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China Services PMI Data Due On Friday
China will on Friday see June results for the services PMI from Caixin, highlighting a light day for Asia-Pacific economic activity. The PMI is expected to see a score of 53.0, down from 54.4 in May.
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70 days ago
U.S. Dollar Slides After Weaker-Than-Expected Jobs Data Release
The U.S. Dollar value edged lower after analysts trimmed their expectations of any near-term interest rate hike by the U.S. Federal Reserve while the U.S. nonfarm payrolls data release today indicated a cooling labor market.
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70 days ago
Swiss Market Ends On Strong Note
The Switzerland market closed on a firm note on Thursday, in line with other markets in Europe, as easing concerns about inflation and rate hikes and possibility of a U.S.-Iran peace deal aided sentiment.
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70 days ago
European Markets Close On Strong Note
Most of the stock markets across Europe closed on a strong note on Thursday, led by gains in pharmaceuticals, defensive sectors. Easing concerns about inflation and interest rates, as well as a new reform package from the German government and some encouraging corporate news contributed to the positive mood in the markets.
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70 days ago
Canadian Market Turns Weak, Down Marginally In Cautious Trade
The Canadian market drifted down into negative territory around early afternoon on Thursday, after staying modestly above the flat line earlier thanks to strong gains in materials, real estate and select technology stocks.
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70 days ago
U.S. Factory Orders Pull Back Less Than Expected In May
Reflecting a sharp pullback in new orders for durable goods, the Commerce Department released a report on Thursday showing a steep drop in new orders for U.S. manufactured goods in the month of May. The Commerce Department said factory orders slumped by 1.3 percent in May after spiking by an upwardly revised 5.3 percent in April.
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70 days ago
U.S. Jobless Claims Unexpectedly Edge Down To 215,000
First-time claims for U.S. unemployment benefits unexpectedly edged modestly lower in the week ended June 27th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 215,000, a decrease of 1,000 from the previous week's revised level of 216,000.
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70 days ago
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U.S. Job Growth Misses Estimates In June But Unemployment Rate Edges Lower
The Labor Department released a report on Thursday showing employment in the U.S. increased by much less than expected in the month of June. The report said non-farm payroll employment rose by 57,000 jobs in June after jumping by 129,000 jobs in May. Economists had expected employment to climb by 114,000 jobs compared to the addition of 172,000 jobs originally reported for the previous month.
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70 days ago
U.S. Weekly Jobless Claims Unexpectedly Edge Down Slightly
First-time claims for U.S. unemployment benefits unexpectedly edged modestly lower in the week ended June 27th, according to a report released by the Labor Department on Thursday.
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70 days ago
Bay Street Likely To Open Higher
The Canadian stock market is likely to open marginally higher on Thursday amid easing concerns about inflation and interest rates. U.S. jobs data is likely to make an impact on the mood.
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70 days ago
U.S. Employment Rises Much Less Than Expected In June
The Labor Department released a report on Thursday showing employment in the U.S. increased by much less than expected in the month of June.
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70 days ago
Yen Rises Amid Intervention Risks
The Japanese yen strengthened against other major currencies in the European session on Thursday, due to rising investor expectations of government intervention.
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70 days ago
FTSE 100 Moves Higher; Pharma Stocks Gain
The UK stock market's benchmark index FTSE 100 climbed higher after a flat start Thursday morning, led by gains in pharmaceuticals and consumer sectors.
Easing concerns about inflation and interest rates contributed to the positive mood in the market. Investors awaited crucial U.S. non-farm payrolls data due later in the day.
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70 days ago
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