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Swiss Market Ends On Firm Note After Inflation Data
The Switzerland stock market ended on a firm note on Monday after staying positive right through the day's session thanks to sustained buying at several counters after data showed an unexpected drop in inflation in the month of November.
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618 days ago
European Stocks Close Mostly Lower
European stocks ended mostly lower on Monday as weak commodity prices triggered some heavy selling in oil and mining sectors.
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618 days ago
Energy, Materials Shares Dragging Down Canadian Market
The Canadian market is down in negative territory Monday morning, weighed down by losses in materials and energy sectors. Stocks from the technology space are also weak.
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618 days ago
U.S. Dollar Higher Against Majors
The U.S. dollar advanced against its major counterparts in the European session on Monday, as investors awaited a slew of key economic data, including non-farm payrolls, for more clues on interest rate outlook.
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618 days ago
U.S. Factory Orders Pull Back Much More Than Expected In October
After reporting a sharp increase in new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Monday showing factory orders pulled back by much more than expected in the month of October. The Commerce Department said factory orders plunged by 3.6 percent in October after jumping by a downwardly revised 2.3 percent in September.
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618 days ago
Indian Stocks Surge On Election Results, Rate Cut Hopes
Indian stocks rallied on Monday amidst strong election wins for the BJP, the ruling party of the central government.
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618 days ago
Canadian Dollar Weakens Against Most Majors
The Canadian dollar fell against its most major counterparts in the European session on Monday.
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618 days ago
more news
Eurozone Investor Confidence Highest Since May - Sentix
Euro area investor sentiment rose for a second straight month in December, raising expectations for an economic turnaround at the start of the next year, survey data from the behavioral research institute Sentix showed Monday. The Sentix investor confidence index climbed to -16.8 from -18.6 in November. Economists had forecast a reading of -15.0. The score was the highest since May this year.
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618 days ago
FTSE 100 Slips As Global Markets Brace For Economic Updates
A weak global sentiment ahead of key monthly data releases weighed on trading mood at London bourse.
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618 days ago
European Markets Trend Mostly Up
European shares are mostly higher in the mid day trading on Monday amid growing Fed rate cut expectations. Investors remain cautious ahead of the release of PMI and inflation readings from Germany as well as crucial jobs data from the U.S. In economic news, data released earlier in the day showed exports from Germany unexpectedly fell by 0.2 percent, while economists were looking for a 1.1 percent
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618 days ago
CAC-40 Edges Down Ahead Of Data Releases
The CAC-40 benchmark slipped in Monday's trading as markets brace for key data updates.
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618 days ago
DAX Muted Ahead Of U.S Jobs And China Inflation Readings
The DAX benchmark of the Frankfurt bourse remained muted at the onset of the new week amidst anxiety ahead of the release of crucial jobs data from the U.S. and inflation readings from China.
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618 days ago
Spotify To Cut About 17% Staff
Spotify Technology SA, a provider of digital music, podcast, and video service, said it is eliminating total headcount by around 17% across the company amid its efforts to cut costs to become "productive and efficient." The decision will affect around 1,500 employees, reports said. In pre-market activity on the NYSE, Spotify shares were gaining more than 2 percent.
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618 days ago
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