The dollar fell across the board on Thursday as improved risk sentiment in
global financial markets wiped out its gains in the previous session after the U.S. Federal Reserve flagged
plans to dial ...
- Borrowings by U.S. companies for capital investments rose 21% in August from a year earlier, the Equipment Leasing and Finance Association said on Thursday. The companies signed up for $8.5 billion in new loans, leases and lines of credit last month, up from $7 billion a year earlier.
Borrowings by U.S. companies for capital investments rose 21% in August from a year earlier, the Equipment Leasing and Finance Association said on Thursday. The companies signed up for $8.5 billion in new loans, leases and lines of credit last month, up from $7 billion a year earlier.
Global steel production slipped by 1.4% year-on-year in August, the first decline in more than a year, and is likely to decline further in the coming months as officials in top producer China seek to curb pollution. Crude steel output fell to 156.8 million tonnes in August, World Steel Association data showed on Thursday, the first decline since July 2020.
U.S. household wealth jumped to a new high of $141.7 trillion at the end of June, a report from the Federal Reserve showed on Thursday, boosted by stock market gains and a pandemic-induced real-estate boom.
Activity in factories in the U.S. central region eased in September, according to data from a survey compiled by the Federal Reserve Bank of Kansas City released Thursday. The Tenth District Manufacturing Survey's composite index fell to 22 in September from 29 in August, below the 30 reading expected by economists polled by The Wall Street Journal. The indicator gauges manufacturing activity in firms located in the western third of Missouri, all of Kansas, Colorado, Nebraska,...
Norway has become the first major developed economy to lift interest rates as growth rebounds following a pandemic that unleashed extraordinary stimulus across the globe. As an economic recovery takes hold and inflationary pressures build, some central banks are confident that now is the time to head to the exit.
* Dollar index down 0.5% * Norway becomes first developed central bank to hike rates. By Saqib Iqbal Ahmed. The dollar fell across the board on Thursday as improved risk sentiment in global financial markets erased all the gains it notched in the previous session after the U.S. Federal Reserve flagged plans to reel in stimulus this year.
Central bank moves headlined emerging
market currency action on Thursday, with South Africa's rand
taking in stride a decision to hold rates, while Brazil's real
firmed after an expected ...
An economic index that measures U.S. business cycles rose in August at a slightly quicker pace than in July, data from The Conference Board showed Thursday. The Leading Economic index came in at 117.1 in August, up 0.9% compared with the previous month. The rise beats the expectations from economists polled by The Wall Street Journal, who expected a 0.7% increase.
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