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Forex News
Dollar Turns Weak After Jobs Data
The U.S. dollar turned weak on Friday amid easing worries about an aggressive rate hike by the Fed later this month after data showed a moderation in the pace of U.S. job growth and an uptick in unemployment rate in August.
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999 days ago
Swiss Market Ends On Upbeat Note
The Switzerland stock market closed on an upbeat note on Friday, in line with markets across the globe amid slightly easing concerns about monetary tightening after data showed an increase in U.S. unemployment rate.
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999 days ago
European Stocks Close On Bright Note Amid Easing Worries About Rate Hikes
European stocks closed on a strong note, snapping a long losing streak, after data showing an uptick in U.S. unemployment rate helped ease concerns about aggressive monetary tightening by the Federal Reserve.
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999 days ago
Dollar Drops As U.S. Job Growth Moderates
The U.S. dollar fell against its major counterparts in the European session on Friday, as a moderation in the pace of U.S. job growth and a spike in the unemployment rate in August helped ease inflation worries and trimmed expectations of a 75 basis point hike from the Federal Reserve at its meeting later this month.
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999 days ago
Canadian Shares Up Sharply At Noon On Widespread Buying
The Canadian market is up firmly in positive territory around noon on Friday, with stocks from across several sectors rising sharply from recent losses.
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999 days ago
U.S. Factory Orders Unexpectedly Show Sharp Pullback In July
A report released by the Commerce Department on Friday unexpectedly showed a sharp pullback in new orders for U.S. manufactured goods in the month of July. The Commerce Department said factory orders slumped by 1.0 percent in July after surging by a revised 1.8 percent in June.
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999 days ago
U.S. Employment Climbs By 315,000 Jobs In August, Roughly In Line Estimates
Employment in the U.S. increased roughly in line with economist estimates in the month of August, according to a closely watched report released by the Labor Department on Friday. The report showed non-farm payroll employment rose by 315,000 jobs in August after surging by a revised 526,000 jobs in July.
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999 days ago
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Eurozone Producer Price Inflation At New Record High
Eurozone producer price inflation accelerated unexpectedly to a fresh record high in July on soaring energy prices, data released by Eurostat showed on Friday, adding pressure on the European Central Bank to act forcefully against runaway inflation when policymakers meet next week.
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999 days ago
U.S. Employment Increases Roughly In Line With Estimates
Employment in the U.S. increased roughly in line with economist estimates in the month of August, according to a closely watched report released by the Labor Department on Friday.
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999 days ago
Bay Street Seen Opening On Firm Note
Canadian shares likely to open on a firm note on Friday, tracking positive cues from European markets and higher commodity prices.
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999 days ago
Science Based Targets Initiative Approves Saint-Gobain's CO2 Emission Reduction Target
Committed to achieve carbon neutrality by 2050, French building materials firm Saint-Gobain (CODGF.PK) announced Friday that the Science Based Targets initiative has approved its greenhouse gas emission reduction targets as consistent with the organization's new net zero standard and the Paris Climate Agreement.
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999 days ago
Australian, New Zealand Dollars Climb Amid Risk Appetite
The Australian and New Zealand dollars advanced against their major counterparts in the European session on Friday, ahead of a key U.S. jobs report that may help determine the
size of the upcoming Federal Reserve rate hike.
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999 days ago
Indian Shares End Choppy Session Little Changed
Indian shares fluctuated before ending little changed on Friday, as investors awaited the release of all-important U.S. jobs data for August later in the day for clues on the size of the Federal Reserve's next interest-rate hike.
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999 days ago
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