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U.S. Economic Activity Increasing Slightly, Fed's Beige Book Says

Overall U.S. economic activity has increased slightly since late May, according to the Federal Reserve's Beige Book released Wednesday afternoon. The Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed districts, said five districts reported slight or modest growth, five noted no change, and two reported slight and modest declines.
RTTNews | 677 일 전
U.S. Dollar Sinks As Soft Inflation Data Boosts Fed Pause Hopes

U.S. Dollar Sinks As Soft Inflation Data Boosts Fed Pause Hopes

The U.S. dollar fell against its major counterparts in the New York session on Wednesday, as the nation's consumer inflation slowed more than expected in June, raising hopes that the Federal Reserve may conclude its rate hiking cycle soon.
RTTNews | 677 일 전
Bank Of Canada Raises Interest Rates Amid Lingering Inflation Concerns

Bank Of Canada Raises Interest Rates Amid Lingering Inflation Concerns

Citing persistent underlying price pressures, the Bank of Canada on Wednesday announced its decision to raise interest rates by another quarter point. The Bank of Canada increased its target for the overnight rate to 5.0 percent, with the bank rate at 5.25 percent and the deposit rate at 5.0 percent.
RTTNews | 677 일 전
U.S. Consumer Prices Rise 0.2% In June, Slightly Less Than Expected

U.S. Consumer Prices Rise 0.2% In June, Slightly Less Than Expected

Consumer prices in the U.S. increased by slightly less than expected in the month of June, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index rose by 0.2 percent in June after inching up by 0.1 percent in May. Economists had expected consumer prices to climb by 0.3 percent.
RTTNews | 677 일 전
JBS Announces Proposal To Dual List In Brazil And US

JBS Announces Proposal To Dual List In Brazil And US

Food company JBS S.A. (JBSAY.PK) announced a proposal to list company shares on the Sao Paulo Stock Exchange, using Brazilian Depository Receipts (BDRs), and the New York Stock Exchange, in order to better reflect the company's global presence and unlock value for shareholders.
RTTNews | 677 일 전
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Dollar Drops Following U.S. CPI

Dollar Drops Following U.S. CPI

Following the release of U.S. CPI for June at 8.30 am ET Wednesday, the greenback fell against its major counterparts.
RTTNews | 677 일 전
Dollar Mixed Ahead Of U.S. CPI

Dollar Mixed Ahead Of U.S. CPI

At 8.30 am ET Wednesday, U.S. CPI for June is set for release. Ahead of the data, the greenback traded mixed against its major counterparts. While it advanced against the euro and the pound, it held steady against the yen and the franc.
RTTNews | 677 일 전
Indian Rupee Rises To 1-week High Against U.S. Dollar

Indian Rupee Rises To 1-week High Against U.S. Dollar

The Indian rupee climbed against the U.S. dollar in evening deals on Wednesday, as the latter was subdued amid expectations that U.S. inflation data due out later in the day will show moderation in price pressures.
RTTNews | 677 일 전

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