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U.S. Services Index Unexpectedly Climbs To Highest Level In Over A Year In December
The Institute for Supply Management released a report on Wednesday showing an unexpected increase by its reading on U.S. service sector activity in the month of December. The ISM said its services PMI climbed to 54.4 in December from 52.6 in November, with a reading above 50 indicating growth. Economists had expected the index to edge down to 52.3.
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249 days ago
U.S. Job Openings Drop To Lowest Level In Over A Year In November
A report released by the Labor Department on Wednesday showed job openings in the U.S. fell by more than expected in the month of November.
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249 days ago
Eurozone Inflation Lowest In 4 Months In December
Euro area consumer price inflation eased to its lowest level in four months in December amid a bigger decline in energy prices and a modest slowing in services cost growth, preliminary data from the statistical office Eurostat showed on Wednesday.
The consumer price index rose 2.0 percent year-on-year following an increase of 2.1 percent in each of the previous two months.
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249 days ago
U.S. Services PMI Unexpectedly Climbs To 54.4 In December
The Institute for Supply Management released a report on Wednesday showing an unexpected increase by its reading on U.S. service sector activity in the month of December.
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249 days ago
U.S. Private Sector Employment Rises Slightly Less Than Expected In December
Private sector employment in the U.S. increased by slightly less than expected in the month of December, according to a report released by payroll processor ADP on Wednesday.
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249 days ago
Bay Street Seen Opening On Slightly Negative Note
Canadian shares are likely to open on a negative note on Wednesday, tracking weak crude oil and precious metals prices. The mood is likely to remain cautious amid concerns over geopolitical tensions.
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249 days ago
Yen Rises Amid Rising BoJ Rate Hike Bets
The Japanese yen strengthened against other major currencies in the early European session on Wednesday, due to growing geopolitical tensions and hawkish Bank of Japan or BoJ interest rate hike bets.
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249 days ago
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German Unemployment Rate Unchanged At 6.3%
Germany's unemployment rate remained unchanged at the end of the year but the actual jobless numbers increased as economic activity remains weak. The unemployment rate held steady at 6.3 percent, as expected, in December, figures from the Federal Employment Agency showed on Wednesday.
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249 days ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the early European session on Wednesday.
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249 days ago
FTSE 100 Shed 0.6% As Resources, Bank Stocks Fall
U.K. stock market's benchmark FTSE 100 drifted lower Wednesday morning, weighed down by losses in energy and mining stocks due to a drop in commodity prices. Pharmaceuticals and bank stocks also declined sharply.
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249 days ago
Canadian Dollar Falls As Oil Prices Traded Lower
The Canadian dollar weakened against other major currencies in the Asian session on Wednesday, as the crude oil prices traded lower after the United States and Venezuela reached an agreement allowing the export of up to $2 billion worth of Venezuelan crude oil to U.S. ports.
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249 days ago
Canadian Dollar Falls Against Majors
The Canadian dollar weakened against other major currencies in the Asian session on Wednesday.
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249 days ago
French Stocks Turning In Mixed Performance
French stocks are turning in a mixed performance on Wednesday with investors digesting the latest batch of economic data from the region, and looking ahead to some crucial reports from the U.S., in addition to following the developments on the geopolitical front.
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249 days ago
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