European stocks are likely to open on a mixed note Thursday as investors ponder the U.S. rate outlook and the impact of a new U.S. administration led by President-elect Donald Trump on the regional growth. After taking charge as the U.S. President on January 20, Donald Trump is likely to impose a 25 percent tariff...
The U.S. dollar weakened against most major currencies in the Asian session on Thursday. The U.S. dollar fell to a 2-day low of 1.0375 against the euro, from a recent 2-day high of 1.0346. Against the pound and the Swiss franc, the greenback slid to 2-day lows of 2-day lows of 1.2540 and 0.9044 from...
Chinas manufacturing sector expanded at a softer pace in December largely due to weaker foreign demand, survey results from S&P Global showed Wednesday. The Caixin manufacturing Purchasing Managers Index posted 50.5 in December, down from 51.5 in November. The score was expected to climb to 51.6. The survey showed that conditions in the manufacturing sector...
Final factory Purchasing Managers survey results from the euro area and the UK are the top economic news due on Wednesday. At 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to climb 3.8 percent on year in December, slightly faster than the 3.7 percent rise in November. At 3.15...
French stocks are down firmly in negative territory in late morning trades on Thursday, extending early losses after data showed a sharp decline in the nations manufacturing activity in the month of December. The benchmark CAC 40 was down 71.41 points or 0.97% at 7,309.33. Final data from S&P Global confirmed that the HCOB France...
After opening slightly up and advancing further, UK stocks pared gains Thursday morning and are mostly subdued a little before noon as investors react to data showing a sharp contraction in the nations manufacturing activity in the month of December. The UK markets benchmark FTSE 100 index, which advanced to 8,204.00 earlier in the session,...
UK house prices posted a faster-than-expected growth and ended 2024 on a strong footing, the Nationwide Building Society said Thursday. House prices grew 4.7 percent year-on-year in December, faster than the 3.7 percent increase in November and also came in stronger than economists forecast of 3.8 percent gain. At the same time, on a monthly...
Higher Canadian and U.S. futures and rising crude oil and bullion prices indicate a positive open for the Canadian market Thursday morning. Weak manufacturing activity data from major European countries may hurt a bit. Investors will also be reacting to a report on Canadian manufacturing activity, due this morning. The S&P Global Canada Manufacturing PMI...
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 28th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 211,000, a decrease of 9,000 from the previous weeks revised level of 220,000. The dip surprised economist, who had expected jobless...
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 28th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 211,000, a decrease of 9,000 from the previous weeks revised level of 220,000. The dip surprised economist, who had expected jobless...