Berita Valas
U.S. Existing Home Sales Unexpectedly Inch Higher In May
A report released by the National Association of Realtors on Thursday unexpectedly showed a modest increase in U.S. existing home sales in the month of May. NAR said existing home sales crept up by 0.2 percent to an annual rate of 4.30 million in May after tumbling by 3.2 percent to a revised rate of 4.29 million in April.
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1186 days ago
Turkish Central Bank Takes U-Turn By Lifting Key Rate By 650 Bps To 15%
Turkey's central bank raised its key interest rate for the first time in more than two years on Thursday, and massively, in the first meeting chaired by its newly appointed chief with the aim of establishing disinflation immediately and anchoring the inflation target. The Monetary Policy Committee, headed by the new Governor Hafize Gaye Erkan, decided to hike the policy rate by 650 bps to 15%.
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1186 days ago
U.S. Weekly Jobless Claims Remain At Highest Level Since October 2021
First-time claims for U.S. unemployment benefits were unchanged in the week ended June 17th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims came in at 264,000, unchanged from the previous week's revised level. Economists had expected jobless claims to edge down to 260,000 from the 262,000 originally reported for the previous week.
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1186 days ago
Spirit AeroSystems To Suspend Factory Operations; Stock Down 9%
Aerostructure manufacturer Spirit AeroSystems Holdings, Inc. (SPR) announced on Thursday that it will suspend factory operations prior to contract expiry.
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1186 days ago
Norges Bank Hints At Additional Tightening
Norway's central bank lifted the benchmark rate by a steeper-than-expected 50 basis points and hinted at another increase in August as higher wage growth and a weaker currency are set to push inflation higher in coming months. The Monetary Policy and Financial Stability Committee of Norges Bank decided to hike the policy rate to 3.75 percent from 3.25 percent.
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1186 days ago
U.S. Weekly Jobless Claims Unchanged At 264,000
First-time claims for U.S. unemployment benefits were unchanged in the week ended June 17th, according to a report released by the Labor Department on Thursday.
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1186 days ago
Bay Street Likely To Open Weak Again
The Canadian market is likely to open on a negative note Thursday morning, tracking lower commodity prices and weak European stocks.
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1186 days ago
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Wall Street Looks Headed For Weak Start
U.S. stocks look headed for a weak start Thursday morning, weighed down by lower stock and commodities futures and concerns about interest rate hikes and their impact on economic growth.
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1186 days ago
NRG Expects 7% To 9% Long-term Annual Dividend Per Share Growth
While hosting a virtual Investor Day later on Thursday, NRG Energy Inc. (NRG) said its management will provide an update on its consumer services strategy as well as new capital allocation framework and operating efficiency initiatives.
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1186 days ago
Accenture Raises FY23 Adj. EPS Outlook; Boosts Dividend 15% - Update
While reporting financial results for the third quarter on Thursday, professional services company Accenture plc (ACN) raised its earnings and adjusted earnings outlook for the full-year 2023, while trimming annual revenue growth forecast. It also provided revenue outlook for the fourth quarter.
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1186 days ago
Pound Rises Further After BoE Decision
In an unexpected move, the Bank of England raised its key rate by 50 basis points to 5.00 percent from 4.50 percent. Following the decision, the pound advanced further against its major counterparts.
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1186 days ago
Pound Climbs Ahead Of BoE Decision
The Bank of England's monetary policy announcement is due at 7:00 am ET Thursday. The BoE is widely expected to raise its key rate by 25 basis points to 4.75 percent from 4.50 percent.
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1186 days ago
Swiss Franc Drops After SNB Rate Hike
The Swiss franc fell against its major rivals in the European session on Thursday, as the Swiss National Bank continued its policy tightening but at a slower pace as expected.
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1186 days ago
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