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Actualités Forex
Swiss Market Ends Higher Again
The Switzerland stock market ended on a firm note on Friday, in line with markets across Europe, as investors indulged in some buying amid easing concerns about monetary policy tightening and inflation, and some encouraging earnings updates from top U.S. banks.
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European Stocks Turn In Another Good Performance, End On Firm Note
European stocks continued their winning streak as easing concerns about policy tightening, and strong earnings from some top U.S. banks helped underpin sentiment on Friday.
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U.S. Business Inventories Rise 0.2% In February, Slightly Less Than Expected
Business inventories in the U.S. saw a modest increase in the month of February, according to a report released by the Commerce Department on Friday. The Commerce Department said business inventories edged up by 0.2 percent in February after slipping by a revised 0.2 percent in January.
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U.S. Dollar Climbs Amid Fed Waller's Hawkish Remarks
Erasing early losses, the U.S. dollar strengthened against its major counterparts in the New York session on Friday, as comments from Federal Reserve Governor Christopher Waller indicated the likelihood of further monetary policy tightening to bring down inflation.
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U.S. Consumer Sentiment Improves April, Year-Ahead Inflation Expectations Jump
Preliminary data released by the University of Michigan on Friday showed a modest improvement in U.S. consumer sentiment in the month of April. The report showed the consumer sentiment index rose to 63.5 in April from 62.0 in March. Economists had expected the index to inch up to 62.7.
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U.S. Industrial Production Climbs More Than Expected As Utilities Output Spikes
Industrial production in the U.S. increased by more than expected in the month of March, according to a report released by the Federal Reserve on Friday. The Fed said industrial production climbed by 0.4 percent in March after edging up by a revised 0.2 percent in February.
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U.S. Import Prices Fall 0.6% In March, Plunge 4.6% Year-Over-Year
The Labor Department released a report on Friday showing U.S. import prices fell by much more than expected in the month of March. The report said import prices slid by 0.6 percent in March after slipping by a revised 0.2 percent in February.
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more news
Tesla Cuts Vehicle Prices In Europe To Boost Demand
Luxury electric major Tesla Inc. has slashed the price of its vehicles in Europe, including Germany and France, aiming to boost demand, amid an improvement in its production capacity. The price cut for all versions of the Model 3, Model S, and Model X ranges between 4.5 percent and 9.8 percent, reports said. Expanding an aggressive global pricing strategy, the company has also slashed prices...
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U.S. Retail Sales Slump 1.0% In March, Much More Than Expected
A report released by the Commerce Department on Friday showed U.S. retail sales fell by much more than expected in the month of March. The Commerce Department said retail sales tumbled by 1.0 percent in March after dipping by a revised 0.2 percent in February.
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U.S. Import Prices Fall Much More Than Expected In March
The Labor Department released a report on Friday showing U.S. import prices fell by much more than expected in the month of March.
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U.S. Retail Sales Slump Much More Than Expected In March
A report released by the Commerce Department on Friday showed U.S. retail sales fell by much more than expected in the month of March.
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Bay Street Seen Opening With Positive Bias
The Canadian market is likely to open higher Friday morning, tracking steady European markets, crude oil prices, and strong earnings updates from U.S. banks JP Morgan and Wells Fargo.
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AWS Unveils Bedrock Service For Generative AI
Amazon Web Services, the cloud computing unit of Amazon, has introduced a cloud service called Bedrock for use in generative artificial intelligence or generative AI, a newer form of machine learning. The new service lets developers use and customize AI tools that generate text or images.
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