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TSX Up Marginally In Cautious Trade After Inflation Data

After a marginal upmove at the start, the Canadian market slipped into negative territory Tuesday morning, but recovered and edged above the flat line subsequently on selective buying as investors digest the nation's inflation data and continue to follow the developments on the geopolitical front.
RTTNews | Před 92 dny
New York Manufacturing Index Rebounds More Than Expected In February

New York Manufacturing Index Rebounds More Than Expected In February

A report released by the Federal Reserve Bank of New York on Tuesday showed a turnaround by regional manufacturing activity in the month of February. The New York Fed said its general business conditions index jumped to a positive 5.7 in February after slumping to a negative 12.6 in January, with a positive reading indicating growth. Economists had expected the index to climb to a negative 1.0.
RTTNews | Před 92 dny
Bay Street May Open Higher; Inflation Data Eyed

Bay Street May Open Higher; Inflation Data Eyed

Canadian shares are likely to open on positive note Tuesday morning, tracking higher oil and metal prices. However, Canada's consumer price inflation data, due before the opening bell, holds the key.
RTTNews | Před 92 dny
German Investor Sentiment Rebounds Ahead Of Federal Election: ZEW

German Investor Sentiment Rebounds Ahead Of Federal Election: ZEW

German economic confidence logged its strongest improvement in the past two years in February ahead of the federal election as financial experts expect fiscal stimulus from the new government and also foresee better outlook for construction on the back of interest rate cuts, results of the closely watched survey by the think tank ZEW showed on Tuesday.
RTTNews | Před 92 dny
UK Jobless Rate Remains Stable, Wage Growth Accelerates

UK Jobless Rate Remains Stable, Wage Growth Accelerates

The UK unemployment rate remained unchanged, but wage growth picked up in the fourth quarter, supporting the Bank of England's cautious approach to further policy cuts. The jobless rate came in at 4.4 percent in the three months to December, the same as in the preceding period, the Office for National Statistics said on Tuesday. Economists had forecast the rate to rise to 4.5 percent.
RTTNews | Před 92 dny
Southwest Airlines To Cut 15% Of Corporate Jobs

Southwest Airlines To Cut 15% Of Corporate Jobs

Shares of Southwest Airlines Co. were gaining around 2 percent in the pre-market activity on the NYSE after the airline announced around 15% reduction in its corporate workforce, the first time in its 53-year history, as part of its cost cut initiatives. Aiming for a leaner and more agile organization under its transformational plan, the company plans to reduce around 1,750 employee roles...
RTTNews | Před 93 dny
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CAC 40 Roughly Flat In Lackluster Trade

CAC 40 Roughly Flat In Lackluster Trade

French stocks are turning in a mixed performance in lackluster trade Tuesday morning as investors continue to follow the developments on the geopolitical front, and react to quarterly earnings updates.
RTTNews | Před 93 dny
DAX Modestly Lower In Cautious Trade

DAX Modestly Lower In Cautious Trade

German stocks are drifting lower Tuesday morning after opening marginally up, as investors continue to monitory the developments on the geopolitical front. The focus is on U.S. - Russia talks on Ukraine, and the European leaders' views on the developments in Ukraine and discussions about the deployment of troops to Ukraine and raising defense spending.
RTTNews | Před 93 dny
Pound Rises After U.K. Employment Data

Pound Rises After U.K. Employment Data

The British pound strengthened against other major currencies in the European session on Tuesday, following the release of positive U.K. employment figures for the three months ending December.
RTTNews | Před 93 dny
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Tuesday.
RTTNews | Před 93 dny

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