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Forex News
New York Manufacturing Index Indicates Significant Contraction In January
New York manufacturing activity has seen a significant contraction in the month of January, according to a report released by the Federal Reserve Bank of New York on Tuesday. The New York Fed said its general business conditions plunged to a negative 32.9 in January from a negative 11.2 in December, with a negative reading indicating a contraction.
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902 days ago
Abbott Says FDA Oks Navitor TAVI System To Treat Severe Aortic Stenosis
Abbott Laboratories (ABT) announced Tuesday that the U.S. Food and Drug Administration (FDA) has approved the company's latest-generation transcatheter aortic valve implantation (TAVI) system, Navitor, to treat people with severe aortic stenosis who are at high or extreme risk for open-heart surgery.
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902 days ago
U.S. CPI Readings Dominate Currency Market Movements
During the week January 9-13, the DXY depreciated from 103.91 to 102.20. The Dollar's bearish tilt provided a bullish prod to major currencies like the Euro, Pound, Yen etc.
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902 days ago
AIM ImmunoTech Inks Pancreatic Cancer Clinical Research Deals With AstraZeneca, Erasmus
Immuno-pharma company AIM ImmunoTech Inc. (AIM) announced Tuesday it has entered into an external sponsored collaborative clinical research agreement with Netherland-based Erasmus University Medical Center and AstraZeneca plc. (AZN, AZN.L).
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902 days ago
New York Manufacturing Index Unexpectedly Slides Further Into Negative Territory
New York manufacturing activity has seen a significant contraction in the month of January, according to a report released by the Federal Reserve Bank of New York on Tuesday.
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902 days ago
Loonie Rebounds Following Canada CPI
After the release of Canada consumer inflation for December at 8:30 am ET Tuesday, the loonie recovered against its major counterparts.
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902 days ago
German Economic Sentiment Strengthens On Favourable Energy Markets
Germany's economic sentiment turned positive in January for the first time in nearly a year, underpinned by more favorable energy market conditions, government energy price caps, and a better export situation as a result of China's current measures to lift Covid pandemic restrictions, survey results from ZEW research institute showed on Tuesday.
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902 days ago
more news
Goldman Sachs Q4 Profit Plunges 69%, Misses Estimates
Goldman Sachs Group Inc. reported Tuesday that profit for the fourth quarter plunged 69 percent from last year, reflecting higher provisions for bad loans, 16 percent drop in net revenues and 11 percent higher operating expenses. Both earnings and quarterly revenues missed analysts' expectations.
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902 days ago
Bay Street Likely To Open Mixed; Inflation Data In Focus
Canadian shares look headed for a mixed start on Tuesday if commodity prices are any indication. Crude oil prices are climbing higher, while bullion prices are weak.
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902 days ago
Calyxt And Cibus To Merge In All-stock Deal
Calyxt, Inc. (CLXT), a plant-based synthetic biology company, and Cibus, a leader in precision gene editing in agriculture, announced Tuesday that both companies have entered into a definitive merger agreement under which Calyxt and Cibus will merge in an all-stock transaction.
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902 days ago
Pound Climbs As U.K. Wage Growth Beats Forecasts
The pound advanced against its major counterparts in the European session on Tuesday, as investors cheered U.K. employment data showing a faster than expected wage growth in November.
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902 days ago
UK Jobless Rate Remains Unchanged, Wage Pressures Rise Further
The UK unemployment rate remained unchanged in the three months to November and wage pressures intensified despite the economy heading into a recession. Data from the Office for National Statistics showed that the ILO jobless rate held steady at 3.7 percent in the three months to November, as expected.
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902 days ago
Singapore Exports Slump 20.6% On Weaker Demand
Singapore's non-oil exports declined for the third straight month in December, and at a faster-than-expected pace, amid sharp falls in both shipments of electronic and non-electronic goods, data from Enterprise Singapore showed on Tuesday.
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902 days ago
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