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Australia Trade Data Due On Thursday
Australia will on Thursday release August numbers for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity. In July, imports were up 3.0 percent on month and exports fell 2.0 percent for a trade surplus of A$8.039 billion.
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vor 722 Tagen
TSX Snaps 3-day Losing Streak, Ends Marginally Up
After three successive days of losses, the Canadian market managed to close marginally higher on Wednesday even as energy stocks fell sharply on weak crude oil prices.
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vor 722 Tagen
Dollar Turns Weak Against Most Of Its Major Counterparts
The U.S. dollar turned weak on Wednesday after data from payroll processor ADP showed a smaller than expected increase in private sector employment in the month of September.
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vor 722 Tagen
Swiss Market Ends Marginally Down
After struggling for direction till noon on Wednesday, the Switzerland stock market moved higher and had a good spell in positive territory, but faltered in the final hour and eventually ended slightly down.
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vor 722 Tagen
European Stocks Close Slightly Lower After Volatile Session
European stocks closed slightly weak after a volatile session on Wednesday as interest rate concerns and rising bond yields continued to weigh on the markets.
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vor 722 Tagen
Canadian Market Recovery After Sharp Drop; Energy Stocks Lose Ground
The Canadian market is down in negative territory a little past noon on Wednesday, weighed down by losses in the energy sector after crude oil prices tumbled amid concerns about the outlook for demand.
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vor 722 Tagen
Weak ADP Jobs Data Sends U.S. Dollar Down
The U.S. dollar declined against its major counterparts in the European session on Wednesday, as weaker-than-expected ADP private sector employment data for September eased concerns about the interest rate outlook.
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vor 722 Tagen
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U.S. Services Index Indicates Modestly Slower Growth In September
Reflecting slower rates of growth in new orders and employment, the Institute for Supply Management released a report on Wednesday showing a modest slowdown in the pace of growth in U.S. service sector activity in the month of September.
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vor 722 Tagen
U.S. Factory Orders Rebound Much More Than Expected In August
New orders for U.S. manufactured goods rebounded by much more than anticipated in the month of August, according to a report released by the Commerce Department on Wednesday. The report said factory orders surged by 1.2 percent in August after tumbling by 2.1 percent in July. Economists had expected factory order to rise by 0.3 percent.
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vor 722 Tagen
Kenon Awarded $116.2 Mln In Arbitration Proceedings For Peru's Breach Of The Free Trade Agreement
Kenon Holdings Ltd. (KEN) announced Wednesday that an arbitration tribunal constituted by the International Centre for Settlement of Investment Disputes has delivered a final award in favor of Kenon and its wholly-owned subsidiary IC Power Ltd. in an arbitration proceeding under the Free Trade Agreement between Singapore and the Republic of Peru.
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vor 722 Tagen
Archer Receives First Nearly $1 Mln U.S. Air Force Payment On Contracts Valued At Up To $142 Mln
Archer Aviation Inc. (ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced Wednesday that the U.S. Air Force has provided the company with its first installment of nearly $1 million on their recently announced contracts valued at up to $142 million.
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vor 722 Tagen
U.S. Private Sector Job Growth In September The Slowest Since January 2021
Private sector job growth in the U.S. slowed by much more than expected in the month of September, payroll processor ADP revealed in a report released on Wednesday. The increase in September reflected the slowest pace of job growth since January 2021, when private employers shed jobs.
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vor 722 Tagen
UK Services Activity Shrinks Most In 8 Months
The UK service sector contracted the most since January largely due to subdued demand and cutbacks to non-essential spending among clients, final survey results published by S&P Global revealed on Wednesday. The Chartered Institute of Procurement & Supply final services Purchasing Managers' Index posted 49.3 in September, down from 49.5 in August.
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vor 722 Tagen
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