Swiss Market Ends On Firm Note

U.S. Mortgage Applications Decline As Rates Rise: MBA

Loan applications for house purchase in the U.S. decreased in the week ended November 14 as mortgage rates continued to increase, survey data from the Mortgage Bankers Association showed on Wednesday.

RTTNews | 3h 22min ago

Fed Minutes Reveal Mixed Views About December Rate Cut

The Federal Reserve released the minutes of its latest monetary policy meeting on Wednesday, revealing officials had mixed views about the outlook for interest rates. The minutes of the Fed's October 28-29 meeting said participants expressed "strongly differing views" about what policy decision would most likely be appropriate at the central bank's next meeting on December 9-10.

RTTNews | 3h 43min ago

TSX Moderately Higher; Technology, Materials Stocks Shine

The Switzerland market is up firmly in positive territory Wednesday afternoon, lifted by strong gains in technology and materials sectors. After recent losses, investors are picking up stocks, expecting the market to stabilise a bit around current levels.

RTTNews | 4h 6min ago

Major European Markets Closed Slightly Weak

The major European markets closed on a negative note on Wednesday, although the downside was just marginal, as stocks found some support at lower levels after having suffered notable losses in recent sessions amid concerns about AI bubble and uncertainty surrounding Fed interest rate moves, and release of some crucial U.S. economic data.

RTTNews | 4h 58min ago

U.S. Trade Deficit Narrows In August As Imports Plunge

A report released by the Commerce Department on Wednesday showed the U.S. trade deficit narrowed significantly in the month of August amid a steep drop in the value of imports. The Commerce Department said the trade deficit shrank to $59.6 billion in August from a revised $78.2 billion in July. Economists had expected the trade deficit to decrease to $61.0 billion.

RTTNews | 8h 3min ago

U.S. Trade Deficit Narrows Slightly More Than Expected In August

A report released by the Commerce Department on Wednesday showed the U.S. trade deficit narrowed significantly in the month of August amid a steep drop in the value of imports.

RTTNews | 9h 30min ago

Canadian Market May Open With Slightly Positive Bias

Canadian stocks may open with a positive bias Wednesday morning with firm metal prices triggering some buying in the materials sectors. Weak oil prices may weigh on energy stocks and limit market's upside.

RTTNews | 9h 49min ago

Iceland Unexpectedly Cuts Policy Rate By 25 Bps

Iceland's central bank lowered its key interest rate unexpectedly as the economy is expected to recover more slowly than previously anticipated due to worsening prospects for exports. The Monetary Policy Committee of the Central Bank of Iceland, led by Governor Ásgeir Jónsson, unanimously decided to cut the rate on seven-day term deposits to 7.25 percent from 7.50 percent.

RTTNews | 10h 25min ago

EURUSD	1.15381	GBPUSD	1.30551	AUDUSD	0.64751
USDJPY	157.135	USDCAD	1.40471	USDCHF	0.8049