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Actualités Forex
Kroger Reaffirms FY23 Outlook - Update
While reporting financial results for the second quarter on Friday, supermarket chain Kroger Co. (KR) reaffirmed its adjusted earnings and identical sales outlook for the full-year 2023. Identical sales growth for the second quarter, without fuel, increased 1.0 percent, with underlying growth of 2.6 percent.
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Bay Street Likely To Open On Mixed Note
Canadian shares are likely to see a mixed start Friday morning, tracking slightly higher commodity prices and weak Asian and European markets.
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Japanese Yen Lower Against Majors
The Japanese yen fell against its major counterparts in the European session on Friday, as the economy expanded less than initially estimated in the second quarter, supporting expectations that the Bank of Japan will maintain ultra-loose monetary policy for the time being.
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Sensex, Nifty Extend Winning Run
Indian shares extended their winning run to a sixth consecutive session on Friday despite weak cues from global markets.
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French Industrial Production Recovers In July
France's industrial production rose in July, led by a rebound in manufacturing, preliminary data from the statistical office INSEE showed Friday, though the momentum is unlikely to be sustained in the coming months amid weakening demand globally and high interest rates.
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European Shares Extend Losses As Growth, Rate Worries Weigh
European stocks traded lower on Friday to extend recent losses amid concerns over increasing Sino-U.S. tensions, slowing global growth and uncertainty over the path of U.S. monetary policy.
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FTSE 100 Gives Up Early Gains
U.K. stocks drifted lower on Friday, giving up early gains on lingering worries about inflation and interest rates.
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more news
CAC 40 Edges Lower Amid Fed Rate Hike Uncertainty
French stocks fell on Friday, with concerns over increasing Sino-U.S. tensions, slowing global growth and uncertainty over the path of U.S. monetary policy keeping investors nervous.
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Walmart Cuts Starting Pay For Some Entry-level Store Workers
Walmart has trimmed the starting pay for certain newly hired employees who prepare online orders and stock shelves, reports said. The move by the retail behemoth, amid rising labor costs, is said to be aimed at efforts to improve staffing. Starting wages were reduced in July for newly joining personal shoppers and stockers who help prepare orders for curbside pickup or delivery.
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DAX Slips After Inflation Data
German stocks traded lower on Friday after data showed inflation slowed marginally in August as estimated but the rate remained elevated due to the increases in energy and food prices.
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Asian Shares Slide On China Growth Concerns
Asian stocks fell on Friday amid lingering worries about tighter U.S. Federal Reserve policy and slowing global growth.
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Germany Inflation Eases To 6.1% As Estimated
Germany's inflation slowed marginally in August as estimated but the rate remained elevated due to the increases in energy and food prices, final data from Destatis revealed on Friday. Consumer price inflation slowed to 6.1 percent in August from 6.2 percent in July. The statistical office confirmed the provisional estimate published on August 30.
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Canadian Dollar Edges Up Against Most Majors
The Canadian dollar edged up against its most major counterparts in the pre-European session on Friday.
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