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U.S. Dollar Weakens As ISM Services PMI Unexpectedly Edges Lower
The U.S. dollar dropped against its major counterparts in the New York session on Wednesday, as the nation's service sector growth unexpectedly slowed in the month of March.
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525 दिनों पहले
Energy, Materials Stocks Lifting Canadian Market
The Canadian market is modestly higher around noon on Wednesday, lifted by gains in healthcare, materials and energy sectors.
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525 दिनों पहले
U.S. Service Sector Growth Unexpectedly Slows In March
Service sector growth in the U.S. unexpectedly slowed in the month of March, the Institute for Supply Management revealed in a report released on Wednesday. The ISM said its services PMI dipped to 51.4 in March from 52.6 in February. While a reading above 50 still indicates growth in the sector, economists had expected the index to inch up to 52.7.
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U.S. Crude Oil Inventories Unexpectedly Show Another Jump
Crude oil inventories in the U.S. unexpectedly saw another significant increase in the week ended March 29th, according to a report released by the Energy Information Administration on Wednesday. The EIA said crude oil inventories shot up by 3.2 million barrels last week, matching the surge seen in the previous week.
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U.S. Services PMI Unexpectedly Edges Lower In March
Service sector growth in the U.S. unexpectedly slowed in the month of March, the Institute for Supply Management revealed in a report released on Wednesday.
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525 दिनों पहले
U.S. Private Sector Job Growth Exceeds Estimates In March
Payroll processor ADP released a report on Wednesday showing stronger than expected private sector job growth in the U.S. in the month of March. ADP said private sector employment jumped by 184,000 jobs in March after climbing by an upwardly revised 155,000 jobs in February. Economists had expected private sector employment to increase by 148,000 jobs.
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U.S. Mortgage Applications Show Another Weekly Decrease
Mortgage applications saw further downside in the week ended March 29th, according to a report released by the Mortgage Bankers Association on Wednesday.
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Eurozone Inflation Adds To Chances Of Rate Cut In June
Eurozone consumer price inflation as well as core price growth softened in March raising the likelihood of an interest rate cut by the European Central Bank in June, which would mark an end to the aggressive tightening cycle seen in the past few years.The harmonized index of consumer prices registered an increase of 2.4 percent annually, slower than the 2.6 percent rise in February, flash data f
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Guess? And WHP Global Closes Acquisition Of Rag & Bone
Guess?, Inc. (GES) and global brand management firm WHP Global announced Wednesday that they have completed the previously announced acquisition of New York based fashion brand rag & bone.
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EXL Appoints Rohit Kapoor To Succeed Vikram Pandit As Board Chair
Data analytics company EXL [EXLS] announced Wednesday changes to its board of directors and management structure to better position the company for continued growth as it enhances its focus on data and AI. The changes became effective April 1, 2024.
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UroGen Pharma Files Patent Infringement Lawsuit Against Teva Pharma
Biotech company UroGen Pharma Ltd. (URGN) announced Wednesday that it has filed a lawsuit in the U.S. District Court for the District of Delaware against Teva Pharmaceuticals, Inc., Teva Pharmaceuticals USA, Inc., and Teva Pharmaceutical Industries, Ltd. (TEVA), alleging infringement of U.S. Patent Numbers 9,040,074 and 9,950,069.
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U.S. Private Sector Employment Jumps More Than Expected In March
Payroll processor ADP released a report on Wednesday showing stronger than expected private sector job growth in the U.S. in the month of March.
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525 दिनों पहले
Bay Street May Open Higher On Firm Commodity Prices
Canadian shares may open higher on Wednesday thanks to firm crude oil and gold prices. Data on Canadian services sector activity during the month of March is in focus.
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