Berita Forex

Swiss Market Ends Notably Lower

The Switzerland stock market ended notably lower on Tuesday, weighed down by data showing a drop in Swiss retail sales, and amid caution ahead of interest rate decisions by the Federal Reserve, the Bank of England and the European Central Bank.
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European Stocks Close Broadly Lower Ahead Of Interest Rate Moves

European Stocks Close Broadly Lower Ahead Of Interest Rate Moves

European stocks closed broadly lower on Tuesday as the mood remained cautious and investors largely refrained from indulging in any significant buying ahead of interest rate decisions from the Federal Reserve, the Bank of England and the European Central Bank.
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Tighter Credit Standards, Weaker Loan Demand Suggest Bleak Investment Outlook In Eurozone

Tighter Credit Standards, Weaker Loan Demand Suggest Bleak Investment Outlook In Eurozone

Further tightening in credit standards and weakening loan demand from households and businesses in the euro area suggest that the monetary transmission is in play in the real economy, which could prompt the European Central Bank to hit a pause on rate hikes in the coming months though the prospect of high inflation could damp such thoughts.
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Pound Down As Investors Await Fed Announcement

Pound Down As Investors Await Fed Announcement

The pound depreciated against its major rivals in the European session on Tuesday, as investors awaited the Federal Reserve's policy decision for more clarity on the rate outlook.
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Mexico GDP Growth Slows To 3.5% Amid Tertiary Sector Slowdown

Mexico GDP Growth Slows To 3.5% Amid Tertiary Sector Slowdown

Mexican economic growth moderated in the fourth quarter after accelerating in the previous two quarters, largely led by a deceleration in the growth of the tertiary sector, preliminary data from the National Institute of Statistics and Geography, or INEGI, showed on Tuesday. Gross domestic product advanced an unadjusted 3.5 percent year-over-year in the December quarter.
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NetApp To Cut Workforce By About 8% Amid Restructuring

NetApp To Cut Workforce By About 8% Amid Restructuring

NetApp, Inc. (NTAP) revealed on Tuesday in a regulatory filing a plan to restructure and reduce the Company's workforce as a part of its planned efforts to realign resources to prioritize investments against its biggest opportunities in light of the macroeconomic challenges and reduced spending environment that continue to impact the xompany.
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Portugal GDP Growth Eases On Lower Domestic Demand; Inflation Slows Further

Portugal GDP Growth Eases On Lower Domestic Demand; Inflation Slows Further

Portugal's economic growth moderated for the third straight quarter in the three months ended December amid a deceleration in the growth of domestic demand due to a decrease in private consumption and investment, flash data from Statistics Portugal showed on Tuesday. Separate official data revealed that consumer price inflation eased for the third consecutive month in January.
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Pfizer Q4 Profit Tops View; Sees Weak FY23 Results, Below Market

Pfizer Q4 Profit Tops View; Sees Weak FY23 Results, Below Market

Drug major Pfizer Inc. reported Tuesday higher earnings in its fourth quarter, above market estimates, and an all-time high revenues in its fiscal 2022. Meanwhile, the company projects sharply lower adjusted earnings and revenues in its fiscal 2023, below Wall Street estimates, reflecting projected decline for COVID-19 products. In pre-market activity on the NYSE, Pfizer shares were losing around
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Phillips 66 Adj. EPS Miss Estimates

Phillips 66 Adj. EPS Miss Estimates

Energy company Phillips 66 (PSX) reported Tuesday that fourth-quarter consolidated earnings surged to $1.88 billion or $3.97 per share from $1.27 billion or $2.94 per share in the prior-year quarter.
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Eurozone Economy Avoids Contraction In Q4

Eurozone Economy Avoids Contraction In Q4

Euro area narrowly escaped a shrinkage in the fourth quarter, but the growth remained modest on weaker consumer spending amid high inflation. Gross domestic product grew 0.1 percent sequentially after rising 0.3 percent in the third quarter, preliminary flash estimates from Eurostat showed on Tuesday. Economists had forecast the single currency bloc to shrink 0.1 percent.
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