The dollar held steady against a basket of major currencies on Friday as investors waited for the U.S. government's monthly employment report to offer clues to the potential pace of tightening in U.S. monetary policy.
Canada's economy added far more jobs than expected in November, more than erasing the losses in October and suggesting a recovery is in the making.
Korean Air (003490.KS) said on Friday it would purchase five Boeing (BA.N) 747-8 Intercontinental jetliners worth $1.5 billion at list prices in a potentially key deal for the successor to the jumbo jet.
European shares fell for a second straight session on Friday, led down by weak financial stocks, with trading volumes low as investors remained cautious ahead of keenly watched U.S. payrolls data later in the session.
Caution ahead of a key jobs report from the United States weighed on banks and other cyclical stocks, pushing Britain's FTSE 100 .FTSE share index 0.5 percent lower by midsession on Friday.
U.S. stock index futures were slightly higher on Friday ahead of the key monthly jobs report for November.
The dollar held steady against a basket of major currencies on Friday as investors waited for the U.S. government's monthly employment report to offer clues to the potential pace of tightening in U.S. monetary policy.
Caution ahead of a key jobs report from the United States weighed on banks and other cyclical stocks, pushing Britain's FTSE 100.FTSE share index 0.5 percent lower by midsession on Friday.
Oil prices fell for a third consecutive day on Friday, to below $76 a barrel, under pressure from high levels of inventories and nervousness ahead of the latest employment data from the world's top energy consumer, the United States.
Gold eased back toward $1,200 an ounce in Europe on Friday as a slight recovery in the dollar prompted traders to cash in gains after the previous day's run-up to record highs.
The Aussie gained ground ahead of yesterdays Australian Retail Sales data release pressing against 0.9290 only moments before the announcement. With consumer spending during the month of October coming in right on markets expectations of a 0.3% increase the reaction was relatively subdued and the AUD continued to hover around this level. During Afternoon Asian trade however demand re-emerged to push it above the 93 cent mark with offshore markets continuing the theme. Resistance ahead of 0.9320 ...
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The dollar is slightly lower against the majors in the Thursday session, drifting past the 1.51-handle versus the euro and around 0.93 against the Australian dollar. Weekly jobless claims, released earlier today was slightly better than expected, drifting lower to 457k from 466k a week earlier and besting estimates for an increase to 480k.
The Aussie dollar bounced from an early morning dip to 0.9235 yesterday to trade within a whisker of the 93 cent handle overnight buoyed by gains in commodity and equity markets.
News, details on corporate bond issues in the European markets on Wednesday:
U.S. stock index futures were flat on Wednesday as investors awaited a private-sector employment report and the Federal Reserve's Beige Book of regional economic conditions.
Daimler (DAIGn.DE) will switch production of roughly a fifth of its Mercedes C-Class models to the United States from Germany in 2014 in a move to avoid damaging currency fluctuations and protect its margins.
The yen weakened broadly on Wednesday as traders took Japan's new monetary policy measures as a cue to sell, while mixed signals from stocks and commodities kept the dollar in check.
The euro is on the strong side against the dollar and could strengthen more because of carry trades and speculative play on its possible further rise, IMF European head Marek Belka said on Wednesday.
Britain's top share index shed 0.4 percent by midday on Wednesday, with falls by banks and oils offsetting gains by miners, Vodafone (VOD.L) and some defensives.
The yen weakened broadly on Wednesday as traders took Japan's new monetary policy measures unveiled the previous day as a cue to sell, while mixed signals from stocks and commodities kept the dollar in check.
Contagion from emerging markets Ukraine and Dubai, debt in the eurozone's weakest economies, British politics, climate talks in Copenhagen and tensions with Tehran could all affect Western European markets in December.
News, details on corporate bond issues in the European markets on Wednesday:
European equities edged lower on Wednesday after their biggest one-day gain in more than 4 months in the previous session, as a decline in banking stocks offset higher pharma and food shares.
The RBA increased interest rates by 0.25% for the third consecutive month taking the official cash rate to 3.75% in a move that surprised some sections of the market.
Markets stabilized further in the Tuesday session with the dollar sliding against the majors, while global equity bourses rallied and spot gold surged to a new record high above the $1,200 per ounce level. Tokyo's Nikkei index climbed by over 2.4% on Tuesday while Germany's DAX index rallied by nearly 2.7% and the Dow Jones improved by more than 1.5% by afternoon trading. Philadelphia Fed President Plosser delivered an optimistic assessment on the economy earlier, expressing his confidence that...
U.S. stocks were poised for a higher open on Tuesday as concerns over Dubai's debt problems eased and solid manufacturing data from China boosted sentiment as investors awaited a host of U.S. economic reports.
U.S. stock index futures rose on Tuesday as concerns over Dubai's debt problems eased and investors awaited a host of economic data, including pending home sales.
News, details on corporate bond issues in the European markets on Tuesday:
The yen fell broadly on Tuesday after the Bank of Japan announced more monetary policy easing measures to fight deflation and help the ailing economy, while holding interest rates at 0.1 percent.
