rises Archive

  • ARGENTINA: Merval Rises 0.84% Ahead Legislative Elections Merval, the main index of the Buenos Aires Stock Exchange, rose 0.84% Friday, closing at 27,030.26 points amid optimism among investors for the victory of the ruling coalition in Sunday's legislative elections. In the week, however, the Merval fell 0.55%. "Investors moved to the polls because of the national legislative elections on Sunday. The expectation of a very good performance by the ruling party served as an excuse for the Merval index to be located again above the 27,000 points," said Eduardo Fern?ndez, an analyst at Rava Burs?til. However, the vote will occur amid a confusing scenario. The latest surveys point out to a technical tie between the ruling coalition and the former President Cristina Kirchner for the Buenos Aires' Senate chair after fresh news related to the "Maldonado affair." A body found this week in the same region where searches for the 28-year old backpacker Santiago Maldonado were b..

    ARGENTINA: Merval Rises 0.84% Ahead Legislative Elections

    ARGENTINA: Merval Rises 0.84% Ahead Legislative Elections Merval, the main index of the Buenos Aires Stock Exchange, rose 0.84% Friday, closing at 27,030.26 points amid optimism among investors for the victory of the ruling coalition in Sunday's legislative elections. In the week, however, the Merval fell 0.55%. "Investors moved to the polls because of the national legislative elections on Sunday. The expectation of a very good performance by the ruling party served as an excuse for the Merval index to be located again above the 27,000 points," said Eduardo Fern?ndez, an analyst at Rava Burs?til. However, the vote will occur amid a confusing scenario. The latest surveys point out to a technical tie between the ruling coalition and the former President Cristina Kirchner for the Buenos Aires' Senate chair after fresh news related to the "Maldonado affair." A body found this week in the same region where searches for the 28-year old backpacker Santiago Maldonado were b..
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  • ARGENTINA: Merval Rises 0.84% Ahead Legislative Elections Merval, the main index of the Buenos Aires Stock Exchange, rose 0.84% Friday, closing at 27,030.26 points amid optimism among investors for the victory of the ruling coalition in Sunday's legislative elections. In the week, however, the Merval fell 0.55%. "Investors moved to the polls because of the national legislative elections on Sunday. The expectation of a very good performance by the ruling party served as an excuse for the Merval index to be located again above the 27,000 points," said Eduardo Fern?ndez, an analyst at Rava Burs?til. However, the vote will occur amid a confusing scenario. The latest surveys point out to a technical tie between the ruling coalition and the former President Cristina Kirchner for the Buenos Aires' Senate chair after fresh news related to the "Maldonado affair." A body found this week in the same region where searches for the 28-year old backpacker Santiago Maldonado were b..

    ARGENTINA: Merval Rises 0.84% Ahead Legislative Elections

    ARGENTINA: Merval Rises 0.84% Ahead Legislative Elections Merval, the main index of the Buenos Aires Stock Exchange, rose 0.84% Friday, closing at 27,030.26 points amid optimism among investors for the victory of the ruling coalition in Sunday's legislative elections. In the week, however, the Merval fell 0.55%. "Investors moved to the polls because of the national legislative elections on Sunday. The expectation of a very good performance by the ruling party served as an excuse for the Merval index to be located again above the 27,000 points," said Eduardo Fern?ndez, an analyst at Rava Burs?til. However, the vote will occur amid a confusing scenario. The latest surveys point out to a technical tie between the ruling coalition and the former President Cristina Kirchner for the Buenos Aires' Senate chair after fresh news related to the "Maldonado affair." A body found this week in the same region where searches for the 28-year old backpacker Santiago Maldonado were b..
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  • Crude Oil Rises As U.S. Rig Count Tumbles Crude oil futures rose Friday after an industry report showed the U.S. rig count fell for a third consecutive week. Baker Hughes reported that the number of active U.S. rigs drilling for oil fell by 7 to 736 this week. The total active U.S. rig count, which includes oil and natural-gas rigs, also dropped by 15 to 913. The trend signals that U.S. oil companies are losing patience with low oil prices stuck near $50 a barrel. Dec. WTI oil settled at $51.84/bbl, up 33 cents, or 0.6%. Nov. WTI oil was up 18 cents, or 0.4%, to settle at $51.47/bbl on expiration day. The Nov. WTI contract ends nearly flat for the week. In economic news, the National Association of Realtors released a report on Friday showing an unexpected rebound in existing home sales in the month of September. NAR said existing home sales climbed by 0.7 percent to an annual rate of 5.39 million in September from a rate of 5.35 million in August. Economists had expected e..

