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Dollar Rises After PPI Data
The U.S. dollar firmed against its major counterparts on Friday after data showed a slightly bigger than expected increase in the nation's producer prices in the month of July, triggering speculation the Federal Reserve will likely keep interest rates higher for longer duration.
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747 days ago
Canadian Stocks Turning In Mixed Performance
Canadian shares are turning in a mixed performance Friday afternoon and look headed for a somewhat mute close.
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747 days ago
Swiss Market Ends On Weak Note
The Switzerland market opened weak on Friday, and after briefly edging up into positive territory subsequently, retreated and spent the rest of the day's session in the red amid concerns about U.S. interest rates.
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747 days ago
European Stocks Close Lower As Hot U.S. PPI Data Raises Interest Rate Concerns
European stocks closed weak on Friday after data showing hotter than expected U.S. producer price inflation in the month of July triggering speculation the Federal Reserve will likely keep interest rates higher for longer duration.
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747 days ago
U.S. Dollar Rises As Producer Prices Increase More Than Expected
The U.S. dollar rebounded against its most major counterparts in the New York session on Friday, as the nation's producer prices climbed slightly more than expected in July, prompting the Federal Reserve to maintain a tighter monetary policy for longer.
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747 days ago
U.S. Consumer Sentiment Pulls Back Slightly In August
After reporting a surge in U.S. consumer sentiment in the previous month, the University of Michigan released preliminary data on Friday showing a slight pullback in consumer sentiment in the month of August.
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747 days ago
FC Barcelona Set To List Merged Media Arm On Nasdaq Via SPAC Deal
Spanish soccer club FC Barcelona is set to merge its digital Barça Vision and audiovisual content units under the brand "Barca Media" and list this media arm as a publicly listed company on the Nasdaq through a business combination deal with Mountain & Co. I Acquisition Corp (MCAA), a publicly traded special purpose acquisition company or SPAC.
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747 days ago
more news
U.S. Producer Prices Rise 0.3% In July, Slightly More Than Expected
Partly reflecting an increase in prices for services, the Labor Department released a report on Friday showing U.S. producer prices climbed by slightly more than expected in the month of July. The Labor Department said its producer price index for final demand rose by 0.3 percent in July following a revised unchanged reading in June.
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747 days ago
U.S. Producer Prices Rise Slightly More Than Expected In July
Partly reflecting an increase in prices for services, the Labor Department released a report on Friday showing U.S. producer prices climbed by slightly more than expected in the month of July.
RTTNews
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747 days ago
Bay Street Likely To See Mixed Start
Canadian shares are likely to open on a somewhat mixed note on Friday, tracking weak European stocks and slightly higher oil and gold prices.
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747 days ago
Sensex, Nifty End Lower In Cautious Trade
Indian shares closed Friday's session lower as initial optimism over tame U.S. CPI data fizzled out, following hawkish comments from a Federal Reserve official.
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747 days ago
Dunkin' To Unveil Spiked Coffee And Tea Drinks
Dunkin' Donuts is introducing a collection of new spiked iced coffee and tea beverages. Dunkin' Spiked reportedly received label approval in May from the Alcohol and Tobacco Tax and Trade Bureau or TTB. A launch date of the product is yet to be announced. As per the company website, Dunkin' Spiked offers four flavors of iced drinks with alcohol in both coffee and tea.
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747 days ago
European Shares Decline On Growth Worries
European stocks fell on Friday as initial optimism over tame U.S. CPI data fizzled out, following hawkish comments from a Federal Reserve official.
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747 days ago
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