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European Economics Preview: UK GDP, Foreign Trade Data Due
Monthly real gross domestic product, industrial production and foreign trade figures are due from the UK on Monday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for the National Statistics is scheduled to issue the UK monthly GDP data, industrial output and foreign trade figures. Economists forecast the economy to grow 0.3 percent on month in July, in contrast
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962 days ago
Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from global markets on Friday, as traders chose to pick up stocks that had taken a severe beating in recent sessions, despite concerns about slowing growth and sharp interest rate hikes. Trading is also thin in the region with markets in China, Hong Kong and South Korea on a holiday.
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962 days ago
Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Monday, extending the gains in the previous two sessions, with the Nikkei 225 moving above the 28,500 level, following the broadly positive cues from global markets on Friday, with gains across most sectors, led by exporters and technology stocks.
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962 days ago
Australian Market Significantly Higher
The Australian stock market is significantly higher on Monday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 6,900 level, following the broadly positive cues from global markets on Friday, with gains across most sectors, led by materials and energy stocks amid firm commodity prices.
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962 days ago
TSX Ends Nearly 1.9% Up, Gains 2.61% In Week
The Canadian market ended on a buoyant note on Friday, with stocks across the board turning in a fine performance thanks to sustained buying interest.
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964 days ago
Dollar Loses Ground Against Major Counterparts
The U.S. dollar shed ground against its major counterparts on Friday with traders taking some profits, cashing in recent gains, as they looked ahead to the inflation data, due next week.
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964 days ago
Swiss Market Ends On Firm Note On Positive Global Cues
The Switzerland stock market closed on a firm note on Friday, in line with markets across Europe, as investors indulged in some hectic buying at several counters from across various sectors.
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964 days ago
more news
European Stocks Close On Strong Note
European stocks closed on a strong note on Friday despite concerns about slowing global growth and a massive interest rate hike by the European Central Bank.
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964 days ago
Canadian Market Up Sharply On All-round Buying
Canadian stocks are up sharply in early afternoon trades on Friday, extending morning gains, thanks to sustained buying in healthcare, technology, energy and materials shares.
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964 days ago
U.S. Wholesale Inventories Rise Less Than Expected In July
Wholesale inventories in the U.S. increased by less than expected in the month of July, according to a report released by the Commerce Department on Friday. The report showed wholesale inventories rose by 0.6 percent in July after surging by 1.8 percent in June. Economists had expected wholesale inventories to climb by 0.8 percent.
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964 days ago
Mawson Infra To Sell Bitcoin Mining Facility And 6,468 ASIC Miners To CleanSpark For Up To $42.5 Mln
Digital infrastructure provider Mawson Infrastructure Group Inc. (MIGI) announced Friday it has agreed to sell its Sandersville, Georgia-based Bitcoin Mining Facility, and 6,468 ASIC Bitcoin Miners to CleanSpark, Inc. (CLSK) for up to a maximum total purchase price of $42.5 million.
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964 days ago
AstraZeneca Says LYNPARZA Combination Shows Meaningful OS In Ovarian Cancer Across Phase III Trials
British drug major AstraZeneca plc (AZN.L, AZN) announced Friday positive long-term follow-up results from the PAOLA-1 and SOLO-1 Phase III trials of LYNPARZA (olaparib), with or without bevacizumab, demonstrating clinically meaningful improvements in overall survival (OS).
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964 days ago
Kroger Again Boosts FY22 Outlook - Update
While reporting financial results for the second quarter on Friday, supermarket chain Kroger Co. (KR) raised its adjusted earnings and identical sales outlook for the full-year 2022.
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965 days ago
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