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Loonie Rebounds Following Canada CPI
After the release of Canada consumer inflation for December at 8:30 am ET Tuesday, the loonie recovered against its major counterparts.
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vor 752 Tagen
German Economic Sentiment Strengthens On Favourable Energy Markets
Germany's economic sentiment turned positive in January for the first time in nearly a year, underpinned by more favorable energy market conditions, government energy price caps, and a better export situation as a result of China's current measures to lift Covid pandemic restrictions, survey results from ZEW research institute showed on Tuesday.
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vor 752 Tagen
Goldman Sachs Q4 Profit Plunges 69%, Misses Estimates
Goldman Sachs Group Inc. reported Tuesday that profit for the fourth quarter plunged 69 percent from last year, reflecting higher provisions for bad loans, 16 percent drop in net revenues and 11 percent higher operating expenses. Both earnings and quarterly revenues missed analysts' expectations.
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vor 752 Tagen
Bay Street Likely To Open Mixed; Inflation Data In Focus
Canadian shares look headed for a mixed start on Tuesday if commodity prices are any indication. Crude oil prices are climbing higher, while bullion prices are weak.
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vor 752 Tagen
Calyxt And Cibus To Merge In All-stock Deal
Calyxt, Inc. (CLXT), a plant-based synthetic biology company, and Cibus, a leader in precision gene editing in agriculture, announced Tuesday that both companies have entered into a definitive merger agreement under which Calyxt and Cibus will merge in an all-stock transaction.
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vor 752 Tagen
Pound Climbs As U.K. Wage Growth Beats Forecasts
The pound advanced against its major counterparts in the European session on Tuesday, as investors cheered U.K. employment data showing a faster than expected wage growth in November.
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vor 752 Tagen
UK Jobless Rate Remains Unchanged, Wage Pressures Rise Further
The UK unemployment rate remained unchanged in the three months to November and wage pressures intensified despite the economy heading into a recession. Data from the Office for National Statistics showed that the ILO jobless rate held steady at 3.7 percent in the three months to November, as expected.
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vor 752 Tagen
more news
Singapore Exports Slump 20.6% On Weaker Demand
Singapore's non-oil exports declined for the third straight month in December, and at a faster-than-expected pace, amid sharp falls in both shipments of electronic and non-electronic goods, data from Enterprise Singapore showed on Tuesday.
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vor 752 Tagen
Sensex, Nifty See Late-session Rally
Indian shares posted strong gains on Tuesday despite mixed global cues and weakness in rupee as the dollar rebounded overseas on growth worries.
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vor 752 Tagen
European Shares Decline On Growth Worries
European stocks fell in cautious trade on Tuesday, as investors digested weak GDP data from China and awaited earnings reports from Goldman Sachs and Morgan Stanley later in the day that will provide guidance about the health of the world's largest economy.
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vor 752 Tagen
FTSE 100 Subdued In Cautious Trade
U.K. stocks were slightly lower on Tuesday as weak China data raised concerns about the global economic outlook.
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vor 752 Tagen
CAC 40 Declines On China Growth Concerns
French stocks declined on Tuesday, as investors digested weak GDP data from China and looked forward to earnings from Goldman Sachs and Morgan Stanley due later in the day for directional cues.
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vor 752 Tagen
Australia Consumer Confidence Logs Biggest Monthly Rise In 21 Months
Australia's consumer confidence improved for the second straight month in January to mark its biggest monthly rise since April 2021, as consumers got a temporary boost due to an interval from the Reserve Bank's rate hikes, although the overall economic picture is still gloomy, survey results from Westpac showed on Tuesday.
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vor 752 Tagen
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