Wall Street posts modest weekly gains with debt cap, key economic data at a glance
U.S. equities posted modest gains over the past week as investors pored over updates on the debt ceiling deadlock in Washington, while digesting a slew of key economic readings. For the week ending Friday, the Dow Jones rose 1.2%, while the technology-rich S&P 500 and Nasdaq Composite climbed 0.8% and 0.1%, respectively. The S&P US …
Xinhua’s Global Economic News Summary at 11:00 GMT, Oct. 9
WASHINGTON – The Executive Board of the International Monetary Fund (IMF) has approved a fourth tranche of debt service relief for 24 eligible low-income countries to help them fight the COVID-19 pandemic, announced Friday the IMF. “The Board of Directors also approved the inclusion of the Kyrgyz Republic and Lesotho among the beneficiary countries, allowing …
German trade data ends bad week on economic data front
This morning was another quiet start to the day on the eurozone economic calendar. Key statistics included trade data from Germany. German economy In August, Germany’s trade surplus fell from 17.7 billion euros to 13.0 billion euros. Economists were forecasting a shrinkage to 15.8 billion euros. According to Destatis, German exports fell 1.2%, while imports …
German trade data ends bad week on economic data front
This morning was another quiet start to the day on the eurozone economic calendar. Key statistics included trade data from Germany. German economy In August, Germany’s trade surplus fell from 17.7 billion euros to 13.0 billion euros. Economists were forecasting a shrinkage to 15.8 billion euros. According to Destatis, German exports fell 1.2%, while imports …
Economic data highlights euro, loonie and greenback
Early in the day: The start of the day on the economic calendar was particularly calm this morning. There were no major statistics for the early morning markets to take into account. Major As of this writing, the Japanese yen was down 0.03% to 111.440 yen against the US dollar, while the Australian dollar was …
Economic data highlights euro, loonie and greenback
Early in the day: The start of the day on the economic calendar was particularly calm this morning. There were no major statistics for the early morning markets to take into account. Major As of this writing, the Japanese yen was down 0.03% to 111.440 yen against the US dollar, while the Australian dollar was …
US stocks rise amid economic data
NEW YORK, Oct.6 (Xinhua) – US stocks reversed earlier losses to end higher on Wednesday as investors digested a wealth of economic data. The Dow Jones Industrial Average rose 102.32 points, or 0.30%, to close at 34,416.99. The S&P 500 rose 17.83 points, or 0.41%, to 4,363.55. The Nasdaq Composite Index rose 68.08 points, or …
Economic data highlights euro and greenback, with US jobs data key
Early in the day: The start of the economic calendar day was relatively calm this morning. There were no major statistics for the early morning markets to take into account. Although there were no stats, the RBNZ were in action at the start of the Asian session. For the Kiwi Dollar The RBNZ raised the …
European stock markets end in the green after the publication of economic data
European stocks closed higher on Tuesday after the release of economic data from across the continent. Stoxx Europe closed up 1.2% and UK FTSE 100 rose 0.9%. The German DAX closed 1.1% higher, the French CAC rose 1.5%, while the Swiss market index was slightly higher. The UK’s final services PMI rose to 55.4 in …
Ringgit ends lower against the greenback ahead of US economic data | Money
At 6 p.m., the local rating fell to 4.1785 / 1795 against the greenback since Monday’s close of 4.1730 / 1760. – Photo by Bernama KUALA LUMPUR, October 5 – The ringgit closed lower against the US dollar today as the greenback was supported by expected positive momentum from ISM Manufacturing Purchasing Managers Index data …