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U.S. Housing Starts Unexpectedly Spike 12.2% In August

U.S. Housing Starts Unexpectedly Spike 12.2% In August

The Commerce Department released a report on Tuesday showing an unexpected spike in new residential construction in the U.S. in the month of August, although the report also showed a steeper than expected slump in building permits.
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Bay Street Likely To Open Lower

Bay Street Likely To Open Lower

Canadian shares are likely to open lower on Tuesday, tracking weak Asian and European markets and lower commodity prices.
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European Shares Slip In Choppy Trade On Inflation, Rate Hike Concerns

European Shares Slip In Choppy Trade On Inflation, Rate Hike Concerns

European stocks reversed course to edge lower on Tuesday after Sweden's central bank hiked interest rates by a full percentage point to 1.75 percent in a surprise move and data showed German producer prices rose in August at their strongest rate since records began both in annual and monthly terms.
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NZ Dollar Drops On Fed Rate Hike Concerns

NZ Dollar Drops On Fed Rate Hike Concerns

The New Zealand dollar declined against its major counterparts on Tuesday, as investors awaited the Federal Reserve's policy meeting that is set to deliver a large rate hike this week.
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FTSE 100 Little Changed Ahead Of Fed, BoE Meetings

FTSE 100 Little Changed Ahead Of Fed, BoE Meetings

U.K. stocks were little changed on Tuesday, as investors remained focused on a round of interest-rate decisions by central banks such as the Fed and the BoE this week.
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DAX Gives Up Early Gains As Producer Prices Soar

DAX Gives Up Early Gains As Producer Prices Soar

German stocks gave up early gains to trade lower on Tuesday after data showed the country's producer price inflation hit a fresh record high in August, driven by energy prices.
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