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Australia Service Sector Slows In December - S&P Global
The service sector in Australia continued to expand in December, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 51.1.
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251 days ago
Japan Monetary Base Data Due On Tuesday
Japan will on Tuesday release December data for its monetary base, highlighting a light day for Asia-Pacific economic activity. The monetary base is expected to sink 8.0 percent on year after falling 8.7 percent in November.
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251 days ago
TSX Rises To New High; Materials Stocks Jump As Precious Metals Rally
The Canadian market is up firmly in positive territory Monday afternoon, led by strong gains in materials, real estate and financials sectors.
Materials stocks are up as precious metal prices soared on safe haven demand following the U.S. capturing Venezuelean leader Nicolás Maduro over the weekend.
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251 days ago
Swiss Market Ends Marginally Down
The Switzerland market settled marginally down on Monday after staying weak right through the day's trading, as investors, back to trading after New Year holidays, refrained from picking up stocks despite data showing an increase in retail sales for a third straight month.
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251 days ago
European Markets Close On Firm Note; Miners, Defense Stocks Rise Sharply
European markets closed on a firm note on Monday, lifted by gains in defense, technology and mining sectors.
Investors closely followed the developments on the geopolitical front amid U.S.- Venezuela tensions, and looked ahead to some crucial economic data, including U.S. non-farm payroll report and inflation readings due later in the week.
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251 days ago
U.S. Manufacturing Index Unexpectedly Edges Lower In December
A report released by the Institute for Supply Management on Monday showed its reading on U.S. manufacturing activity unexpectedly decreased in the month of December. The ISM said its manufacturing PMI edged down to 47.9 in December after slipping to 48.2 in November, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 48.3.
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251 days ago
Dollar Gains As Minutes Reveal Split FOMC Outlook
The U.S. Dollar gained against major currencies during the week ended January 2 as the minutes of the latest Federal Open Markets Committee revealed a Fed split over the interest rate strategy for 2026.
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251 days ago
more news
Bay Street Seen Opening On Firm Note On Rising Commodity Prices
Canadian shares look headed fora firm start Monday morning, tracking rising metal and oil prices. Geopolitical news remain in focus as well. With crucial economic data, including jobs data from Canada and the U.S. due this week, the mood may remain a bit cautious at times.
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251 days ago
FTSE 100 Trades Near Record Highs
The FTSE 100 benchmark of the London Stock Exchange is trading well above the flatline on Monday amidst a surge in defense stocks following the spike in geopolitical tensions between the U.S. and Venezuela.
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251 days ago
DAX Scales Fresh Peak
The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange recorded strong gains on Monday to touch an all-time high.
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251 days ago
UK Mortgage Approvals Fall
UK mortgage approvals decreased in November and consumer credit posted a faster growth, data from the Bank of England showed on Monday. Net mortgage approvals for house purchase, which is an indicator of future borrowing, fell 500 to 64,500 in November. Approvals were forecast to fall to 64,000. Meanwhile, approvals for remortgaging increased 3,200 to 36,600 in November.
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251 days ago
Indian Shares End Lower As Trump Threatens New Tariffs On Russian Oil
Indian shares ended a tad lower on Monday despite firm cues from global markets.
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251 days ago
European Shares Inch Higher As Defense Stocks Surge On Rising Geopolitical Tensions
European stocks traded higher on Monday amid optimism around economic growth and prospects of higher military spending in the region.
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251 days ago
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