Forex News

South Korea Stock Market Tipped To Open In The Green

The South Korea stock market has alternated between positive and negative finishes through the last five trading days since the end of the four-day losing streak in which it had tumbled almost 150 points or 6.3 percent. The KOSPI sits just beneath the 2,210-point plateau and it may add to its winnings on Wednesday.
RTTNews | 953 days ago
New Zealand Rate Decision Due On Wednesday

New Zealand Rate Decision Due On Wednesday

The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to hike its Official Cash Rate by 50 basis points, from 3.00 percent to 3.50 percent.
RTTNews | 954 days ago
TSX Ends On High Note Again

TSX Ends On High Note Again

The Canadian market rallied sharply for a second straight day, as the mood remained upbeat on Tuesday amid rising hopes the Fed will be less aggressive with interest rate hikes after data on U.S. manufacturing activity, construction spending and job openings came in weaker than expected.
RTTNews | 954 days ago
Dollar Continues To Drift Lower

Dollar Continues To Drift Lower

The U.S. dollar tumbled and shed ground against its major counterparts on Tuesday, extending recent weakness, as weaker than expected economic data raised hopes the Fed will be less hawkish in its monetary policy stance at its upcoming meetings.
RTTNews | 954 days ago
U.S. Stocks Close On Buoyant Note After Another Fine Performance

U.S. Stocks Close On Buoyant Note After Another Fine Performance

U.S. stocks climbed higher on Tuesday, rising sharply for a second straight session, amid hopes the Federal Reserve will slow down its aggression with regard to interest rate hikes after data showed a drop in job openings in the country.
RTTNews | 954 days ago
U.S. Stocks Up Firmly In Positive Territory, Look Set To End On High Note

U.S. Stocks Up Firmly In Positive Territory, Look Set To End On High Note

U.S. stocks are turning in a fine performance on Tuesday, extending gains from the previous session, on hopes the Federal Reserve will be less aggressive with rate hikes after data showed a weaker than expected pace of growth in U.S. manufacturing and construction sector activity.
RTTNews | 954 days ago
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Swiss Market Ends On Buoyant Note On Widespread Buying

Swiss Market Ends On Buoyant Note On Widespread Buying

The Switzerland stock market closed on a buoyant note on Tuesday, in line with markets across the globe, as fears about aggressive policy tightening by central banks faded a bit after weaker than expected U.S. manufacturing activity data.
RTTNews | 954 days ago
European Stocks Close On Upbeat Note On All-round Buying

European Stocks Close On Upbeat Note On All-round Buying

European markets closed on an upbeat note on Tuesday as stocks kept surging higher and higher after opening on a firm note, amid rising hopes the Fed and other major central banks will be less aggressive with regard to rate hikes in the coming months.
RTTNews | 954 days ago
Canadian Stocks Rising Sharply On Positive Global Cues

Canadian Stocks Rising Sharply On Positive Global Cues

The Canadian market is high up in positive territory a little past noon on Tuesday, extending gains from the previous session, amid hopes the Fed will slow down its monetary tightening after data showed a slower pace of growth in the country's manufacturing activity in September.
RTTNews | 954 days ago
Ford September Total U.S. Sales Down 8.9%

Ford September Total U.S. Sales Down 8.9%

Ford Motor Co. (F) said Tuesday that total U.S. sales for the month of September 2022 decreased 8.9 percent to 142,644 vehicles from 156,614 vehicles in the same month last year. Ford's September retail sales were also down 11.7 percent.
RTTNews | 954 days ago
American Electric Power Boosts FY22 Adj. EPS Outlook

American Electric Power Boosts FY22 Adj. EPS Outlook

Ahead of its analysts meeting in New York City later on Tuesday, electric utility American Electric Power Co., Inc. (AEP) raised its fiscal 2022 operating earnings guidance to a range of $4.97 to $5.07 from the prior forecast range of $4.87 to $5.07 per share.
RTTNews | 954 days ago

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