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

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

Enbridge stock is soaring: Is now the time to buy?

  Enbridge stock is soaring: Is now the time to buy? Investors have been very bullish on Enbridge Inc (TSX:ENB)(NYSE:ENB) lately.What’s behind the recent rally?

LONDON (AP) — Global stock markets remained firm Friday despite slightly worse than expected U . S . jobs data. 1, 2017. Asian shares were mostly higher Friday, taking their cue from optimism on Wall Street set off by a report showing spending by U . S . consumers growing in July, along with wages and

Stocks closed mostly flat on Thursday, despite a rise in oil prices, as Wall Street looked ahead for Friday' s jobs report . U . S . oil settled 2.7 percent higher at .93 a barrel, a day after surging more than 3 percent amid a drawdown in gasoline inventories.

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.

Facebook is in free fall and pulling the rest of tech with it

  Facebook is in free fall and pulling the rest of tech with it Facebook is in free fall and pulling the rest of tech with it

SEOUL, South Korea - European stocks traded cautiously ahead of a U . S . jobs report Friday that could influence when the Federal Reserve raises interest rates this year. Asian markets were mostly higher after being buoyed by positive news about the global economy.

Asian shares were mostly higher Friday, taking their cue from optimism on Wall Street set off by a report showing spending by U . S . consumers growing in July, along with wages and salaries. Global stock markets remained firm Friday despite slightly worse than expected U . S . jobs data.

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.

3 huge challenges to Canadian stocks and one unlikely contrarian play

  3 huge challenges to Canadian stocks and one unlikely contrarian play Amid a perfect storm of stock market stressors, could Magna International Inc. (TSX:MG)(NYSE:MGA) be the hero you didn’t know you needed?Compounded fear caused by market uncertainty

Global stocks mostly turned lower on Wednesday amid reports that the U . S . is Investors will also monitor U . S . jobs data ahead of the key payrolls report on Friday. "A higher figure indicates rising employment and potential inflation pressure, which will increase the likelihood of rate hikes."

Asian shares were mostly higher Friday, taking their cue from optimism on Wall Street set off by a report showing spending by U . S . consumers growing in July, along with wages and salaries. LONDON (AP) — Global stock markets traded higher Friday ahead of key U . S . jobs data that could

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.

Canada’s Job Vacancy Rate Hits Record High; Here’s Where The Jobs Are .
Canadian businesses are having a historically hard time finding employees, and the good news for workers is that pay is likely headed up. The latest Help Wanted Report from the Canadian Federation of Independent Business (CFIB) showed Canada's job vacancy rate hit 3.1 per cent in the April-to-June quarter this year, the highest rate since the CFIB started tracking this data in 2004.This means that for every 100 jobs in the country, more than three have been sitting empty for four months or longer.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!