Higher Canadian and U.S. futures, and firm crude oil prices point to a positive start on Bay Street on Thursday. The focus will be on earnings, and Fed Chair Jerome Powells speech, as well as on U.S. producer price inflation data. Keyera Corporation (KEY.TO) reported net earnings of $184.6 million for the quarter ended September...
The euro area economy expanded as initially estimated in the third quarter and employment growth showed an improvement, data from Eurostat showed on Thursday. Gross domestic product climbed 0.4 percent sequentially, which was double the 0.2 percent expansion seen in the second quarter, flash estimate showed. On a yearly basis, economic growth increased to 0.9...
Shares of Siemens AG were gaining around 6 percent in the morning trading on Germanys XETRA after the conglomerate on Thursday issued positive revenue outlook for fiscal 2025, after reporting higher profit and orders in its fourth quarter. Further, Siemens President and CEO Roland Busch reportedly announced potential cut of up to 5,000 jobs worldwide...
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended November 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 217,000, a decrease of 4,000 from the previous weeks unrevised level of 221,000. Economists had expected jobless claims to inch up...
After yesterdays consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday showing producer prices in the U.S. also increased in line with economist estimates in the month of October. The Labor Department said its producer price index for final demand rose by 0.2 percent in October following a revised...
After yesterdays consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday showing producer prices in the U.S. also increased in line with economist estimates in the month of October. The Labor Department said its producer price index for final demand rose by 0.2 percent in October following a revised...
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended November 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 217,000, a decrease of 4,000 from the previous weeks unrevised level of 221,000. Economists had expected jobless claims to inch up...
The U.S. dollar pulled back against its most major counterparts in the New York session on Thursday. The greenback retreated to 1.0576 against the euro, 1.2711 against the pound and 0.8869 against the franc, from an early more than 1-year high of 1.0495, more than 4-month high of 1.2629 and near a 4-month high of...
The manufacturing sector in New Zealand continued to contract in October, and at a faster pace, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI score of 45.8. Thats down from the upwardly revised 47/0 in September (originally 46.9) and it moves further beneath the boom-or-bust line of 50 that separates expansion...
Japan will on Friday release preliminary Q3 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to add 0.2 percent on quarter and 2.5 percent on year after rising 0.7 percent on quarter and 2.9 percent on year in the three months prior. South Korea will provide October...