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Forex News
TSX Ends On Strong Note
The Canadian market ended on a strong note on Tuesday, led by gains in healthcare, energy, technology and financials shares.
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839 days ago
Dollar Turns In Mixed Performance Ahead Of Fed Rate Decision
After staying firm in the Asian session, the U.S. dollar retreated on Tuesday and despite recovering from the session's lows, turned in a sluggish performance ahead of the Federal Reserve's monetary policy announcement.
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839 days ago
Swiss Market Ends On Strong Note; UBS, Credit Suisse Rise Sharply
The Switzerland stock market ended on a strong note on Tuesday, in line with European markets, as investors continued to cheer the steps taken by governments and central banks to rescue troubled U.S. and European banks.
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839 days ago
European Stocks Close Sharply Higher As Rescue Efforts Help Ease Concerns About Banking Crisis
European stocks closed sharply higher on Tuesday amid easing concerns about the health of the banking sector following the efforts by governments and central banks to rescue distressed banks in the U.S. and Europe.
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839 days ago
U.S. Existing Home Sales Soar In February, Snapping 12-Month Streak Of Declines
A report released by the National Association of Realtors on Tuesday showed existing home sales in the U.S. rebounded by much more than expected in the month of February. NAR said existing home sales spiked by 14.5 percent to an annual rate of 4.58 million in February after falling by 0.7 percent to a rate of 4.00 million in January.
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839 days ago
Attorneys General Of 23 US States Urge Hyundai, Kia To Take Swift Action Against Car Thefts
A group of 23 U.S. states attorneys general have asked South Korean car manufacturers Hyundai Motor and Kia Corp. to take action more quickly to solve problems with millions of U.S. vehicles facing theft. The issue is related to the companies' failure to equip vehicles with anti-theft immobilizers, which has been a standard equipment on vehicles sold by other major manufacture
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839 days ago
Euro Climbs Amid Risk Appetite
The euro advanced against its major counterparts in the European session on Tuesday amid risk appetite, as fears over a banking crisis eased, and investors awaited the Federal Reserve's interest-rate decision.
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839 days ago
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Bay Street Likely To Open On Cautious Note; Inflation Data In Focus
Bay Street is set to open on a cautious note on Tuesday with investors reacting to Canadian inflation data for the month of February, and looking ahead to the Federal Reserve's rate decision on Wednesday.
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839 days ago
German ZEW Economic Confidence Declines Sharply In March
German economic confidence declined sharply in March reflecting the turmoil in the global financial markets, a closely-watched survey showed Tuesday. The ZEW Indicator of Economic Sentiment declined to 13.0 in March from 28.1 in February, the Mannheim-based think tank said.
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839 days ago
BlackBerry To Sell Non-core Patents And Patent Applications To Malikie For Up To $900 Mln
BlackBerry Ltd. (BB, BB.TO), a provider of intelligent security software and services, announced Tuesday that it has entered into an agreement to sell substantially all of its non-core patents and patent applications to Malikie Innovations Ltd. for a combination of cash at closing and potential future royalties in the aggregate amount of up to $900 million.
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839 days ago
UK Budget Deficit Widens On Energy Subsidies
The UK budget deficit increased more than expected to its highest February level due to huge spending on energy support schemes, the Office for National Statistics reported Tuesday. Public sector net borrowing excluding banks increased by GBP 9.7 billion from the last year to GBP 16.7 billion in February.
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839 days ago
Sensex, Nifty Follow Global Peers Higher
Indian shares rose notably on Tuesday as fears of contagion in the banking sector subsided after the rescue of Credit Suisse by UBS and moves by central banks to improve dollar liquidity.
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839 days ago
European Shares Gain As Investors Await Fed Decision
European stocks traded higher on Tuesday as a two-day policy meeting of the Federal Reserve gets underway later today, with markets expecting a 25-bps rate hike on Wednesday.
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839 days ago
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