Forex News
Australia Retail Sales Data Due On Thursday
Australia will on Thursday release June figures for retail sales and Q2 data for import and export prices, highlighting a light day for Asia-Pacific economic activity.
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884 days ago
Canadian Stocks Rally On Positive Global Cues; TSX Rises 1.5%
The Canadian market ended on a firm note on Wednesday, tracking U.S. stocks, after Fed Chair Jerome Powell said he does not think the U.S. is currently in a recession and added that the central bank will likely slow rate increases at some point.
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884 days ago
Federal Reserve Raises Interest Rates By Another Three-Quarters Of A Point
In a widely anticipated move, the Federal Reserve on Wednesday announced its decision to raise interest rates by 75 basis points. The Fed said it decided to raise the target range for the federal funds rate to 2.25 to 2.50 percent in an effort to achieve its dual goals of maximum employment and inflation at a rate of 2 percent over the longer run.
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884 days ago
Swiss Market Ends Lower Again
The Switzerland stock market ended on a weak note on Wednesday, extending losses from the previous session, despite spending nearly a couple of hours in positive territory early on in the session.
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884 days ago
European Stocks Close Higher Ahead Of Fed Rate Decision
European stocks closed higher on Wednesday, lifted by some fairly encouraging earnings updates from top U.S. and European companies, and positive lead from Wall Street.
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884 days ago
Canadian Market Climbing Higher As Technology, Energy Stocks Rally
The Canadian market is up firmly in positive territory a little past noon on Wednesday, led by gains in energy, industrials and technology stocks.
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884 days ago
U.S. Pending Home Sales Pull Back Much More Than Expected In June
Pending home sales in the U.S. pulled back sharply in the month of June, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index plunged by 8.6 percent to 91.0 in June after rising by 0.4 percent to a revised 99.6 in May.
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884 days ago
more news
U.S. Durable Goods Orders Unexpectedly Show Sharp Increase In June
Reflecting a sharp increase in orders for transportation equipment, the Commerce Department released a report on Wednesday showing an unexpected surge in new orders for U.S. manufactured durable goods in the month of June.
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884 days ago
Pfizer, BioNTech Advance COVID-19 Vaccine Strategy With Next-Gen Vaccine Candidate Study
Pfizer Inc. (PFE) and BioNTech SE (BNTX) announced Wednesday they have advanced their COVID-19 vaccine strategy by beginning as study on a next-generation vaccine candidate based on enhanced spike protein design.
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884 days ago
Lamb Weston Guides FY23 Earnings In Line As Q4 Results Top Estimates
While reporting financial results for the fourth quarter on Wednesday, Lamb Weston Holdings, Inc. (LW) initiated its earnings and net sales guidance for the full-year 2023.
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884 days ago
U.S. Durable Goods Orders Unexpectedly Jump 1.9% In June
Reflecting a sharp increase in orders for transportation equipment, the Commerce Department released a report on Wednesday showing an unexpected surge in new orders for U.S. manufactured durable goods in the month of June.
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884 days ago
Boeing Q2 Profit Declines, Results Miss Estimates
Boeing on Wednesday reported a profit for the second quarter that declined 67 percent from last year, reflecting a 2 percent dip in revenues on lower defense volume, partially offset by higher commercial volumes. However, core loss per share and quarterly revenues came in below analysts' expectations.
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884 days ago
Canadian Market Seen Opening On Positive Note
Canadian shares look headed for a positive start on Wednesday thanks to strong earnings updates from Google and Microsoft, and firm crude oil prices.
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884 days ago
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