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Canada’s International Merchandise Trade Deficit widened to $2.5 billion in July from $1.6 billion in June, the data published by Statistics Canada revealed on Thursday. This reading came in largely in line with the market expectation. “Imports increased 12.7% in July, while exports rose 11.1%. The largest contributor to this growth for …
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13 September, 2025 2:17 am
Fed’s Rate Cut Countdown: Treasury Yields Hint at Cautious Easing Ahead
Treasury yields have shown mixed performance, reflecting market uncertainty. The 10-year Treasury yi…
13 September, 2025 12:01 am
Oil Prices Swing Between Geopolitical Tensions and U.S. Demand Concerns
Global oil prices edged higher on Friday, buoyed by renewed supply risks from Russia, but gains were…
12 September, 2025 11:00 pm
AI Hype vs. Reality: Why Adobe’s Stock Fell Despite Beating Earnings
Adobe’s stock is taking a hit despite the company reporting better-than-expected quarterly res…
12 September, 2025 9:42 pm
Why Did the Dow Retreat from Record Highs?
The Dow Jones Industrial Average (DJIA) retreated from its record-setting run, slipping below 46,000…
12 September, 2025 8:41 pm
Euro Fights Back as US Consumer Confidence Retreats
The Euro is attempting to stabilize against the US Dollar, hovering around 1.1720 after a sharp dip.…
12 September, 2025 7:24 pm
Could a Faltering UK Job Market Sink GBP?
The British Pound has been trading cautiously, held back by persistent concerns over the health of t…
12 September, 2025 4:35 pm
Dollar Steadies Ahead of Fed Rate Decision After Mixed U.S. Data
The U.S. dollar edged slightly higher on Friday, pausing its recent slide as investors digested a co…
12 September, 2025 2:20 pm
U.S. Stock Futures Edge Lower as Fed Rate Cut Bets Remain Firm Ahead of Michigan Survey
Futures Pull Back After Record Highs U.S. stock futures slipped slightly on Friday, consolidating af…
12 September, 2025 1:03 pm
U.K. Economy Stalls in July, Keeping Pressure on the Bank of England
The U.K. economy flatlined in July, marking a sharp slowdown from the previous month’s expansion and…
12 September, 2025 11:52 am
European Stocks Edge Higher as Investors Weigh Growth, Inflation, and Oil Weakness
European equity markets posted modest gains on Friday, consolidating after a generally upbeat week, …
Market Analysis
September, 2020
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3 September 2020 5:32 pm
US: Unit Labor Costs Rise by 9% in Q2
Unit Labor Costs in the nonfarm business sector rose by 9% on a yearly basis in the second quarter, the data published by the US Bureau of Labor Statistics showed on Thursday. This reading followed a 12.2% increase in the first quarter and fell short of the market expectation of …
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3 September 2020 4:56 pm
US Weekly Jobless Claims decline by 130,000
There were 881,000 Initial Claims for unemployment benefits in the US during the week ending August 29th, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed last week’s print of 1,011,000 (revised from 1,006,000) and came in slightly better than the market expectation …
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3 September 2020 4:15 pm
UK minister: Next Round of UK-US Trade Talks to Begin on September 8
Britain will hold a new round of talks with the United States on a trade deal next week, Greg Hands, junior trade minister Greg Hands said on Thursday, adding that the government is in talks with the two major American parties ahead of the upcoming presidential elections. Britain gives priority …
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3 September 2020 3:44 pm
Eurozone Services PMI Barely Expand in August
Service activity in the Eurozone posted some decline in August, but remains within the expansion zone. Eurozone service activity barely expanded in August. The IHS Markit eurozone services PMI registered 50.5 in August versus 54.7 in July, slightly above the flash reading of 50.1 and over the 50 mark indicating …
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3 September 2020 3:15 pm
France Launches a Stimulus of 100 Billion to Revive Economy
France intends to spend 100 billion euros, equivalent to 118 billion dollars, to extricate its economy from a severe downturn caused by the Corona pandemic, indicating the renewed efforts made by President Emmanuel Macron to push a supportive reform schedule for companies. An official said ahead of the official launch, …
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3 September 2020 2:35 pm
French Service Activity Less Than Expected
The service activity index in the French economy extended growth in August less than expected, as data released by Markit on Thursday showed that the French services PMI came at 51.5 in August, compared to 57.3 in July. Analysts had expected 51.9 The Euro is trading at 1.1823, down about …
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3 September 2020 1:50 pm
Eurozone Economic Recovery Lost Momentum in August
A survey showed that the recovery of the Eurozone economy from its biggest downturn on record faltered in August as growth in the services sector dominating the bloc almost completely halted, suggesting that the long road to recovery is bumpy. Last quarter, the bloc’s economy shrank 12.1%, as the imposition …
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3 September 2020 1:25 pm
China: We Will Respond to US Restrictions on Diplomats
Chinese Foreign Ministry spokeswoman Hua Chunying said in a daily press briefing that Beijing will respond “by lawful means” to the new restrictions imposed by the United States on Chinese diplomats. Washington said it would require senior Chinese diplomats to obtain approval from the Foreign Ministry before visiting any university …
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3 September 2020 12:44 pm
European Shares Open Higher Ahead of Services Sector Data
European stocks rose on Thursday, September 3rd amid signs of global economic recovery and hopes for further stimulus measures, with all eyes focused on domestic services sector data likely to show continued growth. The European Stoxx600 index rose 0.8% in early trade, tracking a strong session in Asia after a …
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3 September 2020 12:05 pm
Japan’s Nikkei Index Reaches Highest Level in 30 Years
The Nikkei benchmark hit a six-month high Thursday, September 3 and its strongest in three decades in dollar terms, as hopes for more domestic and global economic stimulus boosted sentiment. The Nikkei Index rose 0.94% to 23,465.53 points, its highest closing level since February 21. In dollar terms, this index …
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3 September 2020 10:41 am
US May Witness Largest Fiscal Deficit Since World War II
A report issued by the Congressional Budget Office predicts that the US federal government budget deficit will reach 16% of GDP during 2020, the largest in the United States since the end of World War II in 1945. The bureau said the US public debt rate will exceed 100% of …
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3 September 2020 10:21 am
Japan’s Services PMI Fell to 45 in August
Japanese service activity contracted at a rapid pace last month, dropping the service purchasing managers’ index to 45.0 in August from 45.4 in July. The Japanese service activity was affected by the uncertainty and weak demand surrounding the business sector due to the Corona pandemic.
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