Forex News
German Unemployment Rises More Than Forecast
Germany's unemployment increased more than expected in July as the weaker economy damped job creation at the onset of summer break. The number of people out of work increased 18,000 from June, when joblessness climbed sharply by 20,000, data from the Federal Labor Agency showed on Wednesday. The July's increase was bigger than forecast of 15,000.
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148 days ago
Bay Street Likely To Open Higher; Fed Policy Eyed
Canadian shares look in headed for a positive start Wednesday morning, tracking higher oil and bullion prices, and firm European stocks. Investors now await the Federal Reserve's monetary policy announcement due later in the day, for clues about an interest rate cut in September.
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148 days ago
U.S. Private Sector Employment Increases Less Than Expected In July
Private sector employment in the U.S. increased by less than expected in the month of July, according to a report released by payroll processor ADP on Wednesday.
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148 days ago
Waters Slashes FY24 Outlook - Update
While reporting financial results for the second quarter on Wednesday, specialty measurement company Waters Corp. (WAT) slashes its adjusted earnings and sales growth outlook for the full-year 2024 and provided guidance for the third quarter, which was below analysts' estimates.
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148 days ago
Automatic Data Processing Initiates FY25 Outlook - Update
While reporting financial results for the fourth quarter on Wednesday, technology company Automatic Data Processing Inc. (ADP) initiated its earnings, adjusted earnings and revenue growth guidance for the full-year 2025.
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148 days ago
Kraft Heinz Reaffirms FY24 Adj. EPS Outlook - Update
While reporting financial results for the second quarter on Wednesday, Kraft Heinz Co. (KHC) reaffirmed its adjusted earnings and organic net sales growth guidance for the full-year 2024.
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148 days ago
BorgWarner Boosts FY24 Earnings, Trims Sales Outlook - Update
While reporting financial results for the second quarter on Tuesday, technology solutions provider BorgWarner Inc. (BWA) raised its earnings and adjusted earnings for the full-year 2024, while trimming annual net sales outlook.
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148 days ago
more news
Sensex, Nifty End Slightly Higher As Investors Await Fed Meeting Outcome
Indian shares eked out modest gains on Wednesday as investors eagerly awaited the Federal Reserve's monetary policy decision later in the day for direction.
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148 days ago
HSBC Stock Up On Q2 Pre-tax Profit Growth, Outlook Lift, $3 Bln Buyback
Shares of HSBC Holdings Plc were gaining more than 4 percent on the London Stock Exchange as well as in pre-market activity on the NYSE after the British lending major on Wednesday reported higher pre-tax profit, despite weak revenues. The company also lifted fiscal 2024 banking net interest income outlook, and also said it intends to initiate a share buy-back of up to $3 billion...
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148 days ago
European Shares Rally As Earnings Bring Cheer
European stocks advanced on Wednesday, with China stimulus hopes and encouraging earnings boosting investor sentiment ahead of the Federal Reserve's interest-rate decision later in the day.
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148 days ago
FTSE 100 Rallies On Earnings
U.K. stocks traded sharply higher on Wednesday, with China stimulus hopes and a slew of encouraging earnings boosting sentiment.
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148 days ago
CAC 40 Rallies On China Stimulus Hopes
French stocks rose sharply on Wednesday, with China stimulus hopes and encouraging earnings boosting investor sentiment ahead of the Federal Reserve's interest-rate decision later in the day.
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148 days ago
DAX Climbs On Solid Earnings
German stocks traded higher on Wednesday as investors digested encouraging earnings results and awaited central bank decisions in the U.S. and U.K.
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148 days ago
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