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Actualités Forex
Australian Dollar Down In Cautious Trade
The Australian dollar moved down against its major counterparts in the European session on Monday, as investors became cautious ahead of interest rate decisions from major central banks due this week.
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Dollar Weakens As Fed Seen Slowing Down On Rate Hikes
Currency markets were sober in the week spanning January 23-27, amidst an anxious wait to the interest rate reviews by the Federal Reserve, Bank of England, European Central Bank and Reserve Bank of Australia due in the first week of February.
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Polish Economy Expands 4.9% In 2022
The Polish economy expanded during the year 2022 amid a solid increase in domestic demand and investments, though at a slower pace compared to the previous year, flash data from Statistics Poland showed on Monday. Gross domestic product advanced 4.9 percent in 2022 versus a 6.8 percent rise in 2021.
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GE HealthCare Q4 Profit Declines
Precision care innovator GE HealthCare Technologies, Inc., recently spun-off from General Electric Co., reported on Monday that profit for the fourth quarter declined from last year, reflecting higher interest and other financial charges. The company also initiated adjusted earnings guidance for the full-year 2023.
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Eurozone Economic Sentiment At 7-Month High
Eurozone economic confidence strengthened to a seven-month high in January as there were strong improvements across all sectors except construction, survey data from the European Commission showed Monday. The economic confidence index rose to 99.9 in January from revised 97.1 in the previous month.
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Bay Street Likely To Open Slightly Weak
Sluggish commodity prices and subdued European stocks point to a slightly negative start for the Canadian market on Monday.
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Toyota Is World's Top-selling Automaker Again
Japanese auto major Toyota Motor Corp. has retained its title as the world's top selling automaker in fiscal 2022 for the third straight year, by selling around 10.5 million vehicles. The global sales were nearly flat with last year amid solid demand centered around Asia, while global production grew with increased capacity and production optimization in North America and Asia.
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more news
German Economy Contracts In Q4
The German economy contracted at the end of the year, damping the possibility of the euro area skirting a technical recession, as suggested by recent surveys. Gross domestic product logged an unexpected quarterly fall of 0.2 percent, reversing the revised 0.5 percent expansion in the third quarter, preliminary data from Destatis revealed Monday. GDP was forecast to remain flat.
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Italy Producer Price Inflation Rises To 31.7%, Non-EU Trade Surplus Grows
Italy's producer price inflation accelerated at the end of the year, largely driven by rises in electricity supply prices on the domestic market, figures from the statistical office ISTAT showed on Monday. Separate official data showed that the trade surplus with non-EU countries rose in December, as exports grew more rapidly than imports.
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Krispy Kreme Launch Valentine's Day Dozen Box Of Doughnuts Full Of Real HERSHEY'S Chocolate
Krispy Kreme, Inc. (DNUT) announced Monday the availability of their new limited-edition Valentine's Day Dozen, the all-new heart-shaped doughnuts that are full of real HERSHEY'S milk chocolate and KISSES, strawberry and caramel syrup.
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Sensex, Nifty End Choppy Session Higher
Indian shares fluctuated before finishing modestly higher on Monday, led by IT and PSU bank stocks.
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Canadian Dollar Lower As Oil Prices Drop
The Canadian dollar declined against its most major counterparts on Monday, as oil prices fell ahead of a meeting of the Organization of the Petroleum Exporting Countries and allies to review current price policy.
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Philips Posts Q4 Loss, Plans 6,000 Job Cuts, Sees Growth Ahead; Stock Up
Dutch consumer electronics giant Philips Electronics NV reported Monday a loss in its fourth quarter, compared to prior year's profit, even as sales increased. The company further declared a dividend, and said its order book remains strong. Going ahead, the company projects comparable sales growth in fiscal 2023, 2025, and beyond.
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