European Economic News Preview: German Ifo Business Confidence Due
(RTTNews) - Business sentiment survey data from Germany is the only major economic report due on Monday.
At 3.00 am ET, the Czech Statistical Office is slated to release business sentiment data for June.
At 4.00 am ET, Germany's ifo business confidence survey data is due. The business sentiment index is forecast to rise to 89.7 in June from 89.3 in the previous month. In the meantime, retail sales data is due from Poland.
At 6.00 am ET, the Confederation of British Industry is slated to release Industrial Trends survey data. The order book balance is forecast to improve to -26 percent in June from -33 in May.
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Canadian Dollar Advances As Oil Prices Gain
The Canadian dollar climbed against its major counterparts in the New York session on Monday, as oil prices rose after OPEC+ agreed to push back its December production increase by at least a month, prioritizing price support over regaining market share.
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Pred 5 h 9 min
European Stocks Close Broadly Lower After Cautious Session
European stocks closed broadly lower on Monday, as investors largely stayed cautious and refrained from making big moves ahead of U.S. Presidential election, and the Federal Reserve's monetary policy announcement, due on Tuesday and Wednesday, respectively.
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Pred 5 h 14 min
Eurozone Investor Sentiment Improves For Second Month - Sentix
Investor confidence in the euro area strengthened for a second straight month in November amid a modest improvement in the economic data from Germany and optimism about the outcome of the presidential election in the U.S., while markets continue to look for some solid stimulus news from China, results of the closely watched Sentix survey showed on Monday.
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Pred 6 h 56 min
U.S. Factory Orders Decrease In Line With Estimates In September
New orders for U.S. manufactured goods declined in line with economist estimates in the month of September, according to a report released by the Commerce Department on Monday. The Commerce Department said factory orders fell by 0.5 percent in September, matching expectations.
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Pred 7 h 40 min
Dollar Index Edges Up As Markets Eye Vote And Fed
Currency market movements during the week ended November 1 were dominated by uncertainty surrounding the U.S. Presidential election as well as the Fed's impending interest rate review.
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Pred 10 h 28 min
Bay Street Likely To Open On Positive Note
The Canadian market is likely to open on a firm note Monday morning with energy stocks finding support on rising crude oil prices. With U.S. presidential election happening on Tuesday and the Federal Reserve's monetary policy announcement due on Wednesday, the mood in the market is likely to be a bit cautious.
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Pred 10 h 59 min
Sensex Drops 942 Points; Nifty Ends Below 24,000
Indian shares tumbled on Monday, as heightened tensions in the Middle East along with anxiety ahead of this week's U.S. presidential election and the Federal Reserve's interest-rate decision dented investors' appetite for risk.
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Pred 12 h 54 min
Eurozone Manufacturing Downturn Continues
The euro area manufacturing downturn continued in October albeit at the slowest pace in five months, survey data published by S&P Global showed on Monday. The HCOB manufacturing Purchasing Managers' Index increased to 46.0 in October from 45.0 in September. The flash score was 45.9. The score suggests that the sector posted its slowest fall since May.
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Pred 13 h 7 min
