Forex News

Eurozone Core Inflation Rises More Than Estimated

Eurozone Core Inflation Rises More Than Estimated

Eurozone core inflation rose more than initially estimated in June, raising chances of further rate hikes beyond this month. Core inflation that excludes energy, food, alcohol and tobacco, rose more than estimated to 5.5 percent from 5.3 percent in the previous month, final data from Eurostat showed on Wednesday.
RTTNews | 723 days ago
U.S. Housing Starts Pull Back Sharply In June

U.S. Housing Starts Pull Back Sharply In June

After reporting a substantial increase in new U.S. residential construction in the previous month, the Commerce Department released a report on Wednesday showing a sharp pullback in housing starts in the month of June.
RTTNews | 723 days ago
Goldman Sachs Q2 Profit Misses Estimates; Boosts Dividend 10%

Goldman Sachs Q2 Profit Misses Estimates; Boosts Dividend 10%

Goldman Sachs Group, Inc. (GS) reported Wednesday that profit for the second quarter plunged 62 percent from last year, reflecting higher provisions for bad loans, 8 percent drop in net revenues and 12 percent higher operating expenses. Earnings per share missed analysts' expectations, while quarterly revenues topped it by a whisker.
RTTNews | 723 days ago
Bay Street Likely To Open Flat

Bay Street Likely To Open Flat

Canadian shares are likely to open somewhat flat on Wednesday, tracking subdued commodity prices.
RTTNews | 723 days ago
FTSE 100 Surges With Inflation Surprise

FTSE 100 Surges With Inflation Surprise

FTSE 100 of the London Stock Exchange surged more than 1.3 percent as headline inflation for the month of June delivered a positive surprise.
RTTNews | 723 days ago
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European Stocks Gain On Soft Inflation Data

European Stocks Gain On Soft Inflation Data

European stocks are broadly higher on Wednesday thanks to soft inflation data from the U.K., and rising expectations that the Federal Reserve's rate hiking cycle will end soon.
RTTNews | 723 days ago
DAX Rises Amidst Easing Inflation

DAX Rises Amidst Easing Inflation

he DAX benchmark of the Frankfurt bourse gained on Wednesday as markets took cognizance of the easing in inflation in the euro area as well as the U.K.
RTTNews | 723 days ago

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