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TSX Ends On Firm Note As Energy, Materials Shares Post Strong Gains
The Canadian market ended on a firm note on Thursday, led by gains in energy, materials and utilities sectors. Slightly easing concerns about inflation and hopes that the Federal Reserve will announce an interest-rate cut in the second quarter aided sentiment.
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545 days ago
China Manufacturing PMI Data Due On Friday
China's National Bureau of Statistics will release February figures for its manufacturing, non-manufacturing and composite indexes, highlighting a busy day for Asia-Pacific economic activity. In January, their scores were 49.2, 50.7 and 50.9, respectively.
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545 days ago
Dollar Mostly Steady Against Major Counterparts After PCE Data
The U.S. dollar stayed fairly steady against its major counterparts on Thursday as traders digested the data on U.S. personal consumption expenditure, jobless claims report, pending home sales and Chicago-area business activity readings.
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545 days ago
Australia Manufacturing Sector Slips Into Contraction - Judo Bank
The manufacturing sector in Australia fell into contraction territory in February, the latest survey from Judo Bank revealed on Friday with a PMI score of 47.8.
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545 days ago
New Zealand Building Permits Sink 8.8% In January
The total number of building consents issued in New Zealand was down a seasonally adjusted 8.8 percent on month in January, Statistics New Zealand said on Friday - coming in at 1,991.
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545 days ago
Swiss Market Ends Modestly Higher
The Switzerland market ended modestly higher on Thursday after holding firm right through the day's session, with investors digesting Swiss GDP data.
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545 days ago
European Stocks Close On Mixed Note As Investors React To Economic Data
European stocks closed on a mixed note on Thursday as investors digested a slew of economic data including U.S. personal consumption expenditure report, inflation reports from Germany, France and Spain, in addition to reacting to corporate earnings updates.
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545 days ago
more news
Canadian Dollar Climbs After In-line U.S. Inflation Data
The Canadian dollar advanced against its major counterparts in the New York session on Thursday, as U.S. stocks rose after a key inflation reading came in line with expectations in January.
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545 days ago
India GDP Growth Climbs To 8.4% In December Qtr
India's economic growth improved strongly to 8.4 percent year-on-year in the December quarter from 7.6 percent in the previous three months, preliminary estimates from the statistics ministry showed Thursday. Economists had forecast the growth rate to slow to 6.6 percent.
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545 days ago
U.S. Pending Home Sales Unexpectedly Pull Back Sharply In January
A report released by the National Association of Realtors on Thursday unexpectedly showed a substantial pullback by pending home sales in the U.S. in the month of January. NAR said its pending home sales plunged by 4.9 percent to 74.3 in January after surging by 5.7 percent to a revised 78.1 in December.
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545 days ago
Chicago Business Barometer Unexpectedly Dips To Lowest Level Since July
Chicago-area business activity unexpectedly contracted at an accelerated rate in the month of February, according to a report released by MNI Indicators on Thursday. MNI Indicators said its Chicago business barometer slipped to 44.0 in February from 46.0 in January, with a reading below 50 indicating contraction. Economists had expected the index to rise to 48.0.
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545 days ago
Canadian Market Modestly Higher On Results, Economic Data
The Canadian market is modestly higher Thursday morning, with investors reacting to the nation's GDP data and earnings updates, in addition to tracking the crucial inflation reading from the U.S.
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545 days ago
U.S. Consumer Prices Rise 0.3% In January, In Line With Estimates
A highly anticipated report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of January. The Commerce Department said consumer prices rose by 0.3 percent in January after inching up by a revised 0.1 percent in December. Excluding food and energy prices, core consumer prices climbed by 0.4 percent in January.
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545 days ago
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