Forex News

Bay Street Likely To Open On Cautious Note; BoC Rate Decision In Focus

The Canadian market is likely to open on a cautious note on Wednesday, with investors focusing on the Bank of Canada's policy announcement.

RTTNews | 717 days ago

Sensex, Nifty Gain Led By FMCG Stocks

Indian shares ended Wednesday's session higher, with the Nifty crossing 18,700 for the first time in 2023 amid hopes of interest rate pause by RBI and the Federal Reserve.

RTTNews | 717 days ago

Inditex Stock Up On Q1 Profit Growth; Sees Flat Margin In FY23

Shares of Inditex SA were gaining around 6 percent in the morning trading in Spain after the clothing firm that owns Zara reported Wednesday significant growth in its first-quarter profit on higher revenues as well as the absence of a prior year provision. Regarding the second quarter to date, the company said its store and online sales in constant currency between May 1 and June 4 increased 16..

RTTNews | 717 days ago

European Shares Slide On Growth Worries

European shares were subdued on Wednesday, as Chinese trade data came in below expectations and investors exercised caution ahead of key central bank meetings next week.

RTTNews | 717 days ago

UK Halifax House Prices Remain Flat In May

UK house prices were unchanged in May after a slight upturn in the first quarter as higher interest rates started to squeeze household budgets, results of a survey by Lloyds Bank subsidiary Halifax showed on Wednesday. House prices were stable on a monthly basis in May following a 0.4 percent fall in April, the survey revealed. That was in line with economists' expectations.

RTTNews | 717 days ago

FTSE 100 Slips As Housebuilders Drag

U.K. stocks were subdued on Wednesday as Chinese trade figures disappointed and Halifax reported the first year-on-year decline in U.K. house prices since 2012, spurring fresh concerns about the economic outlook.

RTTNews | 717 days ago

CPSC Warns Against Recalled Boppy Newborn Loungers After More Infant Deaths

The U.S. Consumer Product Safety Commission or CPSC, along with Golden, Colorado-based Boppy Co., urged consumers to stop using recalled Boppy Newborn Loungers, following reports of more infant deaths. They also asked online marketplaces to stop selling the recalled product. The company in September 2021 had recalled over 3.3 million infant lounging pillows after it was connected with deaths of 8

RTTNews | 717 days ago

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CAC 40 Edges Lower On Growth Concerns

French stocks edged lower on Wednesday, with disappointing trade data from China and concerns over a possible recession in the United States keeping investors nervous ahead of key central bank meetings next week.

RTTNews | 717 days ago

DAX Slips On Weak Data

German stocks declined on Wednesday after data showed German industrial output rose less than expected in April.

RTTNews | 717 days ago

Asian Shares Mixed As China Data Disappoints

Asian stocks turned in a mixed performance on Wednesday as Chinese trade data disappointed and investors awaited cues from key central bank meetings due next week. Official data showed Chinese exports fell 7.5 percent from a year earlier in May, marking the first drop in three months. Imports fell 4.5 percent, indicating slowing overseas demand for Chinese goods.

RTTNews | 717 days ago