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Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

Canadian shares are likely to turn in a mixed performance again with investors reacting to U.S. inflation data and a slew of corporate earnings announcements. Materials shares may move higher, tracking firm metal prices.
RTTNews | vor 186 Tagen
EU Projects Eurozone To Log Gradual Growth, Inflation On Track To Target

EU Projects Eurozone To Log Gradual Growth, Inflation On Track To Target

The European Commission projected the euro area economy to stage a gradual growth amid geopolitical risks and expects inflation to be on the track to hit the target. In the latest Spring economic forecast, released Wednesday, the commission said the single currency bloc will grow 0.8 percent this year, same as the Winter interim forecast.
RTTNews | vor 186 Tagen
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Arcos Dorados Q1 Profit Declines

Arcos Dorados Q1 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 first quarter declined to $28.51 million or $0.14 per share from $37.41 million or $0.18 per share in the prior-year quarter.
RTTNews | vor 186 Tagen
European Shares Mostly Higher After GDP Data

European Shares Mostly Higher After GDP Data

European stocks were mostly higher on Wednesday as investors digested a slew of mixed earnings reports and looked ahead to the release of U.S. CPI report later in the day for directional cues.
RTTNews | vor 186 Tagen
CAC 40 Marginally Higher After Inflation Data

CAC 40 Marginally Higher After Inflation Data

French stocks were marginally higher in cautious trade on Wednesday after Federal Reserve chairman Jerome Powell said on Tuesday that the central bank is unlikely to raise its key interest rate to tackle elevated inflation.
RTTNews | vor 186 Tagen
DAX Climbs On Earnings

DAX Climbs On Earnings

German stocks traded higher on Wednesday as investors cheered mostly positive earnings results and awaited key U.S. CPI data later in the day for additional clues on the Fed's rate trajectory.
RTTNews | vor 186 Tagen

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