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Mexican Peso At Over 8-Year High Against U.S. Dollar
(RTTNews) - The Mexican Peso climbed against the U.S. dollar in the New York session on Wednesday.
The Mexican Peso touched 16.57 against the greenback, its highest level since December 2015. The currency is likely to locate resistance around the 13.00 level.
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Bay Street Likely To Post New Highs
Canadian shares are likely to open on a firm note Tuesday morning with higher oil and bullion prices set to trigger buying in energy and materials sectors.
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2h 41min ago
Wall Street Likely To Open Flat
Futures point to a somewhat flat start on Wall Street Tuesday morning. Data on manufacturing and services sector activity in the U.S. in the month of August, due after the opening bell, is likely to provide some direction to the market.
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3h 21min ago
Sweden Cuts Policy Rate By 25 Bps
Sweden's central bank cut its benchmark interest rate by 25 basis points in order to support economic recovery and signalled an end to the easing cycle. The executive board of the Riksbank decided to lower the policy rate by 25 basis points to 1.75 percent. The bank has reduced the rate by 200 basis points since it started policy easing in May 2024.
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3h 26min ago
FTSE 100 Flat; Kingfisher Soars On Higher Guidance
U.K. stocks are turning in a mixed performance on Tuesday with investors digesting the flash data showing weak manufacturing and services sector activity in the month of September.
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4h 20min ago
Eurozone Private Sector Logs Strongest Growth In 16 Months
The euro area private sector expanded the most in 16 months in September driven by the acceleration in services activity growth, flash survey results published by S&P Global revealed on Tuesday. At 51.2, the HCOB composite output index climbed slightly from August's 51.0 and was above forecast of 51.1. The index posted above the 50.0 no-change mark for the ninth straight month in September.
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4h 29min ago
CAC 40 Up 0.6%; STMicroElectronics Rises Sharply
Despite data showing a contraction in France's private sector activity in the month of September, French stocks are up firmly in positive territory Tuesday afternoon with data showing an acceleration in Eurozone private sector growth, and NVIDIA's plans to invest $100 billion in OpenAI aiding sentiment.
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4h 46min ago
Sensex, Nifty Recover From Early Lows
Indian shares cut early losses to end on a flat note on Tuesday. While a weakening rupee, tariff worries and concerns regarding the latest H1-B visa fee change weighed on markets, Fed rate cut hopes, falling oil prices and reports of strong festive-season demand for automobiles helped limit overall losses in the broader market.
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5h 5min ago
DAX Modestly Higher Despite Paring Some Early Gains
German stocks hold on in positive territory Tuesday afternoon despite paring some early gains. Data showing an acceleration in Germany's private sector activity in the month of September, and an increase in Eurozone service sector growth help underpin sentiment.
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5h 8min ago
