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Canadian Shares Turning In Mixed Performance

Canadian Shares Turning In Mixed Performance

Canadian shares are turning in a mixed performance on Wednesday with investors assessing the likely move of the Federal Reserve after the latest data on U.S. producer price and consumer price inflation.
RTTNews | Před 131 dny
U.S. Dollar Subdued Following Tame Inflation Data

U.S. Dollar Subdued Following Tame Inflation Data

The U.S. dollar was lower against its major counterparts in the New York session on Wednesday, as consumer inflation moderated in July, reinforcing expectations for a rate cut from the U.S. Federal Reserve in September.
RTTNews | Před 131 dny
Gold Futures Snap 5-day Winning Streak

Gold Futures Snap 5-day Winning Streak

Gold futures snapped a five-session winning streak and settled notably lower on Wednesday. Investors assessed the likely move of the Federal Reserve in the wake of the latest data on producer price and consumer price inflation.
RTTNews | Před 131 dny
Swiss Market Ends On Strong Note

Swiss Market Ends On Strong Note

The Switzerland market ended on a strong note on Wednesday with stocks holding firm right through the day's session after a positive start. A slew of encouraging global economic data, and optimism about a sharp interest rate cut by the Federal Reserve in September helped underpin sentiment.
RTTNews | Před 131 dny
U.S. Consumer Prices Rise In Line With Estimates In July, Annual Growth Unexpectedly Slows

U.S. Consumer Prices Rise In Line With Estimates In July, Annual Growth Unexpectedly Slows

A highly anticipated report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased in line with estimates in the month of July. The Labor Department said its consumer price index rose by 0.2 percent in July after edging down by 0.1 percent in June. The modest increase by consumer prices matched expectations.
RTTNews | Před 131 dny
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Slower Services Inflation In UK Strengthens Case For More BoE Rate Cuts

Slower Services Inflation In UK Strengthens Case For More BoE Rate Cuts

UK consumer price inflation rose less than expected in July as services price growth slowed to its lowest in over two years, strengthening the call for more interest rate cuts from the Bank of England. The consumer price index moved up 2.2 percent in July from a year ago, following June's 2.0 percent increase, the Office for National Statistics reported Wednesday.
RTTNews | Před 131 dny
U.S. Consumer Prices Rise In Line With Estimates In July

U.S. Consumer Prices Rise In Line With Estimates In July

A highly anticipated report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased in line with estimates in the month of July. The Labor Department said its consumer price index rose by 0.2 percent in July after edging down by 0.1 percent in June. The modest increase by consumer prices matched expectations.
RTTNews | Před 131 dny
Yen Falls As European Shares Inch Higher After GDP Data

Yen Falls As European Shares Inch Higher After GDP Data

The Japanese yen weakened against other major currencies in the European session on Wednesday, as investors digested key Eurozone data and looked forward to the release of U.S. CPI data later in the day for additional clues on the interest-rate outlook.
RTTNews | Před 131 dny
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the European session on Wednesday.
RTTNews | Před 131 dny
Arcos Dorados Q2 Net Profit Declines

Arcos Dorados Q2 Net Profit Declines

Arcos Dorados Holdings, Inc. (ARCO), a restaurant chain and McDonald's franchisee, reported Wednesday that net income attributable to the company for the second quarter declined to $26.63 million or $0.13 per share from $28.37 million or $0.13 per share in the prior-year quarter.
RTTNews | Před 131 dny
ODP CFO Anthony Scaglione To Step Down

ODP CFO Anthony Scaglione To Step Down

The ODP Corp. (ODP) announced Wednesday that Anthony Scaglione, executive vice president and chief financial officer, is stepping down from his role to pursue another career opportunity. His last day will be September 13, 2024.
RTTNews | Před 131 dny

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