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Dollar Extends Losses In The Last Week Of The Year
The Dollar's decline continued in the last week of 2023 amidst rate cut bets that were reinforced with the better-than-expected PCE-based inflation readings.
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UK Manufacturing Moves Deep Into Contraction
The UK manufacturing sector contracted further in December with an accelerated downturn in output as tough domestic and global market conditions damped demand and expectations dipped to a one-year low, survey results from S&P Global revealed Tuesday. The Chartered Institute of Procurement & Supply final Manufacturing Purchasing Managers' Index, or PMI, dropped to 46.2 in December from a seven-mo
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Hydro One Says Chris Lopez To Step Down As EVP, CFO And Regulatory Officer On June 30
Hydro One Ltd. (H.TO) announced Tuesday that Chris Lopez intends to step down as Executive Vice President and Chief Financial and Regulatory Officer, to pursue other opportunities as of June 30, 2024. He joined the company in 2016.
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Eurozone Manufacturing Stuck In Contraction Territory
The euro area manufacturing sector ended the year firmly in the contraction territory due to the sustained decline in new orders and output, strongly supporting the view that the region has entered a recession at the end of 2023. The final HCOB manufacturing Purchasing Managers' Index rose to 44.4 in December from 44.2 in November, survey data from S&P Global showed on Tuesday.
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Swiss Franc Lower Against Majors
The Swiss franc dropped against its major counterparts in the European session on Tuesday, amid a rebound in the U.S. dollar on the first trading day of the year.
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Singapore GDP Growth Picks Up In Q4
Singapore's economy expanded at a faster pace in the fourth quarter on the back of growth in manufacturing and construction output but a less favorable external environment poses risks to the outlook. Gross domestic product grew 2.8 percent annually, following the 1.0 percent expansion in the preceding period, advance estimates from the Ministry of Trade and Industry showed on Tuesday.
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Sensex, Nifty End Lower As Oil Prices Surge On Supply Fears
Indian shares ended Tuesday's session lower as oil prices jumped more than 2 percent on signs of escalating tensions in the Middle East.
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European Shares Mostly Higher With PMI Data In Focus
European stocks traded mostly higher on Tuesday after the release of mixed Chinese manufacturing data.
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FTSE 100 Gains As Oil Prices Jump On Fears Of Supply Disruption
U.K. stocks edged higher on Tuesday as higher oil prices boosted energy stocks.
The benchmark FTSE 100 was up 20 points, or 0.3 percent, at 7,753.
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CAC 40 Gains On China Data
French stocks traded higher on Tuesday after a private survey showed China's factory activity expanded at a quicker pace in December due to stronger gains in output and new orders.
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DAX Climbs Ahead Of PMI Data
German stocks rose sharply on Tuesday as traders returned to their desks after a long holiday weekend.
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China Manufacturing Sector Continues To Expand On Output, Orders
China's manufacturing activity continued to expand at the end of the year on stronger increases in output and orders, survey results from S&P Global showed on Tuesday. The Caixin manufacturing Purchasing Managers' Index, or PMI, rose slightly to 50.8 in December from 50.7 in November. The factory sector expanded for the fourth time in the last five months. A score above 50.0 indicates expansion.
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Asian Shares Mixed In Cautious Trade
Asian stocks ended mixed on Tuesday as traders returned to their desks after the New Year break.
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