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Dollar Drifts Lower Against Major Rivals

Dollar Drifts Lower Against Major Rivals

The U.S. dollar drifted down against major counterparts on Friday as investors scaled back expectations on the Fed rate hikes amid indications of a slowdown in economic growth.
RTTNews | 2 days ago
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U.S. Consumer Sentiment Slumps Slightly More Than Initially Estimated In June

U.S. Consumer Sentiment Slumps Slightly More Than Initially Estimated In June

Consumer sentiment in the U.S. tumbled by slightly more than initially estimated in the month of June, revised data from the University of Michigan revealed on Friday. The report showed the consumer sentiment index for June was downwardly revised to 50.0 from the preliminary reading of 50.2.
RTTNews | 2 days ago
U.S. New Home Sales Unexpectedly Show Significant Rebound In May

U.S. New Home Sales Unexpectedly Show Significant Rebound In May

New home sales in the U.S. unexpectedly showed a significant rebound in the month of May, according to a report released by the Commerce Department on Friday. The report showed new home sales surged 10.7 percent to an annual rate of 696,000 in May after plunging 12.0 percent to an upwardly revised rate of 629,000 in April.
RTTNews | 2 days ago
MTD Products Recalls Walk-Behind Self-Propelled Lawn Mowers

MTD Products Recalls Walk-Behind Self-Propelled Lawn Mowers

MTD Products Inc. is recalling 1,774 units of walk-behind self-propelled lawn mowers for potential risk of fire hazard, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed. The company said the lawn mower can leak fuel when it is stored in the upright (vertical) storage position to pose a fire hazard.
RTTNews | 2 days ago
Bay Street Set To Open On Firm Note

Bay Street Set To Open On Firm Note

Canadian shares are headed for a firm start Friday morning, tracking higher crude oil prices and positive global cues.
RTTNews | 2 days ago
German Ifo Business Sentiment Deteriorates In June

German Ifo Business Sentiment Deteriorates In June

Germany's business sentiment worsened more than expected in June as the war in Ukraine, high inflation and supply chain disruptions triggered fears of recession, survey results from the ifo Institute showed on Friday. After rising for two months, the business confidence index dropped to 92.3 in June from 93.0 in the previous month.
RTTNews | 2 days ago

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