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Forex News
New Zealand Inflation Data Due On Tuesday
New Zealand will on Tuesday release Q3 figures for consumer prices, highlighting a light day for Asia-Pacific economic activity.
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925 days ago
TSX Ends Sharply Higher
The Canadian market opened with a strong positive gap on Monday and stayed firm right through the session thanks to sustained buying across the board.
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925 days ago
Dollar Drifts Lower Against Other Major Currencies
The U.S. dollar drifted lower on Monday as the Sterling gained in strength against other major currencies after the new British Finance Minister Jeremy Hunt announced that the government would withdraw almost all tax measures of economic plan to support fiscal sustainability.
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925 days ago
Swiss Market Ends Sharply Higher On All-round Buying
Shrugging off some somewhat sluggish movements early on in the session, the Switzerland stock market kept surging higher and higher on Monday as buying interest gathered momentum, and eventually ended the day's session on a buoyant note.
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926 days ago
European Stocks Close Notably Higher On Bargain Hunting
European stocks closed notably higher on Monday, reacting to new British finance minister Jereme Hunt's decision to scrap most of the policies announced in Prime Minister Liz Truss's budget on September 23.
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926 days ago
UK Chancellor Hunt Reverses Tax Measures From 'Mini-budget'
UK's new Chancellor of the Exchequer Jeremy Hunt reversed almost all of the tax measures announced by his predecessor Kwasi Kwarteng in the 'mini-budget' on September 23, which attracted severe criticism for Prime Minister Liz Truss' government and caused a turmoil in the financial markets.
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926 days ago
Canadian Shares Rising Sharply On Bargain Hunting
Canadian shares are up sharply around noon on Monday with investors indulging in some hectic bargain hunting across the board, finding values a bit attractive after recent sharp losses.
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926 days ago
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Yen Weakens Amid Risk Appetite
The Japanese yen dropped against its major opponents in the European session on Monday, as European stocks rose after an announcement from new U.K. finance minister Jeremy Hunt that the government would scrap almost all tax measures in the mini-budget to provide economic stability.
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926 days ago
Walmart Offers Over-the-Counter Hearing Aids
Retail giant Walmart has begun offering over the counter (OTC) hearing aids to customers at affordable prices without a medical exam or fitting adjustment needed by an audiologist. The broad assortment of high-quality hearing aids will be available in the U.S. to customers who are 18 years and older with perceived mild-to-moderate hearing loss.
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926 days ago
New York Manufacturing Activity Contracts Faster Than Expected In October
A report released by the Federal Reserve Bank of New York on Monday showed regional manufacturing activity has contracted by more than expected in the month of October. The New York Fed said its general business conditions index slid to a negative 9.1 in October from a negative 1.5 in September.
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926 days ago
China Delays Q3 GDP Data Release
China delayed the publication of its third quarter GDP data on Monday without providing any explanation for the postponement as the release coincided with the 20th party conference of the ruling Communist Party. The publication was initially scheduled to be released on Tuesday. The quarterly GDP data along with other major economic indicators were marked as "delayed" on the website of NBS.
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926 days ago
Charles Schwab Q3 Profit Rises 32%; Results Top Estimates
Financial services firm Charles Schwab Corp. (SCHW) reported Monday that net income available to common shareholders for the third quarter grew to $2.02 billion or $0.99 per share from $1.53 billion or $0.74 per share in the year-ago quarter.
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926 days ago
MSA Safety Appoints Lee McChesney As New CFO
MSA Safety, Inc. (MSA) announced Monday that Lee McChesney has been named Senior Vice President and Chief Financial Officer. He previously served as Vice President, Corporate Finance and CFO for Stanley Black & Decker's $12.8 billion operating unit, Global Tools and Storage.
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926 days ago
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