Forex Nyheter
U.S. Dollar Turns Weak Against Major Counterparts
The U.S. dollar turned weak against its major counterparts on Tuesday, after a few Fed policymakers commented that it would be appropriate to slow down the pace of interest rate increases.
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Swiss Market Ends Slightly Lower After Choppy Ride
The Switzerland stock market ended slightly down after a choppy ride on Tuesday with investors largely refraining from making significant moves.
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European Markets Close Higher As Energy, Mining Stocks Rally
European stocks closed higher on Tuesday, as a rally in commodity prices triggered some hectic buying in materials and energy sectors.
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Energy, Materials Shares Lifting Canadian Market; TSX Up Over 1% At Noon
Despite concerns about geopolitical tensions and economic slowdown, the Canadian market remains firmly up in positive territory a little past noon on Tuesday, led by strong gains in energy and materials sections.
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Abercrombie & Fitch, Dollar Tree, Chico's Fas Q3 Results Top Estimates
U.S. retailers Abercrombie & Fitch, Dollar Tree and Chico's Fas on Tuesday reported results for the third quarter, with Abercrombie & Fitch slipping to a loss, while profit at Dollar Tree and Chico's Fas improving from last year. Both adjusted earnings per share and net sales at Abercrombie & Fitch, Dollar Tree and Chico's Fas topped analysts' estimates.
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Loonie Little Changed After Canada Retail Sales
Following the release of Canada retail sales for September at 8:30 am ET Tuesday, the loonie changed little against its major counterparts.
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Loonie Mixed Ahead Of Canada Retail Sales
Canada retail sales for September are due from Statistics Canada at 8:30 am ET Tuesday. Ahead of the data, the loonie traded mixed against its major counterparts. While the loonie rose against the euro, it was steady against the rest of major rivals.
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more news
Bay Street Likely To Open On Positive Note
Higher crude oil and bullion prices point to a higher open on Bay Street Tuesday morning. Worries about stringent restrictions on movements in certain cities in China due to a surge in new Covid cases might weigh on sentiment and limit market's upside.
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Abercrombie & Fitch Q3 Top Estimates; Boosts FY22 Sales Growth Outlook; Stock Up 15%
Specialty retailer Abercrombie & Fitch Co. (ANF) reported Tuesday a net loss attributable to the company of $2.21 million or $0.04 per share for the third quarter, compared to net income of $47.23 million or $0.77 per share in the prior-year quarter.
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DICK'S Sporting Boosts FY22 Outlook As Q3 Results Top Estimates
While reporting financial results for the third quarter on Tuesday, sporting goods retailer DICK'S Sporting Goods Inc. (DKS) again raised its earnings, adjusted earning and consolidated same store sales guidance for the full-year 2022.
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Chico's FAS Q3 Net Profit Increases; Boosts FY22 Outlook
Fashion retailer Chico's Fas Inc. (CHS) on Tuesday reported net income for the third quarter of $24.62 million or $0.20 per share, higher than $18.23 million or $0.15 per share in the year-ago quarter.
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Global Growth To Slow Amid Mounting Challenges, Says OECD
The global economy faces significant challenges as severe energy crisis pushed up inflation and lowered economic growth all around the globe, necessitating policy actions to combat inflation and targeted fiscal support to vulnerable section, the Organisation for Economic Co-operation and Development said in its Economic Outlook released Tuesday.
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U.S. Dollar Halts Rally Against Majors
The U.S. dollar weakened against its major counterparts in the European session on Tuesday, as less hawkish comments from policymakers of the Federal Reserve weighed on the currency.
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