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U.S. Wholesale Inventories Jump More Than Expected In August

A report released by the Commerce Department on Friday showed U.S. wholesale inventories surged by more than expected in the month of August. The Commerce Department said wholesales inventories shot up by 1.3 percent in August after rising by 0.6 percent in July. Economists had expected inventories to jump by 1.1 percent.
RTTNews | 1044 ngày trước
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FTSE 100 Edges Higher In Choppy Trade

FTSE 100 Edges Higher In Choppy Trade

U.K. stocks were slightly higher in choppy trade on Friday as investors awaited a key U.S. jobs report due later in the day that could shed more clarity on labor market conditions.
RTTNews | 1045 ngày trước
Australian, NZ Dollars Fall On Fed Rate Hike Worries

Australian, NZ Dollars Fall On Fed Rate Hike Worries

The Australian and NZ dollars weakened against their major counterparts on Friday amid risk aversion, as investors continue to worry about the Federal Reserve's aggressive monetary policy stance that could push the economy into a recession.
RTTNews | 1045 ngày trước
CAC 40 Slips In Lackluster Trade Ahead Of US Jobs Report

CAC 40 Slips In Lackluster Trade Ahead Of US Jobs Report

French stocks were moving lower on Friday, a day after minutes from the European Central Bank's last meeting highlighted worries about exceptionally high levels of inflation and the need for aggressive policy tightening to bring it under control.
RTTNews | 1045 ngày trước
DAX Edges Lower On Weak Data

DAX Edges Lower On Weak Data

German stocks edged lower on Friday after data showed retail sales fell more than expected in August and industrial production contracted, stoking recession worries.
RTTNews | 1045 ngày trước

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