Forex News
U.S. Consumer Sentiment Index Unexpectedly Decreases In October
A report released by the University of Michigan on Friday showed an unexpected deterioration by U.S. consumer sentiment in the month of October. The University of Michigan said its consumer sentiment index fell to 68.9 in October after climbing to 70.1 in September. Economists had expected the index to inch up to 70.8.
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96 days ago
U.S. Producer Prices Unexpectedly Flat In September, Annual Growth Slows Modestly
With a decrease in prices for goods offsetting an increase in prices for services, the Labor Department released a report on Friday showing producer prices in the U.S. were unexpectedly unchanged in September. The Labor Department said its producer price index for final demand came in flat in September after rising by 0.2 percent in August.
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96 days ago
Tesla Unveils Robotaxi Cybercab, But Stock Down
Shares of Tesla Inc. were losing more than 8 percent in the early morning trading on the Nasdaq on Friday following the electric vehicle maker's long-awaited robotaxi event, which showcased Cybercab self-driving concept car. The event perhaps failed to impress investors and Wall Street analysts.
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96 days ago
U.S. Producer Prices Unexpectedly Unchanged In September
With a decrease in prices for goods offsetting an increase in prices for services, the Labor Department released a report on Friday showing producer prices in the U.S. were unexpectedly unchanged in September.
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97 days ago
Bay Street Seen Opening On Mixed Note; Canada Job Data, U.S. PPI Report Eyed
Canadian shares are likely to open on a mixed note Friday morning, tracking the trend in commodities markets and reacting to the nation's employment data and U.S. producer price inflation report, as well earnings updates from Goldman Sachs and Wells Fargo.
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97 days ago
Pound Rises On Upbeat U.K. Factory Data
The British pound weakened against other major currencies in the European session on Friday, after the release of upbeat U.K. monthly factory data and an expected GDP growth in August.
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97 days ago
Sensex Falls 230 Points; Nifty Ends At 24,965
Indian shares ended slightly lower on Friday as TCS' Q2 earnings failed to impress markets.
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97 days ago
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Warren Buffett Cuts Stake In Bank Of America To Below 10%
Billionaire investor Warren Buffett's Berkshire Hathaway Inc. has reduced its stake in Bank of America Corp. to below the key 10 percent regulatory threshold. With this, Berkshire is no longer required to report its related transactions frequently. In a filing with the U.S. Securities and Exchange Commission, Berkshire disclosed the sale of around 9.54 million shares in total.
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97 days ago
European Shares Lack Direction Before China Stimulus Briefing
European stocks struggled for direction on Friday as investors digested mixed regional data and looked ahead to a weekend press briefing from China's finance minister, where details on the country's fiscal policy adjustments geared towards fostering economic revival will be revealed.
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97 days ago
Pound Rises Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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97 days ago
FTSE 100 Little Changed After GDP Data
U.K. stocks were little changed on Friday as official data showed the U.K. economy returned to growth in August, but the pace of expansion was weaker than in the first half of the year.
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97 days ago
CAC 40 Struggles For Direction Before China Stimulus Briefing
French stocks struggled for direction in early trade on Friday as investors waited to see whether Beijing will deliver more fiscal stimulus at a press conference by the finance ministry on Saturday.
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97 days ago
DAX Little Changed After Inflation Data
German stocks were little changed on Friday after new data on U.S. consumer price inflation generated mixed reactions from analysts.
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97 days ago
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