外匯新聞

TSX Snaps 4-day Winning Streak, Ends Sharply Lower

After a four-day winning streak, the Canadian market ended sharply lower on Tuesday as hotter-than-expected U.S. inflation data triggered heavy selling at several counters from across various sectors.
RTTNews | 979天前
Dollar Scores Gains Over Major Rivals After Inflation Data

Dollar Scores Gains Over Major Rivals After Inflation Data

The U.S. dollar rose sharply against most of its major counterparts on Tuesday after data from the Labor department showed U.S. consumer inflation rose unexpectedly in the month of August, raising expectations that the Fed will once again hike interest rate by 75 bps next week.
RTTNews | 980天前
Hot Inflation Data Lifts U.S. Dollar

Hot Inflation Data Lifts U.S. Dollar

The U.S. dollar gained ground against its major counterparts in the New York session on Tuesday, as U.S. consumer inflation rose unexpectedly in the month of August, supporting expectations that the Federal Reserve will stick with a 75 basis-point rate hike this month.
RTTNews | 980天前
Swiss Market Pares Early Gains, Ends Notably Lower

Swiss Market Pares Early Gains, Ends Notably Lower

After holding in positive territory till more than a couple of hours past noon, the Switzerland stock market slipped into the red on Tuesday after U.S. inflation data raised fears that the Fed might be aggressive with interest rate hike at its upcoming meeting next week.
RTTNews | 980天前
Canadian Stocks Tumble After U.S. Inflation Data

Canadian Stocks Tumble After U.S. Inflation Data

Canadian stocks are down sharply in negative territory on Tuesday after hotter-than-expected U.S. inflation data raised speculation that the Fed will be aggressive with interest rate hike at the upcoming meeting.
RTTNews | 980天前
U.S. Consumer Prices Inch Higher In August, Annual Growth Slows Less Than Expected

U.S. Consumer Prices Inch Higher In August, Annual Growth Slows Less Than Expected

A highly anticipated report released by the Labor Department on Tuesday showed an unexpected uptick in U.S. consumer prices in the month of August. The Labor Department said its consumer price index inched up by 0.1 percent in August after coming in unchanged in July. Economists had expected consumer prices to edge down by 0.1 percent.
RTTNews | 980天前
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BMW Group To Use Maritime Plastic Waste To Produce Visible Vehicle Trim Parts

BMW Group To Use Maritime Plastic Waste To Produce Visible Vehicle Trim Parts

German luxury carmaker BMW AG (BMW.L, BAMXF.PK, BAMXY.PK) announced Tuesday that it will use maritime plastic waste to produce visible trim parts, which is expected to reduce CO2 emissions or carbon footprint by 25 percent compared to conventionally manufactured components. The new initiative is developed in cooperation with the Danish company PLASTIX.
RTTNews | 980天前
Core & Main Boosts FY22 Outlook As Q2 Results Top Estimates

Core & Main Boosts FY22 Outlook As Q2 Results Top Estimates

Core & Main, Inc. (CNM), a distributor of water, wastewater, storm drainage and fire protection products, reported on Tuesday that net income attributable to the company for the second quarter soared to $115 million from $27 million last year. The company also reported earnings per share of $0.67 per share, compared to loss per share of $0.14 per share a year ago.
RTTNews | 980天前
Akouos Says FDA Clears IND Application For AK-OTOF For OTOF-mediated Hearing Loss

Akouos Says FDA Clears IND Application For AK-OTOF For OTOF-mediated Hearing Loss

Genetic medicine company Akouos, Inc. (AKUS) announced Tuesday that it has received clearance from the U.S. Food and Drug Administration (FDA) for its Investigational New Drug (IND) application to initiate a Phase 1/2, first in human, pediatric clinical trial of AK-OTOF, a gene therapy intended for the treatment of patients with otoferlin gene (OTOF)-mediated hearing loss.
RTTNews | 980天前

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