Forex News

U.S. Weekly Jobless Claims Inch Up To 260,000

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended July 30th.
RTTNews | 875 days ago
Bay Street Likely To See Positive Start

Bay Street Likely To See Positive Start

Fairly strong earnings updates from Canadian and U.S. companies and firm commodity prices point to a positive start on Bay Street Thursday morning.
RTTNews | 875 days ago
Parker Hannifin Initiates FY23 Outlook; Q3 Profit Plunges

Parker Hannifin Initiates FY23 Outlook; Q3 Profit Plunges

While reporting financial results for the fourth quarter on Thursday, Parker Hannifin Corp. (PH) initiated its earnings, adjusted earnings and organic sales growth guidance for the full-year 2022. The company said its outlook excludes the pending acquisition of Meggitt plc.
RTTNews | 875 days ago
Alibaba Q1 Profit Halves

Alibaba Q1 Profit Halves

Chinese e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday net income for the first quarter halved from last year, hurt by a 1 decline in revenues and a decrease in the market prices of its equity investments in publicly-traded companies.
RTTNews | 875 days ago
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Pound Drops After BoE Decision

Pound Drops After BoE Decision

As expected, the Bank of England raised its key rate by 50 basis points to 1.75 percent from 1.25 percent. Following the decision, the pound weakened against its major counterparts.
RTTNews | 875 days ago
Pound Mixed Ahead Of BoE Decision

Pound Mixed Ahead Of BoE Decision

The Bank of England's monetary policy announcement is due at 7:00 am ET Thursday. The BoE is widely expected to raise its key rate by 50 basis points to 1.75 percent from 1.25 percent.
RTTNews | 875 days ago
Germany Factory Orders Fall Less Than Expected In June

Germany Factory Orders Fall Less Than Expected In June

Germany factory orders declined less than expected in June as the fall in foreign demand was partially offset by the improvement in domestic orders, data published by Destatis showed on Thursday. Factory orders decreased 0.4 percent on a monthly basis in June, after a revised 0.2 percent drop in May. Nonetheless, this was slower than the economists' forecast of -0.8 percent.
RTTNews | 875 days ago

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