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U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th.
RTTNews | 380 days ago
Bay Street May Open With Negative Bias On Weak Commodity Prices

Bay Street May Open With Negative Bias On Weak Commodity Prices

The Canadian market is likely to open with a negative bias on Friday, tracking weak crude oil and bullion prices. The focus is on the ADP data from the U.S., due this morning, and the Canadian and U.S. jobs reports, due on Friday, for clues about the rate decisions by the central banks of the two nations.
RTTNews | 380 days ago
FTSE Modestly Higher; Airline Stocks Drift Lower

FTSE Modestly Higher; Airline Stocks Drift Lower

The U.K. stock market is modestly higher in early afternoon trades on Thursday as investors making purchases at select counters amid expectations the Federal Reserve will announce an interest rate cut in its upcoming monetary policy meeting.
RTTNews | 380 days ago
CAC 40 Down Slightly; Sanofi Tanks Nearly 10%

CAC 40 Down Slightly; Sanofi Tanks Nearly 10%

French stocks are turning in a mixed performance on Thursday with investors largely making cautious moves while looking ahead to crucial economic data, including U.S. private sector jobs data, due later in the day, and U.S. non-farm payroll employment report, due on Friday.
RTTNews | 380 days ago
Pound Rises Amid Risk On Mood

Pound Rises Amid Risk On Mood

The British pound strengthened against other major currencies in the European session on Thursday amid risk-on mood by the investors, as a bond market sell-off stabilized and dovish Fed comments coupled with weak U.S. data reinforced rate-cut bets.
RTTNews | 380 days ago
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Sensex, Nifty End Off Day's Highs

Sensex, Nifty End Off Day's Highs

Indian shares ended Thursday's session on a positive note as global bond market worries subsided, oil extended steep overnight losses on oversupply concerns, and weak U.S. labor market data reinforced bets on a Federal Reserve interest-rate cut.
RTTNews | 380 days ago
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.
RTTNews | 380 days ago
DAX Up 0.32% Despite Coming Off Day's High

DAX Up 0.32% Despite Coming Off Day's High

The German market is up firmly in positive territory on Thursday, extending gains from the previous session, amid expectations the Federal Reserve will announce an interest rate cut after its monetary policy meeting next week.
RTTNews | 380 days ago
Eurozone Retail Sales Fall More Than Forecast

Eurozone Retail Sales Fall More Than Forecast

Eurozone retail sales declined more than expected in July largely reflecting a notable fall in food and auto fuel sales, official data showed Thursday. Retail sales posted a monthly fall of 0.5 percent, in contrast to the 0.6 percent increase in June, Eurostat reported. Sales were expected to fall 0.3 percent.
RTTNews | 380 days ago
UK Construction Sector Continues To Shrink

UK Construction Sector Continues To Shrink

The UK construction sector contracted for the eighth consecutive month in August due to marked reductions in the housing and civil engineering works, survey data published by S&P Global showed on Thursday. The construction Purchasing Managers' Index posted 45.5 in August, up from 44.3 in July. However, the score remained well below the 50.0 mark indicating sharp fall in construction output.
RTTNews | 380 days ago
European Shares Mostly Higher Before Debt Sales

European Shares Mostly Higher Before Debt Sales

European stocks were mostly higher on Thursday as bond market worries subsided, and investors awaited Eurozone retail sales data as well as debt auctions in France and the United Kingdom for direction.
RTTNews | 380 days ago

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