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U.S. Dollar Falls Amid Concerns Over Fed Leadership

U.S. Dollar Falls Amid Concerns Over Fed Leadership

The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, after reports suggested that President Donald Trump is considering the potential removal of Federal Reserve Chair Jerome Powell very soon.
RTTNews | Před 1 h 33 min
Swiss Market Ends Slightly Up

Swiss Market Ends Slightly Up

After a choppy ride till around noon, Swiss stocks gained in strength on Wednesday, but following some brisk selling in the closing minutes, ended the day's session with just a small gain.
RTTNews | Před 5 h 41 min
European Stocks Close Weak On Tariff Concerns, Some Weak Earnings Updates

European Stocks Close Weak On Tariff Concerns, Some Weak Earnings Updates

European stocks closed weak on Wednesday as concerns about tariffs, and reports that U.S. President Donald Trump will sack Fed Chair Jerome Powell sometime soon, hurt sentiment. Investors also digested a slew of corporate earnings updates that fell short of expectations.
RTTNews | Před 5 h 57 min
U.S. Industrial Production Climbs 0.3% In June, More Than Expected

U.S. Industrial Production Climbs 0.3% In June, More Than Expected

Partly reflecting a surge by utilities output, the Federal Reserve released a report on Wednesday showing industrial production in the U.S. increased by more than expected in the month of June. The Fed said industrial production climbed by 0.3 percent in June, while revised data showed industrial production was unchanged in May.
RTTNews | Před 8 h 40 min
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Bay Street May Open With Positive Bias

Bay Street May Open With Positive Bias

Canadian shares may open with a slightly positive bias on Wednesday, although weak crude oil prices might limit the market's upside. Investors will focus on trade talks and earnings announcements from big name U.S. companies for directional clues.
RTTNews | Před 10 h 4 min
Indonesia Central Bank Resumes Monetary Easing

Indonesia Central Bank Resumes Monetary Easing

Indonesia's central bank reduced its benchmark interest rate for the third time this year on Wednesday, to support economic growth amid slowing inflation and continued stability in the rupiah exchange rate. The Bank Indonesia board, led by Governor Perry Warjiyo, decided to reduce the BI rate by 25 basis points to 5.25 percent.
RTTNews | Před 10 h 25 min
FTSE 100 Modestly Higher

FTSE 100 Modestly Higher

The U.K. market is modestly higher Wednesday afternoon, even as the mood remains cautious with investors closely following the developments on the trade front, reacting to inflation data, and also tracking corporate news for direction.
RTTNews | Před 10 h 40 min
Pound Rises On Strong UK CPI Data

Pound Rises On Strong UK CPI Data

The British pound strengthened against other major currencies in the early European session on Wednesday, after U.K. consumer price inflation accelerated unexpectedly in June to the highest since January 2024 largely due to higher transport and food costs but the Bank of England is expected to loosen its policy further, given mounting concerns over economic conditions.
RTTNews | Před 11 h 23 min
Sensex, Nifty End Choppy Session Marginally Higher

Sensex, Nifty End Choppy Session Marginally Higher

Indian shares recovered from an early slide to end marginally higher on Wednesday as the dollar pulled back slightly and U.S. Treasury yields retreated after rising in the previous session.
RTTNews | Před 12 h 43 min

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