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Japan Trade Data Due On Wednesday
Japan will on Wednesday release October figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
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Dollar Turns In Mixed Performance Against Major Counterparts
After displaying some strength in the European session, the U.S. dollar pared gains and stayed largely subdued in the New York session on Tuesday with traders closely following the developments on the geopolitical front and assessing recent data from the U.S., and other major economies.
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South Korea Producer Prices Slip 0.1% In October
Producer prices in South Korea were down a seasonally adjusted 0.1 percent on month in October, the Bank of Korea said on Wednesday - after easing 0.2 percent in September.
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Swiss Market Ends Notably Lower
After spending a few minutes in positive territory in early trades on Tuesday, the Switzerland market retreated and spent the rest of the day's session in the red, as geopolitical tensions, interest rate uncertainty and concerns about the outlook for global economic growth rendered the mood bearish.
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Canadian Dollar Climbs As Inflation Accelerates
The Canadian dollar strengthened against its major counterparts in the New York session on Tuesday, following the release of hotter-than-expected inflation data for October.
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European Stocks Close Weak On Geopolitical Concerns, Growth Worries
European stocks closed weak on Tuesday amid an escalation in Russia - Ukraine war and concerns about the outlook for global economic growth rendered the mood bearish.
Investors moved away from riskier assets after Russian President Vladimir Putin updated nuclear doctrine.
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Canadian Market Recovers Well After Early Setback
The Canadian market, which slid in early trades Tuesday morning on hot inflation data, and rising geopolitical concerns following an escalation in Russia - Ukraine war, recovered lost ground subsequently with a few frontline stocks finding some solid support at lower levels.
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more news
U.S. Housing Starts Tumble 3.1% In October, More Than Expected
New residential construction in the U.S. tumbled by more than expected in the month of October, according to a report released by the Commerce Department on Tuesday. The report said housing starts dove by 3.1 percent to an annual rate of 1.311 million in October after slumping by 1.9 percent to a revised rate of 1.353 million in September.
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U.S. Housing Starts Tumble More Than Expected In October
New residential construction in the U.S. tumbled by more than expected in the month of October, according to a report released by the Commerce Department on Tuesday.
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Eurozone Inflation Rises To 2% As Estimated
Eurozone inflation returned to the 2 percent target in October, final data from Eurostat showed on Tuesday. The harmonized index of consumer prices climbed as initially estimated in October after rising 1.7 percent in September. Core inflation that excludes prices of energy, food, alcohol and tobacco, remained unchanged at 2.7 percent in October.
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Bay Street Seen Opening Lower On Geopolitical Concerns; Canadian Inflation Data In Focus
Canadian shares look headed for a weak start on Tuesday amid rising geopolitical concerns after Russian President Vladimir Putin updated nuclear doctrine.
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Euro Slides Against Majors
The euro weakened against other major currencies in the European session on Tuesday, as traders are worried that protectionist policies by President-elected Donald Trump could disrupt the Eurozone's growth potential.
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FTSE 100 Slips As Geopolitics Weighs
The FTSE 100 benchmark of the London Stock Exchange aligned with the trend in European markets to trade in the red amidst a massive spike in geopolitical concerns. However, the index managed to outperform its European peers.
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