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U.S. Wholesale Inventories Fall More Than Expected In October

U.S. Wholesale Inventories Fall More Than Expected In October

A report released by the Commerce Department on Thursday showed U.S. wholesale inventories fell by more than expected in the month of October. The Commerce Department said wholesale inventories declined by 0.4 percent in October after coming in unchanged in September. Economists had expected wholesale inventories to dip by 0.2 percent.
RTTNews | 1027 hari yang lalu
Japanese Yen Rallies On BoJ Pivot Hopes

Japanese Yen Rallies On BoJ Pivot Hopes

The Japanese yen climbed against its major counterparts in the European session on Thursday, as comments from Bank of Japan governor Kazuo Ueda boosted hopes that the central will end its negative interest-rate policy soon.
RTTNews | 1027 hari yang lalu
UBS Board Approves Execution Of UBS-Credit Suisse Merger

UBS Board Approves Execution Of UBS-Credit Suisse Merger

Swiss banking giant UBS AG (UBS) announced Thursday its Board of Directors has approved the execution of a merger of UBS AG and Credit Suisse AG. Following approvals from their respective Boards, both entities have entered into a definitive merger agreement.
RTTNews | 1027 hari yang lalu
U.S. Weekly Jobless Claims Inch Slightly Higher

U.S. Weekly Jobless Claims Inch Slightly Higher

First-time claims for U.S. unemployment benefits inched slightly higher in the week ended December 2nd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims ticked up to 220,000 from the previous week's revised level of 219,000. Economist had expected jobless claims to rise to 222,000
RTTNews | 1027 hari yang lalu
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Eurozone 0.1% Q3 GDP Contraction Confirmed

Eurozone 0.1% Q3 GDP Contraction Confirmed

The euro area economy contracted marginally in the third quarter as previously estimated, solely due to weaker global demand, suggesting that the currency bloc is on the verge of a recession. Gross domestic product shrunk 0.1 percent quarterly, offsetting the 0.1 percent expansion in the second quarter, data published by Eurostat showed on Thursday.
RTTNews | 1027 hari yang lalu
JetBlue Airways Boosts Q4, FY23 Outlook

JetBlue Airways Boosts Q4, FY23 Outlook

While announcing operational and financial update of its expected fourth quarter and full-year 2023 results on Thursday, JetBlue Airways Corp. (JBLU) said it achieved a 99.9 percent completion factor for the month of November and 100 percent completion factor for the Thanksgiving peak period.
RTTNews | 1027 hari yang lalu
Bay Street Seen Opening On Subdued Note

Bay Street Seen Opening On Subdued Note

Canadian shares are likely to open on a subdued note on Thursday, tracking weak clues from Asian and European markets. Slightly higher crude oil prices might trigger some buying in the energy space.
RTTNews | 1027 hari yang lalu
U.S. Dollar Weakens As Investors Await Jobs Report

U.S. Dollar Weakens As Investors Await Jobs Report

The U.S. dollar lost ground against its major counterparts in the European session on Thursday, as investors brace for the U.S. jobs report due Friday for important clues on the Fed's rate trajectory.
RTTNews | 1027 hari yang lalu
UK Halifax House Prices Rise For Second Month

UK Halifax House Prices Rise For Second Month

UK house prices increased for the second successive month in November largely reflecting shortage of properties, results of a survey by the Lloyds Bank subsidiary Halifax and S&P Global showed Thursday. House prices grew 0.5 percent in November from October, when they rose 1.2 percent. The pace of growth also exceeded forecast of 0.3 percent.
RTTNews | 1027 hari yang lalu

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