European stocks opened the month of December with a positive performance on Tuesday, as the STOXX Europe 600 index gained 0.65% and finished at 391.90. In the UK, the main index of the London Stock Exchange (LSE), FTSE100, surged by 1.89%. In France, the CAC40 index gained 1.14%. Meanwhile, the …

Economic activity in the manufacturing sector in the United States expanded during November, with the overall economy notching a seventh consecutive month of growth, according to Tuesday’s data by ISM. The November Manufacturing Purchasing Managers’ Index (PMI) registered 57.5 percent, down 1.8% from the October reading of 59.3 percent. This …

Manufacturing activity in Canada maintained a good expansion pace last month, data showed on Tuesday. The headline seasonally adjusted IHS Markit Canada Manufacturing Purchasing Managers’ Index (PMI) registered 55.8 in November, up from 55.5 in October. The headline index has now posted above the 50.0 no-change threshold in each month …

The IHS Markit United States Manufacturing Purchasing Managers’ Index (PMI) showed during November the biggest improvement in operating conditions since September 2014. This comes as the seasonally adjusted IHS Markit final U.S. Manufacturing PMI posted 56.7 last month, up from 53.4 in October. It was also the seventh successive monthly …

Consumer confidence in the United Kingdom (UK) slightly rose during, data by YouGov showed on Tuesday, Reuters reported. This comes on the back of positive vaccine news. The YouGov index for consumer confidence in Britain increased to 102.3, up from 101.4 in the prior month.

The United Kingdom (UK) and the European Union (EU) have reportedly exchanged warnings on Monday that time is passing by without reaching a deal for the post-Brexit stage, as the transitional period expires by the end of the year, Reuters reported. Recent negotiations that tool place in London over the …

Oil prices closed lower on Monday, awaiting the OPEC+ decision regarding output cuts. A decision is expected on Tuesday, although it was reported that the meeting could be delayed to Thursday. Brent crude futures for February delivery declined by 37 cents, or 0.8%, and settled at $47.88 per barrel. Meanwhile, …

Gold prices fell on Monday, expanding its fourth consecutive monthly decline during November. The ending month saw a decreased demand for safe havens, especially the yellow metal, prompted by positive news about Coronavirus vaccines. Gold futures for February delivery declined by $7.20, or 0.4%, and closed at $1,780.90 per ounce, …

The President of the Federal Reserve Bank of Richmond, Thomas Barkin, spoke to reporters earlier today, before a speech to a virtual event. ‘’It’s hard to find a huge drop in the real-time data.”“I’m thinking about credit-card spending which I get to see every week. It really hasn’t taken a …

European stocks ended their best month on record, which began in 1986, supported by positive news about Coronavirus vaccine candidates. The aviation sector alone made gains of about 45% during the ending month. The STOXX Europe 600 index closed lower on Monday by 0.6%, but rose by more than 14% …