Forex News
Dollar Loses Ground Against Major Rivals Ahead Of Key Economic Data
The U.S. dollar stayed mostly weak on Wednesday as traders awaited crucial U.S. inflation data, due later in the week.
RTTNews |
96 days ago
U.S. Dollar Lower Ahead Of Economic Data
The U.S. dollar traded lower against its major counterparts in the New York session on Wednesday, as investors looked ahead to key U.S. data, including a GDP report and inflation readings for more clarity about the Federal Reserve's likely interest rate moves.
RTTNews
|
96 days ago
Swiss Market Ends Moderately Lower
The Switzerland market ended moderately lower on Wednesday amid concerns about the outlook for global economic growth.
RTTNews
|
96 days ago
European Stocks Close Lower As Investors Digest Economic Data, Earnings
European stocks closed lower on Wednesday as investors reacted to earnings announcements from U.S. tech majors and global financial institutions, and looked ahead to some crucial U.S. data, including a GDP report and inflation readings for more clarity about the Federal Reserve's likely interest rate moves.
RTTNews
|
96 days ago
Canadian Dollar Extends Decline After BoC Rate Cut
The Canadian dollar extended decline against its major counterparts in the New York session on Wednesday, as the Bank of Canada reduced its key policy rate further amid easing inflationary pressures.
RTTNews
|
96 days ago
Canadian Market Down Marginally After BoC Rate Decision
Canadian stocks are turning in a mixed performance Wednesday morning, with investors digesting the nation's central bank's interest rate decision, and reacting to a slew of quarterly earnings announcements.
RTTNews
|
96 days ago
U.S. New Home Sales Unexpectedly Decrease To Seven-Month Low In June
The Commerce Department released a report on Wednesday unexpectedly showing a continued decrease by new home sales in the U.S. in the month of June. The report said new home sales fell by 0.6 percent to an annual rate of 617,000 in June after plummeting by 14.9 percent to a revised rate of 621,000 in May.
RTTNews
|
96 days ago
more news
Bank Of Canada Lowers Interest Rates By Another Quarter Point
In a widely expected move, the Bank of Canada on Wednesday announced its decision to lower interest rates by another quarter point. The Bank of Canada said it has reduced its target for the overnight rate by 25 basis points to 4.5 percent, with the bank rate at 4.75 percent and the deposit rate at 4.5 percent.
RTTNews
|
96 days ago
AT&T Q2 Adj. EPS Meets Estimates; Backs FY24 Outlook
Telecom giant AT&T reported Wednesday a net profit for the second quarter that declined 20 percent from last year, primarily hurt by higher depreciation and amortization charges. Adjusted earnings per share met analysts' expectations, while quarterly revenues missed it by a whisker. The company also reiterated its adjusted earnings guidance for the full year 2024.
RTTNews
|
96 days ago
Eurozone Private Sector Recovery Wanes In July
The euro area private sector recovery waned further in July amid deteriorating manufacturing sector performance and softening services activity growth, a survey compiled by S&P Global showed on Wednesday. The HCOB composite output index dropped unexpectedly to 50.1 in July from 50.9 in June. The score was seen at 51.1. A score above 50.0 indicates expansion.
RTTNews
|
96 days ago
Euro Falls As Weak Eurozone PMI Data Spurs ECB Rate Cut Bets
The euro weakened against other major currencies in the European session on Wednesday, as a survey showed business activity in the eurozone slowed further in July, signaling a "near-stagnation" and raising concerns about economic recovery.
RTTNews
|
96 days ago
Silicon Labs Guides Q3 Adj. Loss In Line With Estimates - Quick Facts
While reporting financial results for the second quarter on Wednesday, wireless technology firm Silicon Labs Inc. (SLAB) provided earnings and revenue guidance for the third quarter.
RTTNews
|
96 days ago
Canadian Market May Open Slightly Lower; BoC Rate Decision In Focus
Canadian shares may open lower on Wednesday, tracking weak global cues. The mood is likely to remain cautious ahead of the Canadian central bank's monetary policy announcement. Shares from resources sectors may find some support on higher commodity prices.
RTTNews
|
96 days ago
Stay up to date!
Add News to your browser
Add To Chrome
