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Forex News
Bay Street Seen Opening Higher
Canadian shares are likely to open on positive note on Thursday, tracking European markets and on easing fears of a U.S. debt default, and encouraging data on Chinese factory activity.
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767 days ago
UK House Prices Fall Most Since 2009; Mortgage Approvals Decline
UK house prices declined the most since 2009 in May, and mortgage approvals and lending dropped in April, indicating deterioration in the housing market activity amid the rising interest rates. The house price index slid 3.4 percent from a year ago, marking the biggest fall since 2009, the Nationwide Building Society reported Thursday. The drop followed a 2.7 percent decrease in April.
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767 days ago
Yen Drops On Easing Debt Default, Fed Rate Hike Worries
The yen slipped against its major counterparts in the European session on Thursday, as approval of the U.S. debt ceiling deal by the House of Representatives and comments from Fed officials indicating a pause in interest rate hikes lifted risk sentiment.
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767 days ago
Caleres Q1 EPS Tops Estimates; Reiterates FY23 Adj. EPS Outlook
Footwear brand Caleres Inc. (CAL) reported Thursday that net earnings for the first quarter decreased to $34.73 million or $0.97 per share from $50.51 million or $1.32 per share in the prior-year quarter.
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767 days ago
Sensex, Nifty Extend Losses For Second Day
Indian shares ended Thursday's lackluster session slightly lower, with financials and telecom stocks pacing the declines.
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767 days ago
European Shares Rise As Debt Default Worries Ease
European stocks climbed on Thursday as investors cheered signs of progress on the U.S. debt ceiling deal, solid manufacturing data from China and dovish comments from Federal Reserve officials hinting at a pause in interest-rate hikes.
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767 days ago
FTSE 100 Gains As Miners Surge On China Data
U.K. stocks traded higher on Thursday, with encouraging manufacturing data from China and easing U.S. debt default fears helping underpin sentiment.
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767 days ago
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CAC 40 Gains As US Debt Deal Progress Boosts Sentiment
French stocks climbed on Thursday as investors cheered signs of progress on the U.S. debt ceiling deal, solid manufacturing data from China and dovish comments from Federal Reserve officials hinting at a pause in interest-rate hikes.
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767 days ago
DAX Rallies Led By Banks
German stocks rallied on Thursday after the lower house of the U.S. Congress overwhelmingly passed a crucial compromise measure to avert a debt default and a private survey showed China's factory activity unexpectedly swung to growth in May.
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767 days ago
Asian Shares Gain As US Debt Default Worries Ebb
Asian stocks rose broadly on Thursday as fears of a U.S. debt default eased, and a private survey showed China's factory activity unexpectedly swung to growth in May from decline.
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767 days ago
Mattel Unveils New Barbie The Movie Collection
Toy maker Mattel, Inc. has unveiled a new product collection from across the portfolio of its brands inspired by the upcoming film, Barbie. The hugely anticipated feature film, created in partnership with Warner Bros. Pictures, debuts in theaters nationwide July 21. The new line features over half a dozen iconic Barbie and Ken looks inspired by the film.
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767 days ago
Australian Dollar Rises After Strong China Manufacturing PMI Data
The Australian dollar strengthened against other major currencies in the Asian session on Thursday, following the release of China's manufacturing activity that expanded for the first time in three months in May, as strong new orders boosted production.
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767 days ago
China Manufacturing Sector Recovers In May
China's manufacturing activity expanded for the first time in three months in May as strong new orders boosted production, survey results from S&P Global revealed on Thursday. The Caixin manufacturing Purchasing Managers' Index picked up to 50.9 in May from 49.5 in April. The reading was forecast to remain unchanged at 49.5. The latest reading was above the neutral 50.0 level.
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767 days ago
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