The US Dollar (USD) is rising against international peers on Friday after it was reported that a new stimulus package could not be in the making as previously expected. The Dollar Index (DXY) is up by 0.27% at 90.06. The index has been moving in the positive territory in a …

European stocks closed Friday lower on the negative tone recently expressed by the United Kingdom (UK) and the European Union (EU) regarding trade talks for the post-Brexit stage. The STOXX Europe 600 index finished lower by 0.3%, with the retail sector leading the losses. The UK’s FTSE100 also settled lower …

It is now very likely that a no deal Brexit will be completed by the end of the year, a spokesman for the British Prime Minister Boris Johnson said on Thursday. Talks are in a serious situation and there is no room for an agreement unless the European Union (EU) …

Wall Street opened Friday lower, after a record-breaking session yesterday, amid decreased hopes for a new stimulus package. The Dow Jones Industrial Average is currently down by 74 points, or 0.24%, at 30,229.29 points. The S&P 500 declined by 11.22, or 0.30%, to reach 3,711.26 points. Meanwhile, the Nasdaq  Composite …

Retail sales in Canada continued to grow during October and rose by 0.4%, data by Statistics Canada showed on Friday. The total value of retail sales increased to $54.6 billion. This is the sixth consecutive monthly rise for Canadian retail sales, after recording an unprecedented decline in April due to …

The New York Stock Exchange (NYSE) closed Thursday at new record highs, supported by hopes for a new stimulus package in the United States, with Wall Street maintaining an upbeat sentiment on vaccine rollout. This comes following the last Federal Reserve meeting of the year, in which the American central …

Oil prices finished higher on Thursday, maintaining their best level in about nine months, supported by positive news about the rollout of Coronavirus vaccines. Today marked the fourth consecutive daily gain for crude futures, amid anticipation for a new stimulus package in the United States. Brent crude futures for February …

Gold prices rose on Thursday, amid a strong decline by the US Dollar (USD) after the release of the Federal Reserve policy statement, which vowed to continue easing the monetary policy. Gold futures for February delivery added $31.30, or 1.7%, to close at $1,890.40 per ounce. The yellow metal futures …

European stocks closed higher on Thursday, one day after the United States Federal Reserve vowed to maintain its policy in support of the economy in the face of the Coronavirus crisis. The pan-European STOXX 600 index finished higher by 0.4%, supported by a strong performance by the majority of market …

Employment in Canada increased by 40,800 jobs in November up from its level in October, as shown by the November ADP Canada National Employment Report on Thursday.