Berita Forex

Nike Stock Gains Despite Weak Q4 Results, Q1 Outlook; Sees $1 Bln Tariff Impact

Nike Stock Gains Despite Weak Q4 Results, Q1 Outlook; Sees $1 Bln Tariff Impact

Shares of Nike Inc. were up around 11 percent in the extended trading on Thursday on the NYSE and are currently gaining around 10 percent in pre-market activity, despite reporting a sharply lower fourth-quarter results with the biggest hit from its turnaround plan. Further, the sportswear giant projects weak margin and sales in its first quarter, but slower than the preceding quarter.
RTTNews | 58 hari yang lalu
French Inflation Accelerates In June

French Inflation Accelerates In June

France's inflation accelerated more than expected in June largely due to higher services costs but the overall rate remained below the 2 percent target, preliminary estimate from the statistical office INSEE showed on Friday. Consumer prices increased 0.9 percent year-on-year in June, faster than the 0.7 percent rise in May. The rate was forecast to remain unchanged at 0.7 percent.
RTTNews | 58 hari yang lalu
European Shares Surge As Sino-US Tensions Ease

European Shares Surge As Sino-US Tensions Ease

European stocks advanced on Friday after a White House official said the United States has struck a deal with China to expedite rare earth shipments, marking a significant step towards resolving their ongoing trade war.
RTTNews | 58 hari yang lalu
DAX Up Nearly 1% Amid Easing Trade Tensions

DAX Up Nearly 1% Amid Easing Trade Tensions

German stocks are up firmly in positive territory Friday morning amid progress in U.S.-China trade talks ahead of the July 9 deadline. Easing concerns about Middle East tensions contribute as well to the positive mood in the market.
RTTNews | 58 hari yang lalu
Asian Shares Mixed Ahead Of US PCE Data

Asian Shares Mixed Ahead Of US PCE Data

Asian stocks ended mixed on Friday despite U.S. President Donald Trump announcing a trade deal with China on rare earths and hinting at a major upcoming deal with India. The ceasefire between Iran and Israel continued to hold and weak U.S. data fueled rate cut hopes, helping limit regional losses.
RTTNews | 58 hari yang lalu
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European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence from the euro area and flash inflation from France are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, producer prices from Sweden and retail sales from Norway are due. At 2.45 am ET, France's statistical office INSEE is scheduled to issue flash consumer prices, producer prices and consumer spending data.
RTTNews | 58 hari yang lalu
Australian Market Slashes Early Gains In Mid-market

Australian Market Slashes Early Gains In Mid-market

The Australian stock market is slashing its early gains in mid-market moves on Friday, reversing the slight losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,600 level, with gains across most sectors led by mining and technology stocks.
RTTNews | 58 hari yang lalu
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as the ceasefire in the Israel-Iran conflict brought on by US President Donald Trump's intervention continued to hold. Data showing the U.S. economy shrank by more than estimated in the first quarter sparked sparked optimism for interest rate cuts sooner rather than later.
RTTNews | 58 hari yang lalu

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