WASHINGTON (Reuters) - The Republican-controlled U.S. Congress was approaching a major test on Thursday of its ability to enact sweeping tax cuts, as lawmakers prepared for their first full-scale vote on tax legislation.
Investing.com - The number of people who filed for unemployment assistance in the U.S. last week rose unexpectedly, but remained in territory consistent with a strengthening labor market, official data showed on Thursday.
Investing.com - Manufacturing activity in the Philadelphia-region unexpectedly fell in November, striking a blow to optimism over the health of the economy, official data showed on Thursday.
Morgan Stanley chairman and CEO James Gorman has said that bitcoin is "punching above its weight," according to a news report.
Retail sales continued to grow in October according to the latest official data, easing some of the fears of a plunge in consumer spending.
Next trading day's important events
- 11:30 (GMT 3) ECB President Draghi's Speech
- USDJPY: 113.02
- EURUSD: 1.1774
- S&P 500: 2564.62
- NASDAQ: 6706.21