021
Eurozone inflation moderated for the first since the middle of 2021 driven by a marked slowdown in energy price growth, however the European Central Bank is expected to deliver another interest rate hike next month given the sticky core inflation.
Inflation slowed more-than-expected to 10.0 percent in November from 10.6 percent in October, flash estimate from Eurostat showed Wednesday. Inflation
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977 gün önce
Thai Central Bank Lifts Rate By 25 Bps
Thailand's central bank raised its interest rate by a quarter point as inflation is set to remain high on domestic energy prices. The Monetary Policy Committee of the Bank of Thailand unanimously decided to raise the policy rate by 0.25 percentage point to 1.25 percent, with immediate effect.
This was the third rate hike this year after a 25 basis point increase in September and August.
RTTNews
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977 gün önce
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