外匯新聞

Dollar Drifts Lower After PCE Data

The U.S. dollar traded weak against most of its major counterparts on Friday amid bets the Federal Reserve will start cutting rates sometime soon this year after data showed the nation's core PCE inflation came in lower than expected in December.
RTTNews | 572天前
TSX Ends Marginally Up, Gains 1.05% In Week

TSX Ends Marginally Up, Gains 1.05% In Week

Canadian stocks swung between gains and losses in a tight band in cautious trade on Friday before ending the day's session marginally up, with investors largely refraining from making significant moves as they continued to assess the likely move of the Federal Reserve next week.
RTTNews | 572天前
Canadian Stocks Mixed In Cautious Trade

Canadian Stocks Mixed In Cautious Trade

After a weak start and a subsequent recovery, the Canadian market pared gains and is down slightly Friday afternoon with investors largely making cautious moves, awaiting the Federal Reserve's monetary policy meeting next week.
RTTNews | 572天前
Soft Core PCE Inflation Data Pulls Down U.S. Dollar

Soft Core PCE Inflation Data Pulls Down U.S. Dollar

The U.S. dollar dipped against its most major counterparts in the New York session on Friday, as core PCE inflation came in lower than expected in December, suggesting that the Federal Reserve is likely to start cutting rates by the summer.
RTTNews | 572天前
U.S. Pending Home Sales Spike Much More Than Expected In December

U.S. Pending Home Sales Spike Much More Than Expected In December

The National Association of Realtors released a report on Friday showing pending home sales in the U.S. skyrocketed by much more than expected in the month of December. NAR said its pending home sales index spiked by 8.3 percent to 77.3 in December after slipping by 0.3 percent to a downwardly revised 71.4 in November.
RTTNews | 572天前
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Colgate-Palmolive Q4 Results Top Market; Sees Growth In FY24

Colgate-Palmolive Q4 Results Top Market; Sees Growth In FY24

Consumer products major Colgate-Palmolive Co. on Friday reported significantly higher profit in its fourth quarter, above market estimates. The top line also increased and beat the Street view. Looking ahead for fiscal 2024, the company expects double-digit earnings-per-share growth on a reported basis, and mid to high-single-digit earnings-per-share growth on an adjusted basis.
RTTNews | 572天前
U.S. Core Consumer Price Growth Slows More Than Expected In December

U.S. Core Consumer Price Growth Slows More Than Expected In December

Annual U.S. consumer price growth came in unchanged in the month of December, according to a report released by the Commerce Department on Friday, although the report also showed a bigger than expected slowdown in the annual rate of core consumer price growth.
RTTNews | 572天前
European Stocks Up Firmly In Positive Territory

European Stocks Up Firmly In Positive Territory

European stocks are up in positive territory on Friday, with the French market outperforming its peers thanks to widespread buying thanks to data showing a jump in consumer confidence in January. Signs of cooling inflation in the euro area contribute as well to the firm undertone in European markets.
RTTNews | 572天前
Luxury Sector Rally Boosts FTSE 100

Luxury Sector Rally Boosts FTSE 100

A rally in luxury stocks in Europe boosted the FTSE 100, lifting the benchmark more than a percent. Anxiety ahead of the release of the PCE-based inflation readings from the U.S. limited gains.
RTTNews | 572天前
CAC-40 Outperforms European Peers

CAC-40 Outperforms European Peers

The CAC-40 surged more than 1.5 percent amidst strong gains in the luxury sector triggered by upbeat results declared by luxury brand LVMH. A larger-than-expected jump in the consumer confidence indicator also boosted sentiment.
RTTNews | 572天前

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