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Canadian Market Modestly Higher Around Noon
The Canadian market is up in positive territory around noon on Friday, thanks to strong gains in technology and materials sectors. A few stocks from healthcare sector are also up with notable gains.
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874 일 전
Dollar Advances As Strong U.S. PPI Data Raises Fed Rate Hike Concerns
The U.S. dollar rebounded against its major opponents in the European session on Friday, as the nation's producer inflation rose more than expected in November, raising concerns about the Federal Reserve's outlook for interest rates.
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874 일 전
U.S. Wholesale Inventories Rise Less Than Expected In October
The Commerce Department released a report on Friday showing U.S. wholesale inventories increased by less than expected in the month of October. The report said wholesale inventories rose by 0.5 percent in October after climbing by 0.6 percent in September. Economists had expected wholesale inventories to increase by 0.8 percent.
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874 일 전
U.S. Consumer Sentiment Unexpectedly Improves In December, Inflation Expectations Dip
Preliminary data released by the University of Michigan on Friday unexpectedly showed an improvement in U.S. consumer sentiment in the month of December. The report said the consumer sentiment index climbed to 59.1 in December from 56.8 in November, while economists had expected the index to drop to 53.3.
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874 일 전
U.S. Producer Price Growth Exceeds Estimates In November
A report released by the Labor Department on Friday showed U.S producer prices increased by more than expected in the month of November. The Labor Department said its producer price index for final demand rose by 0.3 percent in November, matching upwardly revised increases in October and September.
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874 일 전
Bay Street Likely To Open On Positive Note
Higher Canadian and U.S. futures, and firm commodity prices point to a positive start for the Canadian market on Friday.
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874 일 전
U.S. Producer Prices Rise More Than Expected In November
A report released by the Labor Department on Friday showed U.S producer prices increased by more than expected in the month of November.
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874 일 전
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Britons Find Inflation More Sticky: Bank Of England/Ipsos Survey
Britons' inflation expectations for the coming year slowed slightly in November but their outlook for the medium-term inflation was higher suggesting that inflation is considered to be more sticky, results of a survey by the Bank of England showed Friday. The one-year ahead consumer price inflation is seen at 4.8 percent compared to 4.9 percent estimated in August, a quarterly survey showed.
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874 일 전
Japanese Billionaire Picks Crew Including Artists For SpaceX's Flight To The Moon
Japanese entrepreneur Yusaku Maezawa has selected ten crewmembers, comprising artists, content creators, and athletes, to fly with him on SpaceX's Starship around the Moon on the dearMoon mission. SpaceX's first private lunar flight with dearMoon crew, including two backups, is planned to take place in 2023. Maezawa announced the crew for the mission in a YouTube video and a tweet.
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874 일 전
Swiss Franc Climbs As Focus Shifts To Central Bank Meetings
The Swiss franc was higher against its major rivals in the European session on Friday, as investors geared up for a slew of central bank policy meetings due next week.
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874 일 전
Sensex, Nifty Decline As IT Stocks Tumble On Valuation Concerns
Indian shares fell notably on Friday, with IT stocks suffering heavy losses after analysts from brokerage Credit Suisse warned of a 10-27 percent valuation-led correction for India's top four IT companies.
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874 일 전
European Shares Little Changed As Investors Look Ahead To Fed Meeting
European stocks were little changed on Friday after falling for five consecutive sessions on worries about higher interest rates and the outlook for global growth.
A cautious undertone prevailed as investors braced for key U.S. inflation data due later in the day and next week's FOMC rate decision.
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874 일 전
France GDP To Post Meager Growth In Q4: Bank Of France
The French economy is on the course to continue expanding at the end of the year but at a modest pace, the Bank of France estimated based on a monthly survey. Gross domestic product will expand around 0.1 percent in the fourth quarter, the Bank of France said Thursday. The bank forecast GDP to be up slightly in November and virtually stable in December.
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874 일 전
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