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While much of the focus in Washington is on the ongoing government shutdown, President Barack Obama took time on Wednesday to announce the nomination of Dr. Janet Yellen as the next Chair of the Federal Reserve.In remarks at the White House, Obama noted that the choice of Fed Chair is one of the most important nominations any president can make.
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Australia's unemployment rate was a seasonally adjusted 5.6 percent in September, the Australian Bureau of Statistics said on Thursday.That was below forecasts for 5.8 percent and down from the revised 5.7 percent in August (originally 5.8 percent).
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Core machine orders in Japan were up a seasonally adjusted 5.4 percent in August compared to the previous month, the Cabinet Office said on Thursday - coming in at 819.3 billion yen.
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While the data was once again impacted by technical issues, the Labor Department released a report on Thursday showing that first-time claims for U.S. unemployment benefits rose by much more than expected in the week ended October 5th. The report said initial jobless claims jumped to 374,000, an increase of 66,000 from the previous week's unrevised figure of 308,000.
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While the data was once again impacted by technical issues, the Labor Department released a report on Thursday showing that first-time claims for U.S. unemployment benefits rose by much more than expected in the week ended October 5th.
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Food prices in New Zealand were unchanged in September compared to the previous month, Statistics New Zealand said on Friday.
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Food prices in New Zealand were flat in September compared to the previous month, Statistics New Zealand said on Friday.
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The European Central Bank's forward guidance provides scope for further reductions in key interest rate if money market volatility returns to levels observed in early summer, ECB President Mario Draghi said Thursday. The guidance acknowledges the scope for further cuts in ECB's key interest rates, Draghi said during a speech at the Economic Club of New York.
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The M2 money stock in Japan was up 3.8 percent on year in September, the Bank of Japan said on Friday, worth 850.8 trillion yen.
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Reflecting concerns about the impact of the ongoing government shutdown, Thomson Reuters and the University of Michigan released a report on Friday showing that U.S. consumer sentiment has continued to deteriorate in the month of October. The report showed that the preliminary reading on the consumer sentiment index for October came in at 75.2 compared to the final September reading of 77.5.
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