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Dollar Rises Against Some Major Counterparts As Market Awaits Fed Announcement
The U.S. Dollar firmed against most of its major counterparts on Tuesday after data showed a bigger than expected increase in retail sales in the month of November. Investors also looked ahead to the Federal Reserve's monetary policy announcement, due on Wednesday.
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253 일 전
Swiss Market Closes Modestly Higher
Despite spending much of the day's trading session in negative territory, the Swiss market closed modestly higher on Tuesday thanks to some brisk buying at a few counters in late afternoon trades.
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253 일 전
European Stocks Close Broadly Lower As Investors Digest Economic Data, Await Fed Policy
European stocks closed broadly lower on Tuesday weighed down by a weak German business sentiment, political uncertainty in Germany and France, and caution ahead of the Federal Reserve's monetary policy announcement due later in the week.
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253 일 전
Canadian Market Modestly Lower After Inflation Data
The Canadian market is down in negative territory around noon on Tuesday with stocks from energy, utilities and communications sectors contributing to the weakness. Investors are digesting the nation's inflation data, and looking ahead to the Federal Reserve's monetary policy announcement on Wednesday.
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253 일 전
U.S. Business Inventories Inch Up In Line With Estimates In October
Business inventories in the U.S. crept slightly higher in the month of October, according to a report released by the Commerce Department on Tuesday. The Commerce Department said business inventories inched up by 0.1 percent in October, while revised data showed business inventories were unchanged in September.
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253 일 전
U.S. Homebuilder Confidence Holds Steady In December
A report released by the National Association of Home Builders on Tuesday showed homebuilder confidence has held steady in the month of December. The report said the NAHB/Wells Fargo Housing Market Index came in at 46 in December, unchanged from November. Economists had expected the index to inch up to 47.
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253 일 전
U.S. Industrial Production Unexpectedly Edges Lower In November
The Federal Reserve released a report on Tuesday unexpectedly showing a modest decrease by U.S. industrial production in the month of November. The report said industrial production edged down by 0.1 percent in November after falling by a revised 0.4 percent in October. Economists had expected industrial production to rise by 0.3 percent.
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253 일 전
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U.S. Retail Sales Climb More Than Expected As Auto Sales Extend Surge
Retail sales in the U.S. increased by more than expected in the month of November, according to a report released by the Commerce Department on Tuesday, with auto sales once again leading the way higher. The report said retail sales grew by 0.7 percent in November after climbing by an upwardly revised 0.5 percent in October. Economists had expected retail sales to rise by 0.5 percent.
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253 일 전
U.S. Industrial Production Unexpectedly Edges Down 0.1% In November
The Federal Reserve released a report on Tuesday unexpectedly showing a modest decrease by U.S. industrial production in the month of November.
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253 일 전
U.S. Retail Sales Climb More Than Expected In November
Retail sales in the U.S. increased by more than expected in the month of November, according to a report released by the Commerce Department on Tuesday, with auto sales once again leading the way higher.
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253 일 전
SoftBank's $100 Bln Pledge In US To Create 100K AI, Infrastructure Jobs
Japan's SoftBank Group is planning to invest $100 billion in the United States over the next four years, which would create more than 100,000 jobs in Artificial Intelligence or AI and related critical infrastructure. During President-elect Donald Trump's first news conference since the election, SoftBank founder and Chief Executive officer Masayoshi Son joined to make the announcement...
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253 일 전
UK Wage Growth Suggests Gradual Interest Rate Cuts
The UK wage growth accelerated more than expected in the three months to October supporting a case for more gradual interest rate reductions next year as pay increases could revive inflationary pressures. Excluding bonus, annual growth in average earnings came in at 5.2 percent compared to 4.9 percent in the three months to September, the Office for National Statistics said Tuesday.
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253 일 전
Canadian Market Likely To Open Lower
Lower Canadian and U.S. futures, and weak commodity prices point to a negative start on Bay Street Tuesday morning. Canadian inflation data and U.S. retail sales data are in focus, and investors are also looking ahead to the Federal Reserve's monetary policy meeting that gets underway today.
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253 일 전
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