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New York Manufacturing Index Soars Into Positive Territory November
A report released by the Federal Reserve Bank of New York on Friday showed regional manufacturing activity has seen a substantial turnaround in the month of November.
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U.S. Import Prices Unexpectedly Increase In October
The Labor Department released a report on Friday showing an unexpected increase by import prices in the U.S. in the month of October.
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U.S. Retail Sales Climb Slightly More Than Expected In October
Partly reflecting a jump in sales by motor vehicle and parts dealers, the Commerce Department released a report on Friday showing retail sales in the U.S. increased by slightly more than expected in the month of October.
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Bay Street Likely To Open On Mixed Note
Canadian shares are likely to see a mixed start Friday morning, tracking commodity prices, and subdued European stocks. Waning hopes of aggressive interest rate cuts by the Federal Reserve may weigh on sentiment.
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EU Forecasts Eurozone Growth To Pick Up Despite Heightened Uncertainty
The Eurozone economic growth is projected to pick up next year with acceleration of domestic demand despite risks to global trade from protectionist measures. In the Autumn Forecast, the European Commission retained the economic growth outlook for 2024 at 0.8 percent. The currency bloc continued to grow at a subdued pace through the second and third quarters amid easing inflationary pressures.
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CPSC Recalls: Bicycles, DeNova Alarms, Planter Boxes, YOYO3 Strollers
The U.S. Consumer Product safety Commission or CPSC has announced recalls including woom Bikes USA's children's bicycles, New Cosmos USA's combination Natural Gas and Carbon Monoxide Alarms, Outdoor Essentials' Cultivar Planter Boxes, Stokke's YOYO3 Strollers, Hallmark's Cad Bane Christmas Tree Ornaments, as well as Petidoux's Children's Pajamas.
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Pound Slides On Disappointing U.K. GDP Data
The British pound weakened against other major currencies in the European session on Friday, after data showed a sharp slowdown in the third quarter growth.
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Domino's, Pool Corp. Climb After Buffett's Berkshire Buys Stake
Shares of Domino's Pizza Inc. and swimming pool supplier Pool Corp. gained significantly in the extended trading in New York on Thursday after billionaire investor Warren Buffett's Berkshire Hathaway Inc. took stake in them. In the pre-market activity, Domino's shares were moving up 8 percent and Pool shares were up 7 percent.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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299 dagar sedan
European Shares Slide As Powell Signals Careful Approach To Rate Cuts
European stocks declined on Friday as Federal Reserve Chair Jerome Powell signaled a cautious approach on rate cuts and mixed Chinese data stoked concerns about slowing demand in the country.
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FTSE 100 Little Changed After GDP Data; Volex Shares Slump 13%
U.K. stocks were little changed on Friday and the pound hovered near a four-month low after data showed Britain's economy contracted unexpectedly in September and growth slowed to a crawl over the third quarter.
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CAC 40 Drifts Lower As Powell Dashes Rate-cut Hopes
French stocks traded lower on Friday after Federal Reserve Chair Jerome Powell signalled a cautious approach on rate cuts, given persistent inflationary pressures.
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Canadian Dollar Slides As Crude Oil Prices Drop
The Canadian dollar weakened against other major currencies in the European session on Friday, as crude oil prices declined amid worries about oversupply by growing U.S. crude stocks.
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299 dagar sedan
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