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Little Movement Predicted For South Korea Shares

The South Korea stock market headed south again on Wednesday, one session after snapping the two-day slide in which it had stumbled more than 60 points or 2.5 percent. The KOSPI now rests just above the 2,340-point plateau and it's expected to remain in that neighborhood again on Thursday.
RTTNews | vor 1085 Tagen
Australia Manufacturing PMI Data Due On Thursday

Australia Manufacturing PMI Data Due On Thursday

Australia will on Thursday see June results for the manufacturing, services and composite PMIs from S&P Global, highlighting a busy day for Asia-Pacific economic activity. In May, their scores were 55.7, 53.2 and 52.9, respectively.
RTTNews | vor 1085 Tagen
Dollar Slips Against Major Rivals

Dollar Slips Against Major Rivals

The U.S. dollar traded weak against its major counterparts on Wednesday amid a drop in bond yields as treasuries rose on fears that the Fed's commitment to tackle price pressures by hiking rates sharply is likely to cause a recession.
RTTNews | vor 1085 Tagen
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market closed modestly higher on Wednesday, recovering gradually from early lows and moving into positive territory in the final hour thanks to some strong buying at select counters.
RTTNews | vor 1086 Tagen
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U.S. Dollar Falls As Treasury Yields Decline On Recession Worries

U.S. Dollar Falls As Treasury Yields Decline On Recession Worries

The U.S. dollar dropped against its major rivals in the New York session on Wednesday, amid a sell-off in treasury yields on concerns that the Federal Reserve's aggressive monetary tightening to tame inflation could push the economy into recession.
RTTNews | vor 1086 Tagen
Powell: Fed 'Strongly Committed' To Bringing Inflation Back Down To 2%

Powell: Fed 'Strongly Committed' To Bringing Inflation Back Down To 2%

On the heels of last week's significant interest rate increase, Federal Reserve Chair Jerome Powell appeared before the Senate Banking Committee on Wednesday to deliver his semiannual monetary policy testimony. Powell began his prepared remarks by highlighting the Fed's strong commitment to bringing inflation back down to the central bank's longer-run goal of 2 percent.
RTTNews | vor 1086 Tagen
Loonie Climbs After Canada Inflation Data

Loonie Climbs After Canada Inflation Data

Canada inflation data for May has been released at 8:30 am ET Wednesday. After the data, the loonie rose against its major counterparts.
RTTNews | vor 1086 Tagen
Loonie Mixed Ahead Of Canada Inflation Data

Loonie Mixed Ahead Of Canada Inflation Data

Canada inflation data for May will be released at 8:30 am ET Wednesday. Ahead of the data, the loonie traded mixed against its major counterparts. While it fell against the euro and the yen, it was steady against the greenback and the aussie.
RTTNews | vor 1086 Tagen
Cheniere, Chevron Ink Long-Term LNG Sale And Purchase Agreements

Cheniere, Chevron Ink Long-Term LNG Sale And Purchase Agreements

Cheniere Energy, Inc. (LNG) announced Wednesday that two of its subsidiaries, Sabine Pass Liquefaction, LLC and Cheniere Marketing, LLC, have each entered into long-term liquefied natural gas or LNG, sale and purchase agreements or SPA, with Chevron U.S.A. Inc., a wholly-owned subsidiary of Chevron Corp. (CVX).
RTTNews | vor 1086 Tagen

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