Weak U.S. economic data could keep the Federal Reserve on track to cut interest rates and cause the dollar to fall, ING global markets strategist Chris Turner said. Differing U.S. economic data have ...
Shares of industrial and transportation companies fell after weak economic data. U.S. factory orders fell 3.6% in January largely due to fewer contracts for Boeing passenger planes, but there was ...
In other news, the dollar weakened on Friday in reaction to underwhelming U.S. economic data. U.S. Gross Domestic Product growth picked up 2.6 percent in the second quarter, in line with expectations.
Imports of crude oil, LNG, coal, and iron ore were all higher at the start of the year compared to the same period of 2023, although China's economic data still shows a weak recovery, problems in ...
On a quarter-on-quarter basis, China’s GDP grew 1.6% in the first quarter, compared to Reuters poll expectations of 1.4% and ...
Gold futures settled at their highest on record Friday, as weakness in some U.S. economic data helped pull the dollar and Treasury yields lower, boosting the precious metal’s investment appeal.
This will be mostly due to concerns over reduced demand from China and the negative impact of weak economic data. Despite positive developments on the US debt ceiling bill, the market is still ...
All this negativity led some economists to forecast a recession, despite the fact that the data underlying the headlines indicated otherwise. Ultimately, the U.S. economy grew 4% in 1994 ...
Japan's exports grew for the fourth straight month in March driven by U.S.-bound car shipments, although business confidence ...
"Disappointing retail sales and still weak consumer confidence suggest ... but remained within the week's tight range. U.S. economic data due on Thursday include weekly initial jobless claims ...
Business confidence at big Japanese manufacturers and services sector firms slid in April from the prior month, dragged down ...
China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, ...