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Philly Fed Index Unexpectedly Returns To Negative Territory In August
Manufacturing activity in the Philadelphia area has weakened in the month of August, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday. The Philly Fed said its diffusion index for current general activity tumbled to a negative 0.3 in August from a positive 15.9 in July, with a negative reading indicating contraction.
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13天前
U.S. Jobless Claims Rise More Than Expected To 235,000
First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended August 16th, according to a repot released by the Labor Department on Thursday. The report said initial jobless claims climbed to 235,000, an increase of 11,000 from the previous week's unrevised level of 224,000. Economists had expected jobless claims to inch up to 225,000.
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13天前
Euro, Pound Rises After Eurozone, U.K. PMI Reports
The European currency abd British pound strengthened against other major currencies in the European session on Thursday, after the release of Purchasing Managers' index data from both economies.
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13天前
Canadian Stocks May Open Slightly Weak
Canadian shares may open slightly down on Thursday with investors focusing on the upcoming speeches by central bank chiefs, including Fed Chair Jerome Powell, at the Jackson Hole Symposium.
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13天前
Philly Fed Index Slumps Much More Than Expected In August
Manufacturing activity in the Philadelphia area has weakened in the month of August, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday.
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13天前
U.S. Weekly Jobless Claims Rise More Than Expected
First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended August 16th, according to a repot released by the Labor Department on Thursday.
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13天前
FTSE 100 Slips Ahead Of Speeches At Jackson Hole Symposium
U.K. stocks are drifting down a bit on Thursday with investors largely staying cautious, digesting flash survey data on regional manufacturing and services sector activity, and looking ahead to the Jackson Hole Symposium.
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13天前
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CAC 40 Moderately Lower
French stocks are exhibiting weakness on Thursday in cautious trade, with investors awaiting speeches from central bank chiefs at the Jackson Hole Symposium, which gets underway later in the day. Investors are also digesting flash survey figures on regional manufacturing and services sector activity in the month of August.
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13天前
Eurozone Private Sector Expands At Fastest Pace In 15 Months
Eurozone private sector expanded at the fastest pace in 15 months in August on stronger growth in manufacturing output despite challenges posed by U.S. trade tariffs. The HCOB flash composite output index climbed more-than-expected to 51.1 in August from 50.9 in July, survey results from S&P Global revealed Thursday. The score was seen at 50.7.
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13天前
DAX Down Marginally
German stocks are down in negative territory on Thursday with investors making cautious moves while looking ahead to Fed Chair Jerome Powell's speech at the Jackson Hole Symposium for clues about the central bank's likely move on rate cuts this year.
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13天前
Sensex, Nifty Extend Gains For Sixth Day On GST Optimism
Indian shares extended gains for a sixth day running on Thursday as investors continued to remain optimistic about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).
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13天前
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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13天前
European Shares Subdued Ahead Of Jackson Hole Summit
European stocks were little changed on Thursday as investors looked ahead to Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium for hints of possible rate cuts this year.
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13天前
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