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Bay Street Seen Opening Higher

The Canadian market may open higher on Friday, with materials shares finding some support on firm metal prices. Investors will also be reacting to Canadian retails sales data and U.S. producer prices report.
RTTNews | vor 262 Tagen
Regulator CFPB To Consider Apple Pay, Other Digital Payment Apps As Banks

Regulator CFPB To Consider Apple Pay, Other Digital Payment Apps As Banks

The US Consumer Financial Protection Bureau or CFPB has finalized a rule to supervise Apple Inc. and other major technology firms that offer digital funds transfer and payment wallet apps, and treat them more like banks. In a statement, the US consumer watchdog said the rule on federal oversight of popular digital payment apps by the largest non-bank companies is aimed to protect personal data...
RTTNews | vor 262 Tagen
Eurozone Private Sector Falls Back Into Contraction

Eurozone Private Sector Falls Back Into Contraction

The euro area private sector fell back into the negative territory in November as services activity shrank for the first time in ten months, joining manufacturing in contraction zone, survey results from S&P Global revealed Friday. The composite output index registered 48.1 in November, which was the lowest since January, and down from 50.0 in October.
RTTNews | vor 262 Tagen
Euro Falls As Weak Eurozone PMI Triggers ECB Rate Cut Bets

Euro Falls As Weak Eurozone PMI Triggers ECB Rate Cut Bets

The euro weakened against other major currencies in the European session on Friday, as traders bet a possibility of an interest-rate cut by the European Central Bank (ECB) after data from Germany and the Eurozone showed that the business activity in the private sector contracted in November.
RTTNews | vor 262 Tagen
German Private Sector Continues To Shrink

German Private Sector Continues To Shrink

Germany's private sector continued to contract in November as sustained weakness in manufacturing output was compounded by the first fall in services activity for nine months, flash Purchasing Managers' survey compiled by S&P Global showed Friday. The HCOB composite output index dropped to 47.3 in November from 48.6 in the previous month. The score signaled acceleration in the rate of decline in
RTTNews | vor 262 Tagen
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CAC 40 Slips Amidst Economic Woes

CAC 40 Slips Amidst Economic Woes

Renewed concerns about economic activity and growth in France as well as the wider Euro Area dragged down the CAC 40 benchmark below the levels at close on Thursday.
RTTNews | vor 262 Tagen
France Private Sector Falls Deep Into Contraction

France Private Sector Falls Deep Into Contraction

France's private sector contracted the most since January as prolonged weakness in demand damped expectations, flash survey results from S&P Global showed on Friday. The flash HCOB composite output index fell markedly to 44.8 in November from 48.1 in October. This was the third monthly fall in private sector output and the score signalled the steepest contraction since January.
RTTNews | vor 262 Tagen
Euro Falls Against Majors

Euro Falls Against Majors

The euro weakened against other major currencies in the European session on Friday.
RTTNews | vor 262 Tagen
Sensex, Nifty Close On Buoyant Note As Stocks Rally On Strong Buying

Sensex, Nifty Close On Buoyant Note As Stocks Rally On Strong Buying

Indian stocks rallied sharply and lifted the benchmark indices Sensex and the Nifty50 to a buoyant close on Friday, a day after suffering a setback following the indictment of Adani Group founder Gautam Adani and a few top executives by U.S. Securities Exchange Commission in an alleged bribery case.
RTTNews | vor 262 Tagen
DAX Drops Amidst Weak PMI, GDP

DAX Drops Amidst Weak PMI, GDP

The DAX index that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange recorded a decline on Friday amidst weaker-than-expected economic data.
RTTNews | vor 262 Tagen
Pound Slides On Weak U.K. Retail Sales, Flash PMI Reports

Pound Slides On Weak U.K. Retail Sales, Flash PMI Reports

The British pound weakened against other major currencies in the European session on Friday, as weak U.K. retail sales for October and PMI data for November triggered expectations among traders for interest-rate cuts by the Bank of England (BoE) in the December meeting.
RTTNews | vor 262 Tagen

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