* Stocks little changed after post-Powell gains. * In data: U.S. inflation moderates, manufacturing contracts. * Dollar index sags to lowest since August. By Sinéad Carew and Marc Jones.
Most Latin American currencies rose on
Thursday, aided by weakness in the dollar, while a drop in the
South African rand amid rising political uncertainty weighed on
broader emerging markets.
* Canadian dollar weakens 0.2% against the greenback. * Canadian manufacturing PMI rises to 49.6 in November. * Investors cut Bank of Canada rate hike bets. * 10-year yield falls to lowest since Aug. 18. By Fergal Smith.
* Stocks little changed after post-Powell gains. * In data: U.S. inflation moderates, manufacturing contracts. * Dollar sags to lowest since August. By Sinéad Carew and Marc Jones.
* U.S. stocks give up some post-Powell gains. * In data: U.S. inflation moderates, manufacturing contracts. * Dollar sags to lowest since August. * Shares in Asia rise as China eases some COVID restrictions. By Sinéad Carew and Marc Jones.
The Canadian dollar weakened against its U.S. counterpart on Thursday as investors reduced bets on another oversized interest rate hike by the Bank of Canada next week and despite the greenback losing ground against some major peers.
* Canadian dollar weakens 0.3% against the greenback. * Price of U.S. oil rises 2.9% * Canadian manufacturing PMI rises to 49.6 in November. * Canadian bond yields ease across curve.
Latin American currencies extended
gains on Thursday, helped by strong commodity prices and
weakness in the dollar, while a dip in the South African rand
amid rising political uncertainty weighed on ...
The U.S. dollar dipped to
16-week lows against a basket of major currencies on Thursday
after data showed that U.S. consumer spending increased solidly
in October, while inflation moderated, adding ...
* This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. By Alexander Marrow. The rouble dived on Thursday to a near five-month low against the euro and its lowest in almost seven weeks to the yuan, as the Russian currency was squeezed by the end of a favourable month-end tax payment period.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
Line of Credit Log In Required