(MENAFN) As investors absorbed the country’s recent released personal income and outlays data, U.S. stocks opened mixed Friday, which is the last trading day of the third quarter. In line with market estimates, U.S. personal income increased 28.6 billion U.S. dollars or 0.2 percent in August, according to the commerce Department. On the other hand, U.S. disposable personal income increased ...
Read More »Economic Data
Global financial institutions upgrade China’s economic growth forecasts
A bullet train drives in Qinzhou City, south China’s Guangxi Zhuang Autonomous Region, Aug. 1, 2016. China has built one of the world’s most extensive high-speed rail networks in just a few years. It has the world’s longest high-speed rail network, 22,000 km as of the end of 2016, or 60 percent of the world’s total, and the mileage will ...
Read More »Johnson, Factory Data Could Preside Over Pound’s Fate This Week
Sterling pared its biggest monthly gain in at least two years on Friday as disappointing economic numbers exacerbated uncertainty surrounding the Brexit talks. With the ruling Conservative Party’s annual conference starting Sunday, and a host of reports including sentiment surveys for the construction and services industries through the week, the pound could be pulled in conflicting directions, according to strategists.
Read More »Asian shares advance on strong factory data for China, Japan | News 1110am 99.3fm WBT
TOKYO (AP) — Shares in Asia are higher after China and Japan reported stronger than expected factory data. Many markets in the region were closed Monday for national holidays. KEEPING SCORE: Japan’s Nikkei 225 stock index rose 0.1 percent to 20,376.90 and the S&P ASX/200 jumped 1.1 percent to 5,743.40. Shares in Singapore and Taiwan also gained. Markets in Hong ...
Read More »Asian shares advance on strong factory data for China, Japan
TOKYO (AP) — Shares in Asia are higher after China and Japan reported stronger than expected factory data. Many markets in the region were closed Monday for national holidays. KEEPING SCORE: Japan’s Nikkei 225 stock index rose 0.1 percent to 20,376.90 and the S&P ASX/200 jumped 1.1 percent to 5,743.40. Shares in Singapore and Taiwan also gained. Markets in Hong ...
Read More »Euro ruffled by Spanish vote; Asia data encourages equities
SYDNEY (Reuters) – The euro took a knock in Asia on Monday as investors kept an anxious eye on an independence vote in Spain’s Catalonia, although surprisingly strong economic news out of China and Japan offered support to equities and commodities. The euro fell 0.3 percent after the violence-marred vote to trade at $1.1773, with liquidity lacking given holidays in ...
Read More »Euro jolted briefly by Spanish vote, Asia data augur well, Banking & Finance
Mon, Oct 02, 2017 – 9:04 AM [SYDNEY] The euro took a brief knock in Asia on Monday as investors kept an anxious eye on an independence vote in Spain’s Catalonia, although surprisingly strong economic news out of China and Japan offered support to equities and commodities. The euro fell around a third of a US cent after the violence-marred ...
Read More »Provo ranks No. 1 in 2016 economic growth among top 100 metros | Provo News
A study by the U.S. Census Bureau shows the Provo/Orem metro area as the seventh fastest-growing area in the United States. Now the Bureau of Economic Analysis is reporting the Provo metropolitan economy grew faster than any of the other top 100 metro economies in 2016, according to an analysis of recently released economic data. Be it people or product, ...
Read More »Euro wobbles briefly on Spanish vote, China data a boon
SYDNEY (Oct 2): The euro took a brief knock in Asia on Monday as investors kept an anxious eye on an independence vote in Spain’s Catalonia, although surprisingly strong economic news out of China offered support to equities and commodities. The euro fell around a third of a U.S. cent after the violence-marred vote to as low as $1.1776 in ...
Read More »Keep an eye on the RBA – The Experts
Keep an eye on the RBA By Shane Oliver Investment markets and key developments over the past week Global share markets pushed higher over the last week as solid economic data and ongoing talk of US tax reform more than offset continuing North Korea worries. US shares rose 0.7%, Eurozone shares gained 1.3% and Japanese shares rose ...
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