Actualités Forex
Dollar Loses Ground Against Major Rivals After Soft Inflation Data
The U.S. dollar drifted lower against its major counterparts on Tuesday amid bets the Federal Reserve will slowdown the pace of rate hike after data showed the nation's consumer price inflation slowed more than expected in November.
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Swiss Market Ends On Firm Note On Positive Global Cues
The Switzerland stock market ended on a strong note on Tuesday, in line with markets across Europe, after data showing a tamer-than-expected U.S. consumer price inflation helped ease concerns about the outlook for interest rates.
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European Stocks Close On Bright Note On Tamer-than-expected U.S. Inflation Data
European stocks closed on a strong note on Tuesday as tamer-than-expected U.S. inflation data helped ease concerns about the outlook for interest rates and lifted investor sentiment.
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Canadian Market Retreats After Upbeat Start, Up Just Marginally At Noon
Despite starting off on a buoyant note, the Canadian market is up just marginally in positive territory a little before noon on Tuesday with several stocks paring early gains due to stiff resistance at higher levels.
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Dollar Dips As Soft U.S. Inflation Data Reinforces Slower Rate Hike Bets
The U.S. dollar lost ground against its major counterparts in the European session on Tuesday, as the nation's consumer inflation slowed more than expected in November, supporting expectations for a slowdown in the pace of rate hike at the U.S. Federal Reserve's monetary policy meeting ending tomorrow.
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U.S. Consumer Prices Inch Slightly Higher In November, Annual Growth Slows
Consumer prices in the U.S. inched up by less than expected in the month of November, according to a highly anticipated report released by the Labor Department on Tuesday. The Labor Department said its consumer price index crept up by 0.1 percent in November after climbing by 0.4 percent in October. Economists had expected consumer prices to rise by 0.3 percent.
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Crown Holdings Says Icahn To Support All Its Nominees For Election At 2023 AGM
Crown Holdings, Inc. (CCK) announced Tuesday that it has entered into an agreement with Icahn Enterprises L.P., whereby Jesse Lynn and Andrew Teno, General Counsel of Icahn Enterprises and Portfolio Manager of Icahn Capital, respectively, will join the Company's Board of Directors, effective immediately.
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more news
German Economic Confidence Recovers On Lower Inflation Expectations
German economic sentiment strengthened in December to its best level in 10 months amid hopes of falling inflation and a temporary easing in the energy markets, a monthly survey conducted by the Mannheim-based research institute ZEW revealed on Tuesday.
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U.S. Consumer Prices Inch Up Less Than Expected In November
Consumer prices in the U.S. inched up by less than expected in the month of November, according to a highly anticipated report released by the Labor Department on Tuesday.
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Elon Musk 'baaaack' With Twitter Blue Subscription Service
Elon Musk's Twitter has relaunched its paid premium subscription service 'Twitter Blue,' after holding a while for updating and verification of fake accounts. New subscriptions to Twitter Blue are currently available on the web only in the U.S., Canada, Australia, New Zealand, and the U.K., with plans to expand. Twitter said it is piloting a new service called Twitter Blue for Business.
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Dollar Drops Following U.S. CPI
Following the release of U.S. CPI for November at 8.30 am ET Tuesday, the greenback declined against its major counterparts.
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Dollar Mixed Ahead Of U.S. CPI
At 8.30 am ET Tuesday, U.S. CPI for November is set for release. Ahead of the data, the greenback traded mixed against its major counterparts. While it dropped against the pound and the yen, it held steady against the euro and the franc.
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Bay Street Likely To See Positive Start
Higher Canadian and U.S. futures, firm commodity prices and steady European stocks point to a positive start for the Canadian market on Tuesday.
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