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South Korea Producer Prices Rise 0.3% In November
Producer prices in South Korea were up 0.3 percent on month in November, the Bank of Korea said on Friday - up from 0.2 percent in October.
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269 days ago
New Zealand Has NZ$163 Million Trade Shortfall
New Zealand posted a merchandise trade deficit of NZ$163 million in November, Statistics New Zealand said on Friday.
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269 days ago
Swiss Market Settles On Firm Note
After a slightly weak start and a subsequent recovery that resulted in a spell marginally above the flat line till about a couple of hours past noon, the Switzerland market's benchmark SMI gained in strength and ended the session on a firm note on Thursday.
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269 days ago
ECB Holds Rate Steady Again, Lifts Eurozone Growth Forecasts
The European Central Bank left its key interest rate unchanged for the fourth policy session in a row and raised the growth forecasts for the euro area citing support from domestic demand, but the bank also lifted the inflation projection for next year as policymakers expect services inflation to ease more slowly than expected earlier.
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269 days ago
European Markets Close On Firm Note After ECB, BoC Rate Decisions
European markets closed on a firm note on Thursday after staying somewhat subdued till a little past noon.
The BoE's 25-basis point rate cut, expectations of more monetary easing by the Fed after data showing a smaller-than-expected increase in CPI helped underpin sentiment.
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269 days ago
TSX Rises 1% As Technology, Financials Stocks Move Higher
Canadian stocks moved higher Thursday morning, after data showing a lower-than-expected US CPI reading raised hopes of more interest rate cuts by the Federal Reserve in the coming months.
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269 days ago
Philly Fed Index Unexpectedly Slumps Further Into Negative Territory In December
A report released by the Federal Reserve Bank of Philadelphia on Thursday unexpectedly showed a notable decrease by its reading on regional manufacturing activity in the month of December. The Philly Fed said its diffusion index for current general activity slumped to a negative 10.2 in December from a negative 1.7 in November, with a negative reading indicating contraction.
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269 days ago
more news
U.S. Annual Consumer Price Growth Unexpectedly Slows In November
The annual rate of growth by consumer prices has unexpectedly slowed, according to data released by the Labor Department on Thursday. The Labor Department said consumer prices in November were up by 2.7 percent compared to the same month a year ago. The year-over-year price growth in November reflects a notable slowdown from the 3.0 percent surge in September.
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269 days ago
U.S. Jobless Claims Decrease Roughly In Line With Estimates
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits declined roughly in line with economist estimates in the week ended December 13th. The Labor Department said initial jobless claims fell to 224,000, a decrease of 13,000 from the previous week's revised level of 237,000. Economists had expected jobless claims to slip to 225,000.
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269 days ago
Philly Fed Index Unexpected Slumps To -10.2 In December
A report released by the Federal Reserve Bank of Philadelphia on Thursday unexpectedly showed a notable decrease by its reading on regional manufacturing activity in the month of December.
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269 days ago
U.S. Consumer Prices Increase Modestly Over Two Months From September-November
Consumer prices in the U.S. saw a modest increase in over the two months from September to November, according to a report released by the Labor Department on Thursday.
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269 days ago
U.S. Weekly Jobless Claims Decrease To 224,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits declined roughly in line with economist estimates in the week ended December 13th.
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269 days ago
Bay Street Seen Opening On Mixed Note; U.S. CPI, PCE Readings In Focus
Canadian stocks may open on a mixed note Thursday morning, with investors assessing Canada non-farm payroll data, and U.S. consumer price inflation and personal consumption expenditure readings.
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269 days ago
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