PREVIOUS TRADING DAY EVENTS 07 July 2023 The Job report for Canada on Friday showed high figures, far more jobs than expected in June. The jobless rate rose to 5.4 from 5.2. Analysts are now expecting another Bank of Canada BoC interest rate hike next week, as more people searched for work, according to Fridays […]

Markets await U.S. CPI data on Wednesday COMEX gold speculators raise net long positions July 10 Reuters Gold prices were little changed on Monday after U.S. jobs data last week cast doubts over the labor market39;s strength, prompting investors to be more skeptical of the Federal Reserve39;s rate hike trajectory. Spot gold was steady at […]

MUMBAI, July 10 Reuters The Indian rupee managed to recover on Monday and far forward premium rose, tracking a fall in nearmaturity U.S. yields after data showed U.S. payrolls rose less than expected. The rupee was at 82.6150 to the U.S. dollar by 1114 a.m. IST, up from 82.74 in the previous session. The USDINR […]

SINGAPORE, July 10 Reuters The dollar clawed back its losses on Monday, recovering from a kneejerk reaction to data showing U.S. job gains were the smallest in twoandahalf years, while disappointing inflation figures in China weighed on the yuan and proxies. Nonfarm payrolls increased 209,000 in June, figures released on Friday showed, missing market expectations for the […]

JOHANNESBURG, July 10 Reuters The South African rand drifted lower against the dollar in early trade on Monday, at the start of a week in which local manufacturing and mining data will be released. Analysts cited U.S. consumer inflation data on Wednesday as potentially a crucial driver for the rand. From a multidayweek perspective, the […]

July 10 Reuters European shares slipped on Monday after logging big weekly losses as weak inflation numbers from China stoked concerns about sluggish demand, while investors awaited U.S. inflation data as well as corporate earnings due later this week. The panEuropean STOXX 600 index dipped 0.3 by 0720 GMT, with Chinaexposed miners and automakers leading the losses. Asian […]

Water utility firms rise after Thames Water to receive 960 mln from investors Miners under pressure after weak China data BT Group down on CEO39;s plan to step down Real estate stocks fall on HSBC39;s bearish outlook on sector Both FTSE 100 and FTSE 250 add 0.1 July 10 Reuters UK39;s FTSE 100 edged higher […]

SHANGHAI, July 10 Reuters China39;s IPO applications slumped by a third in the first half of 2023, as earnings volatility, a slowing economy and tighter regulatory scrutiny deterred potential candidates. Chinese exchanges, which vet initial public offering IPO plans, accepted around 330 new applications during the period, down from more than 500 a year earlier, […]