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Chicago Business Barometer Rises But Still Indicates Contraction In August
A reading on Chicago-area business activity saw a modest increase in the month of August but continues to indicate contraction, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer crept up to 46.1 in August from 45.3 in July, but a reading below 50 still indicates contraction.
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U.S. Consumer Prices Increase In Line With Estimates In July, Annual Growth Unexpectedly Flat
A highly anticipated report released by the Commerce Department on Friday showed U.S. consumer prices increased in line with economist estimates in the month of July, while the annual rate of price growth was unexpectedly flat. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after inching up by 0.1 percent in June.
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German Unemployment Rises Less Than Forecast
German unemployment increased less than expected in August despite weak economic activity, official data revealed Friday. The jobless rate stood at 6.0 percent in August, the same rate as seen in July and June, the Federal Employment Agency reported.
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U.S. Consumer Prices Increases In Line With Estimates In July
A highly anticipated report released by the Commerce Department on Friday showed U.S. consumer prices increased in line with economist estimates in the month of July, while the annual rate of price growth was unexpectedly flat.
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Bay Street Likely To Open On Mixed Note
Canadian shares may open on mixed note Friday morning with investors tracking global stocks and commodity prices, and reacting to Canadian GDP report and U.S. PCE price index reading.
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French Inflation Slows To 3-Year Low; Economy Logs Slower-Than-Estimated Growth
French inflation slowed to a three-year low in August due to the sharp slowdown in energy price growth and the economy registered a slower-than-initially estimated growth in the second quarter on weaker contribution from trade and subdued investment, official data revealed Friday. The consumer price index posted an annual increase of 1.9 percent after rising 2.3 percent in July, provisional data
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Sensex, Nifty Scale New Highs On Optimism About US Economy
Indian shares hit new record highs on Friday as positive U.S. labor market and GDP data pointed to a soft landing for the world's largest economy.
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Berita lainnya
Eurozone Inflation Lowest Since Mid-2021
Eurozone inflation softened to the lowest since mid-2021 in August on a fall in energy prices, adding chances of another interest rate cut by the European Central Bank. The harmonized index of consumer prices rose 2.2 percent on a yearly basis in August, slower than July's 2.6 percent increase, flash data from Eurostat showed Friday. This was the lowest since July 2021 and also matched expectati
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European Shares Extend Gains As Inflation Falls To 3-year Low
European stocks were moving higher on Friday as traders digested a slew of regional data and looked ahead to the release of core PCE price index, a key U.S. inflation measure, due later in the day for further direction.
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FTSE 100 Edges Higher Ahead Of US Inflation Data
U.K. stocks eked out modest gains to hit a three-month high on Friday as investors await the release of the core PCE price index, a key U.S. inflation measure, due later in the day.
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CAC 40 Gains As Inflation Cools
French stocks advanced on Friday as official data showed inflation cooled to a three-year low in August, adding impetus to calls for cuts to interest rates in the euro zone.
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Swiss Franc Falls As Traders Await U.S. PCE Data
The Swiss franc weakened against most major currencies in the European session on Friday, as traders now cautiously look ahead to the release of closely watched readings on U.S. consumer price inflation later in the day.
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771 hari yang lalu
DAX Modestly Higher Ahead Of Eurozone Inflation Data
German stocks traded slightly higher on Friday ahead of the release of the Eurozone CPI and U.S. PCE inflation data later in the day.
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