Berita Valas
TSX Ends On Weak Note
Despite the Canadian central bank's decision to reduce interest rates by 25 basis points, the Canadian market ended weak on Wednesday due to a sell-off in technology stocks after a few big name U.S. tech firms reported disappointing quarterly numbers.
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809 hari yang lalu
South Korea GDP Data Due On Thursday
South Korea will on Thursday release preliminary Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
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809 hari yang lalu
Dollar Loses Ground Against Major Rivals Ahead Of Key Economic Data
The U.S. dollar stayed mostly weak on Wednesday as traders awaited crucial U.S. inflation data, due later in the week.
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809 hari yang lalu
U.S. Dollar Lower Ahead Of Economic Data
The U.S. dollar traded lower against its major counterparts in the New York session on Wednesday, as investors looked ahead to key U.S. data, including a GDP report and inflation readings for more clarity about the Federal Reserve's likely interest rate moves.
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809 hari yang lalu
Swiss Market Ends Moderately Lower
The Switzerland market ended moderately lower on Wednesday amid concerns about the outlook for global economic growth.
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809 hari yang lalu
European Stocks Close Lower As Investors Digest Economic Data, Earnings
European stocks closed lower on Wednesday as investors reacted to earnings announcements from U.S. tech majors and global financial institutions, and looked ahead to some crucial U.S. data, including a GDP report and inflation readings for more clarity about the Federal Reserve's likely interest rate moves.
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809 hari yang lalu
Canadian Dollar Extends Decline After BoC Rate Cut
The Canadian dollar extended decline against its major counterparts in the New York session on Wednesday, as the Bank of Canada reduced its key policy rate further amid easing inflationary pressures.
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809 hari yang lalu
Berita lainnya
Canadian Market Down Marginally After BoC Rate Decision
Canadian stocks are turning in a mixed performance Wednesday morning, with investors digesting the nation's central bank's interest rate decision, and reacting to a slew of quarterly earnings announcements.
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809 hari yang lalu
U.S. New Home Sales Unexpectedly Decrease To Seven-Month Low In June
The Commerce Department released a report on Wednesday unexpectedly showing a continued decrease by new home sales in the U.S. in the month of June. The report said new home sales fell by 0.6 percent to an annual rate of 617,000 in June after plummeting by 14.9 percent to a revised rate of 621,000 in May.
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809 hari yang lalu
Bank Of Canada Lowers Interest Rates By Another Quarter Point
In a widely expected move, the Bank of Canada on Wednesday announced its decision to lower interest rates by another quarter point. The Bank of Canada said it has reduced its target for the overnight rate by 25 basis points to 4.5 percent, with the bank rate at 4.75 percent and the deposit rate at 4.5 percent.
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809 hari yang lalu
AT&T Q2 Adj. EPS Meets Estimates; Backs FY24 Outlook
Telecom giant AT&T reported Wednesday a net profit for the second quarter that declined 20 percent from last year, primarily hurt by higher depreciation and amortization charges. Adjusted earnings per share met analysts' expectations, while quarterly revenues missed it by a whisker. The company also reiterated its adjusted earnings guidance for the full year 2024.
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809 hari yang lalu
Eurozone Private Sector Recovery Wanes In July
The euro area private sector recovery waned further in July amid deteriorating manufacturing sector performance and softening services activity growth, a survey compiled by S&P Global showed on Wednesday. The HCOB composite output index dropped unexpectedly to 50.1 in July from 50.9 in June. The score was seen at 51.1. A score above 50.0 indicates expansion.
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809 hari yang lalu
Euro Falls As Weak Eurozone PMI Data Spurs ECB Rate Cut Bets
The euro weakened against other major currencies in the European session on Wednesday, as a survey showed business activity in the eurozone slowed further in July, signaling a "near-stagnation" and raising concerns about economic recovery.
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809 hari yang lalu
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