Forex News
U.S. Dollar Rises Ahead Of Inflation Data
The U.S. dollar strengthened against its most major counterparts in the New York session on Monday, as expectations for larger Fed rate cuts faded and investors awaited August inflation data due later this week.
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122 days ago
U.S. Wholesale Inventories Rise Slightly Less Than Expected In July
Wholesale inventories in the U.S. increased slightly less than expected in the month of July, according to a report released by the Commerce Department on Monday. The Commerce Department said wholesale inventories crept up by 0.2 percent in July, while revised data showed inventories were unchanged in June.
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122 days ago
Labor Market Jitters Weaken The Dollar
The U.S. Dollar slipped again during the week ended September 6 amidst renewed rate cut expectations triggered by updates from the labor market.
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122 days ago
Bay Street Likely To Open Higher
Higher Canadian and U.S. futures and firm crude oil prices point to a positive start for Canadian stocks Monday morning.
The mood is likely to remain a bit cautious ahead of U.S. inflation data due this week and the Federal Reserve's policy meeting on September 17 and September 18.
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122 days ago
Eurozone Sentix Investor Confidence Deteriorates On German Chaos
Euro area investor sentiment weakened further in September as the single currency bloc remains on the brink of recession with the political and economic chaos in Germany weighing heavily on the entire region. The investor confidence index fell to -15.4 in September from -13.9 in August, survey results from the behavioral research institute Sentix showed Monday. This was the third consecutive fal
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122 days ago
Sensex, Nifty Finish Higher; Financials And FMCG Stocks Outperform
Indian shares eked out modest gains on Monday, tracking mixed cues from global markets.
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122 days ago
Eggs, Whole Cantaloupe Recalled For Salmonella Risk
The U.S. Food and Drug Administration has announced recalls of eggs as well as whole cantaloupe citing the potential to be contaminated with Salmonella. Bonduel, Wisconsin-based Milo's Poultry Farms, LLC is calling back all "Milo's Poultry Farms" and "Tony's Fresh Market" branded eggs. Further, Scottsdale, Arizona-based Eagle Produce LLC is recalling 224 cases of whole cantaloupe.
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122 days ago
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European Shares Inch Higher Before Key Inflation Readings
European stocks traded higher on Monday ahead of consumer price inflation figures from Germany, Spain and France due later in the week.
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122 days ago
UK Labor Market Conditions Soften In August: KPMG/REC Report
The UK labor market conditions softened in August as permanent job placements declined sharply amid reduced demand for new staff and falling pay growth, a report compiled by S&P Global showed Monday. Permanent staff placements declined for the 23rd straight month in August, the KPMG and REC, UK Report on Jobs survey.
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122 days ago
FTSE 100 Gains Ahead Of Macro Data
U.K. stocks traded higher on Monday after declining for six straight sessions.
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122 days ago
CAC 40 Gains Ahead Of Upcoming ECB And Fed Meetings
French stocks advanced on Monday after U.S. Treasury Secretary Janet Yellen said that the U.S. economy remains strong and that recent months of cooler jobs data is a signal of a soft landing, not a recession.
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122 days ago
DAX Edges Higher With ECB Rate Decision In Focus
German stocks opened on a firm note Monday, after having suffered heavy losses on Friday on concerns about slowing U.S. growth.
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122 days ago
Asian Shares Retreat On Growth Worries
Asian stocks declined on Monday due to lingering worries about U.S. and Chinese growth.
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122 days ago
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