Forex News

Adidas Q3 Profit Down; Cuts FY22 Outlook

Adidas Q3 Profit Down; Cuts FY22 Outlook

German sports sneaker and apparel maker Adidas AG on Wednesday reported sharply lower profit in its third quarter, despite higher net sales. The company also trimmed its fiscal 2022 forecast, mainly reflecting the impact from the recent termination of adidas Yeezy partnership.
RTTNews | 976 days ago
Asian Shares Mixed As China COVID Concerns Weigh

Asian Shares Mixed As China COVID Concerns Weigh

Asian stocks turned in a mixed performance on Wednesday as investors fretted about a surge in new infections in some Chinese cities and monitored the U.S mid-term election results. Thursday's U.S. CPI data also remained on investors' radar.
RTTNews | 976 days ago
NZ Dollar Falls Amid Tepid China Data, U.S. Midterm Election Results

NZ Dollar Falls Amid Tepid China Data, U.S. Midterm Election Results

The NZ dollar dropped against its major counterparts in the Asian session on Wednesday, as China's consumer inflation slowed more than expected in October and investors digested the likelihood of Republicans attaining a majority in the U.S. House of Representatives in midterm elections.
RTTNews | 976 days ago
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Sensex, Nifty Marginally Higher In Early Trade

Sensex, Nifty Marginally Higher In Early Trade

Indian shares were flat to slightly higher on Wednesday as investors monitored U.S. election results and looked ahead to Thursday's report on U.S. consumer price inflation, which might suggest the path for interest rates ahead.
RTTNews | 977 days ago
Asian Markets Trading Mostly Higher

Asian Markets Trading Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from global markets overnight, as bond yields dropped and most Asian currencies strengthened against the US dollar. Traders also look ahead to a report on US consumer price inflation, which could have a significant impact on the outlook for interest rates. Asian Markets closed mixed on Tuesday.
RTTNews | 977 days ago
Thai Shares Tipped To Build On Tuesday's Gains

Thai Shares Tipped To Build On Tuesday's Gains

The Thai stock market bounced higher again on Tuesday, one session after snapping the two-day winning streak in which it had risen just a single point. The Stock Exchange of Thailand now rests just above the 1,630-point plateau and it's predicted to add to its winnings on Wednesday.
RTTNews | 977 days ago

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