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Forex News
U.S. Retail Sales Dip Amid Sharp Pullback In Auto Sales
After reporting a sharp increase in U.S. retail sales in the previous month, the Commerce Department released a report on Wednesday showing sales pulled back by slightly more than expected in the month of February. The Commerce Department said retail sales fell by 0.4 percent in February after spiking by an upwardly revised 3.2 percent in January.
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844 days ago
French Inflation Hits Record High
France's harmonized inflation rose more than initially estimated in February to hit a record high on higher food prices and services cost, final data from the statistical office INSEE showed on Wednesday. EU harmonized inflation advanced to 7.3 percent from 7.0 percent in the previous month. The rate was revised up from 7.2 percent estimated on February 28.
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844 days ago
U.S. Producer Prices Unexpectedly Edge Down 0.1% In February
Producer prices in the U.S. unexpectedly edged slightly lower in the month of February, according to a report released by the Labor Department on Wednesday.
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844 days ago
U.S. Retail Sales Pull Back Slightly More Than Expected In February
After reporting a sharp increase in U.S. retail sales in the previous month, the Commerce Department released a report on Wednesday showing sales pulled back by slightly more than expected in the month of February.
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844 days ago
Bay Street Likely To Open On Weak Note
Canadian shares are likely to open on a negative note on Thursday, tracking a sell-off in European markets, and weak crude oil prices, amid rising concerns about the crisis in the financial sector.
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844 days ago
Steel Dynamics Guides Q1 Profit Well Above Estimates
Steel producer Steel Dynamics Inc. (STLD) on Thursday provided its earnings and adjusted earnings guidance for the first quarter, well above analysts' estimates.
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844 days ago
Wall Street Seen Opening With Negative Gap
Sharply lower futures amid concerns about a crisis in the banking sector point to a weak start for U.S. stocks on Wednesday.
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844 days ago
more news
Crescita Therapeutics Q4 Profit Rises, But Revenues Decline
Crescita Therapeutics Inc. (CTX.TO) reported Wednesday that net income for the fourth quarter grew to C$1.18 million or C$0.04 per share from C$0.94 million or C$0.04 per share in the prior-year quarter.
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844 days ago
BIT Mining To Sell Remaining Shares In Crypto Flow HK$18.31 Mln
Cryptocurrency mining company BIT Mining Ltd (BTCM) announced Wednesday that the Company entered into a share sale and purchase agreement with an unaffiliated third party, pursuant to which the Company agreed to sell, and the Buyer agreed to purchase, all of the Company's remaining share ownership in Crypto Flow Technology Ltd., previously known as Loto Interactive Ltd.
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844 days ago
Tyson Foods To Close 2 US Chicken Plants, Lay Off 1,700 Workers
Tyson Foods Inc. plans to close two poultry plants in the United States and lay off almost 1,700 employees on May 12, reports said. The current scale and inability to economically improve operations is said to have led to the decision to close the facilities. The plants in Van Buren, Arkansas and Glen Allen, Virginia will be closed as part of its cost saving measures.
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844 days ago
Sensex, Nifty Surrender Early Gains To End Lower
Indian shares ended a choppy session lower on Wednesday, extending losses for a fifth consecutive session.
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844 days ago
European Shares Fall As Banks Resume Selloff
European stocks fell in cautious trade on Wednesday as investors kept a close eye on the developments surrounding the SVB crisis.
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844 days ago
Yen Drops Amid Smaller Fed Rate Hike Bets
The Japanese yen was lower against its major counterparts in the Asian session on Wednesday amid safe-haven status, as a slowdown in U.S. consumer inflation supported the case for another quarter-point rate hike by the Federal Reserve next week.
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844 days ago
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