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Forex News
Singapore Inflation Data Due On Tuesday
Singapore will on Tuesday release April figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity.
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781 days ago
Dollar Subdued Against Major Counterparts
The U.S. dollar traded weak against its major rivals on Monday with traders digesting comments from Fed officials and assessing the outlook for interest rates, and awaited updates from debt ceiling deal negotiations.
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781 days ago
South Korea Consumer Sentiment Index Rises In May - BoK
Consumer sentiment in South Korea improved in May, the Bank of Korea said in Tuesday's Composite Consumer Sentiment Index (CCSI) for May, which posted a score of 98.0 - up from April by 2.9 points.
Consumer sentiment regarding current living standards was one point higher than in April at 88, while the outlook was two points higher at 92.
Consumer sentiment related to future household income was one point higher than in April, at 97, and the outlook was one point higher than in the previous month, at 111.
Consumer sentiment concerning current domestic economic conditions was six points higher than in April, at 64, and the outlook was six points higher than in the previous month, at 74.
The expected inflation rate for the upcoming year was 3.5 percent.
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781 days ago
U.S. Stocks Close On Mixed Note After Lackluster Session
U.S. stocks turned in a mixed performance on Monday with technology shares outperforming the broad market.
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781 days ago
Swiss Market Ends Marginally Down
The Switzerland stock market recovered after opening marginally lower on Monday, but slipped into negative territory soon and then stayed weak right through the day's session to eventually close slightly down.
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781 days ago
European Stocks Close Mixed After Cautious Session
European stocks turned in a mixed performance on Monday with investors largely making cautious moves, focusing on U.S. debt ceiling talks.
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781 days ago
Eurozone Consumer Confidence Improves Modestly
Pessimism among euro area consumers declined for a second straight month in May, but the improvement was less than expected, preliminary survey results from the European Commission showed Monday. The seasonally adjusted flash consumer confidence rose to -17.4 from -17.5 in April. Economists had forecast a score of -17.0.
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781 days ago
more news
Debt Ceiling And Dovish Powell Drive Currency Market Sentiment
The stalemate over the U.S. debt ceiling, uncertainty over monetary policy in the U.S. amidst sticky inflation, and concerns about the slowing growth in China, formed the backdrop for currency markets in the week spanning May 15 to May 19.
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781 days ago
Swiss Franc Climbs Against Majors
The Swiss franc traded higher against its major counterparts in the European session on Monday.
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781 days ago
Chevron To Acquire PDC Energy In All-stock Deal Valued At $6.3 Bln Or $72/Share
Chevron Corp. (CVX) announced Monday that it has entered into a definitive agreement with PDC Energy, Inc. (PDCE) to acquire all of the outstanding shares of PDC in an all-stock transaction valued at $6.3 billion, or $72 per share.
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781 days ago
BioCryst Pharma Receives Approval Of ORLADEYO From Public Health Institute Of Chile
BioCryst Pharmaceuticals, Inc. (BCRX) announced Monday that the Public Health Institute (ISP) of Chile has granted marketing authorization for oral, once-daily ORLADEYO (berotralstat) for the prophylaxis of hereditary angioedema (HAE) attacks in patients 12 years of age or older.
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781 days ago
Ironwood Pharma To Acquire VectivBio For $17/Shr In All-cash Deal
GI-focused healthcare company Ironwood Pharmaceuticals, Inc. (IRWD) and biopharmaceutical company VectivBio Holding AG (VECT) announced Monday that they have entered into a definitive agreement for Ironwood to acquire VectivBio for $17.00 per share in an all-cash transaction with an estimated aggregate consideration of approximately $1 billion, net of VectivBio cash and debt.
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781 days ago
Albemarle Inks Five-year Deal With Ford To Deliver Battery-grade Lithium Hydroxide
Albemarle Corp. (ALB) announced Monday a definitive agreement with Ford Motor Co. (F) to deliver battery-grade lithium hydroxide to support the automaker's ability to scale electric vehicle (EV) production.
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781 days ago
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