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Dollar Drifts Lower On Hopes Fed Might Slowdown Pace Of Rate Hikes
The U.S. dollar drifted lower on Tuesday amid hopes the Federal Reserve might slow down the pace of interest rate hikes as data showed a contraction in US business activity in the month of October.
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Před 920 dny
Swiss Market Ends Sharply Higher On Strong Earnings News
The Switzerland stock market ended on a strong note on Tuesday, tracking positive global cues and reacting to some buoyant earnings updates.
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Před 920 dny
European Stocks Close Higher On Strong Earnings
European stocks closed higher on Tuesday with investors digesting a slew of strong earnings updates and looking ahead to upcoming policy announcements from the Federal Reserve and the European Central Bank.
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Před 920 dny
Canadian Shares Recover After Weak Start; Technology, Healthcare Stocks Shine
After opening on a negative note, tracking weak commodity prices, the Canadian market rebounded Tuesday morning, and is gaining in strength thanks to strong buying in healthcare, technology and consumer discretionary stocks.
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Před 920 dny
U.S. Consumer Confidence Pulls Back Much More Than Expected In October
A report released by the Conference Board on Tuesday showed U.S. consumer confidence pulled back by much more than expected in the month of October. The Conference Board said its consumer confidence index slumped to 102.5 in October from a revised 107.8 in September. Economists had expected the index to dip to 106.0.
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Před 920 dny
Australia Treasurer Unveils Budget Of Restraint
Australia's Treasurer Jim Chalmers unveiled a budget of "restraint" on Tuesday, promising relief from the rising cost of living without adding to inflation. Delivering the Labor Government's first Federal Budget on Parliament, Chalmers said his responsible approach to revenue upgrades and spending restraint means gross debt as a share of GDP remains lower than at the Pre-election Economic and F
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Před 920 dny
German Ifo Business Confidence Lowest Since May 2020
Germany's business confidence dropped further in October to reach its lowest level in twenty-nine months as companies were less satisfied with their current business, and were more concerned about the future, survey results from the ifo Institute showed on Tuesday.
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Před 920 dny
more news
Canadian Dollar Weakens As Oil Prices Drop
The Canadian dollar dropped against its major counterparts in the European session on Tuesday amid falling oil prices, as weak economic data across the globe fuelled concerns that global demand may be faltering.
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Před 920 dny
Wall Street Likely To Open Weak
Lower futures and weak commodity prices point to a negative start for stocks on Wall Street Tuesday morning.
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Před 920 dny
Adidas Ends Partnership With Ye Immediately; Stock Down
German sports sneaker and apparel maker Adidas AG announced Tuesday that it terminated its partnership with American rapper Kanye West, who now goes by the name Ye, with immediate effect, citing his recent offensive behaviour. Adidas expects the decision to result in a short-term negative impact of up to 250 million euros on its fiscal 2022 net income due to the high seasonality.
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Před 920 dny
Bay Street Likely To Open On Negative Note
Canadian shares are likely to open weak on Tuesday, tracking lower crude oil and bullion prices. The mood is likely to remain cautious with investors looking ahead to the Bank of Canada's interest rate decision on Wednesday.
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Před 920 dny
Moody's Slashes FY22 Outlook - Update
While reporting financial results for the third quarter on Tuesday, Moody's Corp. (MCO) slashed its earnings, adjusted earnings and revenue growth guidance for the full-year 2022.
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Před 920 dny
Raytheon Technologies Boosts FY22 Adj. EPS Outlook
While reporting financial results for the third quarter on Tuesday, aerospace and defense company Raytheon Technologies Corp. (RTX) raised its adjusted earnings outlook for the full-year 2022, while trimming annual revenue guidance.
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Před 920 dny
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