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European Stocks Close Lower On Growth Worries
European stocks closed lower on Thursday on continued uncertainty about the outlook for global economic growth due to the trade war and rising tensions in the Middle East. Investors digested a slew of policy announcements from central banks, including the Bank of England.
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160 gün önce
Canadian Market Down Marginally In Cautious Trade
Canadian shares are swinging between gains and losses in cautious trade on Thursday amid growing uncertainty about global economic growth due to escalating trade war.
Investors are also closely following the political developments in Canada amid reports the Prime Minister Mark Carney may call a snap election in late April.
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160 gün önce
U.S. Leading Economic Index Falls Slightly More Than Expected In February
A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators fell by slightly more than expected in the month of February. The Conference Board said its leading economic index decreased by 0.3 percent in February after slipping by a revised 0.2 percent in January.
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161 gün önce
U.S. Existing Home Sales Unexpectedly Surge 4.2% In February
After reporting a sharp pullback by U.S. existing home sales in the previous month, the National Association of Realtors released a report on Thursday showing existing home sales unexpectedly rebounded in the month of February. NAR said existing home sales surged by 4.2 percent to an annual rate of 4.26 million in February after tumbling by 4.7 percent to a revised rate of 4.09 million in January.
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161 gün önce
Bank Of England Pauses Rate Cuts Amid Trade Tensions
The Bank of England paused its monetary easing on Thursday amid intensifying uncertainty over global trade policy and weak economic growth in the U.K. The nine-member Monetary Policy Committee, headed by BoE Governor Andrew Bailey, decided to maintain the Bank Rate at 4.5 percent, which was the lowest level since June 2023. Only Swati Dhingra, an external member of the committee, preferred a qu
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161 gün önce
Philly Fed Index Extends Pullback But Still Indicates Growth In March
A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall but was less widespread in the month of March. The Philly Fed said its diffusion index for current general activity slid to 12.5 in March after plunging to 18.1 in February, although a positive reading still indicates growth.
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161 gün önce
U.S. Weekly Jobless Claims Inch Up To 223,000
First-time claims for U.S. unemployment benefits crept slightly higher in the week ended March 15th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims inched up to 223,000, an increase of 2,000 from the previous week's revised level of 221,000. Economists had expected jobless claims to rise to 224,000.
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161 gün önce
more news
Philly Fed Index Drops Less Than Expected In March
A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall but was less widespread in the month of March.
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161 gün önce
U.S. Weekly Jobless Claims Inch Slightly Higher
First-time claims for U.S. unemployment benefits crept slightly higher in the week ended March 15th, according to a report released by the Labor Department on Thursday.
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161 gün önce
FTSE Down Marginally Ahead Of BoE Announcement
UK stocks are down slightly in cautious trade on Thursday ahead of the Bank of England's monetary policy announcement.
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161 gün önce
CAC 40 Down 1.2%; Eurofins Scientific Rises Over 6% On Buyback Plan
French stocks are down in negative territory on Thursday, in line with other markets in Europe, with investors cashing in recent gains. Worries about the impact of tariffs and geopolitical tensions appear to be weighing as well.
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161 gün önce
UK Jobless Rate Remains Stable
The UK unemployment rate remained stable and wages continued to log strong growth in the three months to January period, official data revealed on Thursday. The ILO unemployment rate registered 4.4 percent in November to January, unchanged from the preceding period, figures from the Office for National Statistics showed. The rate matched expectations.
RTTNews
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161 gün önce
Swiss Franc Falls As SNB Slashes Rates By 25 Bps
The Swiss franc weakened against other major currencies in the European session on Thursday, after the Swiss National Bank trimmed its interest rate for the fifth consecutive meeting to the lowest since September 2022, amid heightened downside risks to inflation.
RTTNews
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161 gün önce
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