Global Stock Market

The US Dollar Index extended above 105.000 but sharply retreated together with the Japanese Yen regrouping as yields dropped. The dollar rally remains largely intact, given accelerating concerns about a global recession, although data on Thursday was not positive and did very little to ease concerns about the US economy’s …

The lack of skilled workers costs Canada’s economy tens of billions of dollars every year. The current labour shortage has very negative impact on most Canadian companies. A recent survey by the Business Council of Canada indicates that more than 66% of companies have had to adjust timelines for projects …

Japanese shares fell more than 1.5 percent on Thursday after data showed that monthly industrial production posted its biggest drop in two years and the yen fell to a 24-year low overnight, stoking fears of an economic slowdown. The Japanese Nikkei index fell at a steady pace throughout the day …

The Dow Jones Industrial Average finished the day up 82.32 points, or 0.27%, to 31,029.31, while the other benchmarks closed slightly in the red. The S&P 500 slipped 0.07% to 3,818.83, and the tech-heavy Nasdaq Composite inched lower by 0.03% to 11,177.89.US equities fluctuated on Wednesday, after the major averages …

Wall Street trading got off to a mixed start on Wednesday as market participants digest remarks and comments by Fed Chair Jerome Powell at the European Central Bank forum.As of 1530 BST, the Dow Jones Industrial Average was up 0.42% at 31,077.05, while the S&P 500 traded 0.07% firmer at …

Japan’s Nikkei index ended a four-session rally on Wednesday, dragged down by major technology stocks, after Wall Street fell sharply overnight on fears of an economic slowdown. The Nikkei index closed down 0.91 percent at 2,6804.60 points. The broader Topix index fell 0.72 percent to 1,893.57 points. Wall Street’s main …

Nike said revenue dipped 1 per cent to $12.2 billion in the fourth quarter due to inventory pileups, lagging sales in China and ongoing supply chain disruptions, marking the first time the company’s quarterly sales have declined since the first quarter of 2020. “These are times when strong brands get …

Japan’s Nikkei rose and crossed the significant 27,000-point level for the first time in two weeks on Tuesday, boosted by a rise in energy stocks, though uncertainty over US interest rate hikes limited gains. The Nikkei rose 0.66 percent to close at 27,049.47 points, close to its highest level during …

Gold advanced at the beginning of the day, but finishes it in the red at around $1,824.00 per ounce. WTI, records a solid bounce after testing the 100-EMA on the downside near $105.88 a barrel near the daily low and got bolstered late, as OPEC+ cuts 2022 market surplus from …

Monday witnessed a volatile trading session and US stocks ended slightly lower after posting sharp gains the week before, while oil prices and Treasury yields rose.Economic data on Monday showed new orders for US-made capital goods and shipments increased solidly in May, pointing to sustained strength in business spending on …