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Bay Street Likely To Open With Positive Bias

Canadian shares are likely to open with a positive bias Monday morning, contiuing to benefit from hopes the Federal Reserve will slow the pace of interest rate hikes following soft inflation data from the U.S.
RTTNews | vor 937 Tagen
U.S. Dollar Advances Against Majors

U.S. Dollar Advances Against Majors

Erasing its early losses, the U.S. dollar turned higher against its major counterparts in the European session on Monday.
RTTNews | vor 937 Tagen
European Shares Gain On China Recovery Hopes

European Shares Gain On China Recovery Hopes

European shares opened higher on Monday, with sentiment supported by signs of cooling inflation in the U.S. and expectations of a strong consumption-driven recovery in China.
RTTNews | vor 937 Tagen
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China House Prices Fall Further On Subdued Demand

China House Prices Fall Further On Subdued Demand

China's average new home prices declined further at the end of the year amid lower demand as well as tight financial conditions at developers' side amid ongoing pandemic woes, reports said Monday, citing data from the National Bureau of Statistics.
RTTNews | vor 937 Tagen
European Economic News Preview: Germany Wholesale Prices Data Due

European Economic News Preview: Germany Wholesale Prices Data Due

Wholesale price data from Germany is the only major statistical report due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is set to issue Germany's wholesale prices for December. Wholesale prices had increased 14.9 percent on a yearly basis in November.
RTTNews | vor 937 Tagen
Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from global markets on Friday, as upbeat consumer price inflation and consumer sentiment data from the U.S. raised hopes the US Fed will slow its pace of interest rate-hike trajectory in the coming months. Asian markets closed mostly higher on Friday.
RTTNews | vor 938 Tagen

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