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U.S. Dollar Higher After Solid Jobs Data
The U.S. dollar firmed against its most major counterparts in the New York session on Friday, as stronger-than-expected jobs data for November reinforced the odds of a Federal Reserve rate cut later this month.
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Swiss Market Ends Marginally Down
The Switzerland market ended marginally down on Friday after spending almost the entire duration of the day's session in negative territory.
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European Stocks Close Broadly Higher
European stocks closed broadly higher on Friday despite political uncertainty in France, as data showing stronger than expected growth in U.S. non-farm payroll employment aided sentiment.
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Canadian Market Remains Positive After Hitting New Record High
The Canadian market is up in positive territory in late morning trade on Friday with stocks from consumer discretionary and communications sectors contributing to the upmove. A few stocks from technology sector are also notably higher.
Data showing a much bigger than expected increase in Canadian jobs growth in the month of November is aiding sentiment.
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U.S. Consumer Sentiment Improves In December, Year-Ahead Inflation Expectations Jump
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than anticipated in the month of December. The University of Michigan said its consumer sentiment index climbed to 74.0 in December from 71.8 in November. Economists had expected the index to rise to 73.0.
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CPSC Recalls: ROVs, Speakers, Chargers, Fireproof Safes, Oven Gloves, Light Fixtures, Candles
The U.S. Consumer Product safety Commission or CPSC has announced various recalls including about 21,000 units of Polaris Industries Inc.'s RZR XP 1000 and XP 4 1000 Recreational Off-Road Vehicles or ROVs due to risk of fire; as well as about 2,500 units of Polaris Ranger ROVs and ProXD and Bobcat Utility Task Vehicles for injury risk. Further, the recalls include Anker Innovations Limited's...
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U.S. Employment Surges By 227,000 Jobs In November, More Than Expected
Employment in the U.S. surged by more than expected in the month of November, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 227,000 jobs in November after rising by an upwardly revised 36,000 jobs in October. Economists had expected employment to jump by 200,000 jobs.
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U.S. Employment Surges More Than Expected In November
Employment in the U.S. surged by more than expected in the month of November, according to a closely watched report released by the Labor Department on Friday.
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254 dagar sedan
India Keeps Rates Unchanged, Lowers CRR To Boost Liquidity
The Reserve Bank of India left its key policy rates unchanged for the eleventh straight session and maintained a neutral stance, but its move to cut the cash reserve ratio by 50 basis points to infuse liquidity signaled that policymakers are more concerned about the growth outlook than inflation. RBI Governor said the committee voted 4-2 to maintain the policy repo rate at 6.50 percent.
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Bay Street Looks Headed For A Mixed Start
Jobs data from Canada and the U.S. hold the key for stocks on Bay Street on Friday. Metal stocks may move up on firm gold and silver prices, while oil stocks are likely to remain a bit subdued early on due to weak oil prices.
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Eurozone GDP Growth Rises On Domestic Demand
The euro area economy expanded as initially estimated in the third quarter on household and government spending and investment, revised data published by Eurostat showed Friday. Gross domestic product climbed 0.4 percent sequentially, which was double the 0.2 percent growth posted in the second quarter. The rates matched the preliminary estimate.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Friday.
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UK Halifax House Price Growth Accelerates
UK house prices growth accelerated unexpectedly in November as easing mortgage rates boosted buyer confidence, mortgage lender Halifax said Friday. House prices grew at a pace of 1.3 percent month-on-month, while the rate was forecast to slow to 0.3 percent from 0.4 percent in October. Moreover, prices increased for the fifth month in a row and marked the strongest growth so far this year.
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