Forex News
Swiss Market Ends Notably Lower
The Switzerland market ended notably lower on Thursday, in line with markets across Europe, with investors largely tracking earnings updates, and making cautious moves amid uncertainty about the outlook for Fed interest rates.
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4h 14min ago
European Stocks Close Lower As Investors React To Earnings, Economic Data
European stocks closed lower on Thursday with investors digesting a slew of earnings updates and economic data from Europe and the U.S. Data showing a spike in U.S. personal consumption expenditures price index raised concerns the Fed might hold interest rates higher for a longer period.
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4h 33min ago
U.S. Dollar Climbs As Jobless Claims Fall, PCE Inflation Rises
The U.S. dollar appreciated against its major counterparts in the New York session on Thursday, as GDP data showed a hot inflation reading for the first quarter and initial jobless claims fell to a two-month low last week, dashing hopes of a rate cut before September.
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4h 48min ago
U.S. Pending Home Sales Surge 3.4% In March, Much More Than Expected
Pending home sales in the U.S. surged by much more than expected in the month of March, according to a report released by the National Association of Realtors on Thursday. NAR said its pending home sales index spiked by 3.4 percent to 78.2 in March after jumping by 1.6 percent to 75.6 in February. Economists had expected pending home sales to rise by just 0.3 percent.
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6h 56min ago
T-Mobile, EQT Form JV To Acquire Fiber-to-the-home Platform Lumos
T-Mobile (TMUS) and investment firm EQT announced Thursday they have entered into a joint venture (JV) with EQT's Infrastructure VI fund (EQT) that will acquire fiber-to-the-home platform Lumos from EQT's predecessor fund EQT Infrastructure III.
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7h 11min ago
U.S. Pending Home Sales Surge Much More Than Expected In March
Pending home sales in the U.S. surged by much more than expected in the month of March, according to a report released by the National Association of Realtors on Thursday.
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7h 31min ago
U.S. Economic Growth Slows Much More Than Expected In Q1
A report released by the Commerce Department on Thursday showed the U.S. economy grew by much less than expected in the first quarter of 2024. The Commerce Department said gross domestic product increased by 1.6 percent in the first quarter after surging by 3.4 percent in the fourth quarter of 2023. Economists had expected GDP to jump by 2.5 percent.
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7h 44min ago
more news
OSI Systems Q3 Results Top Estimates; Boosts FY24 Adj. EPS Growth Outlook
OSI Systems, Inc. (OSIS) reported on Thursday that net income for the third quarter grew to $34.04 million or $1.95 per share from $21.81 million or $1.27 per share in the prior-year quarter.
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8h 12min ago
PHINIA Reaffirms FY24 Outlook - Update
While reporting financial results for the first quarter on Thursday, PHINIA Inc. (PHIN) reaffirmed its fiscal 2024 guidance for net earnings in a range of $125 million to $160 million on net sales between $3.42 billion and $3.58 billion.
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8h 23min ago
U.S. Weekly Jobless Claims Unexpectedly Dip To Two-Month Low
The Labor Department released a report on Thursday showing an unexpected decrease by first-time claims for U.S. unemployment benefits in the week ended April 20th. The report said initial jobless claims fell to 207,000, a decrease of 5,000 from the previous week's unrevised level of 212,000. The dip surprised economists, who had expected jobless claims to inch up to 214,000.
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8h 26min ago
U.S. GDP Climbs Much Less Than Expected In Q1
A report released by the Commerce Department on Thursday showed the U.S. economy grew by much less than expected in the first quarter of 2024.
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8h 54min ago
California Water Service Group Q1 Results Top Estimates
California Water Service Group (CWT) reported Thursday net income attributable to the company for the first quarter of $69.92 million or $1.21 per share, compared to a net loss of $22.21 million or $0.40 per share in the prior-year quarter.
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8h 57min ago
German Consumer Sentiment To Hit 2-Year High In May
Germany's consumer confidence is set to rise again in May to hit a two-year high as households turned more optimistic about future income, adding to the list of positive indicators that suggests the biggest euro area economy is likely to undergo a very shallow recession. The forward-looking consumer sentiment index rose to -24.2 in May from a revised value of -27.3 in April.
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8h 58min ago
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