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TSX Ends Marginally Down After Choppy Ride
The Canadian market ended marginally down after a choppy session on Wednesday with investors largely making cautious moves.
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1395 days ago
Dollar Stays Weak Against Some Major Counterparts
The U.S. dollar is exhibiting some weakness on Wednesday with traders closely following the developments on the geopolitical front following the missile blast in Poland, and digesting the latest batch of U.S. economic data.
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1395 days ago
New Zealand PPI Inputs Rise 0.8% In Q3
Producer price inputs were up 0.8 percent on quarter in the third quarter of 2022, Statistics New Zealand said on Thursday - slowing from 3.1 percent in Q2.
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1395 days ago
Swiss Market Ends Notably Lower
The Switzerland stock market ended weak on Wednesday, in line with the trend across Europe, as worries about geopolitical tensions and rising inflation in the Euro area rendered the mood bearish.
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1395 days ago
European Stocks Close Lower On Inflation Worries, Geopolitical Tensions
European stocks closed lower on Wednesday, weighed down by geopolitical concerns, a surge in UK inflation, and on uncertainty about the Federal Reserve's interest rate hikes in the coming months.
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1395 days ago
Canadian Shares Turning In Mixed Performance
Canadian shares are turning in a mixed performance on Wednesday with investors digesting the data on inflation and reacting to earnings updates and geopolitical news.
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1395 days ago
U.S. Business Inventories Rise Slightly Less Than Expected In September
The Commerce Department released a report on Wednesday showing U.S. business inventories increased by slightly less than expected in the month of September. The report said business inventories rose by 0.4 percent in September after climbing by an upwardly revised 0.9 percent in August.
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1395 days ago
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U.S. Homebuilder Confidence Decreases For Eleventh Straight Month In November
A report released by the National Association of Home Builders on Wednesday showed a continued decrease in U.S. homebuilder confidence in the month of November. The report showed the NAHB/Wells Fargo Housing Market Index declined for the 11th consecutive month, slumping to 33 in November after tumbling to 38 in October.
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1395 days ago
U.S. Industrial Production Unexpectedly Edges Down 0.1% In October
Reflecting a continued slump in utilities output, the Federal Reserve released a report on Wednesday unexpectedly showing a modest decrease in U.S. industrial production in the month of October. The Fed said industrial production edged down by 0.1 percent in October following a revised 0.1 percent uptick in September.
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1395 days ago
Euro Firms As Geopolitical Tensions Recede
The euro was higher against its most major counterparts during the European session on Wednesday, as comments from U.S. President Joe Biden alleviated concerns over a missile strike in Poland, which killed two people.
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1395 days ago
U.S. Import Prices Show Modest Decrease In October
A report released by the Labor Department on Wednesday showed a modest decrease in U.S. import prices in the month of October. The Labor Department said import prices edged down by 0.2 percent in October after tumbling by a revised 1.1 percent in September.
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1395 days ago
U.S. Retail Sales Jump 1.3% In October, More Than Expected
Retail sales in the U.S. showed a significant increase in the month of October, according to a report released by the Commerce Department on Wednesday. The report showed retail sales surged by 1.3 percent in October after coming in unchanged in September. Economists had expected retail sales to jump by 1.0 percent.
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1395 days ago
TJX Cos. Promotes John Klinger To Succeed Scott Goldenberg As CFO
Off-price retailer TJX Companies, Inc. (TJX) announced Wednesday that John Klinger has been promoted to Executive Vice President, Chief Financial Officer effective January 29, 2023, the beginning of TJX's fiscal year.
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1395 days ago
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