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TSX Ends Flat After Choppy Session
The Canadian market ended flat on Wednesday after a choppy session. The mood was cautious amid speculation the Fed will continue to hold interest rates higher for longer time.
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vor 648 Tagen
South Korea Export Prices Rise 12.8% On Year In July
Export prices in South Korea were up 12.8 percent on year in July, the Bank of Korea said on Thursday.
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vor 648 Tagen
Dollar Gains As Fed Minutes Indicate More Rate Hikes
The U.S. dollar firmed against its major counterparts on Wednesday amid bets the Federal Reserve will hold interest rates higher for longer to contain inflation.
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vor 648 Tagen
U.S. Stocks Close Firmly Down In Negative Territory For 2nd Straight Day
U.S. stocks closed lower on Wednesday, extending losses from the previous session, amid indications the Federal Reserve will continue to hold interest rates higher for longer to contain inflation.
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vor 648 Tagen
U.S. Stocks Turning In Mixed Performance In Cautious Trade
U.S. stocks are turning in a mixed performance on Wednesday, with investors largely making cautious moves amid concerns about the outlook for interest rates.
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vor 648 Tagen
Swiss Market Ends Marginally Lower
The Switzerland stock market ended slightly down on Wednesday, failing to hold early gains.
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vor 648 Tagen
European Stocks Close Mixed After Cautious Session
European stocks turned in a mixed performance on Wednesday with investors assessing UK inflation data, and the outlook for interest rates.
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vor 648 Tagen
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Canadian Market Flat In Cautious Trade
Canadian stocks are turning in a mixed performance on Wednesday with investors assessing the prospects for interest rates, and making largely cautious moves amid concerns about the health of the world's second largest economy.
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vor 648 Tagen
U.S. Dollar Higher In Cautious Trade
The U.S. dollar firmed against its most major counterparts in the New York session on Wednesday, amid China growth worries and uncertainty about the path of interest rates from the Federal Reserve.
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vor 648 Tagen
UK Inflation Hits 17-Month Low On Energy Prices
UK consumer price inflation hit a 17-month low in July on easing energy prices but core inflation stayed unchanged and services cost inflation accelerated, strengthening the case for another interest rate hike in September. Consumer price inflation slowed to 6.8 percent in July, as expected, from 7.9 percent in June, the Office for National Statistics reported Wednesday.
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vor 648 Tagen
Target, TJX Q2 Earnings Top Estimates
Retailers Target and TJX reported Wednesday profits for the second quarter that topped analysts' estimates. Profit soared more than four-fold at Target, reflecting improved gross margins, despite a 4.9 percent drop in revenues. Profit at TJX grew from last year, driven by improved gross margins and revenue growth.
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vor 648 Tagen
Eurozone GDP Logs Growth In Q2
The euro area economy expanded as initially estimated in the second quarter despite tight credit conditions and high inflation damping demand. Gross domestic product registered a sequential growth of 0.3 percent after remaining unchanged in the first quarter, flash estimate from Eurostat showed Wednesday. Year-on-year, economic growth eased to 0.6 percent from 1.1 percent
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vor 648 Tagen
U.S. Housing Starts Show Substantial Rebound In July
New residential construction in the U.S. saw a substantial rebound in the month of July, according to a report released by the Commerce Department on Wednesday.
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vor 648 Tagen
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