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Forex News
U.S. Housing Starts Plunge To Three-Year Low But Building Permits Spike
While the Commerce Department released a report on Tuesday showing a much sharper than expected pullback in U.S. housing starts in the month of August, the report also showed a much bigger than expected surge in U.S. building permits. The report said housing starts plunged by 11.3 percent to an annual rate of 1.283 million in August.
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660 days ago
Euro Off 5-day High Against U.S. Dollar
The euro retreated against the U.S. dollar in the New York session on Tuesday.
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660 days ago
Canadian Dollar Climbs As Inflation Jumps
The Canadian dollar appreciated against its major counterparts in the European session on Tuesday, as the nation's annual consumer inflation accelerated more than expected in August.
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660 days ago
Elon Musk Plans Monthly Payment For Use Of X
Elon Musk said X platform, formerly Twitter, is moving to initiate a small, monthly subscription fee for all users. The social network now has 550 million monthly users, he added in a live-streamed discussion with Israeli Prime Minister Benjamin Netanyahu. Musk, who heads Tesla, SpaceX and X Corp., was talking about artificial intelligence, anti-semitism, and his plans for X, which he bought last
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660 days ago
Pound Rises Ahead Of U.K. CPI Data, Central Bank Decisions
The pound advanced against its major counterparts in the European session on Tuesday, as traders awaited a slew of central bank decisions as well as U.K. inflation data for more clues on the policy outlook.
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661 days ago
Eltek Gets $2.9 Mln Purchase Order From Existing Customer
Eltek Ltd. (ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced Tuesday that the company has received a purchase order in the amount of $2.9 million from an existing customer.
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661 days ago
HanesBrands To Evaluate Strategic Options For Global Champion Business
HanesBrands, Inc. (HBI) announced Tuesday that its Board of Directors and executive leadership team, with the assistance of financial and legal advisors, are undertaking an evaluation of strategic options for the global Champion business.
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661 days ago
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Cboe Global Markets Appoints Fredric Tomczyk As CEO
Cboe Global Markets, Inc. (CBOE), the world's leading derivatives and securities exchange network, announced Tuesday that it has appointed Fredric Tomczyk, a current member of Cboe's Board of Directors, to the role of CEO, effective immediately.
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661 days ago
U.S. Housing Starts Pull Back Much More Than Expected In August
The Commerce Department released a report on Tuesday showing a sharp pullback in U.S. housing starts in the month of August, although the report also showed a spike in U.S. building permits.
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661 days ago
Replimune Group Appoints Emily Hill As CFO
Biotechnology company Replimune Group, Inc. (REPL) announced Tuesday the appointment of Emily Hill as Chief Financial Officer. Hill was most recently CFO of the commercial stage biotech company PTC Therapeutics.
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661 days ago
Leidos Secures $7.9 Bln Next-generation Prime Contract From U.S. Army
Technology firm Leidos Holdings, Inc. (LDOS) announced Tuesday it was recently awarded a next-generation prime contract to provide the U.S. Army with rapid procurement of information technology (IT) hardware solutions. The contract has a maximum value of $7.9 billion if all options are exercised.
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661 days ago
Eurozone Inflation Slows To 5.2%
Eurozone inflation slowed unexpectedly in August, revised data from Eurostat showed on Wednesday. Consumer price inflation for August was revised down to 5.2 percent. Initially, the rate was seen at 5.3 percent, unchanged from July. However, core inflation that excludes prices of energy, food, alcohol and tobacco, was confirmed at 5.3 percent.
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661 days ago
Bay Street Likely To Open On Subdued Note; Inflation Data In Focus
Canadian and U.S. futures are pointing to a subdued start for the Canadian market Tuesday morning. However, Canadian inflation data, due in a while, is likely to significantly impact the mood.
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661 days ago
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