Forex News
Loonie Climbs Vs Most Majors After Canada Inflation Data
Canada inflation data for September has been released at 8:30 am ET Wednesday. After the data, the loonie traded mixed against its major counterparts. While it changed little against the yen, it rose against the rest of major rivals.
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823 days ago
Loonie Mixed Ahead Of Canada Inflation Data
Canada inflation data for September will be released at 8:30 am ET Wednesday. Ahead of the data, the loonie traded mixed against its major counterparts. While it held steady against the yen and the euro, it fell against the greenback. Against the aussie, it climbed.
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823 days ago
UniFirst Sees FY23 Adj. EPS Below View; Q4 Results Top Estimates
While reporting financial results for the fourth quarter on Wednesday, UniFirst Corp. (UNF) initiated its earnings, adjusted earnings and revenues guidance for the full-year 2023.
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823 days ago
Prologis Trims FY22 Outlook - Update
While reporting its financial results for the third quarter on Wednesday, logistics real estate firm Prologis Inc. (PLD) lowered its net earnings and core funds from operations outlook for the full-year 2022.
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824 days ago
Inflation Drags Down FTSE-100
The FTSE-100 benchmark of the London Stock Exchange is currently trading lower amidst data that showed a spike in inflation.
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824 days ago
Abbott Laboratories Boosts FY22 Outlook - Update
While reporting financial results for the third quarter on Wednesday, Abbott Laboratories (ABT) raised its earnings and adjusted earnings guidance for the full-year 2022.
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824 days ago
P&G Q1 Profit Down 4%, But Results Top Estimates; Cuts FY23 Sales Outlook
Procter & Gamble reported on Wednesday that profit for the first quarter decreased four percent from last year, hurt primarily by higher commodity and input material costs, despite 1 percent net sales growth. However, both earnings per share and quarterly sales topped analysts' estimates. Looking ahead, the company maintained its earnings and organic sales growth guidance for full-year 2023.
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824 days ago
more news
Bay Street Likely To Open Lower; Inflation Data In Focus
Lower Canadian and U.S. index futures, and weak bullion prices point to a negative start for the Canadian market on Wednesday. The consumer price inflation data is set to make a significant impact on the market.
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824 days ago
CAC-40 Stays Firm Despite Spike In Inflation In The Region
France's CAC-40 continued to hold on to gains amidst data that showed the presence of high inflation in both the Euro area as well as the U.K. The positive sentiment generated by the earnings season as well as the U.K. government's reversal of fiscal plans outweighed anxiety over inflation and monetary policy tightening in the region.
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824 days ago
U.S. Dollar Appreciates Amid Higher Treasury Yields
The U.S. dollar strengthened against its major counterparts in the European session on Wednesday amid rising treasury yields, as hawkish comments from Federal Reserve officials revived the prospects of aggressive monetary tightening and the threat of a recession.
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824 days ago
European Stocks Somewhat Subdued In Cautious Trade
After a slightly positive start and a subsequent retreat, European stocks recovered some lost ground Wednesday morning, and are modestly higher a little past noon.
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824 days ago
DAX Gains Dip As Inflation Fears Mount
The German stock market benchmark DAX witnessed muted sentiment amidst renewed concerns over inflation after readings from Euro Area and U.K. reinforced the persistence of high inflation.
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824 days ago
Sensex, Nifty End Higher For 4th Straight Day
Indian stocks had a positive outing on Wednesday and despite paring some gains in the final hour, ended the session modestly higher, extending gains to a fourth straight day, with investors focusing on quarterly earnings updates.
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824 days ago
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