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U.S. Private Sector Adds 22,000 Jobs In January, Less Than Expected

Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by much less than expected in the month of January. ADP said private sector employment rose by 22,000 jobs in January after climbing by a downwardly revised 37,000 jobs in December.
RTTNews | 220 days ago
Rising Oil, Precious Metals Prices Point To Positive Start For Canadian Stocks

Rising Oil, Precious Metals Prices Point To Positive Start For Canadian Stocks

The Canadian market is likely to open higher on Wednesday as energy and materials stocks look headed for more upside, tracking higher oil and bullion prices. Tech stocks may face pressure with Anthropic's new legal tools for its Cowork product prompting investors worldwide to cut exposure to traditional IT services.
RTTNews | 220 days ago
Eurozone Inflation Falls Below 2% Target

Eurozone Inflation Falls Below 2% Target

Eurozone inflation fell below the 2 percent target in January on falling energy prices and a stronger euro, official data showed on Wednesday. The harmonized index of consumer prices rose 1.7 percent on a yearly basis in January, as expected, following December's 2.0 percent increase, flash data from Eurostat revealed.
RTTNews | 220 days ago
FTSE 100 Up Sharply On Fairly Widespread Buying

FTSE 100 Up Sharply On Fairly Widespread Buying

The UK market's equity index FTSE 100 moved up sharply Wednesday morning, lifted by strong gains in mining and energy stocks. Data showing notable jump in PMI readings contributed significantly to the positive mood in the market.
RTTNews | 220 days ago
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Eurozone Private Sector Growth Weakest In 4 Months

Eurozone Private Sector Growth Weakest In 4 Months

The euro area private sector logged its weakest growth in January due to the weakening of growth in services activity, final data from S&P Global showed on Wednesday. The final composite output index posted 51.3 in January, the lowest score since last September. The score remained below the initial estimate and the December's level of 51.5.
RTTNews | 220 days ago
DAX Recovers After Early Setback; Brenntag, Symrise Rise Sharply

DAX Recovers After Early Setback; Brenntag, Symrise Rise Sharply

German stocks turned in a mixed performance Wednesday morning with investors assessing the latest sect of economic data from the region, and earnings updates, while awaiting the monetary policy announcements from the European Central Bank and the Bank of England.
RTTNews | 220 days ago

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