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U.S. Durable Goods Orders Unexpectedly Flat In January
The Commerce Department released a report on Friday showing new orders for U.S. manufactured durable goods unexpectedly came in flat in the month of January. The report said durable goods orders were virtually unchanged in January after falling by a revised 0.9 percent in December. Economists had expected durable goods orders to rise by 0.5 percent.
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182 days ago
U.S. PCE Price Index Rises In Line With Estimates In January, Annual Growth Unexpectedly Slows
Consumer prices in the U.S. increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in January after climbing by 0.4 in December. Economists had expected prices to rise by 0.3 percent.
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182 days ago
UK Economy Flatlines In January
The UK economy logged no growth in January, even before the onset of the conflict in the Middle East that created a significant oil supply shock. Gross domestic product remained flat after rising 0.1 percent in December and 0.2 percent in November, the Office for National Statistics reported. Economists had forecast a monthly growth of 0.2 percent.
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182 days ago
U.S. GDP Increases Much Less Than Previously Estimated In Q4
U.S. economic growth slowed by much more than previously estimated in the fourth quarter of 2025, according to a report released by the Commerce Department on Friday.
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182 days ago
U.S. Durable Goods Orders Unexpectedly Unchanged In January
The Commerce Department released a report on Friday showing new orders for U.S. manufactured durable goods unexpectedly came in flat in the month of January.
RTTNews
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182 days ago
U.S. PCE Price Index Increases In Line With Estimates In January
Consumer prices in the U.S. increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday.
RTTNews
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182 days ago
Euro Drops As Middle East War Continues
The euro weakened against most major currencies in the European session on Friday, as investors remains cautious amid concerns about potential economic impact of the ongoing conflict in the Middle East.
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182 days ago
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Bay Street Likely To Open On Cautious Note; Jobs Data In Focus
The Canadian market is likely to open on a cautious note on Friday amid persisting worries about growth due to the conflict in the Middle East. Investors will be reacting to the nation's jobs data.
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182 days ago
Euro Drops Against Most Majors
The euro weakened against most major currencies in the European session on Friday.
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182 days ago
Pound Falls As U.K. Economy Stagnates
The British pound weakened against other major currencies in the European session on Friday, after U.K. economy logged no growth in January, as growth in construction was offset by contraction in industry and flat services activity.
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182 days ago
FTSE 100 Pares Early Losses; Banks, Miners Drift Lower
UK's equity index FTSE 100 is roughly flat around late morning on Friday, recovering fairly well from an early setback. The mood in the market, however, remains cautious amid concerns about potential economic impact of the ongoing conflict in the Middle East and increasing prospects of a rate cut by the Bank of England this year.
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182 days ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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182 days ago
CAC 40 Modestly Lower In Cautious Trade
French stocks are showing weakness on Friday, losing ground for the third consecutive session, amid rising concerns about inflation due to the conflict in the Middle East.
Data showing an increase in France's consumer price inflation, and chances of a rate hike by the European Central Bank in the foreseeable future weigh on sentiment.
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183 days ago
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