New car sales in France declined 4.4% in November of the current year, while the previous month had fewer working days than usually. With the usual number of business days, sales would rise 5.7%. The total number of cars sold reached 138,298. At the same time, the French car manufacturers PSA Peugeot Citroen and Renault SA posted an advance in
U.S. shares declined, after Standard & Poor's 500 Index climbed for a third straight month, as investors speculated on retail sales report and on nation's manufacturing data that surprisingly rose in November. The S&P 500 slid 0.2% to 1,803.19 as of 10:02 New York time, while the Dow Jones Industrial Average declined 0.3% to 16,036.77.
German shares were little changed, following its longest weekly winning streak since 1998, as U.S. manufacturing sector is expected to show a drop from fastest pace in more than two years. The DAX Index gained less than 0.1% to 9,407.88 as of 1:09 p.m. Frankfurt time and it advanced 4.1% reaching a record previous month and completed an eight-week climb.
The sovereign credit rating of the United States can be decreased in the medium term by Dagong rating agency from China, as federal budget problems are still not solved. The mentioned agency has already lowered the U.S. rating by one step from AA to A-, while China has the rating of AA+. Dagong predicts that in the worst case it
European shares declined, after three months of advances, as Spanish manufacturing data surprisingly fell previous month. The Stoxx Europe 600 slid 0.2% to 324.64 as of 1:12 p.m. London time; however, the equity-benchmark has climbed 0.9% in November, prolonging its rally to 16% this year. Standard & Poor's 500 Index futures gained less than 0.1%, while the MSCI Asia Pacific
The Japanese Yen depreciated to the lowest level in six months against the greenback after manufacturing sector expanded in China, Europe and also U.K previous month. Japan's currency slipped 0.5% to 102.90 per Dollar as of 8:57 a.m. in New York, after falling to 102.93, the lowest since May 23. The Yen slid 0.1% to 139.36 per Euro after declining
Canada's currency dropped to the lowest level in two years as weaker than expected exports last quarter strengthened the worries that Bank of Canada officials previously expressed on economic growth. The Canadian Dollar slipped 0.2% to C$1.0634 per U.S. Dollar as of 7:40 a.m. and it reached C$1.0654 per U.S. Dollar, making it the lowest level in approximately two years.
Wal-Mart Stores Inc. announced on Monday a significant increase in the number of clients that came for shopping during the night on Thanksgiving Day, a day before the Black Friday. As the company opened its stores two hours earlier, it managed to raise the number of transactions to 10 million. Today, the company's stocks are adding 0.1% to $81.01 per
The British currency climbed, advancing for a fourth day in a row versus the 17-nation currency, as U.K. manufacturing data indicated that in November it rose more than economists expected. The Sterling gained 0.5% to 82.61 pence per Euro as of 1:13 p.m. in London, after strengthening to 82.53 pence, the highest level since January 11. The Pound added 0.1%
The manufacturing sector of Greece continued to decline in November of this year, however, the pace of activity decrease slowed to its lowest level since September 2009. The data from Markit Economics shows the PMI benchmark index increase to 49.2 points in November versus 47.3 points a month earlier. At the same time, still the reading below 50 points shows
Activity in the production sector of Italy continued to expand in the last month, as the increase in number of new orders and manufacturing output led the employment level in the country to show the first advance since May 2011. The benchmark PMI Index for the manufacturing sector of Italian economy jumped to 51.4 points in November against 50.7 in
The number of approvals for building in Australia contracted 1.8% in October of this year on a monthly basis, reaching in total 16,491. Economists, in turn, predicted the number of approvals to slump 5% after a revised 16.9% jump a month ago. The building permits surged 23.1% on the annual basis in October, which also exceed economists' forecasts for a
Activity in the manufacturing sector of Spain started to decline once again in November of the current year, slumping for the first time in five months. The benchmark PMI Index, which measures the activity level in the sector, decreased to 48.6 points in November versus 50.9 a month ago. The reading below 50 points indicates a decline, while analysts awaited
The U.S. Dollar declined on Monday with the Dollar Index falling after it recorded the largest gain in November in a six-month period as demand for the haven currency weakened before manufacturing reports signaling less stimulus by Fed. The U.S. Dollar Index released by the Bloomberg tracking the currency performance against its 10-most traded peers dropped 0.1% to 1,019.51 by
German government bunds fluctuated on Monday trade about 0.05% from the weakest level since August before a report showed that manufacturing activity in the 17-nation bloc accelerated for the fifth successive month in November. German benchmark 10-year yields were at 1.70% as of 7:32 a.m. in London after it dropped to 1.65% on October 31, the least since August 8.
European equities were little changed on Monday with the stock-index futures benchmark Europe 600 recorded its third month of gains before a government report showed that manufacturing in the world's largest economy declined. Euro Stoxx 50 Index with settlement in December added 0.1% to 3,086 as of 7:39 a.m. London time, while the London's FTSE 100 Index fell 0.1%.
Gold decreased on Monday dropping for the first session in three days and extending its worst monthly record since June amid speculation that the Federal Reserve monetary stimulus may scale back as the U.S. economy improves. Bullion for delivery in December fell 0.6% to $1,245.87 an ounce traded at $1,245.94 as of 3:37 p.m. Singapore time.
The European benchmark Brent crude increased on Monday after a report showed that the OPEC production declined to the lowest level in two years in November mainly due to drops in Nigeria and Saudi Arabia. January Brent futures gained 69 cents to $110.38 a barrel on the London's ICE Futures Exchange.
West Texas Intermediate oil gained on Monday rising for the second successive session after an industry report showed that manufacturing activity in the world's second-largest economy rose suggesting that the country found its growth momentum. WTI for delivery in January advanced 59 cents on the NYMEX traded at $93.27 as of 3:45 p.m. in Singapore.
The British Sterling strengthened on Monday rising for the fifth straight session against the U.S. Dollar before a government report showed that manufacturing production in the United Kingdom accelerated in November. The Pound added 0.3% to $1.6418 as of 7:46 a.m. in London following an advanced to $1.6443, the most since August 29.
Soybeans jumped on Monday reaching a two-month peak after a demand for supplies of the world's largest producer of the commodity, U.S., slowed after Friday's USDA report showing that exporters sold soybeans totaling 110,000 tons to China. Soybeans for delivery in January advanced 0.6% to $13.45 on the CBOT, the most since September 19.
China's equities declined on Monday with the small-companies gauge falling by a record as government signaled that it resumes initial public offerings and as data showed that manufacturing in China rose in November. The Shanghai composite Index slipped 0.9% to 3:07 p.m. Tokyo time, whereas the ChiNext shrank 8.1% during the session.
The Australian currency increased on Monday rallying from the weakest level in a three-month period, while the New Zealand's Dollar gained for the second straight session after a report showed that China's PMI rose more than expected in November. The so-called Aussie added 0.5% to 91.54 U.S. cents by 5:22 p.m. Sydney time following a drop to 90.56 on Friday,
The majority of emerging-market equities increased on Monday after Markit economic reports showed that manufacturing activity across the whole Asia increase spurring gains in Indian and Indonesian stocks. The MSCI Emerging Markets Index added 0.1% to 1,018.87 by 2:11 p.m. Hong Kong time with 283 stocks jumping and 236 falling.