    Crude Oil Rises As U.S. Rig Count Tumbles

    Crude Oil Rises As U.S. Rig Count Tumbles Crude oil futures rose Friday after an industry report showed the U.S. rig count fell for a third consecutive week. Baker Hughes reported that the number of active U.S. rigs drilling for oil fell by 7 to 736 this week. The total active U.S. rig count, which includes oil and natural-gas rigs, also dropped by 15 to 913. The trend signals that U.S. oil companies are losing patience with low oil prices stuck near $50 a barrel. Dec. WTI oil settled at $51.84/bbl, up 33 cents, or 0.6%. Nov. WTI oil was up 18 cents, or 0.4%, to settle at $51.47/bbl on expiration day. The Nov. WTI contract ends nearly flat for the week. In economic news, the National Association of Realtors released a report on Friday showing an unexpected rebound in existing home sales in the month of September. NAR said existing home sales climbed by 0.7 percent to an annual rate of 5.39 million in September from a rate of 5.35 million in August. Economists had expected e..
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  • *Pound Rises To 1.3166 Against Dollar Pound Rises To 1.3166 Against Dollar

    *Pound Rises To 1.3166 Against Dollar

    *Pound Rises To 1.3166 Against Dollar Pound Rises To 1.3166 Against Dollar
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  • *Dutch Aug Consumer Spending Rises 2.3% On Year Dutch Aug Consumer Spending Rises 2.3% On Year

    *Dutch Aug Consumer Spending Rises 2.3% On Year

    *Dutch Aug Consumer Spending Rises 2.3% On Year Dutch Aug Consumer Spending Rises 2.3% On Year
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  • ARGENTINA: Merval Rises 2.35% Amid Optimism With Elections Merval, the main index of the Buenos Aires Stock Exchange, rose 2.35% Thursday, closing at 26,831.01 points, recovering from recent losses amid investor optimism for a possible triumph of the national government in Sunday's legislative elections. On the side of the indicators, the head of the Central Bank, Federico Sturzenegger, acknowledged that the efforts to contain price pressures in Argentina failed to bring inflation to the levels desired by the monetary authorities. Mirgor stocks rose the most today after reporting that formalized a Memorandum of Understanding with Samsung Electronics to jointly advance the installation and operation of commercial premises to be known as "Samsung Stores" in the country. Besides Mirgor (+6.79%), Transener (+6.19%), Aluar (+6%), TGN (+5.90%), and Siderar (+5,57%) also rose, while San Miguel (-0.86%) fell. The locally traded U.S. dollar rose 0.63%, closing at 17.46 Argentina..

    ARGENTINA: Merval Rises 2.35% Amid Optimism With Elections

    ARGENTINA: Merval Rises 2.35% Amid Optimism With Elections Merval, the main index of the Buenos Aires Stock Exchange, rose 2.35% Thursday, closing at 26,831.01 points, recovering from recent losses amid investor optimism for a possible triumph of the national government in Sunday's legislative elections. On the side of the indicators, the head of the Central Bank, Federico Sturzenegger, acknowledged that the efforts to contain price pressures in Argentina failed to bring inflation to the levels desired by the monetary authorities. Mirgor stocks rose the most today after reporting that formalized a Memorandum of Understanding with Samsung Electronics to jointly advance the installation and operation of commercial premises to be known as "Samsung Stores" in the country. Besides Mirgor (+6.79%), Transener (+6.19%), Aluar (+6%), TGN (+5.90%), and Siderar (+5,57%) also rose, while San Miguel (-0.86%) fell. The locally traded U.S. dollar rose 0.63%, closing at 17.46 Argentina..
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  • Sweden's Jobless Rate Rises In September Sweden's unemployment rate climbed in September, data from Statistics Sweden showed Thursday. The jobless rate rose to 6.2 percent in September from 6 percent in August. The rate was forecast to remain stable at 6 percent. In the corresponding period of 2016, the unemployment rate was 6.1 percent. The number of unemployed persons increased to 331,900 from 325,700 in the previous month. At the same time, the employment rate declined to 68.1 percent in September from 69.0 percent in August. The jobless rate, on a seasonally adjusted basis, came in at 6.7 percent in September.

    Sweden's Jobless Rate Rises In September

    Sweden's Jobless Rate Rises In September Sweden's unemployment rate climbed in September, data from Statistics Sweden showed Thursday. The jobless rate rose to 6.2 percent in September from 6 percent in August. The rate was forecast to remain stable at 6 percent. In the corresponding period of 2016, the unemployment rate was 6.1 percent. The number of unemployed persons increased to 331,900 from 325,700 in the previous month. At the same time, the employment rate declined to 68.1 percent in September from 69.0 percent in August. The jobless rate, on a seasonally adjusted basis, came in at 6.7 percent in September.
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