Oil Set For Weekly Gain With Focus On Mideast Supply Risks

U.S. Dollar Advances As Concerns Of Rate Hike Due To Possible Higher Inflation Increase

The U.S. Dollar value edged higher on Friday as crude oil prices continued to surge for the second day supported by concerns of a potential U.S.-Iran war. Oil-driven inflation worries have led to expectations of an interest rate hike in the U.S.

RTTNews | 11 jam 30 menit yang lalu

Canadian Market Remains Weak Despite Coming Off Early Lows

The Canadian stock market's benchmark S&P/TSX Composite Index remains firmly down in negative territory Friday afternoon despite regaining a significant portion of the ground it lost in early trades. Concerns about inflation and prospects of interest rate hikes amid elevated oil prices following the latest Houthi attacks on Saudi targets weigh on sentiment.

RTTNews | 13 jam 46 menit yang lalu

Swiss Market Ends Moderately Lower

After edging up a bit at the start, the Swiss market retreated and stayed in negative territory throughout the session on Friday. Worries about inflation and possible monetary tightening by several global central banks rendered the mood cautious.

RTTNews | 14 jam 16 menit yang lalu

European Stocks Close Lower On Earnings, Weak Economic Data

The major European markets closed lower on Friday as largely weak regional PMI data, and concerns about inflation and monetary tightening amid continued rise in oil prices hurt sentiment. France's debt woes and uncertainty about returns on AI-related investments weighed as well.

RTTNews | 14 jam 38 menit yang lalu

U.S. Consumer Sentiment Deteriorates Far Less Than Previously Estimated In October

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by far less than previously estimated in the month of October. The report said the University of Michigan's consumer sentiment index for October was upwardly revised to 48.0 from a preliminary reading of 46.3.

RTTNews | 17 jam 42 menit yang lalu

Bay Street Look Headed For Weak Start

Canadian stocks are likely to open on a weak note on Friday amid concerns about inflation and prospects of interest rate hikes by the Canadian and U.S. central banks. Oil prices are up sharply, while precious metals are notably lower. Canadian retail sales data, and quarterly earnings updates, as well as U.S. PMI reports are set to make a notable impact on price movements.

RTTNews | 20 jam 0 menit yang lalu

Eurozone Private Sector Growth At 4-Month Low

The euro area private sector softened to a four-month low in October as activity in France shifted back into contraction amid tightening financial conditions and rising political pressures, flash purchasing managers' survey data from S&P Global revealed Friday. The composite output index fell to 51.9 in October from 53.1 in the previous month, falling below the economist forecast of 52.7.

RTTNews | 20 jam 18 menit yang lalu

FTSE 100 Falls 0.5% On Weak Retail Sales, Consumer Confidence Data

The FTSE 100 declined 52.73 points to 10,672.32 Friday as weak retail sales, declining consumer confidence, and Middle East tensions offset private sector expansion. Retail sales fell 0.4% in September versus forecasts of 0.1%, while consumer sentiment hit its sharpest pandemic-era drop.

RTTNews | 20 jam 21 menit yang lalu

EURUSD	1.1202	GBPUSD	1.3372
USDJPY	156.819	USDCAD	1.39976