Australia Building Approval Data Due On Wednesday
(RTTNews) - Australia will on Wednesday release May figures for building approvals, highlighting a light day for Asia-Pacific economic activity. Approvals are expected to rise 1.5 percent on month and 27.3 percent on year after slipping 0.3 percent on month and jumping 27.3 percent on year in April.
Australia also will see June results for the construction and manufacturing indexes from AiG; in May, they were at -68.1 and -31.1, respectively.
China will see June results for the services PMI from Caixin; in May, the index score was 54.0.
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Bay Street Likely To Open On Firm Note
Higher crude oil and bullion prices, and strong European stocks points to a firm start for the Canadian market Friday morning. The focus will be on U.S. non-farm payroll data, which is likely to provide some clues about the Federal Reserve's interest rate move next week.
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4h 3min ago
UK Manufacturing Contracts For First Time Since April
The UK factory activity contracted for the first time since April as manufacturers adopted a wait-and-see approach on investment and spending ahead of the budget announcement, final data from S&P Global showed on Friday. The manufacturing Purchasing Managers' Index posted 49.9 in October, down from 51.5 in September.
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4h 50min ago
European Shares Gain Before US Jobs Data
European stocks traded higher on Friday ahead of the release of U.S. non-farm payroll report later in the day and next week's U.S. presidential election.
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6h 55min ago
FTSE 100 Rises As House Price Growth Slows
U.K. stocks rose on Friday and the pound was steady as data showed house price inflation in the U.K. eased for the first time in six months in October.
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7h 8min ago
CAC 40 Rises As Investors Weigh The US Election Impact
French stocks traded higher on Friday even as yields on government bonds continued to rise amid inflation concerns and rising odds of a Trump victory in next week's presidential election.
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7h 23min ago
DAX Edges Higher In Cautious Trade Ahead Of US Jobs Data
German stocks were seeing modest gains in cautious trade on Friday ahead of the release of U.S. non-farm payroll report later in the day and next week's U.S. presidential election.
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7h 35min ago
Asian Shares Retreat Despite Positive China Data
Asian stocks ended mostly lower on Friday, even as Hong Kong markets edged up after the release of positive readings on Chinese manufacturing activity and home sales.
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7h 51min ago
NZ Dollar Rises As China Manufacturing Activity Returns To Growth
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday, after China's manufacturing activity returned to growth in October as companies ramped up production and purchasing to meet higher demand amid improving confidence.
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10h 39min ago
