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ECB's Lagarde Says Eurozone Inflation Outlook Surrounded By Considerable Uncertainty

ECB's Lagarde Says Eurozone Inflation Outlook Surrounded By Considerable Uncertainty

Euro area price growth outlook continued to be surround by significant uncertainty and it is not yet time to declare the end of the fight against inflation, European Central Bank President Christine Lagarde said Monday. "Looking ahead, we expect the weakening of inflationary pressures to continue, even though headline inflation may rise again slightly in the coming months," Lagarde said.
RTTNews | vor 563 Tagen
Euro Falls Against Majors

Euro Falls Against Majors

The euro slipped against its major counterparts in the European session on Monday.
RTTNews | vor 563 Tagen
U.S. New Home Sales Pull Back More Than Expected In October

U.S. New Home Sales Pull Back More Than Expected In October

The Commerce Department released a report on Monday showing new home sales in U.S. pulled back sharply in the month of October after soaring in September. The report said new home sales plunged by 5.6 percent to an annual rate of 679,000 in October after spiking by 8.6 percent to a downwardly revised rate of 719,000 in September.
RTTNews | vor 563 Tagen
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Bay Street Likely To Open On Cautious Note

Bay Street Likely To Open On Cautious Note

Canadian shares are likely to open on a cautious note on Monday with investors awaiting a slew of key economic data from Canada and the U.S. Concerns about economic slowdown in China and weak crude oil prices are likely to weigh on the market.
RTTNews | vor 563 Tagen
U.S. Dollar Dips Ahead Of Key Data

U.S. Dollar Dips Ahead Of Key Data

The U.S. dollar weakened against its major counterparts in the European session on Monday on bets that the Federal Reserve is done hiking interest rates.
RTTNews | vor 563 Tagen

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