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U.S. Dollar Falls As Soft PCE Inflation Data Supports Rate Cut Hopes
The U.S. dollar weakened against its major counterparts in the New York session on Friday, as PCE inflation cooled in August, raising the possibility of a 50 basis point rate cut by the Federal Reserve in November.
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107 วันที่ผ่านมา
Canadian Market Up Marginally In Cautious Trade
The Canadian market is up marginally on Friday with stocks turning in a mixed performance in cautious trade. Investors are digesting the latest batch of Canadian economic data, and reports on U.S. consumption expenditure, personal income & spending.
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107 วันที่ผ่านมา
Intel Reportedly Rejects Arm's Bid For Product Division
Chipmaker Intel Corp., which is in the midst of takeover speculation amid its struggling financial performance, rejected an approach from British chip firm Arm Holdings Plc for its product division, Bloomberg reported citing a person with direct knowledge of the matter. Intel replied that the product division is not for sale. On the Nasdaq, Intel shares were gaining around 1.5 percent...
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107 วันที่ผ่านมา
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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107 วันที่ผ่านมา
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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107 วันที่ผ่านมา
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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108 วันที่ผ่านมา
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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108 วันที่ผ่านมา
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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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108 วันที่ผ่านมา
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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108 วันที่ผ่านมา
Yen Rises Against Majors
The Japanese yen weakened against other major currencies in the European session on Friday.
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108 วันที่ผ่านมา
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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108 วันที่ผ่านมา
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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108 วันที่ผ่านมา
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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108 วันที่ผ่านมา
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