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U.S. Dollar Drops Against Majors
The U.S. dollar fell against its major counterparts in the New York session on Friday.
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1 day ago
Swiss Market Ends Modestly Higher
The Switzerland stock market ended modestly higher on Friday after staying positive throughout the day's session thanks to sustained buying at several counters.
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1 day ago
European Markets Rise On Earnings, Economic Data
European stock markets closed higher Friday, supported by encouraging corporate earnings and economic data, despite Middle East tensions. Weak U.S. jobs data boosted sentiment that the Federal Reserve may delay interest rate increases.
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1 day ago
TSX Gains On Metals Rally, Encouraging Jobs Data
Canada's equity benchmark rose on Friday as materials stocks climbed nearly 4.5%, boosted by precious metals strength following weaker U.S. payroll data. Canadian employment grew 75,100 jobs in July. Strong corporate earnings from B2Gold, Iamgold, and Russel Metals contributed to broad market gains.
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1 day ago
U.S. Employment Unexpectedly Dips In July, Unemployment Rate Edges Lower
A closely watched report released by the Labor Department on Friday unexpectedly showed a modest decrease in U.S. employment in the month of July. The Labor Department said non-farm payroll employment dipped by 23,000 jobs in July compared to economist estimates for an increase of about 88,000 jobs.
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1 day ago
German Industrial Production Rises For Third Month
Germany's industrial production expanded for the third straight month in June, suggesting that the sector remains resilient despite the war in the Middle East and rising energy prices, data from Destatis revealed Friday. Industrial production logged a monthly growth of 0.2 percent, following May's revised 0.7 percent increase. Output was expected to remain flat after rising for two straight month
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1 day ago
Canadian Stocks Poised For Positive Open On Jobs Data
Canadian stocks are expected to open higher Friday, supported by strong employment figures and rising precious metals prices. U.S. non-farm payroll employment fell 23,000 jobs in July against expectations of 70,000 job additions, while Canada added 75,100 jobs.
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2 days ago
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U.S. Employment Unexpectedly Dips By 23,000 Jobs In July
A closely watched report released by the Labor Department on Friday showed employment in the U.S. unexpectedly decreased in the month of July.
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2 days ago
China Exports Beat Expectations Despite Geopolitical Tensions
Despite geopolitical tensions, China's exports logged a double-digit growth in July largely driven by demand for hi-tech products, data from the customs office showed Friday. Exports advanced 23.9 percent on a yearly basis in July, faster than economists' forecast of 22.2 percent. However, the pace of growth moderated from 27.0 percent seen in June.
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2 days ago
FTSE 100 Up 0.72% As Miners Surge
London's main index rose 78.25 points to 10,946.14 Friday, propelled by mining sector momentum. Fresnillo and Endeavour Mining led with 5.7% and 2.5% gains. UK house price growth stalled in July, posting flat performance versus 0.2% expected, down from 0.7% annual growth in June.
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2 days ago
CAC 40 Up 0.52% As Market Awaits U.S. Jobs Report
Paris stocks posted modest gains Friday with the CAC 40 rising 0.52% to 8,745.15. Pernod Ricard led advancers with a 2.5% jump. INSEE data showed France's Q2 unemployment reached 8.3%, while June trade deficit narrowed to €5.8 bln from €7.9 bln in May.
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2 days ago
Indian Shares End Lower Amid Hormuz Uncertainty
Indian shares ended Friday's session lower amid a resurgence in geopolitical and trade tensions.
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2 days ago
DAX Rises As Focus Remains On Earnings
The German stock market gained notable ground in positive territory on Friday with investors mostly reacting to earnings updates and tracking oil prices movements amid the ongoing conflict in the Middle East.
Investors also look ahead to the crucial U.S. non-farm payroll data later in the day for clues on the Fed's interest rate moves.
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2 days ago
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