Forex News
Swiss Market Close Moderately Lower
The Switzerland market closed weak on Wednesday after languishing in the red right through the day's trading session, as investors looked for directional clues and made cautious moves.
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14h 44min ago
European Stocks Close Broadly Higher
European stocks closed broadly lower on Wednesday despite political uncertainty in France, and lingering concerns about geopolitical tensions. Investors also awaited some crucial economic data from the U.S.
A report from the Organization for Economic Co-operation and Development (OECD) saying that the global economy will likely remain resilient helped underpin sentiment.
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14h 59min ago
ECB's Lagarde Says Eurozone Outlook Uncertain Amid Downside Risks
Euro area medium term economic outlook is uncertain, and growth is set to remain weak in the short term while inflation is expected temporarily rise, European Central Bank President Christine Lagarde said Wednesday.
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15h 6min ago
U.S. Factory Orders Rise In Line With Estimates In October
The Commerce Department released a report on Wednesday showing a modest increase by new orders for U.S. manufactured goods in the month of October. The report said factory orders rose by 0.2 percent in October after dipping by a revised 0.2 percent in September. Economists had expected factory orders to rise by 0.2 percent.
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17h 22min ago
U.S. Service Sector Growth Slows More Than Expected In November
A report released by the Institute for Supply Management on Wednesday showed U.S. service sector growth slowed by more than anticipated in the month of November. The ISM said its services PMI fell to 52.1 in November from 56.0 in October. While a reading above 50 still indicates growth, economists had expected the index to show a much more modest decrease to 55.5.
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17h 41min ago
U.S. Private Sector Job Growth Falls Modestly Short Of Estimates In November
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by slightly less than expected in the month of November. ADP said private sector employment climbed by 146,000 jobs in November after jumping by a downwardly revised 184,000 jobs in October.
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18h 13min ago
U.S. Private Sector Employment Climbs Slightly Less Than Expected November
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by slightly less than expected in the month of November.
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19h 38min ago
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Eurozone Private Sector Re-Enters Contraction Zone
The euro area private sector fell back into the contraction territory in the penultimate month of the year as business activity dropped the most since January amid a renewed fall in services output, final data from S&P Global showed on Wednesday. The HCOB final composite output index fell to 48.3 in November from 50.0 in October. The flash reading was 48.1.
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19h 59min ago
Dollar Tree Q3 Beats Market, Updates FY24 View, CFO To Resign; Stock Up
Shares of Dollar Tree, Inc. were gaining around 5 percent in the pre-market activity on the Nasdaq, after the discount retail chain on Wednesday reported higher third-quarter results, above market estimates. The company also issued fourth-quarter outlook and updated fiscal 2024 forecast. Further, Dollar Tree said its Chief Financial Officer Jeff Davis has agreed to step down from the role.
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20h 5min ago
Bay Street Likely To Open On Firm Note
Canadian shares look headed for a positive start Wednesday morning thanks to strong quarterly earnings updates from Royal Bank of Canada and National Bank of Canada, and firm European stocks.
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20h 33min ago
Pound Falls As BoE Governor Bailey Signals Four Rate Cuts Next Year
The British pound weakened against most major currencies in the European session on Wednesday, after the Bank of England (BoE) Governor Baily predicted four interest rate cuts in 2025.
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20h 40min ago
Pound Falls Against Most Majors
The British pound weakened against most major currencies in the European session on Wednesday.
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20h 58min ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Wednesday.
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21h 9min ago
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