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U.S. Dollar Edges Higher Amid U.S. Jobs Data Release While U.S.-Iran Deal Delays
The U.S. Dollar value moves higher as investors await the details on a final deal between the U.S. and Iran while fresh attacks by Houthis on Saudi Arabian vessels in the Red Sea renewed supply disruption concerns. In addition, weekly unemployment claims data hinted at a brisk labor market.
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34 days ago
Swiss Market Pares Early Gains, Ends Slightly Weak
Despite spending much of the day's trading in positive territory, the Switzerland stock market ended modestly lower on Thursday due to selling at a few counters in the final hour.
In addition to digesting corporate earnings updates, investors also followed the developments on the geopolitical front.
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34 days ago
European Equities Finish Mixed On Earnings, Geopolitical Factors
European stocks ended Thursday with mixed results as investors weighed corporate earnings announcements and economic data alongside Middle East developments. The Stoxx 600 rose 0.16%, though regional indices diverged. Oil prices climbed on reports of Red Sea tanker attacks.
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34 days ago
Canadian Market Turns Slightly Weak As Investors React To Earnings
The Canadian market drifted lower Thursday morning with stocks turning in a mixed performance amid a slew of earnings updates, and some concerns about the situation in the Middle East.
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34 days ago
U.S. Wholesale Inventories Rise Slightly Less Than Expected In June
A report released by the Commerce Department on Thursday showed wholesale inventories in the U.S. increased by slightly less than expected in the month of June. The Commerce Department said wholesale inventories rose by 0.2 percent in June after climbing by 0.3 percent in May. Economists had expected wholesale inventories to increase by another 0.3 percent.
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34 days ago
U.S. Labor Productivity Jumps Much More Than Expected In Q2
The Labor Department released a report on Thursday showing labor productivity in the U.S. increased by much more than expected in the second quarter of 2026. The report said labor productivity shot up by 1.4 percent in the second quarter after climbing by an upwardly revised 0.8 percent in the first quarter. Economists had expected labor productivity to rise by 0.7 percent.
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34 days ago
U.S. Jobless Claims Inch Up Less Than Expected To 199,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits crept slightly higher in the week ended August 1st. The Labor Department said initial jobless claims inched up to 199,000, an increase of 1,000 from the previous week's revised level of 198,000. Economists had expected jobless claims to rise to 202,000.
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34 days ago
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ConocoPhillips Q2 Results Climb On Higher Prices; Names New CEO, CFO
Energy major ConocoPhillips reported Thursday higher profit and revenues in its second quarter, primarily due to higher prices, despite weak production. Further, the firm issued third-quarter production view, and backed fiscal 2026 outlook. Separately, the Houston-based oil and gas producer announced the appointment of current Chief Financial Officer Andy O'Brien as its next President and CEO.
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34 days ago
Canadian Dollar Rises As Markets Watch Hormuz Negotiations
The Canadian dollar strengthened against other major currencies in the European session on Thursday, as investors awaited further clarity on the progress of U.S.-Iran talks to reopen the Strait of Hormuz, a critical waterway for energy supplies.
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34 days ago
Canadian Stocks Aim For Gains As Earnings Season Heats Up
Strong earnings reports expected to support Canadian equities Thursday. Curaleaf returns to profitability with $12.5 mln net income; Keyera EPS nearly doubles. S&P/TSX closed at 36,146.42 Wednesday. PMI data and additional earnings announcements due throughout trading day.
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34 days ago
German Factory Orders Growth Beats Expectations
Germany's factory orders logged a stronger-than-expected growth in June but the expansion was driven by large scale orders, data from Destatis revealed Thursday. Factory orders increased 3.1 percent on a monthly basis in June, faster than economists' forecast of 0.5 percent. However, the monthly increase for May was revised down sharply to 0.3 percent from 1.9 percent.
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34 days ago
U.S. Weekly Jobless Claims Inch Up Less Than Expected
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits crept slightly higher in the week ended August 1st.
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34 days ago
Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the European session on Thursday.
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34 days ago
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