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U.S. Dollar Jumps Against Majors
The U.S. dollar climbed against its major counterparts in the New York session on Wednesday.
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2 days ago
Bank Of Japan Minutes On Tap For Thursday
The Bank of Japan will on Thursday release the minutes from its monetary policy meeting on July 30-31, highlighting a light day for Asia-Pacific economic activity.
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2 days ago
Canadian Market Pares Gains After Modest Upmove
After opening marginally up and moving further higher, the Canadian market pared some gains on Wednesday, with investors seeming a bit hesitant to hold positions at higher levels.
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2 days ago
Swiss Market Ends Notably Lower
Swiss stocks opened on a weak note Wednesday morning and stayed that way right through the day's trading session amid concerns that the nation's growth trajectory is slowing amid trade headwinds and weaker global demand.
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2 days ago
European Stocks Closed Mixed After Cautious Session
European stocks turned in a mixed performance on Wednesday with the mood remaining cautious for much of the day's trading session amid uncertainty about the outlook for Fed interest rate cuts and on concerns about near term trend following comments from Jerome Powell that equity prices are fairly highly valued by many measures.
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2 days ago
Czech Central Bank Holds Rate Steady At 3.5% On Rising Inflationary Risks
The Czech National Bank left its key interest unchanged for a third policy session in a row as policymakers assessed that inflation is set to remain elevated for the rest of the year, ruling out further easing.
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2 days ago
U.S. Mortgage Applications Growth Slows
U.S. mortgage applications grew at a modest pace in the week ended September 19 following a surge in the previous week, survey data from the Mortgage Bankers Association showed on Wednesday.
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2 days ago
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U.S. New Home Sales Unexpectedly Skyrocket To Three-Year High In August
A report released by the Commerce Department on Wednesday showed new home sales in the U.S. unexpectedly skyrocketed to their highest level in well over three years in the month of August. The Commerce Department said new home sales soared by 20.5 percent to an annual rate of 800,000 in August after slumping by 1.8 percent to a revised rate of 664,000 in July.
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2 days ago
Bay Street Likely To Open Slightly Higher
Modestly higher futures point to a slightly positive start for the Canadian market on Wednesday. However, uncertainty about further interest rate cuts by the Fed this year, and worries about valuations may render the mood cautious and limit market's upside.
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2 days ago
U.S. Dollar Extends Rise Amid Fed Chair Powell Comments
The U.S. dollar continued to be strong against other major currencies in the European session on Wednesday, weighed down by Federal Reserve Chairman Jerome Powell's comments that equity prices are fairly highly valued by many measures.
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2 days ago
FTSE 100 Modestly Lower In Cautious Trade
U.K. stocks are turning in a mixed performance in cautious trade on Wednesday. Uncertainty about Fed interest rate outlook, and on comments from Fed Chair Jerome Powell's warning that equity valuations are stretched.
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2 days ago
CAC 40 Drifts Lower On Valuation Concerns, Rate Uncertainty
French stocks are showing some weakness on Wednesday amid apprehensions about the outlook for Fed rate cuts, and Fed Chair Jerome Powell's comments that equity valuations are high.
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2 days ago
Sensex, Nifty Extend Declines For Fourth Day
Indian shares ended lower for a fourth day running on Wednesday, with trade-related concerns, rising oil prices and continued selling by foreign investors keeping investors on edge.
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2 days ago
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