Loonie Climbs After Canada Retail Sales, CPI

At 8:30 am ET Friday, Canada retail sales for July and consumer inflation for August have been released. After these data, the loonie advanced against its major counterparts. The loonie was trading at 87.27 against the yen, 0.9394 against the aussie, 1.2903 against the greenback and 1.5174 against the euro around 8:31 am ET. The ...

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UK Budget Deficit Widens As Govt Spending Rises

The UK budget deficit increased in August on higher expenditure amid subdued income growth, data from the Office for National Statistics showed Friday. Public sector net borrowing, excluding public sector banks, rose by GBP 2.4 billion from last year to GBP 6.8 billion in August. Borrowing was expected to fall ...

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Crude Oil Futures End Modestly Higher, Gain 2.6% In The Week

A day after losing ground following U.S. President Donald Trump’s call to OPEC to lower crude prices, oil futures moved higher on Friday, with traders looking ahead to the OPEC meeting at Algeria this weekend. Recent data showing a notable drop in U.S. crude inventories and possible supply shortage post ...

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Gold Futures Settle Lower As Dollar Rebounds

Gold prices drifted lower on Friday, as the dollar moved up against a basket of major currencies and equities edged higher amid easing worries about U.S.-China trade war impact on the global economy. Traders are gradually switching over to stocks amid hopes the U.S. economy is well poised to register ...

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Amended: Lithuania Industrial Production Climbs In August

Corrects Month Lithuania’s industrial production expanded in August, driven by manufacturing sector, figures from the Department of Statistics showed on Friday. Industrial production climbed by a seasonal and calendar-adjusted 1.4 percent month-on-month in August. The rise was mainly led by a 1.8 percent growth in the manufacturing output. Meanwhile, the ...

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