Tag Archives: November

Dow ends volatile November with more than 150-point rally on hopes of a US- China trade deal at G-20

Stocks closed a volatile month with strong gains on Friday on renewed bets the U.S. and China could strike a deal on trade. The Dow Jones Industrial Average rose 199.62 points to close at 25,538.46. The S&P 500 and Nasdaq Composite both gained 0.8 percent to close at 2,760.17 and 7,330.54, respectively. Stocks wobbled for most of the session until ... Read More »

Japan November machinery orders seen falling on U.S. policy uncertainty

A Reuters poll on Friday found Japan’s machinery orders were expected to fall in November, the first decline in two months, suggesting firms remain cautious about capital spending. Core machinery orders, a highly volatile data series regarded as a leading indicator of capital spending, were expected to have slipped 1.7 percent in November following a 4.1 percent rise in October, ... Read More »

China’s November home prices show government curbs starting to cool sharp rally

China’s property market slowed further last month, with average new home prices in the nation’s 70 major cities cooling from October as a raft of government curbs appeared to discourage speculative demand. New home prices rose 0.6 percent month-on-month, slowing from October’s 1.1 percent, according to Reuters calculations from data issued by the National Bureau of Statistics (NBS) on Monday. ... Read More »

Brexit latest: Retail sales growth slows in November

Growth in retail sales, a key leading indicator of GDP momentum, slowed in November. The Office for National Statistics reported that sales volumes grew by 0.2 per cent in the month, down from strong growth of 1.8 per cent in October. The annual rate of expansion slowed to 5.9 per cent, down from 7.2 per cent previously. Retail slowdown Retail ... Read More »