US PPI for final demand rose 0.2% mom in March, below expectation of 0.3% mom. PPI final demand services rose 0.3% mom while final demand goods fell -0.1% mom. For the 12-month period, PPI jumped Read more…
US initial jobless claims fell -11k to 211k in the week ending April 6, below expectation of 215k. Four week moving average of initial claims fell -250 to 214k. Continuing claims rose 28k to 1817k Read more…
ECB maintained its interest rates as widely expected, holding main refinancing rate and deposit rate at 4.50% and 4.00%. Most importantly, for the first time, the central bank explicitly indicated the possibility for future interest Read more…
The Governing Council today decided to keep the three key ECB interest rates unchanged. The incoming information has broadly confirmed the Governing Council’s previous assessment of the medium-term inflation outlook. Inflation has continued to fall, Read more…
Nike (NKE) share jumped Thursday but remain firmly in the red since the start of the year, as analysts look for the world’s biggest sportwear group to leverage gains from a huge summer of global Read more…