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Japan Money Stock Data Due On Monday
Japan will on Monday release August figures for its money stock, headlining a light day for Asia-Pacific economic activity. The M2 money stock is expected to rise 2.5 percent on year, up from 2.4 percent in July.
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TSX Ends Lower Again, Sheds 2.3% In Week
The Canadian market ended on a negative note on Friday, weighed down by losses in technology, industrials and real estate sectors.
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Dollar Mostly Subdued Against Major Counterparts
The U.S. dollar shed ground against most of its major counterparts on Friday with traders largely cautious, looking ahead to some key economic data next week.
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Swiss Market Ends Moderately Lower
Save for a very brief while early on in the session, the Switzerland stock market stayed weak on Friday as investors stayed cautious amid lingering worries about growth and interest rates.
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European Stocks Close Higher On Bargain Hunting After Recent Weakness
European stocks closed higher on Friday with many markets snapping a long losing streak, with bargain hunting in technology and luxury sectors contributing to the rise in prices.
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Canadian Stocks Turning In Mixed Performance In Cautious Trade
Canadian stocks are turning in a mixed performance on Friday with investors digesting the nation's jobs data, and continuing to react to recent quarterly updates.
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Euro Advances Against Majors
The euro moved up against its major counterparts in the New York session on Friday.
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more news
Canadian Dollar Strengthens Amid Upbeat Jobs Data
The Canadian dollar firmed against its major counterparts during the New York session on Friday, following the release of stronger-than-expected jobs data for August.
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U.S. Wholesale Inventories Dip Slightly More Than Expected In July
A report released by the Commerce Department on Friday showed a modest decrease by U.S. wholesale inventories in the month of July. The Commerce Department said wholesale inventories dipped by 0.2 percent in July after falling by a revised 0.7 percent in June.
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Nasdaq Says SEC Approves Launch Of First Exchange AI-Powered Order Type
Nasdaq, Inc. (NDAQ) announced Friday it has received SEC approval to launch Dynamic Midpoint Extended Life Order (M-ELO), the first exchange Artificial Intelligence (AI) powered order type.
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Goldman Sachs Plans Further Job Cuts For Underperformers: FT
Goldman Sachs is planning a new round of job cuts for underperforming employees, Financial Times reported citing people familiar with the matter. The planned cut is said to be under its annual strategic resource allocation scheme and is likely to impact 1 percent to 5 percent of the total workforce, mostly at the lower end of the range.
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Kroger Reaffirms FY23 Outlook - Update
While reporting financial results for the second quarter on Friday, supermarket chain Kroger Co. (KR) reaffirmed its adjusted earnings and identical sales outlook for the full-year 2023. Identical sales growth for the second quarter, without fuel, increased 1.0 percent, with underlying growth of 2.6 percent.
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Bay Street Likely To Open On Mixed Note
Canadian shares are likely to see a mixed start Friday morning, tracking slightly higher commodity prices and weak Asian and European markets.
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