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Actualités Forex
Conagra Brands Boosts FY23 Adj. EPS Outlook - Update
While reporting financial results for the third quarter on Wednesday, branded food company Conagra Brands, Inc. (CAG) raised its adjusted earnings guidance for the full-year 2023, while trimming annual organic net sales growth outlook.
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Eurozone Private Sector Logs Biggest Growth In 10 Months
Eurozone private sector activity expanded at the fastest pace in ten months in March underpinned by the pickup in manufacturing output and a strong upturn in services activity, thus diminishing fears of recession at the start of the year. The composite output index rose to 53.7 from 52.0 in February, results of the latest purchasing managers' survey by S&P Global showed Wednesday.
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Eagle Pharmaceuticals Reaches Settlement Agreement With Dr. Reddy's Labs Related To BENDEKA
Eagle Pharmaceuticals, Inc. (EGRX) announced Wednesday that it has reached a settlement agreement with Dr. Reddy's Laboratories, Ltd. and Dr. Reddy's Laboratories, Inc. (RDY). Eagle had asserted its Orange Book-listed patents against Dr. Reddy's related to its new drug application referencing BENDEKA.
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Sensex Jumps 583 Points On Hopes Of Fed Policy Pause; Nifty Ends At 17,557
Indian shares posted strong gains on Wednesday as weak U.S. economic data this week curbed expectations for further Fed tightening.
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Canadian Dollar Drops On Growth Worries
The Canadian dollar fell against its most major counterparts in the European session on Wednesday, as weak U.S. factory orders and job openings data raised concerns over a recession.
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European Shares Slip On Inflation, Growth Concerns
European stocks were broadly lower on Wednesday as higher oil prices and weak U.S. data rekindled recession worries.
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FTSE 100 Edges Higher As Services PMI Signals Recovery
U.K. stocks rose on Wednesday after a survey showed the country's services sector continued its recovery in March.
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more news
CAC 40 Slides On Growth Anxiety
French stocks opened a tad lower on Wednesday as rising oil prices clouded the economic outlook.
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DAX Edges Lower Despite Strong Data
German stocks edged lower on Wednesday as weak U.S. data released overnight rekindled recession worries.
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Asian Shares Mixed In Thin Holiday Trade
Asian stocks ended mixed on Wednesday in thin trade, with China mainland and Hong Kong markets closed for a holiday.
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New Zealand Hikes Rate Aggressively To Combat Persistently High Inflation
Despite the weak economic activity, New Zealand's central bank lifted its benchmark rate more aggressively than expected on Wednesday, as inflation remains too high and persistent. The Monetary Policy Committee of the Reserve Bank of New Zealand decided to raise the Official Cash Rate by 50 basis points to 5.25 percent. Markets had expected a quarter point hike.
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NZ Dollar Rises On RBNZ Surprise Rate Hike
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand raised their cash rate target by 50 basis points, more than the consensus expected.
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European Economic News Preview: Eurozone Final Composite PMI Data Due
Final composite Purchasing Managers' survey results from the euro area and the UK and factory orders from Germany are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for February. Orders are forecast to grow 0.3 percent on a monthly basis, but slower than the 1.0 percent gain in January.
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