Retail sales rose 5.5%, better than the 5.2% increase forecast in a Reuters’ poll, while industrial production increased 7%, compared with estimates of 5% growth.Fixed asset investment rose by 4.2%, […]
Category: Uncategorized
India to hold the world’s biggest election starting April in over a month-long exercise
The seven-stage election process will start from April 19 and last till June 1, 2024, according to the schedule announced by the Election Commission of India. The country has about […]
Calendar: Mar 18 – Mar 22
Monday March 18China retail sales, industrial production, and fixed asset investment dataEuro area consumer price index830 am ET: Canadian industrial product price and raw materials indexes for February.830 am ET: […]
At midday: Stocks slide as traders assess U.S. data (Mar 14)
Major North American stock indexes slipped on Thursday as hotter-than-expected producer prices data likely muddied bets around the timing of the Federal Reserve’s first rate cut and high-flying chip stocks […]
Canadian manufacturing sales rose 0.2% to $71.1-billion in January
Statistics Canada says manufacturing sales rose 0.2 per cent to $71.1-billion in January, led by strength in the motor vehicle and chemical subsectors.The federal agency says sales were up in […]
March 13: Oil prices up on strong U.S. demand, Fed signals in focus
Oil prices rose on Wednesday on expectations of strong global demand, including in the world’s top consumer the United States, and as even somewhat sticky U.S. inflation did not dent expectations the Fed might […]
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
Around 86% of listed companies around the world either increased dividends or maintained them at current levels in 2023, Janus Henderson said. Banks delivered record payouts as high interest rates […]
U.S. inflation up again in February in latest sign that price pressures remain elevated
Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for U.S. President Joe Biden’s re-election campaign, […]