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Forex News
European Stocks Close Higher On Earnings, Strong Chinese Data
European stocks closed higher on Tuesday with upbeat economic data from China, some stronger-than-expected earnings updates from U.S. companies, and a couple of acquisition news help underpinning sentiment.
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814 days ago
Canadian Market Modestly Higher; Bellus Health Soars On Acquisition News
The Canadian market is modestly higher a little past noon on Tuesday, thanks to gains in pharma stocks Bellus Health Inc.
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814 days ago
Indonesia Leaves Rates Unchanged At 5.75% For Third Time
Indonesia's central bank held its interest rates steady for the third successive meeting on Tuesday and signaled that they will remain unchanged for the rest of the year as policymakers assessed that the current level of interest rates is sufficient to anchor inflation within the target range.
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814 days ago
Apple CEO Tim Cook Opens First Store In India
Apple Inc. Chief Executive Officer Tim Cook has inaugurated the tech major's first retail store in India, which is being considered as its new manufacturing base as well as new growth market. The first store, called Apple BKC, is located in the country's financial capital Mumbai. On Thursday, the company will open its second store in India, Apple Saket, in the capital of Delhi.
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814 days ago
German ZEW Economic Confidence Unexpectedly Deteriorates In April
German economic confidence deteriorated unexpectedly in April as high inflation and restrictive monetary policy weighed on economic activity. The ZEW Indicator of Economic Sentiment fell sharply to 4.1 in April from 13.0 in March. The score was forecast to improve to 15.3. The score suggested no significant improvement in the economic situation over the next six months.
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815 days ago
U.S. Dollar Falls On Strong China Data
The U.S. dollar weakened against its major counterparts in the European session on Tuesday, as better-than-expected GDP data from China lifted European shares.
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815 days ago
U.S. Housing Starts Decline 0.8% In March
The Commerce Department released a report on Tuesday showing a decrease in new residential construction in the U.S. in the month of March.
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815 days ago
more news
Goldman Sachs Q1 Profit Down, Yet Beats; Topline Misses View
Goldman Sachs Group Inc. reported Tuesday lower profit in its first quarter as revenues were hurt mainly by weak performance in Global Banking & Markets. Earnings per share, however, beat market estimates, while topline missed view. In pre-market activity on the NYSE, the banking major's shares were losing around 3.5 percent. Citing the weak results amid the banking industry turmoil, David Solomon
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815 days ago
UK Wage Growth Strengthens Case For Rate Hike
The UK total pay grew more than expected in the three months to February and higher job vacancies again strengthened wage demands, official data revealed Tuesday, adding the call for a quarter-point interest rate hike from the Bank of England next month.
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815 days ago
Bay Street Seen Extending Gains At Open; Inflation Data In Focus
Canadian shares look headed for a positive start on Tuesday, tracking positive cues from European markets, strong earnings from U.S. banks, and upbeat Chinese economic data.
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815 days ago
Mining Stocks Lift FTSE 100
FTSE 100 of the London Stock Exchange gained, helped by gains in the mining sector. Positive economic data updates from China as well as upbeat corporate earnings also supported sentiment.
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815 days ago
European Stocks Surging Higher On Earnings Optimism
European stocks are up in positive territory on Tuesday as strong economic data from China, and some upbeat earnings updates from top U.S. companies Bank of America and Johnson & Johnson help outweigh concerns about interest rates.
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815 days ago
CAC-40 Hovers Near Record High
The CAC-40 traded close to the high of 7552 amidst the positive sentiment triggered by China's GDP surprise that lifted luxury shares.
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815 days ago
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