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Japan GDP Data Due On Thursday

Japan will on Thursday release Q4 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to add 0.2 percent on quarter and 0.8 percent on year after slipping 0.3 percent on quarter and 1.0 percent on year in Q3.
RTTNews | 903 ngày trước
Dollar Moves In Tight Range

Dollar Moves In Tight Range

The U.S. dollar moved in a tight range on Wednesday, but stayed largely firm against its major counterparts, with investors reacting to the Federal Reserve's testimony before the Congress, and digesting the private sector jobs data.
RTTNews | 903 ngày trước
Fed's Beige Book Says U.S. Economic Activity Increased Slightly

Fed's Beige Book Says U.S. Economic Activity Increased Slightly

The Federal Reserve released its Beige Book on Wednesday, with the report indicating overall economic activity in the U.S. increased slightly in early 2023. The Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed districts, said six districts reported little or no change in economic activity since the last report.
RTTNews | 903 ngày trước
Swiss Market Ends Weak For 3rd Straight Day

Swiss Market Ends Weak For 3rd Straight Day

The Switzerland stock market ended weak on Wednesday, extending recent losses, as concerns about interest rates and slowing growth rendered the mood a bit bearish again.
RTTNews | 903 ngày trước
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Japanese Yen Higher On Fed Rate Hike Concerns

Japanese Yen Higher On Fed Rate Hike Concerns

The Japanese yen climbed against its major counterparts during the European session on Wednesday, as hawkish comments from Fed Chair Jerome Powell stoked concerns about the possibility of a larger rate hike by the central bank later in the month.
RTTNews | 904 ngày trước
Bank Of Canada Leaves Interest Rates Unchanged As Forecast

Bank Of Canada Leaves Interest Rates Unchanged As Forecast

After signaling in January that it was done raising interest rates, the Bank of Canada followed through on Wednesday and left rates unchanged. The Bank of Canada said its Governing Council decided to maintain the policy rate at 4.5 percent, noting global economic developments have evolved broadly in line with the January outlook.
RTTNews | 904 ngày trước
U.S. Trade Deficit Widens Less Than Expected To $68.3 Billion In January

U.S. Trade Deficit Widens Less Than Expected To $68.3 Billion In January

The U.S. trade deficit saw a modest increase in the month of January, according to a report released by the Commerce Department on Wednesday. The Commerce Department said the trade deficit widened to $68.3 billion in January from a revised $67.2 billion in December.
RTTNews | 904 ngày trước
U.S. Private Sector Employment Jumps In February, Wage Growth Slows

U.S. Private Sector Employment Jumps In February, Wage Growth Slows

A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by more than expected in the month of February. ADP said private sector employment jumped by 242,000 jobs in February after climbing by an upwardly revised 119,000 jobs in January.
RTTNews | 904 ngày trước

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