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Forex News
U.S. Consumer Prices Increases In Line With Estimates In January
Closely watched readings on U.S. consumer price inflation increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in January, matching the increase seen in December as well as economist estimates.
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79 days ago
U.S. Consumer Price Inflation Data Matches Estimates In January
Closely watched readings on consumer price inflation increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday.
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79 days ago
France Inflation Lowest In 4 Years On Energy Prices
French inflation sunk to the lowest in four years in February due to a notable fall in electricity prices and the economy contracted for the first time since early 2023, official data showed Friday. Consumer price inflation was 0.8 percent in February compared to 1.7 percent in January, the statistical office INSEE said. This was the weakest since February 2021 and was also below forecast of 1.0
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79 days ago
German Unemployment Rises Less Than Expected
German unemployment increased only moderately in February but the economic weakness remained visible on the labor market, the Federal Employment Agency said Friday. The number of people out of work rose 5,000 in February, while economists had forecast a sharp increase of 14,000. Unemployment had increased 11,000 in January.
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79 days ago
Bay Street Likely To Open On Cautious Note
The Canadian market is likely to open on a cautious note Friday morning with investors reacting to Canadian GDP data and the latest batch of earnings updates.
Investors also await the U.S. Personal Consumption Expenditure data, due this morning, for insights into the Federal Reserve's monetary policy.
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79 days ago
FTSE 100 Modestly Higher On Earnings
U.K. stocks are up in positive territory Friday morning, with investors reacting to some strong quarterly earnings updates. Tariff concerns limit market's upside.
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79 days ago
Holcim Shares Gain On Growth In FY24 Recurring EBIT, Dividend Hike, Positive Outlook
Shares of Holcim Group were gaining 3 percent in Switzerland after the building materials firm reported Friday higher recurring EBIT and margin in fiscal 2024, even as net profit and net sales were lower than last year. Looking ahead, for fiscal 2025, Holcim expects continued profitable growth with over proportional growth in recurring EBIT, further expansion of recurring EBIT margin...
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79 days ago
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Sensex, Nifty Crash Amid Trump's Tariff Threats
Indian shares plunged on Friday as traders grappled with U.S. President Donald Trump's new tariff threats.
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79 days ago
CAC 40 Modestly Lower In Cautious Trade; Teleperformance Tanks 9%
French stocks are down in negative territory Friday morning amid concerns about growth following U.S. President Donald Trump's tariff moves on European countries, and confirmation that additional levies on Canadian and goods imported into the American will become effective from early March.
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79 days ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Friday.
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79 days ago
DAX Remains Weak Despite Coming Off Early Lows
After declining sharply in early trades on Friday amid concerns about the outlook for global economic growth due to tariff threats by U.S. President Donald Trump, German stocks regained some lost ground subsequently thanks to selective buying at a few frontline counters.
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79 days ago
European Shares Retreat On Tariff Worries
European shares fell notably on Friday as U.S. President Donald Trump confirmed that sweeping 25 percent tariffs on goods from Canada and Mexico, along with an additional 10 percent tariffs on Chinese imports, will take effect on March 4.
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79 days ago
Asian Shares Slump On Trade Worries
Asian stocks plummeted on Friday as traders grappled with underwhelming Nvidia Corp. results and U.S. President Donald Trump's new tariff threats.
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79 days ago
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