Forex News

Canadian Market Set For Another Weak Close

Canadian Market Set For Another Weak Close

The Canadian market is on course to end on a weak note on Thursday, extending recent losses, as stocks from across several sectors are reeling under sustained selling pressure amid rising fears about a possible recession.
RTTNews | 700 days ago
Swiss Market Ends On Weak Note On Growth Concerns

Swiss Market Ends On Weak Note On Growth Concerns

The Switzerland stock market ended on a weak note on Thursday, in line with markets across Europe, as worries about rising inflation and tighter policy stance of the central banks rendered the mood bearish.
RTTNews | 700 days ago
Chicago Business Barometer Drops To Nearly Two-Year Low In June

Chicago Business Barometer Drops To Nearly Two-Year Low In June

MNI Indicators released a report on Thursday showing growth in Chicago-area business activity slowed by more than expected in the month of June. The report showed the Chicago business barometer slumped to 56.0 in June from 60.3 in May. While a reading above 50 still indicates growth, economists had expected the business barometer to dip to 58.0.
RTTNews | 700 days ago
Riksbank Lifs Interest Rate By 50 Bps; More Hikes To Follow

Riksbank Lifs Interest Rate By 50 Bps; More Hikes To Follow

Sweden's central bank raised its interest rate by half a percentage point on Thursday and signaled further tightening this year as inflation is forecast to remain above 7 percent throughout this year. The Executive Board of Riksbank decided to lift the policy rate by 50 basis points to 0.75 percent from 0.25 percent.
RTTNews | 700 days ago
U.S. Dollar Appreciates On Growth Worries

U.S. Dollar Appreciates On Growth Worries

The U.S. dollar climbed against its most major counterparts in the European session on Thursday, as European stocks fell on growing concerns about an economic downturn as central bank chiefs across the world emphasized their commitment to control inflation despite the risks to the economy.
RTTNews | 700 days ago
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U.S. Personal Income Increases 0.5% In May, In Line With Estimates

U.S. Personal Income Increases 0.5% In May, In Line With Estimates

Personal income in the U.S. increased in line with economist estimates in the month of May, according to a report released by the Commerce Department on Thursday. The report showed personal spending rose by 0.5 percent in May, matching the revised increase seen in April as well as expectations.
RTTNews | 700 days ago
U.S. Weekly Jobless Edge Down To 231,000

U.S. Weekly Jobless Edge Down To 231,000

A report released by the Labor Department on Thursday showed a modest decrease in first-time claims for U.S. unemployment benefits in the week ended June 25th. The Labor Department said initial jobless claims slipped to 231,000, a decrease of 2,000 from the previous week's revised level of 233,000.
RTTNews | 700 days ago
Bay Street Seen Opening Notably Lower

Bay Street Seen Opening Notably Lower

Sharply lower U.S. and Canadian futures and weak European markets point to a gap down opening for stocks on Bay Street on Thursday.
RTTNews | 700 days ago
Ardelyx To Receive Up To $20 Mln Financing Deal With HealthCare Royalty Partners

Ardelyx To Receive Up To $20 Mln Financing Deal With HealthCare Royalty Partners

Biopharmaceutical company Ardelyx, Inc. (ARDX) announced Thursday that the company may receive up to $20 million from HealthCare Royalty Partners from the sale of its future royalties and sales milestones from Kyowa Kirin Co., Ltd., its collaboration partner in Japan for the commercialization of tenapanor for hyperphosphatemia.
RTTNews | 700 days ago

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