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Australia Manufacturing PMI Slips To 48.2 In December - Judo Bank
The manufacturing sector in Australia continued to contract in December, and at a faster pace, the latest survey from Judo Bank revealed on Monday with a manufacturing PMI score of 48.2.
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Canadian Market Ends Weak For 2nd Straight Day, Sheds 1.6% In Week
The Canadian market closed weak on Friday, amid concerns about global economic growth and tariff hike threats by U.S. President-elect Donald Trump. Materials, communications and real estate stocks were the major losers.
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Dollar Turns In Mixed Performance Against Major Counterparts
The U.S. dollar suffered a setback in early New York session on Friday, and despite recovering from the lows, struggled to move any notably higher with investors awaiting the Federal Reserve's monetary policy announcement due next Wednesday.
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Swiss Market Ends Marginally Down After Lackluster Session
After swinging between gains and losses, Swiss stocks closed slightly down on Friday with a few counters seeing some strong selling in the final hour. Investors largely made stock specific moves, reacting to corporate news.
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Japanese Yen Lower Against Majors
The Japanese yen declined against its major counterparts on Friday amid a jump in U.S. stocks, as Broadcom's strong financial results and AI chip demand lifted investor sentiment for semiconductor stocks.
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European Stocks Close Slightly Lower After Cautious Session
European stocks closed lower on Friday, weighed down by disappointing economic data from the U.K. and Germany, the political uncertainty in France, and rate hike threats from U.S. President-elect Donald Trump. The mood remained cautious with investors awaiting the Federal Reserve's monetary policy announcement, next Wednesday.
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Canadian Market Extending Recent Losses, Set For Weekly Drop
The Canadian market is down firmly in negative territory on Friday, extending recent losses, amid concerns about the outlook for global economic growth, and on tariff hike threats by Donald Trump.
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U.S. Import Prices Unexpectedly Edge Higher In November
Import prices in the U.S. unexpectedly edged higher in the month of November, according to a report released by the Labor Department on Friday. The Labor Department said import prices crept up by 0.1 percent in November, matching the downwardly revised uptick in October. Economists had expected import prices to dip by 0.2 percent.
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U.S. Import Prices Unexpectedly Inch Up 0.1% In November
Import prices in the U.S. unexpectedly edged higher in the month of November, according to a report released by the Labor Department on Friday.
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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 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
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
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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