FTSE 100 Rises Led By Banks

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.

RTTNews | 5h 49min ago

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.

RTTNews | 6h 18min ago

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.

RTTNews | 6h 41min ago

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.

RTTNews | 6h 55min ago

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.

RTTNews | 8h 23min ago

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.

RTTNews | 10h 8min ago

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.

RTTNews | 10h 28min ago

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.

RTTNews | 11h 28min ago

EURUSD	1.07845	GBPUSD	1.29276	AUDUSD	0.66341
USDJPY	152.67	USDCAD	1.38387	USDCHF	0.8664