OSINT Drip 5-8-2021
Summary (Original: 2316 Words)
Abstractive
185 Words
92% Compression
Canadian shares end the first trading week of May on a high note, with the benchmark S&P/TSX Composite notching a fresh record high around the 19,470 level. Meanwhile, the Canadian economy shed more jobs than expected in April, and the jobless rate rose to 8.1%, above market expectations of 7.8%. The FTSE 100 closed above the 7,100 level for the first time since February 2020. The IBEX 35 closed above 9,000 for first time in February 2020 and finished the week almost 3% higher. Caixabank showed net profits surged almost six-fold to €514 million during the first quarter. The Mexican peso jumped to a near 2-week high of 19.9 per USD. Canadian stock index recorded sixth straight weekly gain in a row as the Capesize index booked a sixth consecutive weekly gain. The Baltic Dry index has been supported mostly by rising demand for key commodities such as iron ore and grains, alongside the ongoing disruptions in global supply chains amid the Covid-19 crisis. Canadian economy shed more jobs than expected in April, and the jobless rate rose to 8.1%, above market expectations of 7.8%.
Semi-Abstractive
74 Words
96% Compression
The Ivey Purchasing Managers Index dropped to 60.6 from a near all-time high of 72.9.
Nonfarm payrolls increased by 266K only while the unemployment rate rose to 6.1%.
The S&P 500 added 1.2%.
The US economy only added 266,000 jobs in April.
13 hours ago United States Stock Market Wall Street Gains Momentum.
14 hours ago commodity Copper Hits Fresh Record Copper futures climbed above the $4.7 per pound mark for the first time.
Constrained Abstractive
183 Words
92% Compression
All three main US stock indexes gained ground on Friday, with the Dow Jones and the S&P 500 finishing at record closing levels. The Canadian economy shed more jobs than expected and the jobless rate rose to 8.1%, above market expectations of 7.8%. The Ivey Purchasing Managers Index dropped to 60.6 from a near all-time high of 72.9, pointing to a slowdown in economic activity growth. The FTSE 100 closed above the 7,100 level for the first time since February 2020. Caixabank showed net profits surged almost six-fold to €514 million during the first quarter. The Mexican peso jumped to a near 2-week high of 19.9 per USD on Friday, taking advantage of a stronger risk appetite. The Baltic Dry index has been supported mostly by rising demand for key commodities such as iron ore and grains. Meanwhile, the Canadian economy shed more jobs than expected in April, and the jobless rate rose to 8.1%, above market expectations of 7.8%. The Ivey Purchasing Managers Index dropped to 60.6 from a near all-time high of 72.9, pointing to a slowdown in economic activity growth.
Extractive
73 Words
96% Compression
The Canadian economy shed more jobs than expected in April, and the jobless rate rose to 8.1%, above market expectations of 7.8%. Meanwhile, the tech-heavy Nasdaq dropped 1.5% this week. French investment bank Natixis, which reported Thursday after the bell a net profit of €255 million in Q1, rebounding from a €204 million net loss in the previous year, as cost of risk decreased by more than half to €92 million.
Meta
42 Words
98% Compression
The FTSE 100 closed above the 7,100 level for the first time since February 2020. Caixabank showed net profits surged almost six-fold to €514 million during the first quarter. The Mexican peso jumped to a near 2-week high of 19.9 per USD.
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