Forex News
European Stocks Close Weak As Investors Digest Economic Data, Await ECB Meeting
European stocks closed lower on Tuesday, weighed down by losses in the energy sector as oil prices tumbled. Investors also digested a slew of economic data from the region, and looked ahead to the European Central Bank's monetary policy announcement due later in the week. Middle East tensions weighed as well on sentiment.
RTTNews |
1 day ago
Euro Weakens Ahead Of ECB Rate Decision
The euro declined against its most major counterparts in the New York session on Tuesday, ahead of the European Central Bank meeting that is widely expected to deliver another interest rate cut after recent data signaled continued weakness in the euro zone economy.
RTTNews
|
1 day ago
Canadian Market Recovers After Early Weakness; Energy Stocks Drop On Weak Oil Prices
Despite data showing another drop in the nation's consumer price inflation, the Canadian market drifted lower Tuesday morning with energy stocks losing ground following a sharp drop in crude oil prices. The market's downside was limited thanks to strong buying at several counters in healthcare, utilities, communications and real estate sectors.
RTTNews
|
1 day ago
New York Manufacturing Index Indicates Return To Contraction In October
Following a significant turnaround in the previous month, the Federal Reserve Bank of New York released a report on Tuesday showing regional manufacturing activity has returned to contraction in the month of October. The New York Fed said its general business conditions index tumbled to a negative 11.9 in October from a positive 11.5 in September, with a negative reading indicating contraction.
RTTNews
|
1 day ago
New York Manufacturing Index Tumbles Much More Than Expected In October
Following a significant turnaround in the previous month, the Federal Reserve Bank of New York released a report on Tuesday showing regional manufacturing activity has returned to contraction in the month of October.
RTTNews
|
1 day ago
Bay Street May Open With Negative Bias
The Canadian market may open with a negative bias Tuesday morning with energy stocks likely to be under pressure due to a sharp fall in oil prices. The focus will be on the nation's inflation data.
RTTNews
|
1 day ago
Yen Rises Amid BoJ Rate Hike Uncertainty
The Japanese yen strengthened against other major currencies in the European session on Tuesday, following Bank of Japan Governor Kazuo Ueda's dovish remarks and incoming Prime Minister Shigeru Ishiba's unexpected resistance to additional rate increases.
RTTNews
|
1 day ago
more news
Eurozone Industrial Output Recovers In August
Eurozone industrial production recovered in August largely due to the rebound in capital goods and durable consumer goods output, data from Eurostat showed on Tuesday.
Industrial output posted a monthly growth of 1.8 percent in August, reversing July's 0.5 percent decline. The growth came in line with expectations.
RTTNews
|
1 day ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Tuesday.
RTTNews
|
1 day ago
German Economic Sentiment Strengthens In October
German economic confidence strengthened for the first time four months in October as financial market experts expect more interest rate cuts amid slowing inflation, survey results from the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment rose to 13.1 from 3.6 in September. The score was above the expected level of 10.2.
RTTNews
|
1 day ago
Sensex, Nifty End Modestly Lower
Indian shares ended Tuesday's session modestly lower after data showed India's CPI inflation rose to a nine-month high of 5.49 percent in September versus forecast of 5 percent and 3.65 percent in August on the back of rising food prices.
RTTNews
|
1 day ago
Pound Rises After U.K. Labor Data
The British pound strengthened against most major currencies in the European session on Tuesday, after data showed that the nation's unemployment rate fell slightly in three months to August, while it was forecast to remain unchanged.
RTTNews
|
1 day ago
European Shares Drift Lower Ahead Of ECB Meeting
European shares were moving lower on Tuesday after two days of gains. A slew of mixed regional data and Middle East concerns weighed on sentiment, heading into Thursday's ECB meeting.
RTTNews
|
1 day ago
Stay up to date!
Add News to your browser
Add To Chrome
