Forex News

Bay Street Seen Opening Weak On Recession Fears

Bay Street Seen Opening Weak On Recession Fears

Canadian shares are set to open on a weak note on Monday, weighed down by lower commodity prices amid rising fears the global economy is slipping into a recession.
RTTNews | 948 days ago
Dollar Tree Says Michael Creedon To Join As COO

Dollar Tree Says Michael Creedon To Join As COO

Dollar Tree, Inc. (DLTR) announced Monday that Michael Creedon, Jr. will be joining the organization as Chief Operating Officer. Creedon joins the company from Advance Auto Parts, where was Executive Vice President of U.S. Stores since March 2021.
RTTNews | 948 days ago
Sensex, Nifty End Deep In Red; IT Stocks Gain On Rupee Weakness

Sensex, Nifty End Deep In Red; IT Stocks Gain On Rupee Weakness

Indian shares fell for a fourth consecutive session on Monday and the rupee hit a record low for a third straight session, as investors fretted about faster inflation, aggressive central bank action and a possible global recession.
RTTNews | 948 days ago
German Ifo Business Confidence At 28-Month Low

German Ifo Business Confidence At 28-Month Low

German business confidence declined to the lowest level in more than two years in September signaling that the economy is slipping into a recession, survey results from the ifo Institute showed on Monday. The business confidence index fell sharply to 84.3 in September from 88.6 in August. This was the lowest since May 2020 and also below economists' forecast of 87.0.
RTTNews | 948 days ago
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Asian Shares Extend Losses As Recession Worries Mount

Asian Shares Extend Losses As Recession Worries Mount

Asian stocks fell on Monday to extend recent losses, the dollar surged to new 20-year highs on rising yields, gold held at 2-1/2-year trough and oil extended last week's losses as recession fears gripped financial markets.
RTTNews | 949 days ago
European Shares Set To Fall; FTSE May Outperform As Pound Hits Record Low

European Shares Set To Fall; FTSE May Outperform As Pound Hits Record Low

European markets are seen opening broadly lower on Monday, though U.K. stocks may see some benefit from a weakening pound, which plunged to a record low against the dollar on recession fears after new finance minister Kwasi Kwarteng unveiled a controversial tax-cutting mini-budget.
RTTNews | 949 days ago

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