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U.S. Dollar Dips As Fed Chair Powell Hints At Smaller Rate Hikes
The U.S. dollar weakened against its major rivals in the European session on Thursday, following Federal Reserve Chair Jerome Powell's comments indicating a slower pace of rate hikes from this month.
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852 gün önce
Eurozone Manufacturing Sector Logs Another Contraction
Eurozone manufacturing activity continued its downward trend in November but the rates of decline in output and new orders were less aggressive than seen a month ago, final data from S&P Global showed on Thursday. The final manufacturing Purchasing Managers' Index rose to a two-month high of 47.1 in November from 46.4 in the previous month. The flash reading was 47.3.
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852 gün önce
Kroger Again Boosts FY22 Outlook - Update
While reporting financial results for the third quarter on Thursday, supermarket chain Kroger Co. (KR) again raised its adjusted earnings and identical sales outlook for the full-year 2022.
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852 gün önce
Patterson Cos. Q2 Profit Rises, Tops Estimates; Reaffirms FY23 Outlook
Patterson Cos. Inc. (PDCO) reported Thursday that second-quarter net income attributable to the company grew to $54.07 million or $0.55 per share from $48.33 million or $0.49 per share in the prior-year quarter.
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853 gün önce
TD Bank Group Q4 Profit Surges; Results Top Estimates
TD Bank Group (TD, TD.TO) on Thursday reported fourth-quarter net income available to common shareholders of C$6.56 billion or C$3.62 per share, up sharply from C$3.72 billion or C$2.04 per share in the year-ago quarter.
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853 gün önce
Sensex, Nifty Scale New Highs On Powell's Dovish Remarks
Indian shares eked out modest gains on Thursday to extend gains for an eighth consecutive session and reach new record highs, as Fed Chair Jerome Powell signaled a potential slowing of interest rate hikes and two major Chinese cities relaxed some COVID restrictions in efforts to reduce public discontent.
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853 gün önce
European Shares Mostly Higher As Powell Hints At Smaller Rate Hikes
European stocks were broadly higher on Thursday, with Fed Chair Jerome Powell's dovish remarks on the pace of rate hikes and signs of easing COVID curbs in China helping underpin investor sentiment.
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853 gün önce
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FTSE 100 Edges Higher On Fed Rate Optimism
U.K. stocks rose slightly on Thursday as Fed Chair Jerome Powell's dovish remarks on the pace of rate hikes offset disappointing house price data.
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853 gün önce
UK House Prices Log Biggest Decline Since Mid-2020: Nationwide
UK house prices posted its biggest decline since June 2020 reflecting the loss of momentum in the property market amid the stretched housing affordability, data published from the Nationwide Building Society showed Thursday. House prices dropped by a more-than-expected 1.4 percent on a monthly basis in November, after easing 0.9 percent in October.
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853 gün önce
CAC 40 Edges Higher In Cautious Trade
French stocks edged up slightly on Thursday as investors reacted to dovish-sounding remarks by Federal Reserve Chair Jerome Powell and signs of easing COVID-19 curbs in China.
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853 gün önce
DAX Rises Despite Weak Retail Sales Data
German stocks rose on Thursday as Fed Chair Jerome Powell signaled a potential slowing of interest rate hikes and two major Chinese cities relaxed some COVID restrictions in efforts to reduce public discontent.
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853 gün önce
Asian Shares Rise On Powell's Dovish Tilt, Easing China Curbs
Asian stocks rose notably on Thursday after Federal Reserve Chair Jerome Powell hinted at slowing the pace of rate hikes and the giant Chinese cities of Guangzhou and Chongqing announced an easing of COVID curbs in the wake of nationwide rallies calling for an end to lockdowns.
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853 gün önce
Australian Dollar Advances On Fed Powell's Less Hawkish Comments
The Australian dollar climbed against its most major counterparts in the Asian session on Thursday, as U.S. Federal Reserve Chair Jerome Powell reiterated that the central bank would moderate the pace of rate increases as soon as December.
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853 gün önce
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