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U.S. Dollar Weakens Amid Election Uncertainty
The U.S. dollar lost ground against its most major counterparts on Tuesday, as investors awaited the results from the presidential election.
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311 hari yang lalu
U.S. Services Index Unexpectedly Climbs To Two-Year High In October
Service sector activity in the U.S. unexpectedly grew at an accelerated rate in the month of October, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its services PMI rose to 56.0 in October from 54.9 in September, with a reading above 50 indicating growth. The uptick surprised economists, who had expected the index to dip to 53.8.
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311 hari yang lalu
U.S. Trade Deficit Widens To Largest In Over Two Years In September
A report released by the Commerce Department on Tuesday showed a substantial increase in the size of the U.S. trade deficit in the month of September, as imports surged and exports slumped. The Commerce Department said the trade deficit widened to $84.4 billion in September from a revised $70.8 billion in August.
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311 hari yang lalu
U.S. Trade Deficit Widens Significantly In September
A report released by the Commerce Department on Tuesday showed a substantial increase in the size of the U.S. trade deficit in the month of September, as imports surged and exports slumped.
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311 hari yang lalu
Bay Street Likely To Open With Positive Bias
Canadian shares may open with a positive bias on Tuesday, tracking higher crude oil and metal prices. The focus is on the U.S. Presidential election, and the upcoming monetary policy announcement from the Federal Reserve. Investors will also be reacting to a slew of earnings updates, and key economic data.
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311 hari yang lalu
UK Service Sector Logs Weakest Growth In Almost A Year
The UK service sector grew at the slowest pace since November last year as heightened uncertainty and concerns about the domestic economic outlook damped new work, the S&P Global purchasing managers' survey showed on Tuesday. The final services Purchasing Managers' Index registered 52.0 in October, down from 52.4 in September. The reading was above the initial estimate of 51.8.
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311 hari yang lalu
Spain Unemployment Rises In October
Joblessness in Spain increased in October but logged the smallest gain for the month since 2006 except for the pandemic years of 2021 and 2022, data from the labor ministry showed on Tuesday. The number of unemployed rose by 26,769 persons, which was a below average increase for the month of October. Economists were looking for an increase of 26,500 persons.
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311 hari yang lalu
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Yen Falls Amid BoJ Rate Hike Uncertainty
The Japanese yen weakened against other major currencies during the European session on Tuesday, as traders remain cautious amid a rare political crisis following a Japanese snap election that raises doubts about the Bank of Japan's capacity to raise interest rates further and the U.S. election.
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311 hari yang lalu
Boeing Strike Ends As Machinists Accept New Contract
Nearly two months long strike at Boeing Co. has ended after a majority of around 33,000 frontline workers voted to approve a new contract that will deliver 43.65 percent compounded wage increase. Following the deal, Boeing shares were gaining around 1.91 percent in the pre-market activity on the NYSE to trade.
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311 hari yang lalu
Sensex, Nifty Follow Global Peers Higher; Metal Stocks Shine
Indian shares rose notably on Tuesday despite uncertainty surrounding the U.S. presidential election and continued foreign fund outflows.
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311 hari yang lalu
Yen Falls Against Majors
The Japanese yen weakened against other against major currencies in the European session on Tuesday.
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311 hari yang lalu
European Shares Modestly Higher In Cautious Trade
European stocks eked out modest gains in cautious trade on Tuesday as investors reacted to mixed earnings updates and awaited interest-rate decisions from the Bank of England and the Federal Reserve later this week.
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311 hari yang lalu
FTSE 100 Rises In Cautious Trade
U.K. stocks eked out modest gains in cautious trade on Tuesday as investors eagerly await the U.S. presidential election result as well as interest-rate decisions from the Bank of England and the Federal Reserve later this week.
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311 hari yang lalu
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