The Swiss franc weakened against other major currencies in the European session on Tuesday. The Swiss franc fell to a 5-month low of 0.9090 against the U.S. dollar and a 6-day low of 166.81 against the yen, from early highs of 0.9050 and 167.62, respectively. Against the euro and the pound, the franc slipped to...
U.K. stocks eked out modest gains on Tuesday as strong U.S. manufacturing data helped lift mining and energy stocks. Also, British manufacturers reported their first overall growth in activity in 20 months in March on the back of recovering demand in their home market. The S&P Global/CIPS UK Manufacturing Purchasing Managers\' Index (PMI) rose to...
Consumer price inflation in Germany slowed for a third straight month in March to its lowest level in nearly three years but core inflation remained high, thus complicating the picture for the European Central Bank that is set to announce the latest rate decision next week and is facing calls for an interest rate cut,...
After reporting a steep drop in new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Tuesday showing a significant rebound in factory orders in the month of February. The Commerce Department said factory orders surged by 1.4 percent in February after plunging by a revised 3.8 percent...
Job openings in the U.S. came in little changed from a downwardly revised level in the month of February, according to a report released by the Labor Department on Tuesday. The Labor Department said job openings crept up to 8.756 million in February from a downwardly revised 8.748 million in January. Economists had expected job...
After reporting a steep drop in new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Tuesday showing a significant rebound in factory orders in the month of February. The Commerce Department said factory orders surged by 1.4 percent in February after plunging by a revised 3.8 percent...
Ant Group’s Web3 security solutions provider ZAN has become a validator on Core Chain – EVM-compatible blockchain secured on Bitcoin. The strategic partnership with validators reinforces blockchains’ security and decentralization, Core Foundation told Cryptonews via mail. Core Foundation that aims to create a secure and decentralized ecosystem for dApps, has become one of the first...
The Canadian dollar weakened against its major counterparts in the New York session on Tuesday, as traders lowered expectations for interest rate cut in June following strong U.S. manufacturing data. Overnight data showed that U.S. manufacturing activity expanded for the first time in 1-1/2 years in March, pouring cold water on hopes for interest rate...
Crypto.com is expanding its global presence by launching its app in South Korea, slated for April 29. Following regulatory approvals, Crypto.com officially announced that its app will launch in South Korea, granting retail customers access to trade over 150 cryptocurrencies and explore exclusive non-fungible token (NFT) projects. https://t.co/vCNztATkNg App is going live in South Korea...
After a weak start and a subsequent fall to lower levels, the Canadian market continues to languish in negative territory around noon on Tuesday, amid uncertainty about the outlook for interest rates. The recent U.S. PCE data and a report on manufacturing activity have dimmed hopes about an early interest rate cut by the Federal...