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Canadian Market Recovers From Early Setback; Middle East Tensions Weigh
After a sharp early setback, the Canadian market recovered and briefly moved into positive territory Thursday morning, thanks to some strong buying in a few top stocks in consumer, energy and utilities sectors.
The mood in the market is quite cautious amid uncertainty about the status of U.S.-Iran peace talks.
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169 days ago
U.S. Weekly Jobless Claims Increase In Line With Estimates
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended March 21st. The Labor Department said initial jobless claims rose to 210,000, an increase of 5,000 from the previous week's unrevised level of 205,000. The uptick came in line with economist estimates.
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169 days ago
U.S. Weekly Jobless Claims Rise To 210,000
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended March 21st.
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169 days ago
Bay Street Seen Opening On Negative Note
Canadian stocks are likely to open on a negative note on Thursday, tracking weak global cues amid uncertainty about the status of U.S.-Iran peace talks.
Concerns about inflation due to higher oil prices and possibility of interest rate hikes by central banks sometime in the foreseeable future are likely to weigh as well on sentiment.
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169 days ago
U.S. Dollar Rises On Iran Peace Deal Uncertainty
The U.S. dollar strengthened against other major currencies in the European session on Thursday, as investor sentiment slashed amid uncertainty lingered on the status of Middle East peace talks.
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169 days ago
FTSE 100 Slips 1.3%; Miners Lose Ground
The UK stock market opened on a weak note Thursday morning and continued to struggle for support with investors staying cautious amid uncertainty about the status of U.S.-Iran peace talks.
Shares from banking and mining sectors declined sharply.
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169 days ago
CAC 40 Drifts Lower On Iran Peace Deal Uncertainty
French stocks drifted lower on Thursday amid lingering uncertainty about a peace deal between the U.S.-Iran, following Iran dismissing an American plan to pause the war.
Higher oil prices, concerns about inflation and possible rate hikes by the European Central Bank also weighed on sentiment.
RTTNews
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169 days ago
more news
DAX Notably Lower Amid U.S.-Iran Peace Talks Uncertainty, Rate Hike Fears
German stocks fell sharply on Thursday amid rising uncertainty about the status of Middle East peace talks, following Iran dismissing the U.S. plan to pause the war, and saying that an end to the conflict will only occur on Tehran's own terms and timeline.
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169 days ago
Norway Central Bank Holds Key Rate; Signals Rate Hike
Norway's central bank left its benchmark interest rate unchanged on Thursday but signaled future hike to tackle rising inflation fueled by the Middle East conflict. The Monetary and Financial Stability Committee of Norges Bank decided to hold the policy rate at 4.00 percent. The bank had reduced the rate by 25 basis points each in September and June.
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169 days ago
European Shares Retreat On Rate-hike Jitters
European stocks declined on Thursday as uncertainty lingered on the status of Middle East peace talks.
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169 days ago
Asian Shares Mostly Lower As Uncertainty Over Iran Talks Persists
Asian stocks gave up early gains to end mostly lower on Thursday after two consecutive days of advances on hopes for a de-escalation in the U.S.-Iran conflict.
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169 days ago
German Consumer Sentiment To Slide Amid Iran Conflict
German consumer sentiment is set to deteriorate in April due to economic concerns over the war in Iran, survey results published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Thursday. The forward-looking consumer sentiment index fell to -28.0 in April from -24.8 in the previous month. The score was forecast to fall moderately to -27.3.
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169 days ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the pre-European session on Thursday.
RTTNews
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170 days ago
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