German stocks slipped into the red on Monday as a survey showed the downturn in the countrys manufacturing sector, which accounts for about a fifth of Europes biggest economy, accelerated in August. The HCOB final Purchasing Managers Index (PMI) dropped to 42.4 from 43.2 in July due to a steeper drop in incoming orders. Also,...
French stocks slipped into the red on Monday after a survey showed Frances manufacturing activity contracted at its fastest pace since January in August as a result of a sharp fall in output and new orders. The HCOB France Manufacturing Purchasing Managers Index (PMI), compiled by S&P Global, dropped to 43.9 from 44.0 in July....
U.K. stocks were little changed on Monday, recovering some early losses after a survey showed British factories had their strongest month in more than two years in August as a result of rising output, new orders and employment. The manufacturing PMI was finalized at 52.5 in August, up from Julys 52.1 and hitting a 26-month...
European stocks were subdued on Monday after a survey revealed that Euro zone manufacturing activity remained mired in contraction in August. The manufacturing PMI was finalized at 45.8 in August, unchanged from Julys reading. Elsewhere, the U.K. manufacturing PMI was finalized at 52.5 in August, up from Julys 52.1 and hitting a 26-month high as...
The Swiss franc weakened against most major currencies in the European session on Friday, as traders now cautiously look ahead to the release of closely watched readings on U.S. consumer price inflation later in the day. The data is not likely to impact forecasts for an interest rate cut by the U.S. Fed next month...
Australia will on Monday release July figures for building approvals, highlighting a modest day for Asia-Pacific economic activity. Approvals are expected to rise 9.8 percent on year, steady from the June reading. Australia also will see Q2 data for business inventories and company gross operating profits. Inventories are expected to slip 0.5 percent on quarter...
After recording losses in the previous two sessions, the Canadian market ended on a positive note on Thursday despite paring a substantial portion of its intraday gains. The benchmark S&P/TSX Composite Index, which climbed about 210 points to 23,336.93, settled at 23,227.49, gaining 100.51 points or 0.43%. Canadian Imperial Bank of Commerce (CM.TO) rallied 5.5%...
Japan is scheduled to release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are July figures for unemployment, industrial production, retail sales, construction orders and housing starts, as well as August numbers for Tokyo inflation. The jobless rate is expected to hold steady at 2.5 percent, while...
The unemployment rate in Japan came in at a seasonally adjusted 2.7 percent in July, the Ministry of Internal Affairs and Communications said on Friday. That was above forecasts for 2.5 percent, which would have been unchanged from the June reading. The jobs-to-applicant ratio was 1.24, exceeding expectations for 1.23, which again would have been...
Consumer prices in the Tokyo region of Japan - considered a leading indicator for the nationwide trend - were up 2.5 percent on year in August, the Ministry of Internal Affairs and Communications said on Friday. That exceeded expectations for an increase of 2.3 percent and was up from 2.2 percent in July. Core CPI,...