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U.S. Import Prices Increase More Than Expected As Fuel Prices Soar

U.S. Import Prices Increase More Than Expected As Fuel Prices Soar

Import prices in the U.S. increased by more than expected in the month of August, according to a report released by the Labor Department on Friday, with the report also showing a much bigger than expected surge in U.S. export prices.
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Salesforce To Reportedly Hire 3300 People After The Layoffs In January

Salesforce To Reportedly Hire 3300 People After The Layoffs In January

Cloud-based software firm Salesforce Inc. (CRM) is set to hire 3,300 people across its various departments following a 10 percent job cut in January, according to a Bloomberg report on Friday. The report cited an interview with CEO Marc Benioff.
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U.S. Import Prices Increase More Than Expected In August

U.S. Import Prices Increase More Than Expected In August

A report released by the Labor Department on Friday showed a bigger than expected increase in U.S. import prices in the month of August as well as a much bigger than expected surge in U.S. export prices.
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Dollar Mixed Ahead Of U.S. Import And Export Prices

Dollar Mixed Ahead Of U.S. Import And Export Prices

U.S. import and export prices for August are due at 8.30 am ET Friday. Ahead of the data, the greenback traded mixed against its major counterparts. While it rose against the franc and the pound, it held steady against the euro and the yen.
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Russia Central Bank Lifts Key Rate By 100 Bps

Russia Central Bank Lifts Key Rate By 100 Bps

Russia's central bank delivered another sharp interest rate hike on Friday, citing crystallizing significant proinflationary risks. The board of directors of the Bank of Russia decided to raise the key rate by 100 basis points to 13.00 percent. The outcome of the meeting widely matched the expectations.
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Bay Street Likely To Open On Firm Note

Bay Street Likely To Open On Firm Note

Canadian shares look headed for a positive start on Friday, tracking European markets and higher commodity prices following encouraging economic data from China and easing concerns about interest rates.
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Euro Advances Against Most Majors

Euro Advances Against Most Majors

The euro was higher against its most major counterparts in the European session on Friday.
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