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Canadian Market Moderately Higher After BoC Rate Decision, U.S. Inflation Data
The Canadian market is moderately higher Wednesday morning with investing digesting the Bank of Canada's interest rate decision, and reacting positively to tamer-than-expected U.S. inflation data.
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Bank Of Canada Raises Interest Rates Amid Lingering Inflation Concerns
Citing persistent underlying price pressures, the Bank of Canada on Wednesday announced its decision to raise interest rates by another quarter point. The Bank of Canada increased its target for the overnight rate to 5.0 percent, with the bank rate at 5.25 percent and the deposit rate at 5.0 percent.
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U.S. Consumer Prices Rise 0.2% In June, Slightly Less Than Expected
Consumer prices in the U.S. increased by slightly less than expected in the month of June, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index rose by 0.2 percent in June after inching up by 0.1 percent in May. Economists had expected consumer prices to climb by 0.3 percent.
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JBS Announces Proposal To Dual List In Brazil And US
Food company JBS S.A. (JBSAY.PK) announced a proposal to list company shares on the Sao Paulo Stock Exchange, using Brazilian Depository Receipts (BDRs), and the New York Stock Exchange, in order to better reflect the company's global presence and unlock value for shareholders.
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U.S. Consumer Prices Rise Slightly Less Than Expected In June
Consumer prices in the U.S. increased by slightly less than expected in the month of June, according to a report released by the Labor Department on Wednesday.
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Před 677 dny
Dollar Drops Following U.S. CPI
Following the release of U.S. CPI for June at 8.30 am ET Wednesday, the greenback fell against its major counterparts.
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Dollar Mixed Ahead Of U.S. CPI
At 8.30 am ET Wednesday, U.S. CPI for June is set for release. Ahead of the data, the greenback traded mixed against its major counterparts. While it advanced against the euro and the pound, it held steady against the yen and the franc.
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more news
Bay Street Seen Opening Higher; BoC Rate Decision, U.S. Inflation Data In Focus
Canadian shares look headed for a positive start on Wednesday, tracking firm European stocks and higher commodity prices.
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ShiftPixy Prices Public Offering Of 2.07 Mln Units At $1.50 Per Unit; Stock Plunges 34%
ShiftPixy, Inc. (PIXY), a worker engagement and management platform, announced the pricing of its "reasonable best efforts" public offering of 2.07 million units at a public offering price of $1.50 per unit.
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Před 677 dny
Domino's Inks New Global Agreement With Uber For Pizza Delivery Through Uber Eats And Postmates Apps
Domino's Pizza Inc. (DPZ) announced Wednesday a new global agreement with Uber Technologies, Inc. (UBER) that will enable U.S. customers to order Domino's products through the Uber Eats and Postmates apps with delivery by the trained delivery experts of Domino's and its franchisees.
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Před 677 dny
Indian Rupee Rises To 1-week High Against U.S. Dollar
The Indian rupee climbed against the U.S. dollar in evening deals on Wednesday, as the latter was subdued amid expectations that U.S. inflation data due out later in the day will show moderation in price pressures.
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Sensex, Nifty End Choppy Session Lower Ahead Of Data, Earnings
Indian shares fluctuated before finishing lower on Wednesday as investors awaited key earnings as well as domestic industrial output and inflation data for direction.
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Před 677 dny
Yen Rises Amid Speculations On BOJ Rate Hike
The Japanese yen strengthened against other major currencies in the European session on Wednesday, as traders' speculate that the Bank of Japan will adjust its ultra-dovish monetary policy in the policy board meeting to be held later this month.
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Před 677 dny
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