Breaking News

French shares lead Europe down, loonie slides after weak data.

News Date: 16/11/2015 10:03:41
Update Date: 16/11/2015 10:39:35

French shares led continental European shares to a 3-1\2 week low, affected by Paris attacks, before recovering some of the losses. The French CAC 40 dipped to 4,788, with a 0.36% loss. The pan-European index FTSEurofirst 300 was down to 1,454, with a 0.23% loss. Germany's DAX recovered all of its losses, rising 22 points, or 0.22% to 10,728. Britain's FTSE floundered to a fresh six-week low before recovering strongly due to rising energy shares, the index was last up 25 points, or 0.40% to 6,142.


Eurozone's Final CPI for October came at 0.1% y\y, higher than the 0.0% expected. The positive result didn't help the Euro however, with its index down 0.45% to 86.32. The Euro is down 0.55% against dollar to 1.0715. It lost 0.26% against Sterling to 0.7051. It recovered most of its losses against yen, but was still down 0.19% at 131.84.


Canada's Manufacturing Sales for September fell a surprising 1.5% m\m, against forecasts of a 0.3% growth. The loonie tumbled to a six-week low at C$1.3350, with a 0.23% loss.


Dollar was consolidating its gains, with its index up 0.41% to 99.29. It rose 0.27% against sterling to 1.5194. It advanced 0.37% against yen to 123.06.


Wall Street opened higher, with Dow Jones up 66 points, or 0.40% to 17,316. NASDAQ gained 14 points, or 0.28% to 4,940. S&P 500 rose 10 points, or 0.50% to 2,033.


Oil prices gave up their earlier gains as worries over a supply glut persist. Brent futures for December lost 55 cents, or 1.23% to $43.91 a barrel. U.S. futures fell 19 cents, or 0.47% to $40.50 a barrel.


Gold futures gave up most of their gains as well but were still up $3.30, or 0.31% at $1,084.40 an ounce, while Silver futures slipped 0.03% to $14.20 an ounce.  

Latest news

Gold futures rose for December delivery according to the Asian session on Friday. As it increased by 0.47%, to be traded at the price of 1959.00 dollars per ounce, and it was previously traded at a
09-2020 18 06:02:31

Oil prices rose this morning, due to the halt in oil and gas production due to a hurricane in the United States of America, as the price of crude oil increased by approximately 1.5%, reaching 41.13 d
09-2020 16 06:30:20

We open the trading week with a rise in gold prices today, after it witnessed a decline in the last days of last week, as it is a safe haven for investors, especially when crises that negatively affe
09-2020 14 06:22:57

Gold prices experienced a remarkable decline at the beginning of the week after it concluded its Asian trading at a high, affected by the great rush of investors, if this morning the gold futures con
08-2020 31 08:11:31

We start today's events, Tuesday, by the rise in oil prices affected by the easing of precautionary measures to combat turquoise corona in the world. US West Texas crude futures are expected to decre
08-2020 26 04:51:45

More News