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Eurozone Producer Price Inflation At New Record High
Eurozone producer price inflation accelerated unexpectedly to a fresh record high in July on soaring energy prices, data released by Eurostat showed on Friday, adding pressure on the European Central Bank to act forcefully against runaway inflation when policymakers meet next week.
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U.S. Employment Increases Roughly In Line With Estimates
Employment in the U.S. increased roughly in line with economist estimates in the month of August, according to a closely watched report released by the Labor Department on Friday.
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Bay Street Seen Opening On Firm Note
Canadian shares likely to open on a firm note on Friday, tracking positive cues from European markets and higher commodity prices.
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Science Based Targets Initiative Approves Saint-Gobain's CO2 Emission Reduction Target
Committed to achieve carbon neutrality by 2050, French building materials firm Saint-Gobain (CODGF.PK) announced Friday that the Science Based Targets initiative has approved its greenhouse gas emission reduction targets as consistent with the organization's new net zero standard and the Paris Climate Agreement.
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Australian, New Zealand Dollars Climb Amid Risk Appetite
The Australian and New Zealand dollars advanced against their major counterparts in the European session on Friday, ahead of a key U.S. jobs report that may help determine the
size of the upcoming Federal Reserve rate hike.
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Indian Shares End Choppy Session Little Changed
Indian shares fluctuated before ending little changed on Friday, as investors awaited the release of all-important U.S. jobs data for August later in the day for clues on the size of the Federal Reserve's next interest-rate hike.
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European Shares Rebound Ahead Of US Jobs Data
European stocks rebounded on Friday despite mounting concerns over Europe's energy crisis and slowing growth momentum in the global economy.
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more news
FTSE 100 Gains As Oil Prices Rebound
U.K. stocks rebounded on Friday, with banks and energy stock leading the surge ahead of key U.S. jobs data due later in the day.
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CAC 40 Gains As Cyclicals Rebound
French stocks rose notably on Friday despite mounting concerns over Europe's energy crisis and slowing growth momentum in the global economy.
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DAX Rebounds Ahead Of US Jobs Data
German stocks rebounded on Friday as investors anxiously await a key U.S. monthly jobs report later in the day that will give more information about the state of the world's largest economy.
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Asian Shares Mixed As Caution Grips Markets Ahead Of US Jobs Data
Asian stocks ended mixed on Friday as investors awaited a key U.S. jobs report due later in the day that could influence Federal Reserve plans for more interest rate hikes to curb record-high inflation.
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Indian Rupee Drops To 3-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the afternoon deals on Friday, ahead of a key U.S. jobs report that could strengthen the case for more aggressive rate hikes
from the Federal Reserve.
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Germany Exports Fall For First Time In 4 Months
Germany's exports dropped for the first time in four months in July and imports logged an unexpected decline, adding to the list of negative data suggesting a recession later this year, official data revealed Friday.Exports decreased 2.1 percent on a monthly basis, in contrast to the 4.2 percent increase in June, Destatis reported. This was the first decrease in four months.
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