Forex News
European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Wednesday with investors closely following the developments on the geopolitical front, and awaiting fresh data from directional clues.
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58 days ago
U.S. Private Sector Job Growth Exceeds Estimates In September
Private sector employment in the U.S. increased by more than expected in the month of September, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment climbed by 143,000 jobs in September after rising by an upwardly revised 103,000 jobs in August.
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58 days ago
CNN, Reuters Launch Digital Paywalls
Global news organizations CNN, owned by media conglomerate Warner Bros. Discovery, as well as Thomson Reuters Corp. announced their plans to launch digital paywalls, with a view to developing new digital revenue streams aiming to support their work in journalism around the world. CNN, in an internal memo, said it is starting to ask some of its visitors to pay $3.99 a month for access...
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58 days ago
U.S. Private Sector Employment Climbs More Than Expected In September
Private sector employment in the U.S. increased by more than expected in the month of September, according to a report released by payroll processor ADP on Wednesday.
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58 days ago
Bay Street Likely To Open With Negative Bias; Higher Oil Prices May Push Up Energy Stocks
Canadian shares may open with a negative bias Wednesday morning on worries about rising tensions in the Middle East, but higher oil prices might trigger buying in the energy space and limit market's downside.
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58 days ago
Nike Shares Hit After Withdrawal Of FY25 Forecast Amid Weak Q1, CEO Change
Shares of Nike Inc. were down around 6 percent in the extended trading on Tuesday on the NYSE and are currently down around 5 percent in pre-market activity after the sportswear giant warned on weak revenues in its second quarter, withdrew its revenue forecast for fiscal 2025, and postponed investor day. The move comes as the company reported weak results in its first quarter, even as earnings...
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58 days ago
European Shares Flat To Higher As Energy Stocks Rally On Middle East Tensions
European stocks were flat to slightly higher on Wednesday, with energy stocks leading the surge as oil extended an overnight rally on concerns that Middle East tensions could escalate and potentially disrupt crude output from the region.
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58 days ago
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FTSE 100 Marginally Higher As Energy Stocks Surge
U.K. stocks were marginally higher on Wednesday, with energy stocks leading the surge as oil extended an overnight rally on concerns that Middle East tensions could escalate and potentially disrupt crude output from the region.
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58 days ago
CAC 40 Gains On Rate Cut Bets
French stocks traded higher on Wednesday as traders increased bets that the European Central Bank will cut interest rates by another 25 basis points on Oct. 17 due to falling inflation and weak economic activity in the region.
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58 days ago
DAX Little Changed On Middle East Conflict Fears
German stocks were little changed on Wednesday amid ongoing tensions in the Middle East after Iran fired ballistic missiles targeting two military bases of Israel and the headquarters of Mossad.
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58 days ago
Asian Shares Mostly Lower On Middle East Tensions
Asian stocks ended mostly lower on Wednesday, even as Hong Kong shares continued to surge on stimulus euphoria.
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58 days ago
Canadian Dollar Rises As Crude Oil Prices Advance
The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday, as the crude oil prices rose amid the possibility of tight supplies due to an escalation in tensions in the Middle East after Iran launched a missile attack on Israel, aiming to avenge the killing of Hezbollah head Hassan Nasrallah and other senior leaders of the group.
West Texas Intermediate Crude oil futures for November closed up $1.66 or nearly 2.5 percent at $69.83 a barrel.
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58 days ago
Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday.
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58 days ago
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