June 12, 2024 12:17 pm
Annual CPI inflation in India has slowed further, to 4.75% in May from 4.83% in April, data showed on Wednesday. In comparison, a consensus of analyst estimates had pointed to an acceleration to 4.9%. It has been the lowest CPI inflation in a year. The inflation rate has remained within the central bank’s medium-term target […]
Read moreJune 12, 2024 10:00 am
The GBP/USD currency pair edged higher on Wednesday, while rebounding from a two-week low of 1.2688, ahead of the outcome of the Federal Reserve’s two-day policy meeting and the release of US CPI inflation figures for May. The Fed is widely expected to leave its federal funds rate target range without change at a 23-year […]
Read moreJune 12, 2024 7:56 am
The EUR/USD currency pair remained stuck in a narrow trading range on Wednesday ahead of the outcome of the Federal Reserve’s two-day policy meeting and the release of US CPI inflation figures for May. The Fed is widely expected to leave its federal funds rate target range without change at a 23-year high of 5.25%-5.50% […]
Read moreJune 11, 2024 2:56 pm
The value of building permits in Canada has risen at a monthly rate of 20.5% to $12.8 billion in April, after a 12.3% decrease in March, data by Statistics Canada showed. The actual rate well exceeded market consensus of a 2.2% increase. In April, residential permits rose at a monthly rate of 21% to $8 […]
Read moreJune 11, 2024 12:57 pm
Advantage Solutions Inc (NASDAQ: ADV) said on Monday that it had sold Strong Analytics, a designer and developer of custom software solutions, to Chicago-based OneSix. However, the company did not disclose any financial details of the agreement. Strong Analytics provides a number of data science services mostly to customers within the pharmaceutical, marketing and hospitality […]
Read moreJune 11, 2024 9:00 am
Cohen & Steers Inc (NYSE: CNS) on Monday reported a 4.27% month-over-month surge in its assets under management (AUM) to $80.488 billion as of May 31st. That performance was mostly due to market appreciation of $3.571 billion and was in part offset by distributions of $150 million and net outflows of $93 million. When it […]
Read moreJune 11, 2024 7:01 am
One Liberty Properties Inc (NYSE: OLP) said on Monday that its Board of Directors had authorized a quarterly cash dividend of $0.45 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. It also represents the company’s 126th consecutive quarterly dividend. The dividend will be paid on July 9th […]
Read moreJune 10, 2024 4:17 pm
Consumer morale in Switzerland was almost unchanged from a month ago in May, with the gauge of confidence coming in at a reading of -38, up from -38.1 in April. The latest figure remained considerably below the long-term average level, the State Secretariat for Economic Affairs said. The gauge of expected economic development remained little […]
Read moreJune 10, 2024 11:39 am
Sweden’s industrial production has contracted at the steepest annual rate since July 2023 in April, data showed on Monday. Industrial production has decreased 4.4% year-on-year in April, following a revised down 2% expansion in March. In April, manufacturing output shrank 5.3% YoY after a 1.5% growth in the preceding month, Statistics Sweden reported. Meanwhile, production […]
Read moreJune 10, 2024 9:16 am
Norway’s annual consumer price inflation has decelerated further, to 3% in May, from 3.6% in April, the latest data by Statistics Norway showed. It has been the lowest CPI inflation rate since July 2021. In May, inflation slowed for food & non-alcoholic beverages (5.4% YoY from 6.8% YoY in April), housing & utilities (0.1% YoY […]
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