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Forex News
Australia Manufacturing PMI Slips To 55.7 In July - S&P Global
The manufacturing sector in Australia continued to expand in July, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 55.7.
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1047 days ago
New Zealand Building Permits Slip 2.3% In June
The total number of building permits issued in New Zealand was down a seasonally adjusted 2.3 percent on month in June, Statistics New Zealand said on Monday - coming in at 4,037.
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1047 days ago
South Korea Stock Market Predicted To Open In The Green
The South Korea stock market has climbed higher in five straight sessions, gathering more than 55 points or 2.4 percent along the way. The KOSPI now rests just above the 2,450-point plateau and it's expected to add to its winnings again on Monday.
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1047 days ago
Hong Kong GDP Data Due On Monday
Hong Kong will on Monday release an advance estimate of Q2 gross domestic product, setting the pace for a busy day in Asia-Pacific economic activity. GDP is expected to expand 3.8 percent on quarter and 0.6 percent on year after sinking 3.0 percent on quarter and 4.0 percent on year in the three months prior.
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1047 days ago
TSX Extends Gains To 3rd Session, Rises Nearly 4.5% In Month
The Canadian market extended its winning streak to a third straight session, led by strong gains in energy, materials, healthcare and industrials sectors.
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1049 days ago
Dollar Retreats After Recovering From Early Weakness
The U.S. dollar fell in the Asian session on Friday, and after rebounding smartly on data showing an acceleration in the pace of consumer price growth in the U.S., retreated amid speculation the Fed might slow down the pace of interest rate hikes in the coming months.
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1049 days ago
Canadian Market Marching Towards Another Strong Close
The Canadian market is up fairly sharply Friday afternoon, extending gains to a third session, with stocks from energy and materials sectors posting strong gains thanks to rising commodity prices.
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1049 days ago
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Swiss Market Ends Slightly Up
The Switzerland stock market ended marginally up on Friday after moving in a very tight range with investors weighing quarterly earnings updates and the recent post monetary policy meeting comments by the Fed Chief Jerome Powell.
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1049 days ago
Solid Core Inflation Data Buoys U.S. Dollar
The U.S. dollar firmed against its major counterparts in the European session on Friday, as the Federal Reserve's preferred measure of core inflation accelerated in the month of June, sparking hopes that the central bank will continue its tightening cycle in the months ahead.
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1049 days ago
European Stocks Close Notably Higher On Earnings, Economic Data
European stocks closed higher on Friday, extending recent gains, riding on data showing an acceleration in euro zone economic growth in the second quarter, and some encouraging earnings updates.
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1049 days ago
U.S. Consumer Sentiment Rebounds Slightly More Than Initially Estimated
The University of Michigan released revised data on Friday showing consumer sentiment in the U.S. rebounded by slightly more than initially estimated in the month of July. The report showed the consumer sentiment index for July was upwardly revised to 51.5 from the preliminary reading of 51.1. Economists had expected the index to be unrevised.
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1049 days ago
Chicago Business Barometer Drops More Than Expected In July
Growth in Chicago-area business activity slowed by much more than expected in the month of July, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer slid to 52.1 in July from 56.0 in June. While a reading above 50 still indicates growth, economists had expected the barometer to show a more modest dip to 55.0.
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1049 days ago
U.S. Personal Income Climbs 0.6% In June, Slightly More Than Expected
A report released by the Commerce Department on Friday showed personal income in the U.S. increased by slightly more than expected in the month of June. The Commerce Department said personal income climbed by 0.6 percent in June following an upwardly revised 0.6 percent advance in May.
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1049 days ago
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