Actualités Forex

Bay Street Likely To Open On Mixed Note

Canadian shares may open on a mixed note on Thursday with investors looking for fresh direction, after the market closed the previous session on a firm note following the Bank of Canada's decision to cut interest rates by 50 basis points. Energy stocks may find support thanks to higher oil prices.
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Target Offers Holiday Countdown Sale, Christmas Eve Delivery

Target Offers Holiday Countdown Sale, Christmas Eve Delivery

Discount retailer Target Corp. announced its Holiday Countdown Sale from December 12 through 14, and exclusive deals of up to 40% off through December 24. Further, Christmas Eve same-day delivery for orders are available for the last-minute holiday shoppers. The company is offering incredible same-day fulfillment options including straight to guests' home or to friends and family.
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Adobe Q4 Earnings Beat Market, Sees Growth Ahead; But Shares Hit

Adobe Q4 Earnings Beat Market, Sees Growth Ahead; But Shares Hit

Software major Adobe Inc. issued positive outlook for first quarter and fiscal 2025 earnings and revenues, after reporting higher fourth-quarter results above market. Meanwhile, the shares declined around 9 percent in the after-hours trading on Wednesday, and is currently down around 11 percent in the pre-market activity on the Nasdaq.
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Swiss Franc Falls On SNB's Surprise Rate Cut

Swiss Franc Falls On SNB's Surprise Rate Cut

The Swiss franc weakened against other major currencies in the European session on Thursday, after the Swiss National Bank reduced its benchmark rate by a sharper-than-expected 50 basis points to curb the strength of the Swiss franc.
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Swiss Central Bank Cuts Policy Rate By 50 Bps

Swiss Central Bank Cuts Policy Rate By 50 Bps

Amid easing inflationary pressures, the Swiss National Bank reduced its benchmark rate by a sharper-than-expected 50 basis points to curb the strength of the Swiss franc. At the first policy meeting of Martin Schlegel as chairman, the policy rate was lowered to 0.50 percent from 1.00 percent. The new rate takes effect on December 13.
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DAX Edges Higher As Swiss National Bank Announces Big Rate Cut

DAX Edges Higher As Swiss National Bank Announces Big Rate Cut

German stocks edged up slightly on Thursday as the Swiss National Bank cut its interest rate by 50 basis points, its biggest reduction in almost 10 years amid an ongoing tussle with depressed inflation and a strong Swiss franc.
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European Economic News Preview: ECB To Lower Rates Again

European Economic News Preview: ECB To Lower Rates Again

The monetary policy announcements from the European Central Bank and the Swiss National Bank are the top events due on Thursday. The ECB is widely expected to cut its benchmark rates by 25 basis points for the third consecutive meeting, citing weaker economic growth and moderating inflation.
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