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Dollar Rises Against Major Counterparts Amid Tariff War
The U.S. dollar climbed higher against its major counterparts on Thursday with rising worries about the impact of the tariff war between the U.S. and some major trading partners pushed up the demand for the safe-haven currency.
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69天前
Swiss Market Ends Modestly Lower After Choppy Session
The Switzerland market ended modestly lower on Thursday after a choppy session, as the ongoing trade war between the U.S. and other countries including Canada, China and the EU nations weighed on investor sentiment.
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69天前
European Stocks Close Weak As Tariff War Hurts Sentiment
European stocks closed broadly lower on Thursday amid rising concerns about global economic growth following U.S. President's tariffs on steel and aluminum, the retaliatory measures from Canada and the European Union, and subsequent threat by Trump that reciprocal tariffs on U.S.' trade partners will take effect next month.
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69天前
U.S. Dollar Advances Amid Tariff Concerns
The U.S. dollar firmed against its most major counterparts in the New York session on Thursday, as investors rushed to safe-haven assets amid concerns about President Donald Trump's trade policies after he suggested the U.S. would respond to the European Union's countermeasures with even more tariffs.
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69天前
Canadian Market Moderately Lower In Cautious Trade
The Canadian market is down in negative territory around noon on Thursday amid rising concerns over fresh tariffs, and on fears of recession in the U.S. and Canada.
Tariff worries keep investors on the edge after Canada and the EU swiftly retaliated against U.S. steel and aluminum tariffs and President Trump vowed to respond to the countermeasures.
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69天前
U.S. Weekly Jobless Claims Unexpectedly Edge Down To 220,000
A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended March 8th. The Labor Department said initial jobless claims edged down to 220,000, a decrease of 2,000 from the previous week's revised level of 222,000. The dip surprised economists, who had expected jobless claims to inch up to 225,000.
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70天前
U.S. Producer Prices Unexpectedly Flat In February
With an increase in prices for goods offset by a decrease in prices for services, the Labor Department released a report on Thursday showing producer prices in the U.S. were unexpectedly flat in the month of February. The Labor Department said its producer price index for final demand was unchanged in February after climbing by an upwardly revised 0.6 percent in January.
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70天前
more news
Bay Street Seen Opening With Negative Bias
Canadian shares are likely to open with a negative bias Thursday morning, tracking weak European markets and lower crude oil prices. The market is likely to be weighed down by tariff worries as well.
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70天前
U.S. Producer Price Index Unexpectedly Unchanged In February
With an increase in prices for goods offset by a decrease in prices for services, the Labor Department released a report on Thursday showing producer prices in the U.S. were unexpectedly flat in the month of February.
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70天前
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended March 8th.
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70天前
FTSE 100 Modestly Lower In Lackluster Trade
The UK market is down slightly around noon on Thursday with investors largely making cautious moves amid concerns over the potential impact of the trade war.
The benchmark FTSE 100 is down 23.32 points or 0.27% at 8,517.65 nearly half an hour past noon.
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70天前
Eurozone Industrial Output Rebounds In January
Euro area industrial production recovered at a stronger-than-expected pace in January due to the rebound in intermediate and capital goods output, official data revealed Thursday. Industrial output grew 0.8 percent on a monthly basis in January, reversing a 0.4 percent fall in December, Eurostat reported. Output was expected to climb 0.5 percent.
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70天前
CAC 40 Up Marginally In Cautious Trade
French stocks are up in positive territory around noon on Thursday despite lingering concerns about tariffs and their potential impact on global economic growth.
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70天前
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