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U.S. Manufacturing Index Edges Lower But Still Indicates Modest Growth In February
A report released by the Institute for Supply Management on Monday showed its reading on U.S. manufacturing edged slightly lower in February, although the index still indicated growth in the sector for the second straight month. The ISM said its manufacturing PMI slipped to 50.3 in February after rising to 50.9 in January, but a reading above 50 still indicates growth.
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178 ngày trước
Bay Street Likely To Open On Firm Note
Canadian shares are likely to open on a firm note Monday morning, tracking gains in European markets, and higher commodity prices.
Worries about new tariffs by U.S. effective Tuesday could weigh and limit market's upside.
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178 ngày trước
Dollar Climbs Amidst Trade And Geopolitical Jitters
Trade tariff turbulence and uncertainty about peace in Ukraine lifted the Dollar Index during the week ended February 28.
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178 ngày trước
Eurozone Inflation Slows To 2.4%
Eurozone inflation eased slightly in February partly reflecting the slowdown in services inflation but the rate remained above 2 percent, flash data from Eurostat showed on Monday. The harmonized index of consumer prices logged an annual growth of 2.4 percent after rising 2.5 percent in January. The rate was expected to ease to 2.3 percent.
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178 ngày trước
UK Mortgage Lending Strongest Since 2022, Approvals Fall Slightly
Mortgage borrowing of British homebuyers hit the highest since September 2022, while home loan approvals decreased slightly in January ahead of the stamp duty changes in April, figures from the Bank of England showed on Monday. Mortgage lending increased GBP 0.9 billion to GBP 4.2 billion in January, which was the highest since September 2022.
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178 ngày trước
FTSE 100 Advances; Bunzl Down 7% On Weak Earnings
U.K. stocks are modestly higher on Monday with the benchmark FTSE 100 hovering near record highs, led by gains defense shares like in most of the major markets across Europe, on prospects of increased spending on defense.
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178 ngày trước
Eurozone Factory Activity Slump Eases
Eurozone manufacturing sector remained in contraction in February, but the downturn was the least marked since early 2023, final survey results from S&P Global showed on Monday. The HCOB manufacturing Purchasing Managers' Index rose to a 24-month high of 47.6 in February from 46.6 in January. The flash reading was 47.3. The score signaled the smallest deterioration since early-2023
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178 ngày trước
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Pound Rises Amid Optimism Ukraine Peace Plan
The British pound strengthened against other major currencies in the European session on Monday, as investors react to the latest tariff news and Europe's peace efforts in Ukraine.
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178 ngày trước
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Monday.
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178 ngày trước
CAC 40 Moderately Higher; Thales Up Sharply
French stocks are up in positive territory Monday morning, led by gains in defense shares, amid prospects of increased defense spending following European leaders echoing recent views of the U.K. about increasing spending for the sector.
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178 ngày trước
DAX Rise 1.25% As Defense Stocks Rally
German stocks are up firmly in positive territory Monday morning, outperforming peers from the region, thanks to hectic buying in defense stocks on reports the Christian Democratic Union (CDU) and their prospective coalition partner/partners, are considering setting up two special funds for defense and infrastructure investments.
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178 ngày trước
Sensex, Nifty End Lackluster Session Marginally Lower
Indian shares ended little changed with a negative bias on Monday as investors grappled with signs of a weakening U.S. economy and increasingly unclear prospects for peace in Ukraine.
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178 ngày trước
European Shares Subdued Before Inflation Data; Defense Stocks Surge
European stocks were subdued on Monday, even as defense stocks climbed amid the prospect of higher defense spending in Europe to deter Russian aggression.
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178 ngày trước
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