Forex News
TSX Records New Closing High; Technology, Energy Stocks Move Up
The Canadian market posted new record intraday and closing highs on Friday as technology and energy stocks rallied on sustained buying support. Upbeat jobs data from the U.S., and a strong reading of Canada's Ivey Purchasing Managers Index helped underpin sentiment.
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55 days ago
Dollar Rises On Strong Jobs Data
The U.S. dollar moved up on Friday as prospects of aggressive rate cuts by the Federal Reserve in its upcoming meeting faded after data from the Labor Department showed a much bigger than addition of jobs in non-farm payroll employment in September.
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55 days ago
Stocks Climb Higher On Upbeat Jobs Data; Dow Hits New Record Closing High
U.S. stocks rallied on Friday, lifting the major averages to a firm close, as upbeat non-farm payroll data helped offset concerns about Middle East tensions and prompted investors to indulge in some brisk buying at several counters from across various sectors.
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55 days ago
Swiss Market Ends Marginally Down
The Switzerland market ended marginally down on Friday after moving in a tight band. The market did manage to emerge above the flat line a few times during the day's session, but failed to find enough support to stay positive. Data showing an increase in the nation's unemployment rate hurt a bit.
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55 days ago
European Stocks Close Higher On Strong U.S. Jobs Data, France Industrial Output Report
European stocks ended higher on Friday with investors cheering upbeat U.S. jobs data. Geopolitical tensions persisted, but that did not deter investors from picking up several frontline stocks.
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55 days ago
U.S. Dollar Advances As Solid Jobs Data Dampens Hopes Of Aggressive Rate Cut
The U.S. dollar spiked up against its major counterparts in the New York session on Friday, as nonfarm payrolls increased more than expected in September, reducing odds of a 50 basis point rate cut by the Federal Reserve in November.
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55 days ago
Canadian Market Up Firmly On Strong Economic Data; TSX Posts New High
The Canadian market climbed to a fresh record high Friday morning, led by gains in technology, consumer discretionary, materials, financials and energy sectors.
Data showing a strong reading of Canada's Ivey Purchasing Managers Index for the month of September and upbeat U.S. jobs data are aiding sentiment.
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55 days ago
more news
Google To Stop Linking To News Content In New Zealand
Google's New Zealand division, in an update addressing the country's Fair Digital News Bargaining Bill, said it would be forced to stop linking to news content on Google Search, Google News, or Discover surfaces in the country. The Bill proposes a "link tax" that would require Google to pay simply for linking to news articles. In a New Zealand Blog post, the company said it would discontinue...
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56 days ago
U.S. Job Growth Far Exceeds Estimates In September
A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by much more than expected in the month of September. The Labor Department said non-farm payroll employment jumped by 254,000 jobs in September after climbing by an upwardly revised 159,000 jobs in August. Economists had expected employment to rise by 140,000 jobs.
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56 days ago
U.S. Employment Jumps Much More Than Expected In September
A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by much more than expected in the month of September.
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56 days ago
UK New Car Registrations Rise On Heavy EV Discounting: SMMT
UK new car registrations increased in '74' plate change month of September as heavy EV discounting shores up demand, the Society of Motor Manufacturers and Traders said Friday. New car sales rose 1.0 percent to 275,239 units in September. In what is traditionally a bumper month for new car registrations, second only to March, the performance was the best since 2020.
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56 days ago
Bay Street May Open Slightly Higher; U.S. Jobs Data In Focus
Higher crude oil prices and slightly positive European stocks point to a marginally higher start for the Canadian market Friday morning. However, U.S. non-farm payroll data, due before the opening bell, holds the key for the market, as the numbers could offer some clues about the likely move of the Federal Reserve with regard to the size of its next interest rate cut.
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56 days ago
Yen Rises On Middle East Worries
The Japanese yen strengthened against other major currencies in the Asian session on Friday, as Middle East worries persisted and investors awaited the release of all-important U.S. jobs report later in the day for additional clues on the Fed's rate trajectory.
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56 days ago
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