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Forex News
TransDigm Group Boosts FY23 Outlook - Update
While reporting financial results for the third quarter on Tuesday, TransDigm Group Inc. (TDG) raised its earnings, adjusted earnings and net sales guidance for the full-year 2023, based on continued strong performance of the company.
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653 days ago
Australian, NZ Dollars Drop On Disappointing China Trade Data
The Australian and NZ dollars declined against their major counterparts on Tuesday, as softer-than-expected trade data from China fuelled concerns about the economic growth.
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653 days ago
CECO Environmental Boosts FY23 Revenue Outlook As Q2 Revenue Tops Estimates
CECO Environmental Corp. (CECO) reported Tuesday the net income attributable to CECO for the second quarter declined to $3.72 million or $0.11 per share from $4.39 million or $0.13 per share in the prior-year quarter.
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653 days ago
Eli Lilly Boosts FY23 Outlook - Update
While reporting financial results for the second quarter on Tuesday, drugmaker Eli Lilly and Co. (LLY) raised its earnings, adjusted earnings and revenue guidance for the full-year 2023.
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653 days ago
Sensex, Nifty Edge Lower As Investors Await US Inflation Data
Indian shares moved in a tight range before ending slightly lower on Tuesday, as Chinese trade data disappointed and the dollar resumed its upward trajectory ahead of key U.S. inflation readings that might influence the Fed's plans for possible interest rate hikes.
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653 days ago
European Shares Decline As Italy Surprises With Windfall Tax On Banks
European stocks were moving lower on Tuesday after data showed China's exports and imports both sank at their fastest pace since the 2020 COVID-19 pandemic in July, threatening recovery prospects in the world's second-largest economy.
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653 days ago
FTSE 100 Slips As Miners Drag On China Concerns
U.K. stocks traded lower on Tuesday after data showed China's exports and imports both sank at their fastest pace since the 2020 COVID-19 pandemic in July, threatening recovery prospects and reinforcing the need for further stimulus measures from policymakers.
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653 days ago
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CAC 40 Drifts Lower After Italian Windfall Tax On Banks
French stocks were moving lower on Tuesday after data showed China's exports and imports both fell more than expected in July, threatening recovery prospects and adding to pressure on policymakers to unveil additional stimulus.
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653 days ago
Fraport Stock Up On H1 Profit, Upbeat FY23 Earnings View
Shares of Fraport Group were gaining around 8 percent in the morning trading in Germany after the airport operator reported Tuesday a profit in its first half, compared to last year's loss, with strong passenger demand. The company further said it now expects to meet the upper half of its earnings projection range for fiscal 2023.
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653 days ago
DAX Slips As Banks Drag
German stocks declined on Tuesday after data showed China experienced a notable downturn in its trade figures in July.
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653 days ago
Asian Shares Mixed After Weak China Data
Asian stocks ended Tuesday's session on a mixed note after the release of weak Chinese trade data and ahead of key inflation readings from the world's largest economies due this week.
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653 days ago
China Exports Log Double-Digit Decline In July
China's exports logged another sharper-than-expected double digit decline in July as monetary policy tightening damped demand from major trading partners, official data showed on Tuesday. Shipments declined 14.5 percent in July from a year ago, following June's 12.4 percent fall, the General Administration of Customs reported.
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653 days ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the pre-European session on Tuesday.
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653 days ago
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