Forex News

European Stocks Close Slightly Higher After Cautious Session

Despite paring early gains slipping into negative territory midway through the session, European stocks managed to close slightly higher on Monday with investors continuing to react positively to last week's encouraging data from the U.S.
RTTNews | 1057 days ago
U.S. Housing Market Index Unexpectedly Drops To Two-Year Low In August

U.S. Housing Market Index Unexpectedly Drops To Two-Year Low In August

A report released by the National Association of Home Builders on Monday unexpectedly showed a continued deterioration in U.S. homebuilder confidence in the month of August. The report showed the NAHB/Wells Fargo Housing Market Index dropped to 49 in August from 55 in July. Economists had expected the index to come in unchanged.
RTTNews | 1058 days ago
Canadian Dollar Weakens As Oil Prices Drop

Canadian Dollar Weakens As Oil Prices Drop

The Canadian dollar depreciated against its most major counterparts in the European session on Monday, as weak economic data from China sent oil prices lower.
RTTNews | 1058 days ago
New York Manufacturing Index Unexpectedly Indicates Contraction In August

New York Manufacturing Index Unexpectedly Indicates Contraction In August

New York manufacturing activity has unexpectedly seen a substantial contraction in the month of August, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed said its general business conditions index plummeted to a negative 31.3 in August from a positive 11.1 in July.
RTTNews | 1058 days ago
Unrivaled Brands Names Sabas Carrillo As Interim CEO

Unrivaled Brands Names Sabas Carrillo As Interim CEO

Cannabis-focused agriculture company Unrivaled Brands, Inc. (UNRV) on Monday named Sabas Carrillo as Interim Chief Executive Officer, effective Friday, August 12, 2022. The appointment of Sabas comes on the heels of Unrivaled's previously announced 100-day turnaround plan and strategic restructuring.
RTTNews | 1058 days ago
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U.S. Dollar Higher On Fed Rate Hike Bets, Weak China Data

U.S. Dollar Higher On Fed Rate Hike Bets, Weak China Data

The U.S. dollar advanced against its most major counterparts in the European session on Monday, on expectations of aggressive interest rate hikes from the Federal Reserve and as disappointing economic data from China sparked recession fears.
RTTNews | 1058 days ago
Accelerate Diagnostics Q2 Net Loss Narrows

Accelerate Diagnostics Q2 Net Loss Narrows

Vitro diagnostics company Accelerate Diagnostics, Inc. (AXDX) announced Monday that net loss for the second quarter narrowed to $17.80 million or $0.23 per share from $21.67 million or $0.36 per share in the prior-year quarter.
RTTNews | 1058 days ago
Bay Street Seen Opening On Negative Note

Bay Street Seen Opening On Negative Note

The Canadian market is likely to open on a negative note Monday morning, tracking sharply lower crude oil and bullion prices following disappointing economic data from China.
RTTNews | 1058 days ago
Novavax Submits EUA Application To FDA For COVID-19 Booster In Adults

Novavax Submits EUA Application To FDA For COVID-19 Booster In Adults

Biotechnology company Novavax, Inc. (NVAX) announced Monday that it submitted an application to the U.S. Food and Drug Administration (FDA) for Emergency Use Authorization (EUA) of its protein-based COVID-19 Vaccine, Adjuvanted for active immunization to prevent COVID-19 caused by the severe acute respiratory syndrome SARS-CoV-2 as a homologous and heterologous booster in adults aged 18 and older. If authorized, Novavax' vaccine would be the first protein-based COVID-19 booster for adults.
RTTNews | 1058 days ago
Altus Power Swings To Profit In Q2; Reaffirms FY22 Outlook

Altus Power Swings To Profit In Q2; Reaffirms FY22 Outlook

Altus Power, Inc. (AMPS) announced Monday second-quarter net income attributable to Altus of $24.12 million or $0.16 per share, compared to a net loss of $1.19 million or $0.01 per share in the prior-year quarter.
RTTNews | 1058 days ago

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