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Forex News
Indonesia Rate Decision On Tap For Thursday
The central bank in Indonesia will on Thursday wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity.
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563 days ago
TSX Ends Flat After Somewhat Lackluster Session
The Canadian market ended flat on Wednesday after a mixed performance, with investors largely making cautious moves, tracking the trend in commodities markets and digesting the latest batch of U.S. economic data, and the Federal Reserve's minutes.
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563 days ago
Dollar Rises Against Major Counterparts
The U.S. dollar climbed higher against its major counterparts on Wednesday, as the minutes from the Federal Reserve showed the central bank officials feel restrictive monetary policy need to continue to bring inflation to the 2% target.
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564 days ago
Swiss Market Ends On Firm Note
The Switzerland market ended on a firm note on Wednesday, with stocks holding their gains thanks to sustained buying interest.
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564 days ago
UK Chancellor Hunt Announces Tax Cuts As Growth Outlook Downgraded
UK Chancellor of the Exchequer Jeremy Hunt unveiled tax cuts on Wednesday to boost a sluggish economy as growth forecasts for next two years were sharply cut. In the autumn statement, the chancellor announced that national insurance employees pay on their earnings will be cut from 12 percent to 10 percent from January and this is set to help 27 million working people.
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564 days ago
European Stocks Close Broadly Higher
European stocks closed broadly higher on Wednesday with investors digesting the Federal Reserve's minutes, and on slightly easing geopolitical tensions after Hamas and Israel reportedly agreed to a Qatar-mediated pause in fighting.
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564 days ago
Canadian Market Modestly Higher At Noon; Energy Stocks Fall
Canadian stocks are turning in a mixed performance on Wednesday with investors continuing to assess the likely policy moves by central banks, and reacting to the trend in commodities markets.
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564 days ago
more news
Canadian Dollar Falls Against U.S., Australian Dollars
The Canadian dollar declined against the U.S. and Australian counterparts in the European session on Wednesday, as oil prices dropped after the Organization of Petroleum Exporting Countries postponed a meeting to decide on output cuts.
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564 days ago
U.S. Consumer Sentiment Deteriorates Less Than Previously Estimated In November
Consumer sentiment in the U.S. deteriorated by less than previously estimated in the month of November, according to revised data released by the University of Michigan on Wednesday. The University of Michigan said its consumer sentiment index for November was upwardly revised to 61.3 from a preliminary reading of 60.4.
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564 days ago
U.S. Durable Goods Orders Tumble Amid Sharp Pullback In Aircraft Demand
After reporting a spike in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Wednesday showing durable goods orders pulled back by much more than expected in the month of October. The sharp pullback in durable goods orders came as orders for transportation equipment plummeted.
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564 days ago
U.S. Weekly Jobless Claims Drop More Than Expected To 209,000
With the report coming a day earlier than usual due to the Thanksgiving Day holiday on Thursday, the Labor Department revealed on Wednesday that first-time claims for U.S. unemployment benefits fell by much more than expected in the week ended November 18th. The bigger than expected decline came after a week after jobless claims reached their highest level in almost three months.
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564 days ago
Allegiant Travel October Capacity Rises 13.3%
While reporting preliminary passenger traffic results for October 2023 on Wednesday, integrated travel company Allegiant Travel Co. (ALGT) said it carried 1.44 million passengers in October 2023, up 12.8 percent from 1.28 million passengers in October 2022.
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564 days ago
MACOM Technology Announces Passing Of Chairman John Ocampo
Semiconductor company MACOM Technology Solutions Holdings, Inc. (MTSI) announced Wednesday the passing of John Ocampo, Chairman of the Board of Directors.
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564 days ago
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