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Australia Manufacturing PMI Sinks To 46.6 In October - Judo Bank
The manufacturing sector in Australia continued to contract in October, and at a slightly faster pace, the latest survey from Judo Bank revealed on Thursday with a manufacturing PMI score of 46.6.
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86 일 전
South Korea GDP Data Due On Thursday
South Korea will on Thursday release preliminary Q3 data for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
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86 일 전
TSX Ends Lower Despite BoC's Sharp Rate Cut
The Canadian market ended weak on Wednesday, hurt by losses in technology, energy and materials stocks. Despite the Bank of Canada's decision to cut interest rates by 50 basis points, the mood in the market remained bearish amid concerns about the outlook for economic growth and due to persisting Middle East tensions.
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86 일 전
Dollar Rises Against Major Counterparts
The U.S. dollar firmed against its major counterparts on Wednesday, tracking higher bond yields amid bets the Federal Reserve will cut interest rates at a slower pace. The greenback's rise was also due to somewhat rising prospects of a Donald Trump presidency.
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86 일 전
Gold Futures Snap 6-day Winning Streak, Settle Notably Lower
Gold futures settled lower on Wednesday, as the dollar and bond yields moved up. Profit taking after six successive days of gains contributed as well to the drop in yellow metal prices.
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86 일 전
Swiss Market Ends Slightly Weak After Choppy Ride
The Switzerland retreated after some early gains and stayed in negative territory till well past mid afternoon on Wednesday,and eventually ended marginally down despite managing a mild recovery in the final hour.
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86 일 전
European Stocks Close Lower As Markets React To Earnings News
European stocks closed lower on Wednesday with investors focusing on quarterly earnings and other corporate news. The mood was cautious and investors largely refrained from picking up stocks ahead of UK autumn budget and the upcoming U.S. Presidential election.
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86 일 전
more news
U.S. Dollar Advances As Treasury Yields Rally
The U.S. dollar climbed against its most major counterparts in the New York session on Wednesday, as treasury yields continued to climb on prospects for a slower pace of Federal Reserve rate cuts and concerns about fiscal deficit.
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86 일 전
Energy, Materials Stocks Dragging Down Canadian Market; BoC Cuts Rate By 50 Bps
Despite the Bank of Canada's big 50-basis point interest rate cut, the Canadian market is languishing in negative territory on Wednesday after a weak start, with stocks from energy and materials sectors reeling under selling pressure due to declining commodity prices.
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86 일 전
U.S. Existing Home Sales Unexpectedly Slump By 1.0% In September
A report released by the National Association of Realtors on Wednesday unexpectedly showed a continued decrease by existing home sales in the U.S. in the month of September. NAR said existing home sales slid by 1.0 percent to an annual rate of 3.84 million in September after tumbling by 2.0 percent to a revised rate of 3.88 million in August.
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86 일 전
Bank Of Canada Slashes Interest Rates By 50 Basis Points
Following three straight quarter point interest rate cuts, the Bank of Canada on Wednesday announced its widely expected decision to slash rates by a half point. The Bank of Canada said it decided to reduce its target for the overnight rate by 50 basis points to 3.75 percent, with the Bank Rate at 4 percent and the deposit rate at 3.75 percent.
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86 일 전
Decline In U.S. Mortgage Applications Slows: MBA
The number of mortgage applications in the U.S. fell for the third week in a row, but at a slower pace in the week ended October 18, as higher interest rates continue to weigh on demand, results of a survey by the Mortgage Bankers Association showed Wednesday. The Market Composite Index, a measure of mortgage loan application volume, fell 6.7 percent from the previous week.
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86 일 전
Bay Street Seen Opening Weak; BoC Rate Decision In Focus
Lower stock futures and commodity prices point to a weak start for the Canadian market on Wednesday. The focus will be on the Canadian central bank's interest rate decision due after the opening bell.
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86 일 전
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