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Eurozone Economic Confidence Highest In 4 Months
Eurozone economic confidence strengthened to a four-month high in December on widespread improvements across trade, services, industry, and construction and among consumers. The economic confidence index rose more-than-expected to 95.8 in December from 94.0 in November, survey results published by the European Commission showed Friday. The latest score was the highest in four months.
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947 days ago
German Factory Orders Fall Most In Over A Year On Weak Demand
Germany's factory orders declined the most in more than a year in November on a steep fall in foreign demand that was in sync with the weaker exports data released earlier, while retail sales rebounded despite high inflation, offering a mixed picture of the biggest euro area economy. Factory orders plunged 5.3 percent in November from October, data from Destatis showed Friday.
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947 days ago
UK Construction Sector Slips Into Contraction On Renewed Fall In Orders
The UK construction sector contracted for the first time in four months in December as higher price pressures pulled orders down, a closely watched survey showed Friday.
The S&P/Chartered Institute of Procurement & Supply construction Purchasing Managers' Index fell more-than-expected to 48.8 in December from 50.4 in November. The expected reading was 49.6.
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947 days ago
UK House Prices Fall 4 Months Amid Squeeze On Spending: Halifax
House prices in the United Kingdom declined for the fourth successive month in December, as the increasing cost of living along with high interest rates led to an overall slowdown in the housing market, survey data from the Lloyds Bank subsidiary Halifax showed on Friday.
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947 days ago
Sensex, Nifty Extend Declines Ahead Of US Jobs Report
Indian shares fell notably on Friday to extend losses for a third day running as signs of hot U.S. labor market data lifted the dollar and yields.
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947 days ago
European Shares Mixed Ahead Of Key Data
European stocks were narrowly mixed on Friday, as investors awaited Eurozone inflation data and the all-important U.S. jobs data later in the day for directional cues.
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947 days ago
FTSE 100 Edges Higher As Commodity Stocks Rally On China Optimism
U.K. stocks were moving higher on Friday as resource stocks gained ground amid optimism surrounding China's reopening and expectations of more stimulus to support domestic demand.
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947 days ago
more news
CAC 40 Little Changed In Lackluster Trade
French stocks were little changed on Friday as investors awaited Eurozone inflation data and the all-important U.S. jobs data later in the day for directional cues.
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947 days ago
FTC Proposes Ban On Noncompete Clauses; Says Workers To Earn $300 Bln More A Year
The Federal Trade Commission or FTC has proposed a new rule that would ban employers from imposing noncompetes on their employees, which harm competition in U.S. labor markets. According to the agency, the new rule could increase workers' earnings by nearly $300 billion per year.
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947 days ago
U.S. Dollar Advances Amid Strong Labor Market Data; NFP Report Due
The U.S. dollar moved up against its major counterparts in the Asian session on Friday, as the latest economic data pointed to a tight labor market, increasing the possibility of a 50 basis point rate hike by the Federal Reserve at the next meeting to be held on February 1.
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947 days ago
DAX Slips Ahead Of Key Inflation Data
German stocks slipped into the red on Friday as caution set in ahead of euro zone inflation data due out later in the day.
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947 days ago
Asian Shares Climb Ahead Of US Jobs Data
Asian stocks rose broadly on Friday amid optimism surrounding China's reopening and expectations of more stimulus to support domestic demand.
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947 days ago
European Shares Seen Opening Up Before Key US Jobs Report
European stocks may open on a positive note Friday after strong U.S. economic data released overnight suggested the world's largest economy ended 2022 on a solid footing.
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947 days ago
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