Forex Nyheter
Soft Start Predicted For South Korea Stock Market
The South Korea stock market has moved higher in two straight sessions, advancing more than 125 points or 5 percent in that span. The KOSPI now sits just beneath the 2,570-point plateau although it may be stuck in neutral on Thursday.
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Taiwan Trade Data Due On Thursday
Taiwan will on Thursday release July figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
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TSX Fails To Retain Early Gains, Ends Moderately Lower
Despite opening on a bright note and holding in positive territory till around mid afternoon, the Canadian market ended lower on Wednesday as stocks wilted under pressure amid concerns about the outlook for the U.S. economy.
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Dollar Mostly Steady, Gains Against Some Major Counterparts
The U.S. dollar climbed up on Wednesday as bond yields rose, and the yen weakened after the Deputy Governor of Bank of Japan won't hike interest rates when financial markets are volatile.
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Swiss Market Ends On Upbeat Note
The Switzerland market ended on an upbeat note on Wednesday as investors tracked positive cues from global markets and kept picking up stocks right through the day's session.
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ECB's Rehn Says Rate Cuts Can Continue If Confidence In Inflation Slowdown Strengthens
The European Central Bank can continue lowering interest rates if there is increased confidence among policymakers that inflation is slowing, ECB Governing Council member and Bank of Finland governor Olli Rehn said Wednesday. More rate cuts cannot hurt the fragile economic growth and the subdued investment, especially in industry, Rehn said in a speech in the Finnish city Mikkeli.
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European Markets Close On Firm Note As Stocks Surge Higher On Bargain Hunting
European stocks moved higher on Wednesday as global markets extended gains from the previous session with investors shrugging off fears of recession and focusing on earnings and reacting to the latest batch of economic data.
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more news
Swiss Franc Declines Against Majors
The Swiss franc fell against its major counterparts in the New York session on Wednesday.
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Canadian Market Up Firmly At Noon As Technology, Energy Stocks Rally
The Canadian market is up firmly in positive territory around noon on Wednesday thanks to some hectic buying in the technology sector on encouraging earnings. Energy stocks are contributing as well to market's smart rebound.
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Disney Lifts FY24 Earnings Growth View As Q3 Beats Market; But Stock Drops
Media and entertainment major Walt Disney Co. on Wednesday raised its fiscal 2024 adjusted earnings growth target after reporting a significant profit in its third quarter, compared to prior year's loss. Adjusted earnings for the quarter also topped market estimates on higher revenues. Meanwhile, Disney shares were losing around 4.1 percent on the NYSE..
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Icahn Enterprises Q2 Net Loss Widens
Icahn Enterprises L.P. (IEP) reported Wednesday a net loss attributable to Icahn Enterprises for the second quarter of $331 million or $0.72 per depositary unit, wider than $269 million or $0.72 per depositary unit in the prior-year quarter.
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German Industrial Production Recovers On Automobiles; Exports Disappoint
Germany's industrial output rebounded in June on automobile production, while exports posted a sharper-than-expected decrease amid a moderate rise in imports, pushing the trade surplus down, official data revealed Wednesday. Industrial output grew 1.4 percent on month in June, partially offsetting the revised 3.1 percent rise in May, Destatis reported. Production was expected to climb 1.0 perce
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Tredegar Swings To Profit In Q2
Industrial manufacturer Tredegar Corp. (TG) reported Wednesday net income for the second quarter was $8.79 million or $0.26 per share, compared to a net loss of $18.92 million or $0.56 per share in the prior-year quarter.
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