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U.S. Employment Jumps More Than Expected In June
A closely watched report released by the Labor Department on Friday showed employment in the U.S. jumped by more than expected in the month of June, although the report also showed another unexpected uptick by the unemployment rate.
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Futures Point To Subdued Start On Bay Street; U.S., Canadian Jobs Data In Focus
Canadian and U.S. futures, and commodity prices point to a subdued start on Bay Street Friday morning, but the crucial Canadian and U.S. jobs data for the month of June, both due at 8:30 AM ET, will likely set the mood at the opening bell.
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UK House Prices Drop In June: Halifax
UK house prices dropped in June after remaining stable for two straight months, signaling that the property market remained subdued, mortgage lender Halifax reported Friday. House prices fell 0.2 percent month-on-month in June, in contrast to the expected increase of 0.2 percent. A typical UK house costs GBP 288,455. Compared to the last year, house prices climbed 1.6 percent.
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Eurozone Retail Sales Rise In May
Eurozone retail sales increased in May after falling a month ago but the pace of growth was weaker than forecast, official data showed on Friday. Retail sales edged up 0.1 percent on a monthly basis in May following a 0.2 percent drop in April, Eurostat said. Sales were expected to climb 0.2 percent. Sales of food, drinks and tobacco posted a monthly increase of 0.7 percent.
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Sensex, Nifty Recoup Early Losses To End Flat
Indian shares recouped early losses to end on a flat note Friday.
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European Shares Gain Ahead Of US Jobs Report
European stocks edged higher on Friday after the Labour Party secured a landslide victory in the U.K. election to end 14 years of Conservative rule, as widely expected.
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CPSC Recalls: Honda Motorcycles, Power Adapters, Hair Dryers, Children's Pajamas
The U.S. Consumer Product safety Commission or CPSC has announced recalls including Honda off-road motorcycles, power adapters, hair dryers, and children's pajamas, citing various reasons. Torrance, California-based American Honda Motor Co. Inc., affiliated to Japanese automajor Honda Motor Co., has called back about 40,700 units of off-road motorcycles citing crash and injury risks.
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FTSE 100 Gains After Labour Victory
U.K. stocks traded higher on Friday as the Labour Party secured a landslide victory in the U.K. election to end 14 years of Conservative rule.
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CAC 40 Extends Gains As Election Campaign Enters Final Stretch
French stocks rose slightly on Friday to extend gains from the previous session after opinion polls predicted that Sunday vote could result in a 'hung parliament'.
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DAX Gains Before French Runoff Election
German stocks advanced on Friday after opinion polls predicted that the second-round run-off vote in France's parliamentary election on Sunday might lead to a hung parliament with no clear majority.
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Asian Shares Mostly Lower As EU Slaps Tariffs On Chinese Electric Vehicles
Asian stocks fell broadly on Friday as EU tariffs on Chinese imports took effect and China announced the next step in its anti-dumping investigation into European brandy imports.
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German Industrial Output Logs Unexpected Decline
Germany's industrial production declined unexpectedly in May suggesting that the economy is losing steam, official data revealed on Friday. Industrial production posted a monthly decline of 2.5 percent in May, reversing a revised 0.1 percent rise in April, Destatis reported. Output was expected to grow 0.2 percent.
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Yen Rises Amid Speculation On Fx Market Intervention
The Japanese yen strengthened against other major currencies in the Asian session on Friday, as speculation rose that the Japanese authorities have intervened the currency market to prop up the currency.
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