Industrial production in the U.S. unexpectedly decreased in the month of March, according to a report released by the Federal Reserve on Thursday. The Fed said industrial production fell by 0.5 percent in March after climbing by 0.7 percent in February. Economists had expected industrial production to inch up by 0.1 percent.
The Federal Reserve Bank of Philadelphia released a report on Thursday showing an unexpected surge by its reading on regional manufacturing activity in the month of April. The Philly Fed said its diffusion index for current general activity spiked to 26.7 in April from 18.1 in March, with a positive reading indicating growth. Economists had expected the index to decrease to 10.0.
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended April 11th. The Labor Department said initial jobless claims fell to 207,000, a decrease of 11,000 from the previous week's revised level of 218,000. Economists had expected jobless claims to edge down to 215,000.
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The UK economy logged a robust growth in February before the outbreak of the war in the Middle East, which poses significant downside risks to outlook. Gross domestic product logged a monthly growth of 0.5 percent in February, outpacing the 0.1 percent expansion in January, the Office for National Statistics reported Thursday. Economists had forecast the growth to remain unchanged at 0.1 percent
The Australian dollar strengthened against other major currencies in the Asian session on Thursday, as Asian shares traded higher, amid hopes a fresh round of negotiations between Iran and the U.S. this week will help resolve the ongoing conflict in the Middle East. The continuing drop in crude oil prices...
China's economy grew more than expected in the first quarter but the war in the Middle East darkens prospects due to its heavy reliance on energy imports and supply side shocks. Gross domestic product expanded 5.0 percent on a yearly basis in the first quarter, the National Bureau of Statistics reported Thursday.
Reflecting economic uncertainty coupled with rising building material costs and interest rates, the National Association of Home Builders released a report on Wednesday showing a notable deterioration in U.S. homebuilder confidence in the month of April. The report said the NAHB/Wells Fargo Housing Market Index slumped to 34 in April after inching up to 38 in March.
A report released by the Federal Reserve Bank of New York on Wednesday unexpectedly showed a moderate increase in New York manufacturing activity in the month of April. The New York Fed said its general business conditions index surged to a positive 11.0 in April from a negative 0.2 in March, with a positive reading indicating growth. Economists had expected the index to dip to a negative 2.0.
Import prices in the U.S. grew by much less than expected in the month of March, according to a report released by the Labor Department on Wednesday. The Labor Department said import prices climbed by 0.8 percent in March after increasing by a downwardly revised 0.9 percent in February. Economists had expected import prices to surge by 2.0 percent.
Eurozone industrial production recovered in February, driven by increases in non-durable and capital goods output, data from Eurostat revealed on Wednesday. Industrial production advanced 0.4 percent on a monthly basis, in contrast to the 0.8 percent decline in January. Output was expected to grow 0.3 percent. Among components of industrial output, non-durable consumer goods output posted the b
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as Asian stock markets traded higher, following the broadly positive cues from Wall Street overnight, on tumbling crude oil prices and optimism about a second round of talks between the U.S. and Iran...
A report released by the Labor Department on Tuesday showed producer prices in the U.S. increased by much less than expected in the month of March. The Labor Department said its producer price index for final demand climbed by 0.5 percent in March, matching a downwardly revised increase in February.
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the European session on Tuesday, as European stock markets traded higher on renewed hopes for progress in Middle East peace talks, with reports suggesting that there could...
China exports growth eased sharply and imports surged the most in more than four years in March, reflecting supply chain disruptions caused by blockade of the Strait of Hormuz. Exports increased 2.5 percent year-on-year in March, slower than the 21.8 percent increase in the first two months of the year, the General Administration of Customs reported Tuesday.
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.