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Bay Street Likely To Open On Mixed Note
Canadian shares may be weighed down on Tuesday by U.S. President Donald Trump's announcement on Monday that he is likely to announce pharmaceutical tariffs soon. The Federal Reserve's monetary policy announcement, due on Wednesday, is also in focus.
However, higher crude oil and metal prices could trigger some buying in energy and materials space.
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1天前
Philips Cuts FY25 Margin View On Tariffs, Despite Higher Q1 Income, Orders; Stock Down
Shares of Royal Philips N.V. were losing around 3 percent in the mid-day trading in Amsterdam, as well as around 5 percent in pre-market activity on the NYSE, after the Dutch consumer electronics giant on Tuesday trimmed its margin forecast for fiscal 2025 to reflect the estimated net tariff impact of 250 million euros to 300 million euros. Further, the firm maintained annual sales view,...
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1天前
FTSE 100 Down Slightly As Stocks Turn In Mixed Performance
U.K. stocks are turning in a mixed performance in cautious trade on Tuesday with traders back to trading after a long weekend. Investors are awaiting the monetary policy announcements from the Federal Reserve and the Bank of England, due on Wednesday and Thursday, respectively.
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1天前
Yen Rises Amid Risk-off Mood
The Japanese yen strengthened against other major currencies in the European on Tuesday, as European stocks traded lower as investors assessed the latest batch of earnings and awaited upcoming Fed and BoE meetings.
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1天前
Australian Dollar Falls On Weak Chinese PMI Data
The Australian dollar weakened against other major currencies in the European session on Tuesday, after China's service sector grew at the slowest pace in seven months in April as disruptions to goods trade amid fresh tariffs negatively impacted new work of some service providers.
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1天前
Sensex, Nifty End Modestly Lower; Pharma Stocks Lead Losses On Tariff Worries
Indian shares ended modestly lower on Tuesday, as Middle East tensions intensified and U.S. President Donald Trump's tariff order on movies along with plans to cut reliance on foreign-made medicines reignited concerns about the potential fallout of a global trade war.
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1天前
CAC 40 Down Nearly 1%
French stocks are exhibiting weakness on Tuesday as continued contraction in the nation's services sector activity, and global trade tensions weigh on sentiment.
Investors are awaiting the Federal Reserve's monetary policy announcement, due on Wednesday.
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1天前
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European on Tuesday.
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1天前
DAX Down As Stocks Fall Amid Fresh Political Developments
German stocks are down sharply on Tuesday with investors reacting to the first round of voting in the nation's Parliament Election. The failure of Conservative leader Friedrich Merz to secure the required parliamentary majority to become chancellor has dealt a big blow to his coalition with center-left Social Democrats.
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1天前
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the European session on Tuesday.
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1天前
European Shares Decline As Germany's Merz Fails To Be Elected Chancellor
European stocks were broadly lower on Tuesday as investors assessed the latest batch of earnings and awaited upcoming Fed and BoE meetings.
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1天前
Asian Shares Mixed In Thin Holiday Trade
Asian stocks ended mixed in thin holiday trade on Tuesday as investors watched the latest developments in trade negotiations and awaited further policy action from Beijing to boost consumption.
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1天前
European Economic News Preview: Eurozone Final Composite PMI Data Due
Final composite Purchasing Managers' survey data from the euro area is the top economic news due on Tuesday. At 2.45 am ET, France's statistical office INSEE publishes industrial production for March. Economists forecast output to grow at a slower pace of 0.4 percent month-on-month, following February's 0.7 percent increase.
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1天前
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