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U.S. Consumer Sentiment Improves More Than Previously Estimated In September
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by more than previously estimated in the month of September. The University of Michigan said its consumer sentiment index for September was upwardly revised to 70.1 from a preliminary reading of 69.0. Economists had expected a more modest upward revision to 69.3.
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U.S. Consumer Prices Edge Higher In August, Annual Growth Slows More Than Expected
Consumer prices in the U.S. crept up in line with economist estimates in the month of August, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index inched up by 0.1 percent in August after rising by 0.2 percent in July.
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U.S. Consumer Prices Inch Up In Line With Estimates In August
Consumer prices in the U.S. crept up in line with economist estimates in the month of August, according to closely watched data released by the Commerce Department on Friday.
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Bay Street Looks Headed For Subdued Start; US PCE Data In Focus
Slightly lower Canadian and U.S. futures indicate a subdued start for the Canadian market Friday morning, but investors are likely to make their moves, reacting to U.S. PCE score and Canadian GDP data that due before the opening bell.
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Yen Rebounds After Ishiba Wins LDP Presidential Election
The Japanese yen rebounded from early weakness against other major currencies in the European session on Friday, after Shigeru Ishiba has won the leadership race to become Japan's prime minister.
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European Stocks Climbing Higher, Look Set To End Week On Firm Note
European stocks are up firmly on Friday and look set to end the week on a positive note, amid renewed optimism over China's stimulus moves, and on expectations of more interest-rate cuts by the Fed and other central banks.
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Yen Rises Against Majors
The Japanese yen weakened against other major currencies in the European session on Friday.
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China Stimulus Lifts FTSE 100
The FTSE 100 benchmark of the London Stock Exchange recorded gains of close to half a percent in Friday's trading as the China growth story inspired momentum.
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Sensex, Nifty End Weak As Stocks Drift Lower On Profit Taking
After a flat start, the Indian stocks moved up a bit Friday morning, lifting the benchmark indexes Sensex and the Nifty50 to fresh record highs, but changed course and kept drifting lower as the day progressed as investors chose to take some profits amid a lack of any significant triggers.
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Inflation Dip And China Hopes Lift CAC 40
Better-than-expected inflation readings that renewed rate cut expectations from the ECB as well as hopes of economic revival in China following the stimulus measures have lifted the CAC-40 higher in Friday's trading.
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DAX Rises To Fresh Peak Amidst China Cheer
Euphoria surrounding the massive liquidity easing measures implemented in China as well as the prospect of another rate cut by the ECB in October lifted the DAX benchmark to a record high on Friday.
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NTSB Asks For Urgent Safety Checks On Boeing 737 Rudder System
In a latest blow to the struggling aerospace giant Boeing Co., which has been hit by an ongoing strike by machinists as well as various safety issues, the National Transportation Safety Board has issued urgent safety recommendations to Rudder control system on some 737 airplanes. The warning has been given to Boeing and the Federal Aviation Administration or FAA in response to the potential...
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Asian Markets Rise As China's Stimulus Cheer Offsets PCE Jitters
Equity markets in Asia cheered China implementing policy announcements made earlier in the week to support economic growth.
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