The U.S. dollar turned in a weak performance against its major counterparts on Monday with traders awaiting the Federal Reserve\'s monetary policy announcement on Wednesday. The accompanying statement and Fed Chair Jerome Powell\'s post meeting press meet are eyed for clues about the central bank\'s future interest rate moves. Data on U.S. non-farm payroll employment...
The Canadian market ended slightly higher on Monday, thanks to gains in select healthcare, energy, materials and utilities stocks. Stocks moved in a tight band in somewhat lackluster moves by investors who stayed cautious, looking ahead to Fed policy announcement, and some crucial economic data, due later in the week. The benchmark S&P/TSX Composite Index...
Japan is scheduled to release a raft of data on Tuesday, highlighting a busy day for Asia-Pacific economic activity. On tap are March figures for unemployment, industrial production, retail sales, construction orders and housing starts. The jobless rate is expected to ease to 2.5 percent from 2.6 percent on February, while the job-to-applicant ratio is...
Lincoln Park, New Jersey -based ConSup North America Inc. is recalling around 85,984 pounds of ready-to-eat or RTE sliced prosciutto ham product produced in Germany without the benefit of equivalent inspection, the U.S. Department of Agriculture\'s Food Safety and Inspection Service or FSIS announced. The recall involves 5.29-oz. plastic packages containing \"Stockmeyer PROSCIUTTO Product of...
Asian stocks rose broadly on Friday as Microsoft and Google\'s parent company Alphabet both beat Wall Street\'s Q1 expectations, offsetting Meta Platforms\' disappointing forward guidance. The yen hit a fresh 34-year low as the Bank of Japan ended its two-day policy meeting with no change to interest rates and the target policy rate. Oil and...
British consumer sentiment improved in April on slowing inflation as well as expectations about further tax cuts, a monthly survey conducted by the market research group GfK revealed Friday. The consumer confidence index rose to -19 in April from -21 in March. The score was also better than economists\' forecast of -20. Among five indices...
The Bank of Japan left its key interest rate unchanged near zero and the bank\'s latest projections showed the underlying inflation staying around 2 percent that further damped expectations for aggressive tightening in future. The BoJ policy board, headed by Governor Kazuo Ueda, unanimously decided to hold the overnight interest rate at around 0 to...
German stocks climbed on Friday after U.S. tech giants Microsoft and Alphabet posted strong quarterly earnings and an ECB survey showed Euro zone consumers lowered their expectation for inflation over the next 12 months in March. The core Personal Consumption Expenditures (PCE) Price Index, the U.S. Federal Reserve\'s preferred inflation measure, will be published later...
French stocks rose on Friday, though overall gains remained capped ahead of the release of the Federal Reserve\'s preferred inflation measure due later in the day. Meanwhile, France\'s consumer confidence unexpectedly decreased in April, monthly survey data from the statistical office INSEE showed earlier today. The consumer sentiment index dropped to 90 in April from...
The U.S. dollar gained against its major counterparts on Friday, lifted by data showing a larger than expected increase in the nation\'s annual rate of consumer price growth. Data from the Commerce Department showed the annual rate of consumer price growth accelerated to 2.7% in March from 2.5% in February. The rate was expected to...