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Forex News
China Data Tentatively Scheduled For Monday Release
After delaying release last week during the National Congress of the Communist Party, China is now tentatively scheduled to provide key economic data on Monday - including trade data, GDP, industrial production and retail sales.
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990 days ago
TSX Ends On Buoyant Note
The Canadian market ended on a buoyant note on Friday thanks to sustained buying across the board after bond yields dropped amid uncertainty about the pace of interest rate hikes by the Federal Reserve at its upcoming meetings.
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992 days ago
Dollar Retreats Amid Uncertainty About Size Of Upcoming Rate Hikes
After climbing higher in the Asian session on Friday, the U.S. dollar turned weak as the day progressed, amid uncertainty about the pace of interest rate hikes by the Federal Reserve in the coming months.
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992 days ago
Swiss Market Ends Weak Again
The Switzerland stock market ended on a weak note on Friday after staying in negative territory right through the day's session.
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992 days ago
European Stocks Close Broadly Lower On Recession Fears
European stocks closed broadly lower on Friday, weighed down by fears about a global recession, and worries on the political front.
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992 days ago
Canadian Stocks Surging Higher; Materials Shares Rise
The Canadian market is fairly well placed in positive territory around noon on Friday with stocks from materials and consumer staples sectors posting notable gains.
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992 days ago
Pfizer Likely To Hike U.S. COVID Vaccine Price
Pfizer Inc. expects to increase the price of its COVID-19 vaccine after the United States government's current purchase program expires, Reuters reported citing Pfizer executive Angela Lukin. The drug major is likely to quadruple the price of its COVID-19 vaccine to about $110 to $130 per dose.
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992 days ago
more news
Central Pacific Financial Q3 Profit Declines, But Tops Estimates
Central Pacific Financial Corp. (CPF) the parent company of Central Pacific Bank, on Friday reported that net income for the third quarter declined to $16.72 million or $0.61 per share from $20.82 million or $0.74 per share in the prior-year quarter.
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992 days ago
Bay Street Seen Opening Lower On Recession Fears
Lower futures and bullion prices, and weakness in European markets due to rising concerns about a recession point to a negative start for Canadian shares on Friday.
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992 days ago
American Express Q3 Profit Up 3%, Tops Estimates
Integrated payments company American Express reported on Friday the net profit for the third quarter grew three percent from last year, driven by double-digit revenue growth across all its operating segments, partially offset by higher provisions for credit losses. Earnings per share topped analysts' estimates, while quarterly revenues missed it by a whisker.
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992 days ago
U.S. Dollar Appreciates On Fed Tightening Bets
The U.S. dollar was higher in the European session on Friday, as expectations of steep interest rate hikes by the U.S. Federal Reserve lifted treasury yields.
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993 days ago
Sensex, Nifty Finish Marginally Higher As Banks Climb
Indian shares gave up early gains to end on a flat note Friday as strong earnings updates, including from Axis Bank, were offset by weak global cues.
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993 days ago
European Shares Tumble As Bond Yields Rise Again
European stocks tumbled on Friday amid worries about persistent inflation and the Federal Reserve's aggressive rate-hike cycle.
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993 days ago
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