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Forex News
U.S. Dollar Showing Weakness On Powell's Remarks
The U.S. dollar drifted lower against its key counterparts in the European session on Wednesday, as investors digested less-hawkish comments from Federal Reserve Chair Jerome Powell.
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828 days ago
Eaton Guides Q1, FY23 Adj. EPS Well Below Estimates - Update
While reporting its financial results for the fourth quarter on Wednesday, power management company Eaton Corp plc (ETN) provided adjusted earnings guidance for the first quarter and full-year 2023, well below analysts' estimates.
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828 days ago
Bunge Q4 Adj. EPS Tops Estimates; Guides FY23 Below Estimates
Bunge Ltd. (BG) reported Wednesday that net income attributable to the company for the fourth quarter increased to $336 million or $2.21 per share from $231 million or $1.52 per share in the prior-year quarter.
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828 days ago
France Payroll Employment Stays Stable In Q4
After seven quarters of expansion, France payroll employment remained unchanged at the end of the year as weak economic activity dampened job creation particularly in market services, flash data revealed Wednesday. Private payroll employment held steady in the fourth quarter, following a 0.6 percent rise in the third quarter, the statistical office INSEE reported.
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828 days ago
Sensex, Nifty Gain As Adani Stocks Extend Rebound On RBI Comments
Indian shares ended notably higher on Wednesday after two days of declines.
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828 days ago
Societe Generale Q4 Profit Weak; Confirms FY25 View
Societe Generale Group reported Wednesday a weak profit in its fourth quarter, despite higher net banking income. Further, the French Financial services major proposed a dividend and around 440 million euros share buyback program. The company also confirmed fiscal 2025 financial targets.
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828 days ago
European Shares Climb On Dovish Powell Comments
European stocks rose notably on Wednesday after Federal Reserve Chair Jerome Powell struck a less hawkish tone than feared in a question-and-answer session at the Economic Club of Washington, D.C.
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828 days ago
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FTSE 100 Climbs As Earnings Pick Up Pace
U.K. stocks advanced on Wednesday as investors cheered Fed Chair Jerome Powell's comments on disinflation and assessed the latest financial results from prominent companies.
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828 days ago
CAC 40 Edges Higher As Rate Hike Worries Ease
French stocks opened higher on Wednesday after Fed Chair Jerome Powell said he expects 2023 to be a year of "significant declines in inflation" but additional rate increases may be required if the economic data doesn't cooperate.
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828 days ago
Indonesia Consumer Confidence Improves For Second Month
Indonesia's consumer sentiment rose for the second month in a row in January to its strongest level since August, as business and employment expectations grew, survey data from the Bank Indonesia showed Wednesday. The Consumer Confidence Index rose to 123.0 from 119.9 in December. The improvement in the consumer morale is in sync with the other main economic indicators.
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828 days ago
DAX Rises On Powell Comments
German stocks were seeing modest gains on Wednesday after Federal Reserve Chair Jerome Powell said that "disinflation has begun" but is going to take time.
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828 days ago
India Softens Pace Of Monetary Policy Tightening Amid Slowing Inflation
India's central bank softened its pace of monetary policy tightening after inflation returned to the target band and the economy continued to remain resilient despite risks emanating from external environment. At the end of its three-day monetary policy meeting, the Monetary Policy Committee of the Reserve Bank of India decided to raise the policy repo rate by 25 bps to 6.50 percent.
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828 days ago
Asian Shares Mixed As US-China Tensions Weigh
Asian stocks ended mixed on Wednesday amid signs of rising tensions between Washington and Beijing in recent days.
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828 days ago
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