Canada Dec News Today

A look at the day ahead in U.S. and global markets from Mike Dolan As a frenetic period of macro and corporate news calms, investors have emerged pretty buoyant about the state of...

As a frenetic period of macro and corporate news calms, investors have emerged pretty buoyant about the state of world markets - with global stock indexes clocking 2-year highs on Wednesday. But even as Chinese authorities still struggled to draw a line under the relentless market rout there - and Hong Kong stocks slipped back again on Wednesday despite further mainland market gains - the picture elsewhere was brighter. With over half of S&P 500 companies having reported fourth-quarter up...

A look at the day ahead in U.S. and global markets from Mike Dolan

Downbeat Wall St markets wondering if they've jumped the gun on interest rate cut speculation switched attention to China's spluttering economic engine and eyed a holiday retail readout. World markets seemed to have returned this week to the 'glass half empty' view of 2024 that they started the year with - irked by edgy inflation updates, obstinate central bankers, a mixed start to the earnings season and worrying pockets of economic weakness. Still murky geopolitical devel...

A look at the day ahead in U.S. and global markets from Mike Dolan

A shortened U.S. markets week starts on the back foot as Friday's slightly peculiar interest rate cut ebullience cools a touch again while U.S. banking giants resume the corporate earnings season. Taiwan's ruling Democratic Progressive Party won the presidential election, but lost its majority in parliament. Donald Trump secured a resounding win in the first 2024 Republican presidential contest in Iowa on Monday, largely as expected and asserting control over the party as he seeks an...

A look at the day ahead in U.S. and global markets from Mike Dolan If the Federal Reserve is now wary of a sudden fracture in the U.S. labor market, it wont be unduly alarmed by what...

If the Federal Reserve is now wary of a sudden fracture in the U.S. labor market, it won't be unduly alarmed by what it's seen of December employment so far. With Friday's payrolls report looming over New Year markets all week - pointing to the first weekly loss in global equities since October - most other readouts of U.S. hiring last month looked to still be in rude health. Even though minutes of the Fed's December policy meeting, which electrified rate cut hopes last mon...

EU mid-market update: Flickers of hope in EU data; UK retailers provide first Q4 earnings color, highlight Red Sea disruptions.

The messaging app WhatsApp, owned by Meta, is launching a "Chat Lock" feature that will allow users to keep their private conversations exactly that -- private.