Actualités Forex
South Korea Retail Sales Sink 0.9% In June
The total value of retail sales in South Korea was down a seasonally adjusted 0.9 percent on month in June, Statistics Korea said on Friday.
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South Korea Bourse Predicted To Extend Winning Streak
The South Korea stock market has finished higher in four straight sessions, gathering more than 40 points or 1.7 percent along the way. The KOSPI now rests just above the 2,435-point plateau and it's expected to add to its winnings again on Friday.
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Japan Data On Tap For Friday
Japan is scheduled to release a raft of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are June figures for unemployment, industrial production, retail sales and housing starts, as well as July numbers for Tokyo inflation and consumer confidence.
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TSX Ends On Strong Note For 2nd Straight Day
Despite a mild setback earlier in the day, Canadian stocks moved higher on Thursday and closed on a bright note amid hopes the U.S. Federal Reserve will slowdown its pace of interest rate hikes at its upcoming meetings.
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Dollar Drifts Lower On Weak GDP Data, Powell's Comments
The U.S. dollar turned weak against some of its major counterparts on Thursday, weighed down by data showing a drop in U.S. GDP in the latest quarter, and hopes that the Fed might slowdown the pace of interest rate hikes in the coming months.
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Canadian Market Holding Gains, Headed For Firm Close
Despite struggling a bit early on in the session, Canadian stocks are firmly up in positive territory Thursday afternoon thanks to strong buying at several counters from across various sectors.
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Swiss Market Ends Moderately Higher
After moving slightly above the flat line till around noon on Thursday, the Switzerland stock market edged higher as the day progressed to eventually end the session with moderate gains.
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European Stocks Close Higher As Investors React To Fed Policy, U.S. GDP Data
European stocks closed higher on Thursday with some key indexes in the region hitting multi-week closing highs, as investors indulged in some strong buying at several counters after the Federal Reserve Chairman Jerome Powell hinted at a slowdown in the pace of rate hikes at future meetings.
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Japanese Yen Advances Amid Risk Aversion After Weak U.S. GDP Data
The Japanese yen appreciated against its major counterparts in the New York session on Thursday, amid risk aversion as weak U.S. GDP data sparked fears about a recession.
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U.S. Weekly Jobless Claims Edge Down From Eight-Month High
After reporting modest increases in first-time claims for U.S. unemployment benefits over the three previous weeks, the Labor Department released a report on Thursday showing a slight pullback in initial jobless claims in the week ended July 23rd.
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Walmart To Open New General Stores At Getaway Outposts Starting This Fall
Walmart, Inc. (WMT) and health and wellness hospitality company Getaway announced Thursday a new partnership under which Walmart will become Getaway's first official retail partner that will see The General Store by Walmart opening at select Getaway Outposts starting this fall.
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U.S. GDP Unexpectedly Decreases For Second Consecutive Quarter
U.S. economic activity unexpectedly saw a continued contraction in the second quarter of 2022, according to a report released by the Commerce Department on Thursday. The Commerce Department said real gross domestic product decreased by 0.9 percent in the second quarter after slumping by 1.6 percent in the first quarter. Economists had expected GDP to increase by 0.5 percent.
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DTE Energy Boosts FY22 Operating Earnings Outlook
While reporting financial results for the second quarter on Thursday, gas and electric utility DTE Energy Co. (DTE) raised its operating earnings guidance for the full-year 2022, based on the first-half results.
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