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Canadian Market Modestly Higher In Cautious Trade
The Canadian benchmark S&P/TSX Composite Index is modestly higher in late afternoon trades on Friday with stocks turning in a mixed performance.
Worries about U.S. tariffs and their potential impact on global economic growth appear to be weighing on sentiment. Investors are also digesting the nation's GDP report and U.S. PCE reading.
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79天前
Pound Retreats Amid Risk Aversion
The pound pulled back against its most major counterparts in the New York session on Friday, as risk sentiment dampened after a meeting between President Donald Trump and Ukrainian President Volodymyr Zelenskyy devolved into a shouting match.
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79天前
Swiss Market Ends On Firm Note
After a weak start and a subsequent recovery, the Swiss market struggled for direction till mid afternoon on Friday, but gained in strength thanks to some brisk buying at several counters in last ninety minutes of the day's session.
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79天前
CPSC Recalls: Gas Boilers, Bicycles, Wall Sconces, Window Shades, Baby Loungers, Pajama Sets
The U.S. Consumer Product safety Commission or CPSC has announced various recalls including gas boilers, triathlon bicycles, wall sconces, window shades, baby loungers, high chairs, pajama sets and robes, and avalanche transceivers, among others.
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79天前
European Stocks Turn In Mixed Performance
European stocks turned in a mixed performance on Friday as investors amid uncertainty about the outlook for growth as the Trump Administration's fresh and stringent tariffs of 25% on goods from Canada and Mexico, and an additional 10% levy on Chinese imports are set to commence from next week.
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79天前
Chicago Business Barometer Jumps But Still Indicates Contraction In February
A report released by MNI Indicators on Friday showed its reading on Chicago-area business activity jumped by much more than expected in the month of February but continued to indicate contraction. MNI Indicators said its Chicago business barometer shot up to 45.5 in February from 39.5 in January. Economists had expected the Chicago business barometer to show a much more modest increase to 40.6.
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79天前
U.S. Consumer Prices Increases In Line With Estimates In January
Closely watched readings on U.S. consumer price inflation increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in January, matching the increase seen in December as well as economist estimates.
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79天前
more news
U.S. Consumer Price Inflation Data Matches Estimates In January
Closely watched readings on consumer price inflation increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday.
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79天前
France Inflation Lowest In 4 Years On Energy Prices
French inflation sunk to the lowest in four years in February due to a notable fall in electricity prices and the economy contracted for the first time since early 2023, official data showed Friday. Consumer price inflation was 0.8 percent in February compared to 1.7 percent in January, the statistical office INSEE said. This was the weakest since February 2021 and was also below forecast of 1.0
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79天前
German Unemployment Rises Less Than Expected
German unemployment increased only moderately in February but the economic weakness remained visible on the labor market, the Federal Employment Agency said Friday. The number of people out of work rose 5,000 in February, while economists had forecast a sharp increase of 14,000. Unemployment had increased 11,000 in January.
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79天前
Bay Street Likely To Open On Cautious Note
The Canadian market is likely to open on a cautious note Friday morning with investors reacting to Canadian GDP data and the latest batch of earnings updates.
Investors also await the U.S. Personal Consumption Expenditure data, due this morning, for insights into the Federal Reserve's monetary policy.
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79天前
FTSE 100 Modestly Higher On Earnings
U.K. stocks are up in positive territory Friday morning, with investors reacting to some strong quarterly earnings updates. Tariff concerns limit market's upside.
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79天前
Holcim Shares Gain On Growth In FY24 Recurring EBIT, Dividend Hike, Positive Outlook
Shares of Holcim Group were gaining 3 percent in Switzerland after the building materials firm reported Friday higher recurring EBIT and margin in fiscal 2024, even as net profit and net sales were lower than last year. Looking ahead, for fiscal 2025, Holcim expects continued profitable growth with over proportional growth in recurring EBIT, further expansion of recurring EBIT margin...
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79天前
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