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Forex News
Avery Dennison Trims FY22 Adj. EPS Outlook - Update
While reporting financial results for the third quarter on Wednesday, materials science company Avery Dennison Corp. (AVY) trimmed its adjusted earnings outlook for the full-year 2022.
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1061 days ago
French Consumer Confidence Rebounds Unexpectedly
France's consumer confidence improved unexpectedly in October, after weakening slightly in the previous month as households were less pessimistic regarding an improvement in the cost of living in the next months, survey results from the statistical office Insee showed on Wednesday.
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1061 days ago
Oriental Education Sees Q2 Revenues Above Estimates - Update
While reporting financial results for the first quarter on Wednesday, Oriental Education & Technology Group Inc. (EDU) said it expects total net revenues in the second quarter to be in the range of $601.4 million to $619.2 million, representing year-over-year decline in the range of 9 to 6 percent.
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1061 days ago
European Shares Slip Amid Earnings Deluge
European stocks were broadly lower in choppy trade on Wednesday, as earnings proved to be a mixed bag and investors braced for the ECB rate decision on Thursday.
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1061 days ago
German Ifo Exporters' Confidence Rises In October
German exporters' expectations improved moderately in October despite rising energy prices and prospects of a recession, a survey conducted by the ifo Institute showed on Wednesday. The export expectations index climbed to -5.3 in October from -6.0 in the previous month. The September score was the weakest since May 2020.
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1061 days ago
FTSE 100 Slides As Earnings Disappoint
U.K. stocks fell on Wednesday as mixed earnings updates offset investor optimism over Rishi Sunak pledging to lead the country out of an economic crisis.
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1061 days ago
CAC 40 Inches Higher On Earnings
French stocks edged up slightly on Wednesday as Treasury yields continued their retreat on hopes for slower U.S. rate hikes in the coming months.
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1061 days ago
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Australian, NZ Dollars Advance On Slower Fed Rate Hike Expectations
The Australian and NZ dollars appreciated against their major counterparts in the Asian session on Wednesday, as soft U.S. economic data raised hopes that the Federal Reserve is likely slow the pace of rate hikes following its meeting in November.
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1061 days ago
DAX Rises On Earnings
German stocks advanced on Wednesday as investors digested a raft of earnings updates and looked ahead to Thursday's ECB meeting.
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1061 days ago
Deutsche Bank Q3 Profit Soars, AuM Down; To Meet FY22 Goals; Stock Down
German banking major Deutsche Bank AG reported Wednesday that its third-quarter profit grew more than threefold with higher revenues and weak expenses. Profit before tax was its highest third quarter result since 2006. Meanwhile, Assets under management declined. The bank said it is on track to meet fiscal 2022 outlook. Deutsche Bank shares were losing around 2 percent in the morning trading.
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1061 days ago
Asian Shares Climb As Fed Hike Bets Ease
Asian stocks advanced on Wednesday as weak U.S. data released overnight boosted expectations of a less hawkish Federal Reserve.
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1061 days ago
Clorox Recalls 37 Mln Pine-Sol Cleaners
Clorox Co. a manufacturer of consumer and professional products, is recalling various Pine-Sol multi-surface and all purpose cleaners citing risk of exposure to bacteria, the U.S. Consumer Product Safety Commission said. The recall includes Pine-Sol Scented Multi-Surface Cleaners, CloroxPro Pine-Sol All Purpose Cleaners, and Clorox Professional Pine-Sol Lemon Fresh Cleaners.
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1061 days ago
Chinese Yuan Rises To 2-day High Against U.S. Dollar Amid Forex Intervention
The Chinese yuan recovered against the U.S. dollar in the Asian session on Wednesday, following reports of intervention in the foreign exchange market.
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1061 days ago
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