Actualités Forex

Bay Street Seen Opening With Slightly Positive Bias

Bay Street Seen Opening With Slightly Positive Bias

Canadian shares may open with a slightly positive bias Friday morning with energy stocks finding support from higher oil prices. Trading is likely to remain a bit lackluster due to trade war fears and caution ahead of next week's policy announcement from the Federal Reserve.
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Eurozone Industrial Production Stagnates In October

Eurozone Industrial Production Stagnates In October

Eurozone industrial production stagnated in October as growth in capital goods output was offset by falls in energy and consumer goods production, Eurostat reported Friday. Industrial output remained flat in October after declining 1.5 percent in September. The nil growth matched expectations.
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Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Friday.
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Pound Falls As U.K. Economy Shrinks Unexpectedly

Pound Falls As U.K. Economy Shrinks Unexpectedly

The British pound weakened against other major currencies in the European session on Friday, after the U.K. economy contracted marginally for the second straight month in October largely reflecting the fall in industrial production.
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German Exports Fall Most In 10 Months

German Exports Fall Most In 10 Months

Germany's exports declined at the fastest pace in ten months in October mainly due the double-digit fall in demand from the US and overall imports logged a marginal fall, data from Destatis revealed Friday. Exports fell 2.8 percent month-on-month in October, slower than the 1.8 percent decrease in September. Shipments were forecast to fall 2.0 percent.
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Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
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UK Economy Shrinks In October

UK Economy Shrinks In October

The UK economy contracted marginally for the second straight month in October largely reflecting the fall in industrial production, official data revealed Friday. Real gross domestic product shrank unexpectedly 0.1 percent in October, the same pace of decline as in September, the Office for National Statistics reported. GDP was forecast to grow 0.1 percent.
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DAX Rises In Cautious Trade; Munich Re Shares Jump 5%

DAX Rises In Cautious Trade; Munich Re Shares Jump 5%

German stocks rose on Friday, a day after the European Central Bank (ECB) cut its three key interest rates by 25 basis points in the fourth reduction this year, and signaled it expects inflation to return to the target earlier.
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