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Bay Street Likely To Open On Positive Note

Canadian shares are likely to move higher Monday morning following Canada reversing its decision to impose a Digital Service Tax on American technology companies.
RTTNews | vor 55 Tagen
Dollar Drops Heavily Against Major Currencies

Dollar Drops Heavily Against Major Currencies

The U.S. dollar plunged against major currencies during the week ended June 27 amidst easing geopolitical tensions as well as renewed hopes of trade deals between the U.S. and its trade partners.
RTTNews | vor 55 Tagen
FTSE 100 Down Marginally In Cautious Trade

FTSE 100 Down Marginally In Cautious Trade

U.K. stocks are subdued on Monday as investors monitor the developments on the trade front ahead of the July 9 deadline for U.S. reciprocal tariffs.
RTTNews | vor 55 Tagen
UK Mortgage Approvals Rise For First Time This Year

UK Mortgage Approvals Rise For First Time This Year

UK mortgage approvals increased for the first time so far this year in May, suggesting an improvement in housing market activity, figures from the Bank of England showed Monday. The net mortgage approvals for house purchases that indicate future borrowing rose by more-than-expected 2,400 to 63,000 in May. This was the first increase since December 2024.
RTTNews | vor 55 Tagen
Eurozone Household Lending Grows Most In 2 Years

Eurozone Household Lending Grows Most In 2 Years

Lending to euro area households grew the most in two years in May and overall private sector credit growth remained stable, data from the European Central Bank revealed on Monday. Adjusted loans to households increased 2.0 percent year-on-year in May, the strongest since May 2023, when it was up 2.1 percent. Meanwhile, loans to businesses grew 2.5 percent from a year ago.
RTTNews | vor 55 Tagen
Pound Slides Amid Risk-off Mood; Swiss Franc Rises

Pound Slides Amid Risk-off Mood; Swiss Franc Rises

The British pound weakened against other major currencies in the European session on Monday amid increased risk-off mood, as investors eyed progress in global trade negotiations ahead of the impending July 9 deadline for U.S. reciprocal tariffs.
RTTNews | vor 55 Tagen
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Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Monday.
RTTNews | vor 55 Tagen
CAC 40 Down Marginally In Lackluster Trade

CAC 40 Down Marginally In Lackluster Trade

After opening on a marginally positive note, the French stock market retreated Monday morning, and remains a bit weak in lackluster trade a little before noon. Uncertainty about the Trump administration's tariff moves ahead of the previously announced July 9 deadline appears to be rendering the mood cautious.
RTTNews | vor 55 Tagen
DAX Pares Early Gains In Cautious Trade

DAX Pares Early Gains In Cautious Trade

The German stock market is up marginally in cautious trade Monday morning following U.S. President Donald Trump's remarks that he is not looking to extend the pause on tariffs on most countries beyond the previously announced July 9 deadline.
RTTNews | vor 55 Tagen
UK GDP Growth Confirmed At 0.7%

UK GDP Growth Confirmed At 0.7%

The UK economy expanded at a stronger pace in the first quarter as previously estimated on robust services and industrial production, revised data from the Office for National Statistics showed on Monday. Real gross domestic product grew 0.7 percent, unrevised from the first estimate. This followed 0.1 percent expansion in the fourth quarter and marked the fastest growth since the first quarter.
RTTNews | vor 55 Tagen

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