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Berita Valas
New Zealand Rate Decision On Tap For 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 light day for Asia-Pacific economic activity. The RBNZ is expected to keep its Official Cash Rate unchanged at 5.50 percent.
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670 days ago
TSX Ends Lower For 3rd Straight Day
Canadian stocks struggled for the third session running as rising bond yields and weak commodity prices rendered the mood bearish on Tuesday.
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670 days ago
Dollar Extends Gains Amid Interest Rate Uncertainty
The U.S. dollar climbed higher on Tuesday, extending recent gains, and hitting fresh 11-month high amid rising expectations that interest rates will stay higher for longer than previously thought.
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670 days ago
Yen Extends Gains Amid BoJ Intervention Rumors
The Japanese yen extended gains against its major counterparts in the New York session on Tuesday, triggering speculation that the Bank of Japan has intervened in the market to support the currency.
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671 days ago
Swiss Market Ends Notably Lower
The Switzerland stock market, which emerged briefly into positive territory around mid morning after a weak start on Tuesday, kept edging lower and lower as the day progressed and eventually ended the session on a very weak note.
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671 days ago
European Stocks Close Weak As Bond Yields Soar To 16-year High On Interest Rate Bets
European stocks closed notably lower on Tuesday with selling pressure gathering momentum past noon, as yields on U.S. long-term Treasury Notes climbed to 16-year high amid prospects of the Federal Reserve holding interest rates higher for longer to fight inflation.
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671 days ago
Canadian Stocks Extending Losses As Bond Yields Rise To 16-year High
It's turning out to be another weak outing for stocks on Bay Street, with investors pressing sales at several counters across the board on Tuesday, as U.S. Treasury yields rise to 16-year high amid worries about interest rates.
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671 days ago
more news
U.S. Job Openings Unexpectedly Jump To 9.61 Million In August
Job openings in the U.S. unexpectedly showed a notable increase in the month of August, the Labor Department revealed in a report released on Tuesday. The Labor Department said job openings surged to 9.61 million in August from an upwardly revised 8.92 million in July.
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671 days ago
Tesla Re-launches RWD Model Y Variant In US At Cheaper Price
Tesla has re-launched the rear-wheel drive variant of Model Y in the U.S. at a bargain. This new model was introduced on Tesla's website overnight by replacing the all-wheel drive of Model Y that was discontinued last month. The EV maker had stopped selling the rear-wheel drive variant of Model Y in the U.S. in 2021, though it continued to sell it in China and Europe.
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671 days ago
Dollar Climbs After U.S. Job Openings Data
U.S. job openings data for August has been released at 10 am ET Tuesday. After the data, the greenback rose against its major rivals.
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671 days ago
Earthstone Energy Reports Expiration Of HSR Act Waiting Period For Permian Acquisition
Earthstone Energy, Inc. (ESTE) announced Tuesday the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act), as amended, with respect to the previously-announced agreement for Permian Resources Corp. (PR) to acquire all outstanding shares of Earthstone at an exchange ratio of 1.446 shares of Permian Resources for each Earthstone share.
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671 days ago
Swiss Franc Falls Against Majors
The Swiss franc declined against its major counterparts in the European session on Tuesday.
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671 days ago
GM, Ford To Furlough More Workers As UAW Strike Intensifies
General Motors and Ford Motor reportedly said they are furloughing 500 more workers at four plants hit by the ongoing strike by United Auto Workers or UAW union seeking better contract terms. GM plans to furlough 130 employees at its Parma, Ohio Metal Center and 34 at its Marion, Indiana Metal Center. Meanwhile, Ford would furlough 330 workers at its Chicago Stamping and Lima, Ohio Engine plants.
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671 days ago
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