Forex News
Canadian Market Down Marginally In Cautious Trade After U.S. Inflation Data
Canadian stocks are turning in a mixed performance Wednesday morning with investors digesting the data from U.S. Labor Department on consumer price inflation in the world's largest economy.
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40 days ago
U.S. Consumer Prices Increase Modestly In August, Annual Growth Slows To Over 3-Year Low
While the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased in line with estimates in the month of August, the annual rate of consumer price growth slowed by slightly more than expected. The Labor Department said its consumer price index rose by 0.2 percent in August, matching the uptick seen in July as well as economist estimates.
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40 days ago
U.S. Consumer Prices Rise In Line With Estimates In August
While the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased in line with estimates in the month of August, the annual rate of consumer price growth slowed by slightly more than expected.
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40 days ago
Starbucks New CEO Sets Priorities As It Drifts From Core
Starbucks Corp.'s new CEO Brian Niccol announced his priorities for his initial days, with a view to focusing on improving the coffee giant's U.S. business before moving to the international markets. In an open letter to employees, customers and stakeholders, he pointed out the firm's drift from its core, and presented a plan for the first 100 days to reestablish Starbucks...
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40 days ago
Higher Commodity Prices Point To Slightly Positive Start On Bay Street
Higher crude oil bullion prices point to a positive start for the Canadian market Wednesday morning. However, U.S. inflation data, which is due before the opening bell, is likely to significantly impact investor sentiment in early trades.
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40 days ago
Sensex, Nifty End Choppy Session Lower Before US Inflation Test
Indian shares fluctuated before ending modestly lower on Wednesday.
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40 days ago
European Shares Mixed As UK GDP Stagnates
European stocks were mixed on Wednesday ahead of U.S. consumer inflation data due later in the day which could shed light on the size of a widely expected rate cut by the Federal Reserve at next week's policy meeting.
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40 days ago
more news
FTSE 100 Marginally Lower As Economy Unexpectedly Stagnates
U.K. stocks were marginally lower on Wednesday after official data showed the U.K. economy unexpectedly stagnated in July.
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40 days ago
Yen Rises After BoJ Junko Nagakawa Comments
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday, after the Bank of Japan policymaker Junko Nagakawa signaled about on potential interest rate hikes.
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40 days ago
CAC 40 Little Changed Ahead Of ECB Meeting
French stocks held steady on Wednesday ahead of U.S. consumer inflation data due later in the day which could shed light on the size of a widely expected rate cut by the Federal Reserve at next week's policy meeting.
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40 days ago
DAX Gains With Focus On ECB Meeting
German stocks traded higher on Wednesday ahead of key U.S. consumer price inflation data due later in the day and a European Central Bank (ECB) policy meeting on Thursday.
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40 days ago
Asian Shares Retreat Ahead Of US CPI Data
Asian stocks declined on Wednesday as investors watched the latest updates on the Trump-Harris presidential debate and braced for U.S. consumer price inflation data that could influence the Federal Reserve's policy moves next week.
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40 days ago
UK GDP Unexpectedly Stagnates In July
The UK economy unexpectedly stagnated in July as falls in production and construction was offset by an increase in services output, official data revealed Wednesday. Real gross domestic product showed nil growth for the second straight month, the Office for National Statistics reported. GDP was forecast to grow 0.2 percent.
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40 days ago
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