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U.S. Consumer Sentiment Improves Less Than Previously Estimated In November
Consumer sentiment in the U.S. improved less than previously estimated in the month of November, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for November was downwardly revised to 71.8 from the preliminary reading of 73.0.
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279 일 전
Bay Street Seen Opening Higher
The Canadian market may open higher on Friday, with materials shares finding some support on firm metal prices. Investors will also be reacting to Canadian retails sales data and U.S. producer prices report.
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279 일 전
Regulator CFPB To Consider Apple Pay, Other Digital Payment Apps As Banks
The US Consumer Financial Protection Bureau or CFPB has finalized a rule to supervise Apple Inc. and other major technology firms that offer digital funds transfer and payment wallet apps, and treat them more like banks. In a statement, the US consumer watchdog said the rule on federal oversight of popular digital payment apps by the largest non-bank companies is aimed to protect personal data...
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279 일 전
Eurozone Private Sector Falls Back Into Contraction
The euro area private sector fell back into the negative territory in November as services activity shrank for the first time in ten months, joining manufacturing in contraction zone, survey results from S&P Global revealed Friday. The composite output index registered 48.1 in November, which was the lowest since January, and down from 50.0 in October.
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279 일 전
FTSE 100 Rises As Weak Data Spurs Rate Cut Bets
Renewed rate cut bets helped the FTSE 100 outperform other markets in Europe amidst disappointing economic data updates.
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279 일 전
Major European Markets Turning In Mixed Performance As Investors React To Regional Data
The major European markets are turning in a mixed performance on Friday with investors reacting to regional economic data and corporate news, in addition to following developments on the geopolitical front.
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279 일 전
Euro Falls As Weak Eurozone PMI Triggers ECB Rate Cut Bets
The euro weakened against other major currencies in the European session on Friday, as traders bet a possibility of an interest-rate cut by the European Central Bank (ECB) after data from Germany and the Eurozone showed that the business activity in the private sector contracted in November.
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279 일 전
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German Private Sector Continues To Shrink
Germany's private sector continued to contract in November as sustained weakness in manufacturing output was compounded by the first fall in services activity for nine months, flash Purchasing Managers' survey compiled by S&P Global showed Friday. The HCOB composite output index dropped to 47.3 in November from 48.6 in the previous month. The score signaled acceleration in the rate of decline in
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279 일 전
CAC 40 Slips Amidst Economic Woes
Renewed concerns about economic activity and growth in France as well as the wider Euro Area dragged down the CAC 40 benchmark below the levels at close on Thursday.
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279 일 전
France Private Sector Falls Deep Into Contraction
France's private sector contracted the most since January as prolonged weakness in demand damped expectations, flash survey results from S&P Global showed on Friday.
The flash HCOB composite output index fell markedly to 44.8 in November from 48.1 in October. This was the third monthly fall in private sector output and the score signalled the steepest contraction since January.
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279 일 전
Euro Falls Against Majors
The euro weakened against other major currencies in the European session on Friday.
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279 일 전
Sensex, Nifty Close On Buoyant Note As Stocks Rally On Strong Buying
Indian stocks rallied sharply and lifted the benchmark indices Sensex and the Nifty50 to a buoyant close on Friday, a day after suffering a setback following the indictment of Adani Group founder Gautam Adani and a few top executives by U.S. Securities Exchange Commission in an alleged bribery case.
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279 일 전
DAX Drops Amidst Weak PMI, GDP
The DAX index that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange recorded a decline on Friday amidst weaker-than-expected economic data.
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279 일 전
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