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Australia Trade Data On Tap For Thursday
(RTTNews) - Australia will on Thursday release June figures for imports, exports and trade balance, highlighting a very light day for Asia-Pacific economic activity.
In May, imports were up 5.8 percent on month and exports rose 9.5 percent for a trade surplus of A$15.965 billion.
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U.S. Dollar Advances Amid Oil-Linked Inflation Concerns, PPI Data Release
The U.S. Dollar value edged higher as oil prices surged after U.S. President Donald Trump expressed that the war with Iran may go on until November. In addition, investors parsed stronger-than-expected Producer Prices Index released today.
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1h 0min ago
TSX Drops To 5-week Low, Set To End Weak For 6th Straight Day
anadian stock market's benchmark S&P/TSX Composite Index fell to five-week low on Thursday, weighed down by concerns about inflation as oil prices continued to surge and bond yields climbed higher.
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3h 31min ago
Swiss Market Ends On Weak Note After Choppy Ride
Swiss stocks swung between gains and losses on Thursday as investors stayed largely cautious. Higher oil prices and concerns about geopolitical tensions weighed.
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3h 52min ago
Oil Surge, ECB Rate Hike Weigh On European Market Sentiment
European equities declined Thursday as the European Central Bank raised interest rates by 25 basis points to 2.5% and increased inflation forecasts. Brent crude surged over 5.5% to $107 per barrel, amplifying inflation concerns across the continent.
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4h 19min ago
U.S. Wholesale Inventories Jump 1.3% In July, In Line With Estimates
The Commerce Department released a report on Thursday showing a sharp increase in wholesale inventories in the U.S. in the month of July.
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5h 40min ago
ECB Raises Deposit Rate To 2.50% Amid Inflation Fears
The European Central Bank raised interest rates on Thursday, as expected, prompted by the fears of an inflation shock as energy prices surge amid the recent escalation of the Iran war.
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7h 1min ago
U.S. Existing Home Sales Drop Below 4.0 Mln For First Time Since June 2025
A report released by the National Association of Realtors on Thursday showed an extended slump by existing home sales in the U.S. in the month of August. NAR said existing home sales dove by 2.0 percent to an annual rate of 3.98 million in August after tumbling by 1.7 percent to an annual rate of 4.06 million in July.
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7h 4min ago
U.S. Producer Prices Increase 0.4% In August, In Line With Estimates
Producer prices in the U.S. increased in line with economist estimates in the month of August, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand rose by 0.4 percent in August following a revised 0.1 percent uptick in July.
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7h 26min ago
