The U.S. dollar fell against its major counterparts in the New York session on Thursday, as investors await non-farm payrolls report for more clues on the strength of the labor market. Friday\'s jobs report may shed light on how much the economy has slowed in 2024. Weak labor data and PMI readings released on Wednesday...
European stocks closed higher on Thursday with investors closely monitoring the developments on the political front in the region, and looking ahead to U.S. non-farm payroll data, due on Friday. Voting began across polling stations in the U.K., with polls predicting a historic win for the Labour party. Meanwhile, investors hope the far-right National Party...
Canadian stocks are moving in a tight range in lackluster trade on Thursday, with investors awaiting the data on U.S. non-farm payroll employment for directional clues. Communications, energy, consumer discretionary and utilities stocks are finding some support, while stocks from the rest of the sectors are turning in a mixed performance. The benchmark S&P/TSX Composite...
The Canadian market ended at a five-week high on Thursday, despite staying somewhat subdued right through the day\'s session in lackluster trade. Due to a lack of positive triggers, investors appeared reluctant to make significant moves. With the U.S. market closed today for Independence Day holiday, the volume of business was thin in the Canadian...
U.K. stocks traded higher on Friday as the Labour Party secured a landslide victory in the U.K. election to end 14 years of Conservative rule. The benchmark FTSE 100 was up 24 points, or 0.3 percent, at 8,265 after rising 0.9 percent on Thursday. Housebuilders traded higher, with Barratt Developments, Persimmon and Taylor Wimpey surging...
The U.S. Consumer Product safety Commission or CPSC has announced recalls including Honda off-road motorcycles, power adapters, hair dryers, and children\'s pajamas, citing various reasons. Torrance, California-based American Honda Motor Co. Inc., affiliated to Japanese automajor Honda Motor Co., has called back about 40,700 units of off-road motorcycles citing crash and injury risks. In addition,...
European stocks edged higher on Friday after the Labour Party secured a landslide victory in the U.K. election to end 14 years of Conservative rule, as widely expected. Regarding Sunday\'s parliamentary elections in France, opinion polls show the second-round run-off vote may lead to a hung parliament with no clear majority. Optimism about a U.S....
Indian shares recouped early losses to end on a flat note Friday. Markets fell notably in early trade as a business update from private sector lender HDFC Bank showed growth in deposits and advances declined in the first quarter. Oil & gas, pharma and healthcare stocks attracted good amount of buying, helping major indexes recover...
Eurozone retail sales increased in May after falling a month ago but the pace of growth was weaker than forecast, official data showed on Friday. Retail sales edged up 0.1 percent on a monthly basis in May following a 0.2 percent drop in April, Eurostat said. Sales were expected to climb 0.2 percent. Sales of...
UK house prices dropped in June after remaining stable for two straight months, signaling that the property market remained subdued, mortgage lender Halifax reported Friday. House prices fell 0.2 percent month-on-month in June, in contrast to the expected increase of 0.2 percent. A typical UK house costs GBP 288,455. Compared to the last year, house...