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Swiss Market Ends On Strong Note
The Switzerland stock market ended on a strong note on Thursday, after staying firm right through the day's session, thanks to sustained buying at several counters.
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European Stocks Close Higher Ahead Of Long Weekend
European stocks closed higher on Thursday despite recent data from the U.S. raising fears of a recession in the world's largest economy.
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TSX Up Marginally In Cautious Trade
The Canadian market is turning in a mixed performance on Thursday, with investors largely making cautious moves ahead of a long weekend.
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Canadian Dollar Firms After Upbeat Jobs Data
The Canadian dollar was higher against its most major counterparts in the in the New York session on Thursday, as stronger than expected jobs data in March pointed to a solid labor market.
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UK Construction Growth Slows On Weaker Residential Work Demand
The UK construction activity logged only a marginal expansion at the end of the first quarter, as the faster rise in the civil engineering category was offset by lower demand for residential works, survey results from S&P Global showed Thursday.
The Chartered Institute of Procurement & Supply construction Purchasing Managers' Index, or PMI, dropped more-than-expected to 50.7 in March from 54.6 in
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U.S. Weekly Jobless Claims Decrease From Upwardly Revised Level
With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits declined from an upwardly revised level in the week ended April 1st. The Labor Department said initial jobless claims fell to 228,000, a decrease of 18,000 from the previous week's revised level of 246,000.
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U.S. Weekly Jobless Claims Drop To 228,000
With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits declined from an upwardly revised level in the week ended April 1st.
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Bay Street Seen Opening On Subdued Note
Canadian shares are likely to open on a somewhat subdued note on Thursday, tracking sluggish commodity prices.
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German Industrial Output Growth Tops Expectations; Construction Shrinks
Germany's industrial production expanded more than expected in February, underpinned by the growth in automotive output, and alleviated the risk of recession. However, a closely watched survey showed that the construction sector continued to contract in March after output and new orders fell at faster rates.
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India's Central Bank Halts Policy Tightening
The Reserve Bank of India left its key interest rates unchanged on Thursday, while markets widely expected the bank to move in tandem with its major counterparts. Nonetheless, the RBI kept the door open for more tightening if situation warrants. The six-member Monetary Policy Committee, led by the RBI Governor Shaktikanta Das, unanimously voted to keep the repo rate unchanged at 6.50 percent.
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Swiss Franc Climbs As Recession Fears Weigh
The Swiss franc strengthened against its major counterparts during the European session on Thursday, as disappointing U.S. economic data stoked worries about a recession.
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Sensex, Nifty Gain As RBI Pauses Repo Rate Hike
Indian shares recovered from an early slide to close higher on Thursday as the Reserve Bank of India (RBI) unexpectedly left its key interest rates unchanged after six consecutive hikes to support growth.
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European Shares Gain On Strong German, UK Data
European stocks were moving higher on Thursday, with encouraging regional data and expectations of a pause in rate hikes by the Federal Reserve helping underpin investor sentiment ahead of Good Friday and Easter holidays.
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