The SET index moved in a. hold a policy meeting on Thursday, Germany will release its July Ifo business climate update for July and the US will release June durable goods orders. The US will.
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Europe’s main stock markets have rebounded strongly as traders welcomed some clarity from Federal Reserve chief Janet Yellen on the outlook for US interest rates. London’s benchmark FTSE 100 index.
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US futures are pointing to a higher open on Wall Street on the final trading day of the week, buoyed by better than expected earnings reports after the close on Thursday.
U.S. stocks closed lower Friday following disappointing results from Twitter Inc. and bellwethers, including Exxon and Intel. The highly-anticipated release of gross domestic product data also.
Thursday has seen a rebound in stock indices though, with investors finding encouragement in data from the Commerce Department that shows the US economy grew at a faster-than-expected pace in the third quarter. The first estimate of third-quarter change in GDP came in at a vigorous 3.5% (annualized).
U.S. stocks closed lower on Thursday following abrupt break-down of the summit meeting between President Donald Trump and his North Korean counterpart Kim Jong Un. Stock Market News For Mar 1.
Headline US stocks rise after upbeat GDP report. Stocks have climbed since mid-March on investor expectations of a strong economic rebound.
The consumer price index rose 2.3 percent year-on-year following a 2 percent increase, each in July and August. Economists had expected the rate to remain unchanged. The buck has risen to around $1.31 against the pound sterling Thursday afternoon, from an early low of $1.3178.
Official China gdp numbers reported 6.5% growth for the quarter, below analyst views and the official target of a 6.6% gain. But uncertainty over the official numbers had some analysts calling for.
The stock market will look to bounce back during what could be. A handful of economic reports will drop this week, including a final gdp report for the third quarter, while sportswear giant Nike.
Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent.
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