Actualités Forex

U.S. Dollar Rallies On Banking Fears

The U.S. dollar advanced against its most major counterparts in the European session on Wednesday amid risk aversion, as shares of Credit Suisse tumbled after its top shareholder ruled out providing more funds to the troubled lender.
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Apple To Delay Bonuses For Some Employees, Limit Hiring

Apple To Delay Bonuses For Some Employees, Limit Hiring

Apple Inc. will delay bonuses for some corporate divisions and will also limit hiring for more jobs as it expands cost-cutting efforts, Bloomberg reported citing people familiar with the matter. The tech giant will reduce the frequency of bonuses for a portion of Apple's corporate workforce, as it expects to cut costs amid weak financials.
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U.S. Producer Prices Unexpectedly Edge Slightly Lower In February

U.S. Producer Prices Unexpectedly Edge Slightly Lower In February

Producer prices in the U.S. unexpectedly edged slightly lower in the month of February, according to a report released by the Labor Department on Wednesday. The Labor Department said its producer price index for final demand slipped by 0.1 percent in February after rising by a downwardly revised 0.3 percent in January.
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U.S. Retail Sales Dip Amid Sharp Pullback In Auto Sales

U.S. Retail Sales Dip Amid Sharp Pullback In Auto Sales

After reporting a sharp increase in U.S. retail sales in the previous month, the Commerce Department released a report on Wednesday showing sales pulled back by slightly more than expected in the month of February. The Commerce Department said retail sales fell by 0.4 percent in February after spiking by an upwardly revised 3.2 percent in January.
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French Inflation Hits Record High

French Inflation Hits Record High

France's harmonized inflation rose more than initially estimated in February to hit a record high on higher food prices and services cost, final data from the statistical office INSEE showed on Wednesday. EU harmonized inflation advanced to 7.3 percent from 7.0 percent in the previous month. The rate was revised up from 7.2 percent estimated on February 28.
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Bay Street Likely To Open On Weak Note

Bay Street Likely To Open On Weak Note

Canadian shares are likely to open on a negative note on Thursday, tracking a sell-off in European markets, and weak crude oil prices, amid rising concerns about the crisis in the financial sector.
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BIT Mining To Sell Remaining Shares In Crypto Flow HK$18.31 Mln

BIT Mining To Sell Remaining Shares In Crypto Flow HK$18.31 Mln

Cryptocurrency mining company BIT Mining Ltd (BTCM) announced Wednesday that the Company entered into a share sale and purchase agreement with an unaffiliated third party, pursuant to which the Company agreed to sell, and the Buyer agreed to purchase, all of the Company's remaining share ownership in Crypto Flow Technology Ltd., previously known as Loto Interactive Ltd.
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