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Bay Street Likely To See Positive Start
Higher Canadian and U.S. futures, firm crude oil prices and gain in European markets point to a positive start for the Canadian market on Friday.
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Boeing, NASA Further Delay Starliner Crew Flight Launch
Boeing and NASA announced further delay in the much expected launch of Starliner Crew Flight to the International Space Station following certain emerging issues with the capsule. Boeing has been developing its Starliner spacecraft after winning nearly $5 billion in contracts under NASA's Commercial Crew Program. Starliner's first crewed flight was earlier prepared for an April launch.
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Yen Falls On U.S. Debt Deal Approval
The yen weakened against its major counterparts in the European session on Friday amid risk appetite, as the U.S. Senate approved a bipartisan deal to address the debt ceiling and implement budget cuts, avoiding a potential U.S. default.
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Sensex, Nifty End Modestly Higher Ahead Of US Jobs Data
Indian shares eked out modest gains in cautious trade on Friday as investors awaited the all-important U.S. jobs report due later in the day for directional cues.
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European Shares Climb On Fed Pause Hopes
European stocks traded sharply higher on Friday, with Fed pause hopes and easing U.S. debt default worries helping underpin sentiment ahead of the all-important U.S. jobs data due later in the day.
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FTSE 100 Rallies Led By Oil And Mining Stocks
U.K. stocks rose on Friday as a weaker dollar on Fed pause hopes and easing U.S. debt default worries boosted commodity prices.
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CAC 40 Rallies As Industrial Output Rebounds
French stocks were trading higher on Friday after official data showed France's industrial production rebounded in April, led by a sharp recovery in petroleum output.
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DAX Extends Gains Ahead Of US Jobs Data
German stocks rose on Friday to extend gains from the previous session as the U.S. pulled back from the brink of default and comments from a Federal Reserve official suggested a pause in interest rate hikes at the June policy meeting.
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Asian Shares Gain As US Senate Clears Debt Deal
Asian stocks advanced on Friday after the U.S. Senate passed a bipartisan bill to raise the debt ceiling into 2025 and cut the deficit, the final hurdle for the U.S. to avoid default on its debt.
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French Industrial Production Recovers In April
France's industrial production rebounded in April with the sharp recovery in petroleum output, the statistical office INSEE reported Friday. Industrial output logged a monthly growth of 0.8 percent, reversing the 1.1 percent decrease in March. Production was expected to climb 0.3 percent.
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European Shares Set To Rise As US Senate Passes Debt Ceiling Bill
European stocks are likely to open higher on Friday after the U.S. Senate approved a bipartisan deal to address the debt ceiling and implement budget cuts, avoiding a potential U.S. default.
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European Economic News Preview: France Industrial Output Data Due
Industrial production from France and unemployment from Spain are the only important economic data due on Friday. At 2.45 am ET, France's statistical office Insee publishes industrial output for April. Production is expected to grow 0.3 percent on month, in contrast to the 1.1 percent decrease in March.
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Sensex, Nifty Gain As US Senate Clears Debt Ceiling Bill
Indian shares opened on a positive note Friday, mirroring firm cues from global markets after the U.S. Senate approved a bipartisan deal to address the debt ceiling and implement budget cuts, avoiding a potential U.S. default.
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