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Canadian Market Extending Recent Losses, Set For Weekly Drop
The Canadian market is down firmly in negative territory on Friday, extending recent losses, amid concerns about the outlook for global economic growth, and on tariff hike threats by Donald Trump.
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U.S. Import Prices Unexpectedly Edge Higher In November
Import prices in the U.S. unexpectedly edged higher in the month of November, according to a report released by the Labor Department on Friday. The Labor Department said import prices crept up by 0.1 percent in November, matching the downwardly revised uptick in October. Economists had expected import prices to dip by 0.2 percent.
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U.S. Import Prices Unexpectedly Inch Up 0.1% In November
Import prices in the U.S. unexpectedly edged higher in the month of November, according to a report released by the Labor Department on Friday.
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Bay Street Seen Opening With Slightly Positive Bias
Canadian shares may open with a slightly positive bias Friday morning with energy stocks finding support from higher oil prices. Trading is likely to remain a bit lackluster due to trade war fears and caution ahead of next week's policy announcement from the Federal Reserve.
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Před 259 dny
Eurozone Industrial Production Stagnates In October
Eurozone industrial production stagnated in October as growth in capital goods output was offset by falls in energy and consumer goods production, Eurostat reported Friday. Industrial output remained flat in October after declining 1.5 percent in September. The nil growth matched expectations.
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Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Friday.
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Pound Falls As U.K. Economy Shrinks Unexpectedly
The British pound weakened against other major currencies in the European session on Friday, after the U.K. economy contracted marginally for the second straight month in October largely reflecting the fall in industrial production.
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Před 259 dny
more news
German Exports Fall Most In 10 Months
Germany's exports declined at the fastest pace in ten months in October mainly due the double-digit fall in demand from the US and overall imports logged a marginal fall, data from Destatis revealed Friday. Exports fell 2.8 percent month-on-month in October, slower than the 1.8 percent decrease in September. Shipments were forecast to fall 2.0 percent.
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Před 259 dny
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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Před 259 dny
Sensex, Nifty End Sharply Higher After Volatility
Indian shares ended sharply higher on Friday after a highly volatile trading session.
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Před 259 dny
European Shares Lackluster As UK GDP Shrinks Again
European stocks traded flat to slightly higher on Friday but were on track to snap a three-week winning streak, heading into the Federal Reserve meeting next week.
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Před 259 dny
FTSE 100 Marginally Higher After Disappointing GDP Data
U.K. stocks traded higher on Friday as data showed Britain's economy shrank for a second month in October, in a blow to the Labour government's economic agenda.
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Před 259 dny
UK Economy Shrinks In October
The UK economy contracted marginally for the second straight month in October largely reflecting the fall in industrial production, official data revealed Friday. Real gross domestic product shrank unexpectedly 0.1 percent in October, the same pace of decline as in September, the Office for National Statistics reported. GDP was forecast to grow 0.1 percent.
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Před 259 dny
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