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snow? Turns out, they may not have to wait much longer.Global News chief meteorologist Anthony Farnell says after seeing the warmest December on record across the country, January will see a change in the pattern.“It’s going to start in the West, that’s where the cold and snow begins, but then I think as the month progresses, we’re going to see widespread cold and snowy conditions across much of the country,” he said.The lack of both has put a damper on many winter activities from coast to coast.In Quebec, despite its southern region being hit by a major snowstorm in early December, rainy and warm weather washed away most of the 30 centimetres that fell. It’s also washed out any plans for outdoor ice rinks in Montreal and other municipalities.Skiers in Manitoba also struggled, with grainy and icy snow making it difficult for cross-country enthusiasts to enjoy the paths.Ski hills have also faced problems, with several reporting fewer than half their tracks open to the public during the recent holiday season.The lack of snow is not necessarily surprising given the presence of El Niño, with Farnell having forecast last month that nearly the entire country would see milder weather through much of December.As for the blast of cold previously forecast to hit around the holidays, well, that has changed slightly, Farnell said, but the cold is still “definitely coming.”“The big question is, does it stay?” he said.

Also Read: Morgan Stanley downgrades outlook on US dollar to neutral amid falling Treasury yields after Fed’s dovish pivot Investors are looking for the US non-farm payrolls data due Friday to gauge how many times the US Fed is likely to cut rates this year. “The rupee has appreciated this week despite gains in the US dollar index overseas. The foreign capital inflows and RBI intervention have been supporting the local currency for quite long and hence, USDINR has been trading in a range." said Ajay Kedia, Director, Kedia Commodities.

Exchange-traded funds (ETFs) can be likened to bundles of marketable securities, providing a wide range of exposure by tracking not just conventional benchmarks such as NSE, BSE, or Nifty 50, but also commodities including gold and silver, themes, and sectors. This adaptability renders them exceptionally versatile instruments for constructing comprehensive investment portfolios. Similar to individual stocks, ETFs are actively traded throughout the day at market prices, unlike index funds that are bought and sold at their net asset value (NAV) only at the close of the trading day.

Cello World with a positive outlook. The stock, which entered the secondary market in November, is currently performing strongly on exchanges, trading at ₹871 apiece, 34.4% higher than its issue price of ₹648 apiece.

Investing.com — The U.S. dollar gained in early European trade Friday, on course for its strongest week since July ahead of the release of the widely-watched monthly official jobs report.

By Andrew Silver

Lodha, listed as Macrotech Developers, has recorded its best-ever third quarter pre-sales at Rs 3,410 crores and collections of Rs 2,594 crores for the quarter ended December. The developer has added three more new projects during the quarter with gross development value potential of Rs 6,000 crores taking the project addition in the first three quarters of 2023-24 to Rs 20,300 crores. With this, the company has surpassed its guidance of Rs 17,500 crores project addition for the year with a quarter to spare. “It is heartening to witness the housing cycle taking shape with each passing quarter. Consumer’s desire to own a quality home early in their life journey and upgrade their lifestyle, continues to strengthen.

SINGAPORE (Reuters) — Oil prices edged higher on Friday after minutes from a Federal Reserve meeting suggested inflation was under control and as U.S. Secretary of State Antony Blinken prepared to visit the Middle East to prevent escalation in the Israel-Gaza conflict.

Investing.com-- Most Asian stocks moved little on Friday as they steadied after a weak start to the new year, although anticipation of key U.S. payrolls data and persistent concerns over China kept investors on edge.

Aditya L1 mission, aimed at studying the Sun, is swiftly approaching its crucial moment of settling into its designated orbit, expected to occur on the evening of January 6. Launched on September 2, the spacecraft is on the cusp of entering what's termed a 'halo orbit' around the Lagrange Point 1 (L1), a unique position within the dynamic Sun-Earth system. L1 stands out among the five points in this system where the gravitational forces between the Earth and the Sun reach equilibrium, making it relatively stable and ideal for the spacecraft's observations.

service disruptions across Manhattan during the afternoon rush hour, authorities said. At about 3 pm on the Upper West Side, a 1 train carrying about 300 passengers and an out-of-service Metropolitan Transportation Authority (MTA) train with four workers on board hit each other near the 96th Street station, police and transit officials said at the scene. A «derailment» is when at least one wheel of a train leaves the track. Photos posted on social media by city emergency management officials showed the passenger train partially off the tracks in an area that had a track-switching mechanism. Officials said there were no immediate signs of equipment failure and investigators were seeing if human error was involved.

Investments Authority of the Ministry of Economy and Industry and the Tax Authority are working to provide individual support to entrepreneurs among the evacuees from the war zones who own residential buildings. As such, it has already been approved for a company that owns a residential apartment building, which holds written approval from the administration in the «building for rent» route, to contract with a government company for the occupancy of the apartments in this building by the evacuee population.

Gold prices were on track for their first weekly fall in four on Friday, as waning expectations of an early interest rate cut in the U.S. boosted the dollar, while investors focussed on a key employment report due later in the day for more rate clues. FUNDAMENTALS * Spot gold was up 0.1% at $2,054.10 per ounce, as of 0156 GMT.

By Kevin Buckland

Cathie Wood has started buying Tesla Inc. shares after selling them for most of last year. Her purchases come at a time when Wall Street’s outlook on the electric-vehicle maker is darkening rapidly.

GDP estimates on Friday. The domestic equity benchmark indices resumed their upward march on Thursday, snapping their two-day losing run, amid across-the-board buying despite mixed global cues. The Sensex rallied 490.97 points, or 0.69%, to end at 71,847.57, while the Nifty 50 closed 141.25 points, or 0.66%, higher at 21,658.60.

Uncertainty is as thick as ever for diving into what awaits in the year ahead, but there’s still a growing consensus building that the Federal Reserve will soon start cutting interest rates.

Asian stocks are lower, tracking a weak start to 2024 on Wall Street as Japan's markets reopened

America’s employers posted 8.8 million job openings in November, down slightly from October and the fewest since March 2021

Disney has a new ally in activist investor ValueAct Capital Management, garnering its support for the company’s board nominees as it continues to wage a proxy battle with Nelson Peltz

LTIMindtree on Thursday said it has integrated its subsidiaries Syncordis and Nielsen+Partner to form a specialised banking transformation practice (BTP). The BTP will deliver end-to-end consulting, digital and IT services, leveraging commercial off-the-shelf (COTS) products and platforms serving banks and capital market firms, the company said.