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New Zealand Manufacturing Sector Climbs Into Expansion - BusinessNZ
The manufacturing sector in New Zealand moved up into expansion territory in January, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI core of 51.4.
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Canadian Market Looks Set To End Week On A Firm Note
The Canadian market remains firmly placed in positive territory Thursday afternoon, lifted by gains in communications, technology and real estate sectors recording impressive gains.
Despite concerns about tariff and fears of a trade war, the mood in the market remains fairly bullish.
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Swiss Market Ends On Buoyant Note
The Switzerland market closed on a buoyant note on Thursday with stocks from across several sectors moving higher on sustained buying interest amid optimism about earnings and hopes of some interest rate cuts by central banks.
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European Stocks Closed On Firm On Earnings, Slightly Easing Geopolitical Concerns
European markets closed higher on Thursday, and several indexes climbed to fresh record or multi-month highs, as investors picked up stocks, reacting to earnings and on hopes of an end to the war in Ukraine.
Hopes of more monetary easing by central banks, and optimism about an end to the ongoing war in Ukraine contributed to markets' upmove.
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U.S. Dollar Drops On Russia-Ukraine Peace Hopes
The U.S. dollar weakened against its major counterparts in the New York session on Thursday, amid optimism about ending the Russia-Ukraine war.
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U.S. Producer Price Growth Slightly Exceeds Estimates In January
Following yesterday's hotter than expected consumer price inflation data, the Labor Department released a report on Thursday showing U.S. producer prices also increased by slightly more than anticipated in the month of January. The Labor Department said its producer price index for final demand rose by 0.4 percent in January after climbing by an upwardly revised 0.5 percent in December.
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U.S. Jobless Claims Dip Slightly More Than Expected To 213,000
First-time claims for U.S. unemployment benefits fell by slightly more than expected in the week ended February 8th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 213,000, a decrease of 7,000 from the previous week's revised level of 220,000.
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Berita lainnya
Siemens Q1 Net Profit Surges, Orders Down; Backs FY25 View; Stock Up
Shares of Siemens AG were gaining around 6 percent in the German trading on the XETRA after the conglomerate on Thursday reported significantly higher profit in its first quarter, benefited by a gain on sale of Innomotics, and confirmed fiscal 2025 comparable revenue growth outlook. This was despite reporting weak earnings from continuing operations and orders in the quarter.
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U.S. Producer Prices Rise Slightly More Than Expected In January
Following yesterday's hotter than expected consumer price inflation data, the Labor Department released a report on Thursday showing U.S. producer prices also increased by slightly more than anticipated in the month of January.
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U.S. Weekly Jobless Claims Dip Slightly More Than Expected
First-time claims for U.S. unemployment benefits fell by slightly more than expected in the week ended February 8th, according to a report released by the Labor Department on Thursday.
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UK Economy Unexpectedly Returns To Growth
The U.K. economy logged a surprise expansion in the fourth quarter of 2024, but the mild growth is unlikely to ease the pressure on the Chancellor who aims to turbocharge growth. Gross domestic product grew 0.1 percent from the third quarter, when there was nil growth, the Office for National Statistics reported Thursday.
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Bay Street Likely To Open With Positive Bias
Canadian shares may open with a positive bias Thursday morning, tracking higher metal prices. Weak crude oil prices could trigger some selling in the energy space and limit market's upside.
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Eurozone Industrial Output Falls More Than Expected
Eurozone industrial production registered a bigger-than-expected decline in December on sharp falls in capital a
Industrial output fell 1.1 percent in December from November. The fall was deeper than the forecast of 0.6 percent also reversed the 0.4 percent increase in November. Among major industrial groupings, only non-durable consumer goods and energy production improved from the last month.
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