Berita Valas
India Industrial Production Growth Slows In August
India's industrial output growth eased slightly in August after a spike in July, and growth was led by a strong performance in the mining sector and production of infrastructure goods, preliminary data from the statistical ministry showed on Monday.
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353 days ago
U.S. Pending Home Sales Surge Much More Than Expected In August
Pending home sales in the U.S. soared by far more than expected in the month of August, the National Association of Realtors revealed in a report released on Monday. NAR said its pending home sales index spiked by 4.0 percent to 74.7 in August after falling by 0.3 percent to a revised 71.8 in July. Economists had expected pending home sales to rise by 0.3 percent.
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353 days ago
Bay Street May Open On Mixed Note; Materials Stocks Likely To Move Higher
Canadian shares are likely to open on a mixed note on Monday, tracking commodity prices. Concerns over a possible U.S. government shutdown could weigh on sentiment.
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353 days ago
Data Bolsters Dollar
The U.S. dollar ended up higher against major currencies during the week ended September 26 amidst stronger-than-expected updates on the U.S. economy that softened rate cut expectations from the Fed.
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353 days ago
FTSE 100 Up Nearly 0.5%; Pharma, Mining Stocks Rise
The U.K. market is up firmly in positive territory on Monday, supported by gains in pharma and mining stocks. Despite concerns of a looming U.S. government shutdown, the undertone in the UK market remains firm.
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353 days ago
UK Mortgage Approvals Decline; Consumer Credit Remains Unchanged
UK mortgage approvals declined in August ahead of the autumn budget and consumer credit remained flat, official data showed Monday. The number of mortgage approvals, which is an indicator of future borrowing, fell by 500 to 64,700 in August, the Bank of England reported. This was also below the expected level of 65,000.
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353 days ago
Eurozone Economic Sentiment Rises In September
Eurozone economic confidence improved moderately in September due to the rise in consumer confidence, monthly survey data from European Commission revealed on Monday.
The economic sentiment index rose to 95.5 in September from 95.3 in the previous month. The reading was expected to drop to 95.2. All sub-indices of economic sentiment deteriorated in September except consumer confidence.
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353 days ago
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CAC 40 Flat In Lackluster Trade
French stocks are turning in a mixed performance in lackluster trade on Monday amid a lack of triggers. Investors are mostly cautious, looking ahead to some crucial economic data later in the week.
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353 days ago
U.S. Dollar Slides Amid Federal Government Shutdown Risks
The U.S. dollar weakened against other major currencies in the European session on Monday amid concerns of a looming U.S. government shutdown.
U.S. Democrats and Republicans will meet today at the White House in hopes of hammering out a compromise extension to avert a government shutdown that could come at 12:01 a.m. Wednesday.
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353 days ago
DAX Edges Higher In Cautious Trade
Despite concerns over a potential U.S. government shutdown, German stocks are up firmly in positive territory a little past noon on Monday, with stocks from healthcare and technology sectors finding fairly good support.
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353 days ago
Sensex, Nifty Give Up Early Gains
Indian shares gave up early gains to end marginally lower on Monday as caution set in ahead of RBI's upcoming MPC meet.
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353 days ago
European Shares Edge Higher In Cautious Trade
European stocks were slightly higher on Monday despite concerns of a looming U.S. government shutdown.
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353 days ago
Asian Shares Rise On Fed Rate Cut Hopes; Solid China Data
Asian stocks rose broadly on Monday as in-line U.S. inflation data reinforced Fed rate cut hopes and a rebound in Chinese industrial profits suggested the world's second-largest economy is stabilizing amid robust policy measures.
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353 days ago
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