News & Analytic Centre

US Weekly Jobless Claims Unexpectedly Fall

WASHINGTON, Oct 24 Reuters The number of Americans filing new applications for unemployment aid unexpectedly fell last week, but more people were collecting benefits in midOctober, which raises the risk of a rise in the jobless rate this month. Initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted 227,000 for the week […]
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German Experts Lower Tax Revenue Forecasts

BERLINWASHINGTON, Oct 24 Reuters Germany39;s council of tax experts expects 58.1 billion euros 62.72 billion less in total tax revenue in the 20242028 period compared with its May forecast, projections on Thursday showed. For the federal government alone it expects 12.6 billion euros less in tax revenues in the fiveyear period, according to the updated […]
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Earnings, PMI Lift British Equities

FTSE 100 up 0.6; FTSE 250 up 0.2 Unilever up after Q3 results British prelim flash PMI down to 51.7 in Oct Oct 24 Reuters London39;s main stock indexes rose on Thursday, buoyed by upbeat corporate earnings and key economic data released earlier in the day, which bolstered bets of more Bank of England rate […]
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Bears Circle Chinas Yuan Gearing for Trump Win

Yuan hit by Trump39;s potential White House return, trade tariff threats Chinese exporters hoard dollars, stashing money abroad Authorities prefer weak yuan to protect export revenues SINGAPORE, Oct 24 Reuters China39;s currency is feeling the pressure from a possible return of Donald Trump as U.S. president, not just from speculators shorting the currency but also […]
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