Economic Data

U.S. stocks open mixed amid economic data

(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 ...

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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.

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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 ...

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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 ...

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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 ...

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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 ...

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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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