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BoJ Minutes To Be Released On Wednesday
The Bank of Japan will on Wednesday release the minutes from its monetary policy meeting on July 20 and 21, highlighting a light day for Asia-Pacific economic activity.
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TSX Fails To Hold Early Gains, Ends Marginally Down
After opening higher and staying firm till a little before noon, the Canadian market turned subdued and moved along the flat line on Tuesday and finally ended the session on a slightly weak note.
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Dollar Recovers After Early Weakness
The U.S. dollar exhibited some weakness in the Asian session on Tuesday and remained sluggish in the European session as well as treasury yields dropped and European shares gained on bargain hunting.
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Swiss Market Closes Modestly Higher
The Switzerland stock market ended modestly higher on Tuesday after holding in positive territory right through the day's session.
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Major European Markets Fail To Retain Early Gains, Close Weak
Despite spending much of the day's trading session in positive territory, most of the major markets in Europe closed weak on Tuesday as concerns about monetary tightening and economic slowdown continued to hurt sentiment.
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Canadian Market Modestly Higher Around Noon
The Canadian market is up in positive territory around noon on Tuesday with several stocks moving higher on bargain hunting, after having suffered sharp losses in recent sessions.
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U.S. Consumer Confidence Improves Much More Than Expected In September
Consumer confidence in the U.S. improved much more than expected in the month of September, the Conference Board revealed in a report released on Tuesday. The Conference Board said its consumer confidence index climbed to 108.0 in September from an upwardly revised 103.6 in August.
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U.S. New Home Sales Unexpectedly Rebound Sharply In August
New home sales in the U.S. unexpectedly showed a substantial rebound in the month of August, according to a report released by the Commerce Department on Tuesday. The report showed new home sales skyrocketed by 28.8 percent to an annual rate of 685,000 in August after plunging by 8.6 percent to a revised rate of 532,000 in July.
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Hertz Partner BP To Develop National Network Of EV Charging Stations
Vehicle rental company Hertz Global Holdings, Inc. (HTZ) and British energy major BP plc (BP, BP.L) announced Tuesday the signing of a memorandum of understanding (MOU) for the development of a national network of EV charging stations powered by bp pulse, bp's global electrification and charging solution brand.
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U.S. Durable Goods Orders Edge Slightly Lower For Second Straight Month
A report released by the Commerce Department on Tuesday showed a modest decrease in new orders for U.S. manufactured durable goods in the month of August. The Commerce Department said durable goods orders slipped by 0.2 percent in August after edging down by 0.1 percent in July. Economists had expected durable goods orders to decline by 0.4 percent.
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3M Establishes New 3M Verify Platform To Report Potential Counterfeit 3M Product
3M Co. (MMM) announced Tuesday that it has established the new 3M Verify platform to report potential counterfeit 3M products, building on the success of its anti-counterfeit efforts during the COVID-19 pandemic. It has now expanded its counterfeit reporting process to include all products made by 3M.
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Neogen Q1 Net Profit Plunges, But Revenue Up 3%
Neogen Corp. (NEOG) reported on Tuesday that net income for the first quarter plunged to $5.21 million or $0.05 per share from to $17.08 million or $0.16 per share in the prior-year quarter.
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Hungarian Forint Rises Against U.S. Dollar After Hungary Rate Hike
The Hungarian forint advanced against the U.S. dollar in the European session on Tuesday, as Hungary's central bank lifted its benchmark rate at a sharper-than-expected pace.
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