Forex News
U.S. Dollar Higher Following Strong PCE Inflation Data
The U.S. dollar moved up against its major counterparts in the New York session on Friday, as the Federal Reserve's preferred measure of inflation, the personal consumption expenditures price index, exceeded expectations on an annual basis in March.
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4h 30min ago
Swiss Market Ends On Firm Note On Positive Global Cues
The Switzerland market ended on a firm note on Friday, tracking positive global cues after U.S. technology majors Microsoft and Alphabet reported strong quarterly earnings.
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4h 35min ago
European Stocks Close On Strong Note As Investors Cheer Earnings Updates
European stocks closed on a firm note on Friday with investors cheering a slew of strong earnings updates from U.S. big names Alphabet and Microsoft, and a few European companies, and shrugging of interest rate concerns for now.
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4h 56min ago
U.S. Consumer Sentiment Dips More Than Previously Estimated In April
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by more than previously estimated in the month of April. The University of Michigan said its consumer sentiment index for April was downwardly revised to 77.2 from a preliminary reading of 77.9.
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7h 36min ago
CPSC Recalls: Earmuffs, Racer Car Toys, Log Splitters And Cylinder Kits, Hampshire Cribs, Air Rifles
The U.S. Consumer Product Safety Commission or CPSC has announced recalls including earmuffs, racer car toys, log splitters and cylinder kits, hampshire cribs, and air rifles, citing various reasons. 3M Co. has recalled Peltor X4 Series Earmuffs citing risk of overexposure to loud noise and sound, while Santa Monica, California -based JAKKS Pacific Inc. has called back children's Mario Kart...
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7h 41min ago
U.S. Consumer Prices Rise 0.3% In March, Annual Growth Accelerates To 2.7%
Closely watched readings on inflation released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of March. The Commerce Department said its consumer price index rose by 0.3 percent in March, matching the increase seen in February as well as economist estimates.
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8h 26min ago
Gilead Sciences Says FDA OK's Updated Label Of Biktarvy To Treat Pregnant People With HIV-1
Gilead Sciences, Inc. (GILD) announced Friday the U.S. Food and Drug Administration (FDA) approved an updated label with additional data reinforcing the safety and efficacy profile of Biktarvy (bictegravir 50 mg/emtricitabine 200 mg/tenofovir alafenamide 25 mg tablets, B/F/TAF) to treat pregnant people with HIV-1 (PWH) with suppressed viral loads.
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8h 50min ago
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U.S. Consumer Prices Rise In Line With Estimates In March
Closely watched readings on inflation released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of March.
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9h 12min ago
Bay Street Seen Opening Higher; U.S. PCE Index Reading In Focus
Higher U.S. and Canadian futures, and firm commodity prices point to a positive opening for stocks on Bay Street Friday morning.
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9h 28min ago
U.S. Silica To Be Taken Private By Apollo In $1.85 Bln Deal
Industrial minerals company U.S. Silica Holdings, Inc. (SLCA) announced Friday that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo (APO) in an all-cash transaction that values the Company at an enterprise value of approximately $1.85 billion.
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10h 18min ago
XP Promotes Victor Mansur To Succeed Bruno Constantino As CFO
Brazilian technology-driven platform XP Inc. (XP) announced Friday that Victor Mansur has been appointed Chief Financial Officer effective August 1, 2024, succeeding Bruno Constantino.
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10h 36min ago
Sensex, Nifty Snap Five-day Winning Streak
Indian shares fell sharply on Friday as investors fretted about weakening growth and stubborn inflationary pressures in the U.S., the world's largest economy.
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11h 15min ago
European Shares See Cautious Gains Ahead Of US Core PCE Reading
European stocks were seeing modest gains in cautious trade on Friday after U.S. tech giants Microsoft and Alphabet posted strong quarterly earnings and an ECB survey showed Euro zone consumers lowered their expectation for inflation over the next 12 months in March.
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12h 11min ago