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Bay Street Likely To Open On Cautious Note; U.S. Inflation Data In Focus
Canadian shares are likely to open on a cautious note on Wednesday with investors focusing on U.S. inflation data, which will provide clues on the Fed's next move on interest rates.
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1069 days ago
Thai Central Bank Raises Key Rate For First Time Since 2018
The Bank of Thailand raised its key interest rate for the first time in over three-and-a-half years as inflation is expected to remain above the target throughout this year. The Monetary Policy Committee voted 6 to 1 to raise the policy rate by a quarter-point to 0.75 percent, the central bank said on its website.
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1069 days ago
Wendy's Co. Boosts FY22 Adj. EPS Outlook; Q2 Adj. EPS Tops Estimates
While reporting financial results for the second quarter on Wednesday, The Wendy's Co. (WEN) raised its adjusted earnings guidance for the full-year 2022, while maintaining annual global systemwide sales growth outlook. The company also declared a quarterly dividend.
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1069 days ago
Tetra Bio-Pharma Announces New Positive Preclinical Results Of ARDS-003
Tetra Bio-Pharma Inc. (TBP.TO, TBPMF.OB), a cannabinoid-derived drug discovery firm, announced Wednesday new positive preclinical results from live SARS-CoV-2 virus infection studies as well as a septic lung model, carried out by independent researchers.
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1069 days ago
Sensex, Nifty End Little Changed Ahead Of US Inflation Data
Indian shares moved in a narrow range before finishing on a flat note Wednesday.
A cautious undertone prevailed as investors awaited key U.S. inflation data due out later in the day that could offer clues on the Fed's next move on interest rates.
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1069 days ago
European Shares Recover After Subdued Start
European shares recovered from a weak start to trade higher on Wednesday, as a slew of corporate earnings beat expectations and data showed German consumer price inflation slowed as initially estimated in July.
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1069 days ago
FTSE 100 Recovers From Early Dip
U.K. stocks were little changed on Wednesday, as investors awaited the release of U.S. inflation data later in the day for more clarity on the Fed's near-term policy outlook.
The benchmark FTSE 100 was marginally higher at 7,493, recovering from an early slide on the back of better-than-expected earnings.
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1069 days ago
more news
CAC 40 Rises Led By Banks
French stocks were slightly higher on Wednesday as investors awaited U.S. inflation data later in the day for clues on how aggressive the Federal Reserve will be in its expected interest rate hike in September.
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1069 days ago
DAX Edges Up In Cautious Trade
German stocks were slightly higher on Wednesday after data showed German consumer price inflation slowed as initially estimated in July.
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1069 days ago
Asian Shares Slide As Tech Stocks Drag
Asian stocks fell on Wednesday as risk appetite remained in check ahead of key U.S. inflation data due out later in the day that could offer clues on the Fed's next move on interest rates.
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1069 days ago
Indian Rupee Climbs To 2-day High Against U.S. Dollar
The Indian rupee appreciated against the U.S. dollar in late morning deals on Wednesday, as oil prices fell following an industry data showing an unexpected increase in U.S. crude inventories last week.
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1069 days ago
China Inflation At 2-Year High; Factory Gate Inflation Eases
China consumer price inflation accelerated to the highest in two years in July driven by pork prices, while factory gate inflation continued to ease, official data revealed Wednesday. Consumer price inflation rose to a two-year high of 2.7 percent in July from 2.5 percent in June, the National Bureau of Statistics reported. But the rate was below economists' forecast of 2.9 percent.
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1069 days ago
European Shares To See Cautious Start Ahead Of US Inflation Data
European stocks are seen opening little changed on Wednesday as investors await key U.S. consumer inflation data later in the day, which could impact the outlook for interest rates.
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1069 days ago
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