Forex News
Major European Markets Close On Slightly Negative Note
Major European stock markets ended somewhat weak on Monday, as investors digested quarterly earnings updates from big name European and U.S. companies, and looked ahead to the Federal Reserve's monetary policy.
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4h 23min ago
Pound Firms Against Most Majors
The pound was higher against its most major counterparts in the New York session on Monday.
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5h 8min ago
U.S. Dollar Rebounds Against Some Majors
The U.S. dollar rebounded against some of major counterparts in the New York session on Monday.
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5h 47min ago
Amidst Rate Cut Uncertainty, Dollar Edged Lower Last Week
It was a mixed performance for the U.S. Dollar during the week ended April 26, amidst economic data that revealed growing uncertainties about the Fed's potential easing cycle and a volatile geopolitical situation in the Middle East.
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7h 26min ago
EU Designates Apple's IPadOS As Gatekeeper
The European Commission announced that it has designated Apple Inc.'s operating system for iPads, iPadOS, as a gatekeeper under the Digital Markets Act or DMA as it constitutes an important gateway for business users to reach end users. Apple now has six months to ensure that its iPadOS fully complies with EU's DMA obligations. In pre-market activity on the Nasdaq, Apple shares were gaining...
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7h 26min ago
German Inflation Steady At 2.2%
Germany's consumer prices logged a steady pace of increase in April reflecting the stickiness of inflation despite the disinflationary pressure gaining strength over recent months. The consumer price index posted an annual growth of 2.2 percent, which was the same rate as seen in March and weaker than economists' forecast of 2.3 percent. The current 2.2 percent inflation was the lowest since 2021.
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7h 33min ago
Vale, Samarco, BHP Submit R$127 Bln Settlement Proposal To TRF Related To Failure Of Fundao Dam
Vale S.A. (VALE) revealed on Monday that Vale, Samarco Mineracao S.A. and BHP Billiton Brasil Ltda. have submitted a non-binding, indicative settlement proposal totalling R$127 billion to the Brazilian Federal Court of Appeals of the Sixth Region (TRF) for the settlement of claims by government agencies relating to the failure of the Fundao Dam in Mariana, Minas Gerais, Brazil.
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7h 33min ago
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Bank Of Marin Bancorp Q1 Profit Misses Estimates
Bank of Marin Bancorp (BMRC), parent company of Bank of Marin, reported Monday its net income for the first quarter of fiscal 2024 was $2.92 million or $0.18 per share, compared to $9.44 million or $0.59 per share in the prior-year quarter.
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8h 2min ago
Eurozone Economic Confidence Weakens In April
Euro area economic sentiment deteriorated further in April largely reflecting the difficulties in the industrial sector, survey data revealed on Monday. The economic confidence index dropped to 95.6 in April from 96.2 in the previous month, the European Commission said. The economic sentiment index deteriorated notably in industry, and services, retail trade and construction experienced moder
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8h 29min ago
Collegium Pharma Partners With Hikma For Authorized Generics Of Nucynta In US
Specialty pharmaceutical company Collegium Pharmaceutical, Inc. (COLL) announced Monday it has entered into an authorized generic agreement with Hikma Pharmaceuticals USA Inc., pursuant to which Hikma will have the exclusive right to sell the authorized generic versions of Nucynta and Nucynta ER in the United States.
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8h 33min ago
Owens Corning Receives U.S. Antitrust Approval For Masonite Acquisition
Owens Corning (OC) announced Monday the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) in connection with the company's previously announced acquisition of Masonite International Corp. (DOOR). The expiration of the waiting period occurred at 11:59 p.m. on April 26, 2024.
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8h 40min ago
Seelos Therapeutics Appoints Richard Pascoe As Chairman Of The Board
Biopharmaceutical company Seelos Therapeutics, Inc. (SEEL) announced Monday the appointment of Richard Pascoe as Chairman of the Board of Directors of Seelos to lead the ongoing strategic process and business development discussions and negotiations.
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8h 45min ago
Bay Street Likely To Open On Mixed Note
Canadian shares look headed for a mixed start Monday morning, tracking commodity prices, and digesting quarterly updates from U.S. and Canadian companies. With the Federal Reserve's monetary policy announcement due on Wednesday, the mood is likely to remain a bit cautious.
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8h 54min ago
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