Industrial output in South Korea slipped a seasonally adjusted 4.8 percent on month in August, Statistics Korea said on Wednesday. That missed expectations for an increase of 0.5 percent following the upwardly revised 0.5 percent gain in July (originally 0.2 percent). On a yearly basis, production...
A report released by the Conference Board on Tuesday unexpectedly showed a notable deterioration in U.S. consumer confidence in the month of September. The Conference Board said its consumer confidence index slumped to 81.9 in September from a downwardly revised 88.6 in August.
Eurozone economic confidence weakened unexpectedly in September due to the fall in consumer sentiment, monthly survey data from the European Commission showed Tuesday. The economic sentiment index dropped to 97.9 in September from 98.4 in the previous month. The score was forecast to rise to 99.0.
UK mortgage approvals declined to a 32-month low in August amid higher borrowing costs, while consumer credit reached a record high, data from the Bank of England showed Tuesday. Net mortgage approvals for house purchases, an indicator of future borrowing, fell unexpectedly to 54,918 in August from 55,928 in the previous month.
The U.S. dollar strengthened against most major currencies in the European session on Tuesday, as traders anticipate that the Federal Reserve (Fed) will raise interest rates twice more this year. Additionally, the CME FedWatch tool indicates a 60% chance that the Fed would raise interest rates...
The Reserve Bank of Australia raised its benchmark rate by a quarter-point on Tuesday, taking it to a 15-year high level, as risks to inflation materialized amid geopolitical tensions. The policy board, governed by Michele Bullock, unanimously decided to raise the cash rate target to 4.60 percent, the highest level since late 2011. The decision came in line with expectations.
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday as Asian stock markets traded lower amid a substantial rebound in both crude oil prices and bond yields, renewing concerns about the outlook for...
The U.S. Dollar extended gains during the week ended September 25 as strong economic data from the U.S. and the spike in global crude oil prices renewed Fed rate hike fears and triggered a selloff in U.S. bond markets.
The Japanese yen strengthened against other major currencies in the European session on Monday, as traders expect that the Bank of Japan or the BoJ is likely to raise its interest rates soon in the next month's policy meeting. Minutes from the Bank of Japan's July 30 to 31 meeting revealed broad...
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by less than previously estimated in the month of September. The University of Michigan said its consumer sentiment index for September was upwardly revised to 48.1 from a preliminary reading of 47.8.
A report released by the Commerce Department on Friday showed new orders for U.S. manufactured durable goods unexpectedly came in nearly flat in the month of August. The Commerce Department said durable goods orders were virtually unchanged in August following a downwardly revised 0.9 percent increase in July.
The Canadian dollar weakened against other major currencies in the Asian session on Friday, as the crude oil prices retreated from recent highs following reports that Iran has submitted a proposal to the United States to end their war and reopen the Strait of Hormuz within seven days. The proposal...
German consumer confidence is set to fall in October as rising energy prices dragged down income expectations, monthly survey results of the NIM Consumer Climate powered by GfK showed Friday. The forward-looking consumer sentiment index fell more-than-expected to -30.6 in October from -26.8 in September. The score was seen at -27.1.
The Commerce Department released a report on Thursday showing a significant rebound in new home sales in the U.S. in the month of August. The report said new home sales surged by 6.4 percent to an annual rate of 684,000 in August after plunging by 4.3 percent to an upwardly revised rate of 643,000 in July.
First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended September 19th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 197,000, a decrease of 1,000 from the previous week's revised level of 198,000. Economists had expected jobless claims to rise to 204,000.
September 28, 2026 06:25 ET Every month, the FDA issues decisions on drug approvals — and for biotech investors, these dates are important milestones for the companies and patients involved. In this video, we highlight five key FDA decisions scheduled for October 2026, covering potential approvals and expanded indications across oncology, rare diseases, ophthalmology, and chronic hepatitis B.
