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Forex News
Taiwan Industrial Production Falls 7.93%, Retail Sales Growth At 4-Month High
Taiwan's industrial production declined for the fourth straight month in December, largely led by a sharp contraction in manufacturing output, preliminary data from the Ministry of Economic Affairs showed on Friday. Separate data showed that retail sales growth accelerated markedly at the end of the year.
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835 days ago
U.S. Private Sector Employment Increases Less Than Expected In January
Private sector job growth slowed by more than expected in the month of January, according to a report released by payroll processor ADP on Wednesday.
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835 days ago
Bay Street Likely To See Cautious Start
The Canadian market is likely to see a cautious start Wednesday morning with investors looking ahead to the Federal Reserve's interest rate decision.
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835 days ago
Eurozone Inflation Slows, Manufacturing Logs Mild Contraction
Euro area inflation eased to an eight-month low in January on slower growth in energy prices, and the unemployment rate remained unchanged at a lower level, data from Eurostat showed Wednesday. Elsewhere, a private survey said the factory downturn in the currency bloc slowed suggesting that the worst of the slump has passed.
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835 days ago
Humana Q4 Loss Widens On Charges
Health insurer Humana Inc. reported Wednesday a net loss for the fourth quarter that slightly widened from last year, hurt primarily by charges associated with productivity initiatives, despite 6.6 percent revenue growth. Adjusted earnings for the quarter topped analysts' expectations, while quarterly revenues missed it by a whisker.
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835 days ago
Otis Worldwide Q4 Results Top Estimates; Guides FY23 In Line With View
Otis Worldwide Corp. (OTIS) reported Wednesday that net income for the fourth quarter grew $297 million or $0.71 per share from $281 million or $0.65 per share in the prior-year quarter.
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835 days ago
Thermo Fisher Scientific Guides FY23 Above Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, Thermo Fisher Scientific Inc. (TMO) initiated adjusted earnings and revenue guidance for the full-year 2023.
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835 days ago
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Sensex, Nifty End Volatile Session Mixed As Adani Group Shares Slump
Indian shares ended a highly volatile session mixed on Wednesday as investors cheered the Union Budget proposals.
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835 days ago
Indonesia Inflation Slows To 5.28%, Lowest In 5 Months
Indonesia's inflation rate eased to the lowest in five months in January after accelerating in the previous month, and remained above the Bank Indonesia's target, data from the statistics bureau in Jakarta showed on Wednesday. Separate data showed that tourist arrivals to the country continued its triple-digit growth in December.
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835 days ago
UK House Price Inflation Slows More Than Expected - Nationwide
UK house prices rose at a much slower than expected pace at the start of the year, and prices fell from the previous month, results of the Nationwide survey showed, as buyer demand was damped by the prospect of reduced real earnings and higher mortgage rates as many households reel under the pressure of the cost-of-living crisis that is the worst in several decades.
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835 days ago
Dutch Inflation Near 1-Year Low, Manufacturing Downturn Softens
The Netherlands' consumer price inflation slowed to the lowest in nearly a year in January and the downturn in manufacturing softened on renewed expansion in production, separate data revealed Wednesday. Consumer prices rose 7.6 percent from the previous year, slower than the 9.6 percent increase in December, the flash estimates from Central Bureau of Statistics showed.
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835 days ago
Australian Dollar Higher Ahead Of Fed Decision
The Australian dollar climbed against its major counterparts on Wednesday, on hopes that the Federal Reserve will moderate the pace of tightening at the conclusion of its two-day policy meeting later in the day.
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835 days ago
European Shares Hold Steady Ahead Of Central Bank Decisions
European stocks were seeing modest gains on Wednesday, as investors digested mixed manufacturing data from China and awaited interest-rate decisions from the Federal Reserve, the European Central Bank and the Bank of England for directional cues.
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835 days ago
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