Forex News

U.S. Retail Sales Unexpectedly Unchanged, Ex-Auto Sales Inch Higher

A report released by the Commerce Department on Friday showed U.S. retail sales unexpectedly came in unchanged in the month of September. The Commerce Department said retail sales were virtually unchanged in September after rising by an upwardly revised 0.4 percent in August.

RTTNews | 828 days ago

Hungary Tightens Monetary Policy To Combat High Inflation, External Pressures

Hungary's central bank took extraordinary measures on Friday to support the weakening forint after Prime Minister Viktor Orban urged the finance minister and the central bank governor to curb inflation that hit a 26-year high in September. The Monetary Council of the National Bank of Hungary decided to raise the upper bound of the interest rate corridor, leaving the base rate unchanged at 13.0 pe

RTTNews | 828 days ago

Bayer's Mirena Gets Approval In Europe For Extended Duration Of Use In Contraception

German pharmaceutical company Bayer AG (BAYZF.PK, BAYRY.PK, BYR.L) announced Friday that Mirena (52mg LNG IUS), its long-acting reversible intrauterine system, received regulatory approval in the European Workshare Procedure for up to eight years in contraception. This is the longest contraceptive duration of use for any hormonal intrauterine system.

RTTNews | 828 days ago

Singapore Govt Unveils Additional Relief Measures For Households

Singapore's government rolled out an additional S$1.5 billion support package for all households to cope with higher inflation and cost of living concerns. The package is intended to provide more support for lower-to middle-income groups, the Ministry of Finance said Friday. The better-than-expected fiscal out-turn in the first half of the fiscal 2022 will provide fund for the package.

RTTNews | 828 days ago

U.S. Import Prices Slump 1.2% In September

The Labor Department released a report on Friday showing another steep drop in U.S. import prices in the month of September.

RTTNews | 828 days ago

U.S. Retail Sales Unexpectedly Unchanged In September

A report released by the Commerce Department on Friday showed U.S. retail sales unexpectedly came in unchanged in the month of September.

RTTNews | 828 days ago

Dollar Little Changed After U.S. Retail Sales

U.S. retail sales and import and export prices for September have been released at 8:30 am ET Friday. After these data, the greenback changed little against its major rivals.

RTTNews | 828 days ago

more news

Bay Street Likely To Open With Positive Bias

Canadian shares are likely to open with a positive bias on Friday, tracking firm European markets and higher U.S. futures.

RTTNews | 828 days ago

Morgan Stanley Q3 Net Profit Down 29%

Financial services firm Morgan Stanley (MS) reported Friday third-quarter net income applicable to the company's shareholders of $2.63 billion or $1.47 per share, down from $3.71 billion or $1.98 per share in the year-ago quarter.

RTTNews | 828 days ago

JPMorgan Q3 Profit Down 17%, But Results Top Estimates

US investment bank JPMorgan Chase & Co. (JPM) reported Friday a profit for the third quarter that declined 17 percent from last year, hurt by higher provision for credit losses and net investment securities losses. However, both earnings per share and revenues for the quarter topped analysts' expectations.

RTTNews | 828 days ago