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Eurozone Inflation Slows On Lower Energy Prices
Euro area consumer price inflation slowed to a four-month low in December on easing energy price growth, but an unexpected acceleration in core inflation pushes the case for the European Central Bank to continue with its hawkish stance. Other economic data released on Friday suggested that recession is likely to be shallower than estimated previously.
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U.S. Employment Jumps Slightly More Than Expected In December
Employment in the U.S. increased by slightly more than expected in the month of December, according to a report released by the Labor Department on Friday.
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Loonie Rises After Canada Jobs Data
Following the release of Canada jobs data for December at 8:30 am ET Friday, the loonie climbed against its major counterparts.
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Dollar Drops Following U.S. Jobs Data
The U.S. jobs data for December has been released at 8:30 am ET Friday. The greenback slipped against its major counterparts after the data.
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Loonie Falls Ahead Of Canada Jobs Data
Statistics Canada will release Canada jobs data for December at 8:30 am ET Friday. Ahead of the data, the loonie dropped against its major counterparts.
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Dollar Climbs Ahead Of U.S. Jobs Data
The U.S. jobs data for December is due at 8:30 am ET Friday. Ahead of the data, the greenback advanced against its major counterparts.
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Delta To Offer Free Wi-Fi Starting Feb. 1
Delta Air Lines, Inc. said it will offer fast, free Wi-Fi to all customers on board most domestic mainline flights beginning February 1, in partnership with telecom major T-Mobile. The airline also announced plans to bring free Wi-Fi on international and regional aircraft by the end of 2024.
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more news
Bay Street Seen Opening On Mixed Note; Canadian, U.S. Jobs Data To Set The Tone
A mixed trend in commodity prices and somewhat subdued European markets point to a cautious start for the Canadian market on Friday.
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Eurozone Retail Sales Rebound 0.8% In November
Eurozone retail sales rebounded more-than-expected in November, led by an upturn in sales of non-food products, data published by Eurostat showed on Monday. Retail sales rose 0.8 percent month-on-month in November, in contrast to the 1.5 percent decrease in October, which was the biggest monthly decline since December 2021.
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Eurozone Economic Confidence Highest In 4 Months
Eurozone economic confidence strengthened to a four-month high in December on widespread improvements across trade, services, industry, and construction and among consumers. The economic confidence index rose more-than-expected to 95.8 in December from 94.0 in November, survey results published by the European Commission showed Friday. The latest score was the highest in four months.
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German Factory Orders Fall Most In Over A Year On Weak Demand
Germany's factory orders declined the most in more than a year in November on a steep fall in foreign demand that was in sync with the weaker exports data released earlier, while retail sales rebounded despite high inflation, offering a mixed picture of the biggest euro area economy. Factory orders plunged 5.3 percent in November from October, data from Destatis showed Friday.
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UK Construction Sector Slips Into Contraction On Renewed Fall In Orders
The UK construction sector contracted for the first time in four months in December as higher price pressures pulled orders down, a closely watched survey showed Friday.
The S&P/Chartered Institute of Procurement & Supply construction Purchasing Managers' Index fell more-than-expected to 48.8 in December from 50.4 in November. The expected reading was 49.6.
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UK House Prices Fall 4 Months Amid Squeeze On Spending: Halifax
House prices in the United Kingdom declined for the fourth successive month in December, as the increasing cost of living along with high interest rates led to an overall slowdown in the housing market, survey data from the Lloyds Bank subsidiary Halifax showed on Friday.
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