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China Services PMI Data Due On Monday
China will on Monday see December results of the services PMI from Caixin, highlighting a light day for Asia-Pacific economic activity. In November, the PMI score was 51.5.
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vor 238 Tagen
Dollar Drifts Lower Against Major Counterparts
The U.S. Dollar shed ground against its major counterparts on bets the Federal Reserve will cut interest rates in the first quarter.
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vor 240 Tagen
TSX Ends On Firm Note Again, Gains 1.1% In Week
The Canadian market closed on a firm note on Friday, lifted by gains in real estate, communications and technology stocks.
The benchmark S&P/TSX Composite Index ended the session with a gain of 175.51 points or 0.7% at 25,073.54. The index gained 1.12% in the holiday-shortened week.
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vor 240 Tagen
Canadian Market Remains Positive, Looks On Course For Another Firm Close
The Canadian market looks set to end on a firm note for the third consecutive session, with stocks from communications, real estate and industrial sectors recording strong gains.
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vor 240 Tagen
Swiss Market Ends Modestly Higher
After a positive start, Swiss stocks retreated and moved along the flat line right till the end of the day's trading session on Friday, as investors, returning to the market after New Year holidays, refrained from making significant moves.
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vor 240 Tagen
European Stocks Close Weak After Cautious Session
European stocks closed weak on Friday, retreating after scoring strong gains on the first session of Year 2024. Losses in automobile, luxury and travel sectors weighed on the markets on a day when investors largely stayed cautious, looking for directional clues.
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vor 240 Tagen
Australian Dollar Drops Against Most Majors
The Australian dollar fell against its most major counterparts in the New York session on Friday.
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vor 240 Tagen
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Canadian Dollar Falls Against Majors
The Canadian dollar weakened against its major counterparts in the New York session on Friday.
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vor 240 Tagen
U.S. Manufacturing Index Indicates Modestly Slower Contraction In December
Manufacturing activity in the U.S. contracted at a slower rate in the month of December, according to a report released by the Institute for Supply Management on Friday. The ISM said its manufacturing PMI inched up to 49.3 in December from 48.4 in November, although a reading below 50 still indicates contraction. Economists had expected the index to come in unchanged.
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vor 240 Tagen
Tesla Stock Hit On First Decline In Annual Deliveries
Shares of Tesla, Inc. fell around 6.1 percent on Thursday's regular trading after the luxury electric vehicle maker reported a decline in annual deliveries for the first time. The company also reported weak production in the year and in the fourth quarter, while quarterly sales were higher. On the Nasdaq, Tesla stock moved 1.1 percent higher in the extended trading on Thursday.
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vor 240 Tagen
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Friday morning, and may move in a tight range during much of the day's trading session as investors await directional clues.
Jobs data from Canada and the U.S., due during the later part of next week, may provide some clues about the interest rate moves of the Bank of Canada and the Federal Reserve.
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vor 241 Tagen
German Unemployment Increases Less Than Forecast
Unemployment in Germany increased in December albeit at a slower-than-expected pace with the onset of the winter break, official data showed on Friday. The number of jobless increased by 10,000 in December, a bigger increased compared to the 6,000 in November, the Federal Employment Agency reported. Unemployment was forecast to rise by 15,000.
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vor 241 Tagen
UK Mortgage Approvals Fall Unexpectedly, Consumer Credit Growth Weakest Since 2022
UK mortgage approvals declined unexpectedly to a three-month low in November and consumer credit growth weakened to the lowest in more than two years, vindicating the view that the economy likely stagnated at the end of the year. The number of approvals fell to 65,720 in November from 68,129 in the previous month, data from the Bank of England showed on Friday.
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vor 241 Tagen
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