Indian shares moved in a narrow range before ending on a flat note Thursday as trading resumed after a holiday for Christmas. The benchmark S&P/BSE Sensex ended little changed with a negative bias at 78,472.48, after having suffered its worst week in 30 months. The broader NSE Nifty index closed at 23,750.20, up 22.55 points,...
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended December 21st. The report said initial jobless claims slipped to 219,000, a decrease of 1,000 from the previous weeks unrevised level of 220,000. Economists had expected jobless claims to rise to 224,000....
Turkeys central bank lowered its key policy rate on Thursday, signaling a start to the easing cycle, after maintaining the key interest rate at a high level since the summer of 2023 amid the elevated inflationary pressures. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, or CBRT, headed by Governor...
The U.S. dollar climbed against its most major counterparts in the New York session on Thursday, as treasury yields rose amid uncertainty about the Federal Reserves interest rate path and U.S. President-elect Donald Trumps tariff threats. Markets focus on the likelihood of fewer rate cuts from the Fed. Trump administrations policies stoked concerns about inflation....
The U.S. dollar rose against its major counterparts in the New York session on Monday, after the passing of a crucial funding bill that helped avert a year-end government shutdown. The House and Senate passed stopgap spending legislation aimed to prevent a partial shutdown. The markets are scheduled to close earlier than usual for Christmas...
The Swiss market shrugged off a slightly weak start on Monday and kept moving higher as the session progressed and eventually closed on a strong note. The benchmark SMI, which edged down to 11,362.68 in early trades, closed up 103.36 points or 0.91% at 11,488.28, slightly off the days high of 11,497.71. The Swiss market...
The Composite Consumer Sentiment Index (CCSI) for December stood at 88.4, 12.3 points lower than that in November. Consumer sentiment regarding current living standards was 87, four points lower than in November. The outlook was 86, eight points lower than in the previous month. Consumer sentiment related to future household income was 94, six points...
Indian shares may move in a tight range on Tuesday ahead of a market holiday on Wednesday for Christmas. IT stocks could be in focus after a rally in some of the worlds largest technology companies, including Nvidia, Broadcom, Alphabet and Meta boosted U.S. benchmark indexes overnight. Foreign portfolio investors sold shares worth Rs. 168.71...
The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday. The Canadian dollar rose to more than a 4-1/2-month high of 0.8943 against the Australian dollar, from yesterdays closing value of 0.8955. Against the U.S. dollar, the loonie advanced to 1.4348 from yesterdays closing value of 1.4360. Against the euro and...
The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday, as the crude oil prices moved higher on expectations the Chinese government will announce additional stimulus revive growth in the worlds second largest economy. There is optimism over solid U.S. fuel demand after separate set of data released the previous day...