Dollar Loses Ground On Soft Inflation Data

U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May

Consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month of May, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index dipped to 50.8 in May after slumping to 52.2 in April. Economists had expected the index to inch up to 53.4.

RTTNews | vor 22 Minuten

U.S. Import, Export Prices Unexpectedly Inch Higher In April

The Labor Department released a report on Friday unexpectedly showing modest increases by both U.S. import and export prices in the month of April. The report said import prices crept up by 0.1 percent in April after falling by a downwardly revised 0.4 percent in March.

RTTNews | vor 24 Minuten

U.S. Housing Starts Rebound Less Than Expected In April, Building Permits Pull Back Sharply

While the Commerce Department released a report on Friday showing a rebound by new residential construction in the U.S. in the month of April, the report also showed a substantial pullback by building permits during the month.

RTTNews | vor 28 Minuten

Eurozone Trade Surplus Surges On Exports To US

The euro area trade surplus grew strongly in March as exports to the U.S increased sharply ahead of the expected increase in trade tariffs. The trade balance showed a surplus of EUR 36.8 billion compared to a EUR 22.8 billion surplus in the same period last year, Eurostat reported Friday.

RTTNews | vor 1Std 14 Minuten

Richemont Shares Gain On Higher FY25 Results, Dividend Hike

Shares of Richemont SA were gaining around 6 percent in the Swiss trading after the Cartier owner reported higher net profit and sales in its fiscal 2025 on strong Jewellery performance. Meanwhile, earnings from continuing operations was lower than last year amid weak China results. Further, the luxury goods firm declared higher dividend.

RTTNews | vor 1Std 20 Minuten

U.S. Import, Export Prices Unexpectedly Inch Up 0.1% In April

The Labor Department released a report on Friday unexpectedly showing modest increases by U.S. import and export prices in the month of April.

RTTNews | vor 2Std 0 Minuten

EU Seeks Public Feedback On Microsoft's Proposed Changes To Teams In Antitrust Probe

The European Commission has invited public response regarding Microsoft Corp.'s offers to address competition concerns related to Teams. In a statement, the EU agency noted that the tech major has offered commitments, among others, to sell its Office product without communication and collaboration product Teams at a lower price than Office with Teams.

RTTNews | vor 2Std 3 Minuten

Bay Street Likely To Extend Gains

Canadian shares are likely to extend recent gains as the mood is likely to remain positive Friday morning amid easing tensions about tariffs.

RTTNews | vor 2Std 5 Minuten

EURUSD	1.11604	GBPUSD	1.32587	AUDUSD	0.63972
USDJPY	146.002	USDCAD	1.39762	USDCHF	0.83934

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Dollar Loses Ground On Soft Inflation Data