Paris (awp/afp) – The world stock markets are moving in dispersed order on Tuesday, with Asia still suffering the blow of Chinese growth deemed disappointing, and Europe calmly awaiting the results of American banks and retail sales to UNITED STATES. In Asia, the Shanghai Stock Exchange lost more than 2% in the last exchanges, and … Read more
A New York appeals court ordered a redrawing of the state’s congressional map on Thursday, giving a victory to Democrats hoping to regain control of the embattled U.S. House of Representatives in the U.S. House of Representatives. 2024 elections. The 3-2 appellate division ruling in state capital Albany overturned a lower court ruling and ordered … Read more
Washington (awp/afp) – The job market in the United States is showing signs of easing, despite a still low unemployment rate and an increase in recruitment, according to a survey published by the Federal Reserve (Fed) on Wednesday. “Employment rose modestly” compared to the previous survey, at the end of May, “with growth in most … Read more
Paris (awp/afp) – European stock markets rose for the fourth consecutive session on Wednesday and are trying to make up for their significant losses of last week, but the publication of inflation in the United States could call into question the trend. In Europe, Paris gained 0.74% around 10:35 GMT, Frankfurt 0.86%, London 1.13% and … Read more
The Australian and New Zealand dollars recouped losses suffered overnight Tuesday into Wednesday as the greenback came under pressure from lower US yields following the rout in the global bond market last week. The Aussie dollar hovered around $0.6690, having recouped all of its overnight losses to $0.6624 on weak inflation data from China. It … Read more
The Indian rupee, off its worst weekly performance in more than a month, is expected to rally on Monday, helped by lower dollar index and near-term Treasury yields after US jobs figures increased less than expected. Non-deliverable futures indicate that the Rupee will open around 82.60-82.62 for the US Dollar, down from 82.74 in the … Read more
PARIS, July 6 (Reuters) – U.S. services sector activity grew faster than expected in June on a rebound in new orders, while the index measuring prices paid by businesses fell to a more than three-year low, suggesting a continued decline in inflationary pressures in this sector, which is closely watched by the US Federal Reserve … Read more
U.S. new-vehicle sales for the world’s major automakers rose in the second quarter on improved supply and pent-up demand, indicating that rising interest rates have not yet had a significant impact on purchases. Vehicle production has been affected by the pandemic which has disrupted the supply of semiconductor chips and other raw materials, reducing automakers’ … Read more
Major automakers on Wednesday reported higher quarterly U.S. sales, reflecting higher vehicle inventories and support from a strong labor market. General Motors (GM) posted a 19% rise in second-quarter shipments to 691,978 units, thanks to strong gains for its Sierra pickup truck and its upscale Cadillac brand. The American giant also mentioned the progress in … Read more
The dollar fell against the yen on Tuesday as markets remained alert to signs of Japanese intervention, but the broader market remained calm as US traders were off for a public holiday. The greenback was down 0.28% at 1340 GMT at 144.26 yen, after rising 0.27% on Monday. However, the yen remained close to last … Read more