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Eurozone Manufacturing Sector Stuck In Deep Contraction
The euro area manufacturing activity remained in the deep contraction zone in September on account of considerable weakness in new orders and accelerated fall in jobs, the purchasing managers' survey results from S&P Global showed on Monday. Meanwhile, official data released on Monday suggested that the unemployment rate dropped to record lows in August indicating the resilience of the labor mark
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Bay Street Seen Opening On Subdued Note
Canadian shares are likely to open on a subdued note on Monday amid a lack of positive triggers. Asian stocks ended mostly lower and European stocks are down slightly, and commodity prices are weak.
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Acurx Pharma Discontinues Phase 2b Trial For Ibezapolstat To Treat C. Difficile Infection
Biopharmaceutical company Acurx Pharmaceuticals, Inc. (ACXP) announced Monday that the Company has discontinued the Phase 2b clinical trial of its lead antibiotic candidate, ibezapolstat, for the treatment of patients with Clostridioides difficile infection (CDI) due to success.
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NRx Pharma Says FDA Grants Permission To Proceed On IND For NRX-101 To Treat Chronic Pain
Biopharmaceutical company NRx Pharmaceuticals, Inc. (NRXP) announced Monday that FDA has given the company clearance to proceed with human trials to treat Chronic Pain under the Investigational New Drug (IND) application filed with the U.S. Food and Drug Administration (FDA) for the use of NRX-101.
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European Shares Reverse Early Gains On Weak PMI Data
European stocks gave up early gains to turn lower on Monday as weak regional data offset investor optimism over U.S. lawmakers reaching a deal to avert government shutdown.
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UK House Prices Continue To Log Sharp Decline: Nationwide
UK house prices fell sharply again in September as stretched affordability damps housing market activity, data from the mortgage lender Nationwide Building Society revealed Monday. The Nationwide house price index posted an annual decline of 5.3 percent, the same pace of decrease as seen in August.
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FTSE 100 Gives Up Early Gains On Weak PMI Data
U.K. stocks were slightly lower on Monday, giving up early gains after a survey showed the downturn in the U.K. manufacturing sector continued in September albeit at a slower pace.
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more news
CAC 40 Gains Despite Weak PMI Data
French stocks traded higher on Monday after both U.S. House and Senate agreed on a short-term funding deal, helping avert a federal shutdown.
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DAX Inches Higher As US Avoids Government Shutdown
German stocks were seeing modest gains on Monday after the U.S. Congress passed a stopgap funding bill, averting for now a looming government shutdown.
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Asian Shares Decline In Thin Holiday Trade
Asian stocks ended mostly lower on Monday as weak factory activity data from China and Japan raised fresh concerns about the outlook for global growth.
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Australian Dollar Slides; Eyes On RBA Rate Decision
The Australian dollar weakened against other major currencies in the Asian session on Monday, as traders cautiously await the Australia's central bank upcoming policy meeting on Tuesday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Monday.
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European Economic News Preview: Eurozone Final Factory PMI Data Due
Factory Purchasing Managers' survey results and unemployment from the euro area are the top economic news due on Monday. At 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to fall 5.7 percent on a yearly basis in September, following a 5.3 percent decrease in August.
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