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Dollar Stays Firm Against Major Counterparts Ahead Of Fed Policy Announcement
The U.S. dollar continued to climb higher against major counterparts on Tuesday as the yield on long term treasury bonds rose ahead of the Federal Reserve's interest rate decision, due on Wednesday.
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Major U.S. Averages Close Mixed After Choppy Ride Ahead Of Fed Rate Decision
U.S. stocks swung between gains and losses on Tuesday with investors largely making cautious moves ahead of the Federal Reserve's monetary policy announcement.
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Canadian Stocks Firmly Down In Negative Territory On Growth Worries
The Canadian market is down firmly in negative territory Tuesday afternoon, weighed down by losses in energy, technology and financial sectors.
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Swiss Market Ends On Weak Note For 5th Straight Session
After opening marginally up, the Switzerland market slipped into the red Tuesday morning, and kept sliding lower and lower as the session progressed to eventually close on a very weak note.
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European Stocks Settle Lower Again On Recession Fears
European stocks fell on Tuesday, extending recent losses, amid rising concerns that aggressive monetary policy tightening by central banks could push the global economy into a recession.
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Canadian Dollar Lower On Fed Fears
The Canadian dollar declined against its most major rivals in the European session on Tuesday, as European stocks fell amid growing expectations for the likelihood of a 75 basis point rate hike at the Federal Reserve's policy meeting on Wednesday.
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BoJ Undertakes Additional Bond Purchases To Defend Yield Cap
The Bank of Japan conducted additional bond purchases on Tuesday as the policy tightening stance by major central banks put pressure on the 0.25 percent yield cap on Japanese government bonds. "The Bank will make changes in the auction schedule and amounts of outright purchases of JGBs as needed, taking account of market conditions," the BoJ said in a statement.
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more news
Dollar Slightly Down After U.S. PPI
Following the release of U.S. producer prices for May at 8:30 am ET Tuesday, the greenback fell slightly against its major counterparts.
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Dollar Recovers Ahead Of U.S. PPI
U.S. producer prices for May are due at 8:30 am ET Tuesday. Ahead of the data, the greenback rebounded against its major counterparts.
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Neptune Wellness Appoints Raymond Silcock As New CFO
Health and wellness company Neptune Wellness Solutions Inc. (NEPT, NEPT.TO) announced Tuesday the appointment of Raymond Silcock as Chief Financial Officer, effective July 25, 2022.
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Stealth Granted Pre-NDA Meeting For Elamipretide To Treat Barth Syndrome
Biotechnology company Stealth BioTherapeutics Corp (MITO) announced Tuesday its plan to meet with the U.S. Food & Drug Administration (FDA) Division of Cardiology and Nephrology (DCN) to discuss new clinical data that may inform a potential new drug application (NDA) submission for the treatment of Barth Syndrome.
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Euro Showing Strength Against Most Majors
The euro was higher against its most major counterparts in the European session on Tuesday, as a pullback in U.S. treasury yields helped lift sentiment.
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Sensex, Nifty End Choppy Session Modestly Lower
Indian shares ended a choppy session lower on Tuesday, adding to steep losses posted in the previous session.
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