Actualités Forex
New Zealand Has NZ$1.863 Billion Trade Shortfall In November
New Zealand posted a merchandise trade deficit of NZ$1.863 billion in November, Statistics New Zealand said on Wednesday.
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U.S. Dollar Slumps Versus Yen After Bank Of Japan Policy Shift
The value of the U.S. dollar has shown a notable decline during trading on Tuesday, with the greenback showing a particularly steep drop against the Japanese yen.
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Swiss Market Ends Notably Lower
The Switzerland stock market ended notably lower on Tuesday after staying weak right through the day's session.
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European Stocks Close Broadly Lower On Recession Fears
Despite coming off early lows, European stocks closed on a weak note on Tuesday as fears of a global economic recession due to constantly rising interest rates weighed on sentiment.
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Canadian Market Modestly Higher Around Noon
After opening slightly up and climbing higher subsequently, the Canadian market pared some gains Tuesday morning but edged higher again as buying resumed at several frontline counters.
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U.S. Housing Starts Decrease In November, Building Permits Plunge
The Commerce Department released a report on Tuesday showing a decrease in new residential construction in the U.S. in the month of November. The report said housing starts fell by 0.5 percent to an annual rate of 1.427 million in November after tumbling by 2.1 percent to a revised rate of 1.434 million in October.
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U.S. Housing Starts Drop 0.5% In November
The Commerce Department released a report on Tuesday showing a decrease in new residential construction in the U.S. in the month of November.
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Horizon Says UPLIZNA Approved By Brazilian Health Regulatory Agency As Monotherapy For NMOSD
Biotechnology company Horizon Therapeutics plc (HZNP) announced Tuesday that the Brazilian Health Regulatory Agency (ANVISA) has approved UPLIZNA as a monotherapy for the treatment of adult patients with NMOSD who are AQP4-IgG+.
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Bay Street Seen Opening With Positive Bias On Firm Commodity Prices
Canadian shares are likely to open with a positive bias on Tuesday, tracking firm crude oil and bullion prices.
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General Mills Boosts FY23 Outlook As Q2 Results Top Estimates
Branded food company General Mills reported Tuesday a profit for the second quarter that edged up 1 percent from last year, driven by improved gross margins and 4 percent net sales growth. Both adjusted earnings per share and net sales topped analysts' estimates. The company also raised its adjusted earnings and organic net sales growth guidance for the full-year 2023.
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Embecta Slips To Loss In Q4
Diabetes management company Embecta Corp. (EMBC), which listed on the NASDAQ on Apr.1, 2022 after spinning-off from medical technology company Becton, Dickinson and Co. (BDX), announced Tuesday a net loss of $17.2 million or $0.30 per share, compared to net income of $97.1 million or $1.70 per share in the prior-year quarter.
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3M To Exit PFAS Manufacturing And Use Of PFAS Use By The End Of 2025
3M (MMM) announced Tuesday that it will exit per- and polyfluoroalkyl substance (PFAS) manufacturing and work to discontinue the use of PFAS across its product portfolio by the end of 2025.
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RBA Minutes Say Policymakers Discussed Pausing Rate Hikes
Policymakers of the Reserve Bank of Australia discussed pausing the interest rate hike at the last meeting of the year, citing the lagged effect of the previous adjustments. Nonetheless, further rate hikes are on cards based on incoming data. At the December meeting, policymakers observed that they should proceed cautiously given the uncertain environment.
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