Forex News
New Zealand Trade Data Due On Monday
New Zealand will on Monday release May figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In April, imports were worth NZ$6.32 billion and exports were at NZ$6.42 billion for a trade surplus of NZ$91 million.
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134 days ago
TSX Ends Marginally Down
The Canadian market ended marginally down on Friday after moving in a very narrow range below the flat line, as investors remained reluctant to pick up stocks amid a lack of significant triggers.
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136 days ago
Dollar Stays Firm Against Major Counterparts
The U.S. dollar firmed against its major counterparts on Friday, riding on stronger-than-expected U.S. manufacturing activity report.
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136 days ago
Swiss Market Ends Notably Lower
The Switzerland market ended notably lower on Friday with stocks reeling under pressure right through the day's session amid concerns about the outlook for global economic growth.
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136 days ago
European Stocks Close Lower; Bank Stocks Among Notable Losers
European stocks closed lower on Friday with investors assessing monetary policy decisions of several central banks, and digesting a slew of European and U.S. economic data.
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136 days ago
Canadian Stocks Turning In Mixed Performance; TSX Down Marginally
The Canadian market is down in negative territory on Friday with stocks turning in a mixed performance as investors digest the latest batch of economic data from Canada and the U.S., and assessing the likely interest rate moves by the Federal Reserve.
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136 days ago
U.S. Dollar Advances Following Strong PMI Data
The U.S. dollar was higher against its major counterparts in the New York session on Friday, as the nation's private sector activity accelerated in June, marking the highest level since April 2022.
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136 days ago
more news
U.S. Leading Economic Index Falls More Than Expected In May
A report released by the Conference Board on Friday showed its reading on leading U.S. economic indicators fell by more than expected in the month of May. The Conference Board said its leading economic index decreased by 0.5 percent in May following a 0.6 percent decline in April. Economist had expected the index to dip by 0.3 percent.
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136 days ago
U.S. Existing Home Sales Decrease Roughly In Line With Estimates In May
The National Association of Realtors released a report on Friday showing existing home sales in the U.S. decreased roughly in line with economist estimates in the month of May. The report said existing home sales slid 0.7 percent to an annual rate of 4.11 million in May after tumbling by 1.9 percent to an annual rate of 4.14 million.
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136 days ago
UK Private Sector Grows At Slowest Pace In 7 Months
The UK private sector growth weakened to a seven-month low in June as the slowdown in the service sector growth offset the stronger performance in manufacturing, flash survey results published by S&P Global revealed on Friday. The flash composite output index dropped unexpectedly to 51.7 in June from 53.0 in May. The score was forecast to rise marginally to 53.1.
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136 days ago
UK Public Debt Highest Since 1960s; Budget Deficit Remains Below Estimate
The UK public sector net debt rose to its highest level since early 1960s, while public sector borrowing remained below the official estimate, the Office for National Statistics reported Friday. Public sector net debt excluding public sector banks was estimated at 99.8 percent of gross domestic product at the end of May. This was 3.7 percentage points more than at the end of May 2023.
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136 days ago
Iterum Therapeutics Says FDA Determines To Take NDA For Sulopenem To Advisory Committee
Pharmaceutical company Iterum Therapeutics plc (ITRM) announced Friday that the U.S. Food and Drug Administration (FDA) has determined that the New Drug Application (NDA) for sulopenem etzadroxil/probenecid (oral sulopenem) for the treatment of uncomplicated urinary tract infections (uUTIs) in adult women will be taken to Advisory Committee.
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136 days ago
FactSet Boosts FY24 Earnings Outlook - Update
While reporting financial results for the third quarter on Friday, FactSet Research Systems, Inc. (FDS) raised its earnings and adjusted earnings guidance for the full-year 2024, while trimming revenue outlook.
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136 days ago
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