Forex News

KOSPI: Support Predicted At 2.500 Points

KOSPI: Support Predicted At 2.500 Points

The South Korea stock market has moved lower in six straight sessions, slumping almost 100 points or 4 percent along the way. The KOSPI now rests just above the 2,500-point plateau although it's due for support on Monday.
RTTNews | 693 days ago
New Zealand Trade Data Due On Monday

New Zealand Trade Data Due On Monday

New Zealand will on Monday release July figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity. In June, imports were worth NZ$6.30 billion and exports were at NZ$6.31 billion for a trade surplus of NZ$9 million.
RTTNews | 693 days ago
TSX Ends Marginally Up

TSX Ends Marginally Up

The Canadian market ended slightly up on Friday after a somewhat lackluster session, as investors stayed cautious amid fears of interest rate hikes, and on concerns about the health of the Chinese economy.
RTTNews | 695 days ago
Dollar Struggles For Direction

Dollar Struggles For Direction

After staying weak in the Asian and European sessions, the U.S. dollar briefly climbed higher Friday morning, but retreated soon and kept moving lower as the day progressed, giving up recent gains against some of its major counterparts.
RTTNews | 695 days ago
U.S. Stocks End On Mixed Note After Cautious Session

U.S. Stocks End On Mixed Note After Cautious Session

U.S. stocks turned in a mixed performance on Friday with investors largely staying cautious amid concerns the Federal Reserve will hold interest rates higher for longer to control inflation.
RTTNews | 695 days ago
Canadian Market Recovers From Early Weakness

Canadian Market Recovers From Early Weakness

After a weak start and a subsequent drop to lower levels Friday morning, the Canadian market recovered lost ground and is hovering around the flat line in afternoon trades.
RTTNews | 695 days ago
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U.S. Dollar Climbs Amid Fed, China Concerns

U.S. Dollar Climbs Amid Fed, China Concerns

The U.S. dollar firmed against its major counterparts in the European session on Friday, on the prospects of higher interest rates and concerns about China's shadow banking sector.
RTTNews | 695 days ago
Bay Street Likely To Open On Negative Note

Bay Street Likely To Open On Negative Note

Lower Canadian and U.S. futures, weak crude oil prices and weakness in European markets point to a negative start for the Canadian market on Friday.
RTTNews | 695 days ago
Ford, Partners To Build C$1.2 Bln EV Battery Plant In Quebec

Ford, Partners To Build C$1.2 Bln EV Battery Plant In Quebec

Auto major Ford Co. and its South Korean partners SK On and EcoProBM announced an investment of C$1.2 billion or about $887 million to build a cathode manufacturing facility in Quebec, Canada. Through the cathode joint venture or JV, the three companies are expected to have a stable supply of battery raw materials in North America.
RTTNews | 695 days ago
Estee Lauder Guides FY24 Well Above Estimates - Update

Estee Lauder Guides FY24 Well Above Estimates - Update

While reporting financial results for the fourth quarter on Thursday, Estee Lauder Cos., Inc. (EL) initiated its earnings and adjusted earnings guidance for the full-year 2024, well above estimates, and provided outlook for the first quarter, well below estimates.
RTTNews | 695 days ago

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