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TSX Ends Notably Lower Again

The Canadian market ended on a weak note on Wednesday, losing more than 1% for a second straight day, as worries about growth, and concerns about U.S. lawmakers' ability to reach an agreement on increasing the U.S. debt ceiling continued to weigh.
RTTNews | 827 일 전
Dollar Remains Firm Against Major Counterparts

Dollar Remains Firm Against Major Counterparts

The U.S. dollar stayed firm against its major counterparts on Wednesday despite the minutes from the Federal Reserve's latest policy meeting signaling inclination for less hawkish stance.
RTTNews | 827 일 전
Swiss Market Ends Lower For 3rd Straight Day

Swiss Market Ends Lower For 3rd Straight Day

The Switzerland stock market ended notably lower on Wednesday, in line with markets across Europe, as worries about economic slowdown, and a lack of progress in U.S. debt ceiling deal talks rendered the mood bearish.
RTTNews | 827 일 전
Canadian Market Down Firmly In Negative Territory

Canadian Market Down Firmly In Negative Territory

The Canadian market is down firmly in negative territory a little past noon on Wednesday with stocks from across several sectors declining sharply on sustained selling pressure.
RTTNews | 827 일 전
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Iceland Central Bank Raises Key Interest Rate To 8.75%

Iceland Central Bank Raises Key Interest Rate To 8.75%

Iceland's central bank raised its key interest rate sharply at its May meeting on Wednesday to contain the risk of a wage-price spiral in the face of strong demand pressures, and the policy board hinted that further rate hikes would bring inflation back to the target range and thereby ensure a better balanced economy.
RTTNews | 827 일 전
UK Inflation Strengthens Call For June Rate Hike

UK Inflation Strengthens Call For June Rate Hike

UK consumer price inflation slowed less than expected in April and the core rate accelerated unexpectedly to a 31-year high, strengthening the case for another interest rate hike from the Bank of England in June. The consumer price index, or CPI, registered an annual increase of 8.7 percent in April after a 10.1 percent gain in March, the Office for National Statistics reported Wednesday.
RTTNews | 827 일 전
Pound Drops Amid Debt Ceiling Deadlock

Pound Drops Amid Debt Ceiling Deadlock

The pound fell against its major counterparts in the European session on Wednesday, as a lack of progress in negotiations on raising the debt limit dampened risk sentiment.
RTTNews | 827 일 전
Virgin Orbit Stops Operations After Bankruptcy Sales

Virgin Orbit Stops Operations After Bankruptcy Sales

Richard Branson's Virgin Orbit Holdings, which had filed for Chapter 11 bankruptcy protection, said it will sell its assets to four winning bidders following an auction and will cease operations. Rocket Lab USA, Inc., a launch and space systems company, said it has agreed to buy certain Long Beach California aerospace production and manufacturing assets from Virgin Orbit.
RTTNews | 827 일 전

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