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Fed Leaves Interest Rates Unchanged In Divided Decision
The Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged for the fifth consecutive meeting. In support of its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run, the Fed said it decided to maintain the target range for the federal funds rate at 4.25 to 4.50 percent.
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30天前
Swiss Market Settles Lower After Choppy Session
The Switzerland market ended on a weak note on Wednesday despite spending much of the day's trading session in positive territory. The focus was on corporate earnings and the developments on the trade front.
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30天前
European Stocks Close Mixed As Investors React To Earnings, Economic Data
European stocks turned in a mixed performance on Wednesday with investors largely reacting to earnings announcements, and awaiting the Federal Reserve's monetary policy announcement later in the day.
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30天前
Canadian Market Modestly Lower As Investors Digest Earnings, BoC Rate Decision
Canadian stocks are turning in a mixed performance on Wednesday with investors digesting Bank of Canada's policy announcement, and reacting to a slew of corporate earnings updates.
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30天前
U.S. Pending Home Sales Unexpectedly Decrease In June
Pending home sales in the U.S. unexpectedly decreased in the month of June, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index slid by 0.8 percent to 72.0 in June after jumping by 1.8 percent to 72.6 in May. Economists had expected pending home sales to rise by 0.2 percent.
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30天前
Bank Of Canada Leaves Interest Rates Unchanged For Third Straight Meeting
In a widely expected move, the Bank of Canada on Wednesday announced that it has once again decided to leave interest rates unchanged. The Bank of Canada said it decided to maintain its target for the overnight rate at 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent.
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30天前
U.S. GDP Rebounds In Q2 Amid Sharp Pullback By Imports
The Commerce Department released a report on Wednesday showing the U.S. economy rebounded by more than expected in the second quarter of 2025. The report said real gross domestic product surged by 3.0 percent in the second quarter after falling by 0.5 percent in the first quarter. Economists had expected GDP to jump by 2.5 percent.
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30天前
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U.S. Private Sector Job Growth Exceeds Estimates In July
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by more than expected in the month of July. The report said private sector employment jumped by 104,000 jobs in July after slipping by a revised 23,000 jobs in June.
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30天前
Eurozone Economy Fares Better Than Expected In Q2
The euro area economy logged better-than-expected growth in the second quarter but the pace of expansion slowed markedly as the first quarter performance was inflated after U.S. importers frontloaded their orders to reduce the cost burden of higher tariffs. Gross domestic product grew 0.1 percent sequentially, after rising 0.6 percent in the first quarter, preliminary flash estimate from Eurostat.
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30天前
U.S. Gross Domestic Product Rebounds More Than Expected In Q2
The Commerce Department released a report on Wednesday showing the U.S. economy rebounded by more than expected in the second quarter of 2025.
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30天前
Bay Street Likely To Open On Mixed Note; BoC, Fed Policy Announcement In Focus
Somewhat subdued U.S. and Canadian futures, and mixed commodity prices point to a mixed start for Canadian stocks on Wednesday. The focus will be on the monetary policy announcements from the Bank of Canada and the Federal Reserve.
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30天前
U.S. Private Sector Employment Jumps More Than Expected In July
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by more than expected in the month of July.
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30天前
Eurozone Economic Confidence Rises To 5-Month High
Euro area economic sentiment improved to a five-month high in July largely driven by stronger confidence in industry, services and retail trade, survey data from the European Commission showed Wednesday. The economic sentiment index rose to 95.8 in July from 94.2 in the previous month. This was the highest reading since February and remained above forecast of 94.5.
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30天前
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