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Technology Global stocks mostly higher ahead of U.S. jobs report

14:45  03 august  2018
14:45  03 august  2018 Source:   msn.com

Canada sheds jobs in May, but wages grow by the most in six years

  Canada sheds jobs in May, but wages grow by the most in six years Canada sheds jobs in May, but wages grow by the most in six yearsThe 7,500 decline in employment contrasts with economists' forecasts for a gain of 17,500 jobs. The unemployment rate held steady at 5.8 percent, as expected.

BANGKOK (AP) — Stock markets were mostly higher Friday ahead of the release of U . S . jobs data, which is expected to show companies still hiring at a brisk pace in the world' s largest economy.

BANGKOK (AP) — Stock markets were mostly higher Friday ahead of the release of U . S . jobs data, which is expected to show companies still hiring at a Economists forecast that the monthly report to be released Friday will show an increase of 191,000 jobs last month, down from 213,000 in June but

BANGKOK - Stock markets were mostly higher Friday ahead of the release of U.S. jobs data, which is expected to show companies still hiring at a brisk pace in the world's largest economy.

KEEPING SCORE: Germany's DAX added 0.4 per cent to 12,598 and the CAC 40 in France edged up 0.3 per cent to 5,476. Britain's FTSE 100 gained 0.7 per cent to 7,627. Dow and S&P 500 futures were flat, auguring a slow start on Wall Street.

ASIA'S DAY: Japan's Nikkei 225 added less than 0.1 per cent to 22,525.18 and the Shanghai Composite index lost 1.0 per cent to 2,740.44. Hong Kong's Hang Seng index gave up 0.2 per cent to 27,650.83 and Australia's S&P ASX 200 edged 0.1 per cent lower to 6,234.80. South Korea's Kospi added 0.8 per cent to 2,287.68.

Toronto stocks close lower, loonie up

  Toronto stocks close lower, loonie up Canada's main stock index closed lower on a day that saw big swings in the oil price while U.S. stocks were down on a shortened trading day ahead of the U.S. July 4 holiday. Oil was initially trading higher Tuesday, cresting US$75 a barrel for the first time since 2014 before it fell after comments by Saudi Arabia about increasing production, said Craig Jerusalim, portfolio manager at CIBC Asset Management."There were indications they had agreed to pump more oil. There had been some soft pressures from the U.S. in the form of tweets suggesting that that's a direction they wanted them to go.

Stock markets are mostly higher ahead of the release of U . S . jobs data, which is expected to show companies still hiring July' s jobs data will be received with strong expectations brewing ahead of the release." TOYOTA' S RECORD: Toyota Motor Corp. reported Friday that its quarterly profit climbed

BANGKOK (AP) — Stock markets were mostly higher Friday ahead of the release of U . S . jobs data, which is expected to show companies still hiring at a brisk pace

US JOBS: Optimistic employers likely continued to add jobs in July at a strong rate thanks to strong growth and consumer spending. Economists forecast that the monthly report to be released Friday will show an increase of 191,000 jobs last month, down from 213,000 in June but easily enough to lower the unemployment rate over time. The jobless rate is projected to decline to 3.9 per cent, near an 18-year low, from 4 per cent.

TRADE: Escalating the trade conflict between the world's two biggest economic powers, the Trump administration said it may impose a 25 per cent tax on $200 billion in imports from China, to take effect after a hearing and public comment. That is up from a 10 per cent tax it proposed in June. Reports of that shift brought a harsh rebuke from Chinese officials, who said such tactics were outdated and would not work.

Toronto stocks higher, U.S. markets also gain

  Toronto stocks higher, U.S. markets also gain The industrials sector helped lift Canada's main stock index at late-morning, while U.S. stock markets also climbed higher as technology companies and banks rose.  The S&P/TSX composite index was up 48.90 points to 16,420.68, after 90 minutes of trading.

BANGKOK (AP) — Stock markets were mostly higher Friday ahead of the release of U . S . jobs data, which is expected to show companies still hiring at a brisk pace in the world' s largest economy. KEEPING SCORE: Germany' s DAX added 0.4 percent to 12,598 and the CAC 40 in France edged up

Stock markets are mostly higher ahead of the release of U . S . jobs data, which is Economists forecast that the monthly report to be released Friday will show an increase of 191,000 jobs last month, down from 213,000 in June but easily enough to lower the unemployment rate over time.

ANALYST'S PERSPECTIVE: "Trade tensions remain the true driver for prices," Jingyi Pan of IG said in a commentary. "For the day ahead, however, it will be the set of economic data to capture the market's attention. July's jobs data will be received with strong expectations brewing ahead of the release."

TOYOTA'S RECORD: Toyota Motor Corp. reported Friday that its quarterly profit climbed 7.2 per cent in April-June to a record 657.3 billion yen ($5.9 billion), exceeding analysts' forecasts thanks to strong sales in the U.S. and other overseas markets. But the company kept its full year profit forecast unchanged and downgraded its sales forecast, citing uncertainties over market trends and trade policies.

ENERGY: Benchmark U.S. crude lost 15 cents to $68.81 a barrel in electronic trading on the New York Mercantile Exchange. It rose 1.9 per cent to $68.96 a barrel in New York. Brent crude, used to price international oils, shed 14 cents to $73.31 per barrel. It gained 1.5 per cent to $73.45 a barrel in London.

CURRENCIES: The dollar was roughly flat at 111.66 yen, while the euro edged down to $1.1583 from $1.1587 a day earlier.

Toronto stocks higher, loonie moves up .
Canada's main stock index closed higher Tuesday on broad gains as investor concerns on Turkey's economic crisis looked to ease. Load Error

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