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U.S. Dollar Ticks Higher As Investors Brace For U.S. Inflation Data
The U.S. Dollar value ended nearly flat as market participants anticipate the upcoming Producer Price Index and Consumer Price Index reports to analyze the monetary policy outlook of the U.S. Federal Reserve ahead of its next week's meeting. Traders are pricing in an interest rate hike by the Fed following the recent U.S. jobs data.
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39 minutes ago
Canadian Market Down Again As Oil's Rise Stokes Inflation, Rate Concerns
The Canadian market looks on course to end on a weak note on Wednesday as concerns about inflation and interest rates hurt sentiment. Oil prices rose sharply as Middle East tensions escalated.
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3h 17min ago
Swiss Stocks Slide As Crude Surges On Middle East Tensions
Switzerland's SMI index closed down 252.91 points Wednesday as Middle East tensions and rising inflation concerns weighed on global markets. Richemont and Galderma Group led declines with 4.7% and 4.4% drops.
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4h 13min ago
European Stocks Tumble As Middle East Tensions Lift Oil
European markets fell Wednesday following geopolitical tensions that lifted Brent crude to $101.58 per barrel. Concerns about inflation and potential central bank rate increases, combined with weak French industrial production, drove losses across the continent.
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4h 30min ago
Bay Street Likely To Open Weak Amid Inflation, Middle East Tensions
Canadian equities are headed lower on Wednesday as Middle East tensions fuel inflation concerns and rising crude oil prices. Energy stocks may gain on higher oil, while tech stocks could find support from OpenAI's GPT-6 Astra launch. The S&P/TSX Composite Index fell 390.75 points or 1.07% to 36,123.05 on Tuesday.
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9h 6min ago
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the European session on Wednesday.
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9h 43min ago
Yen Rises Amid Rising BoJ Rate Hike Bets
The Japanese yen strengthened against other major currencies in the early European session on Wednesday, as some traders speculate that the Bank of Japan or the BoJ is likely to consider a 50bps increase at its next meeting.
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9h 56min ago
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FTSE 100 Down Nearly 1% As Stocks Tumble On Geopolitical Tensions
U.K. stocks tumbled on Wednesday amid rising concerns about global economic growth as oil prices climbed to a multi-week high after the U.S. forces destroyed five Iranian tankers and Tehran retaliated by launching missile strikes in Jordan.
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10h 12min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the early European session on Wednesday.
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10h 46min ago
CAC 40 Down Sharply On Oil Surge, Weak Industrial Production Data
French stocks tumbled on Wednesday amid concerns about inflation and economic growth as oil prices continued to rise amid escalating tensions in the Middle East after U.S. forces destroyed five Iranian tankers and Tehran responded by launching missile strikes in Jordan.
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10h 56min ago
Indian Shares Extend Losses For Third Day Amid Middle East Tensions, IT Woes
Indian shares fell for a third consecutive session on Wednesday due to renewed tensions in the Gulf region and concerns over a possible interest rate hike by the U.S. Federal Reserve.
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11h 4min ago
Gold Climbs After Three-day Slide
Gold prices traded higher on Wednesday despite renewed tensions in the Gulf region and lingering rate-hike worries.
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11h 38min ago
Inditex H1 Profit Rises, Margin Flat, Backs FY26 Stable Margin View; Stock Drops
Shares of Inditex - Industria de Diseño Textil SA were losing around 4 percent in the Spanish trading after the clothing major on Wednesday reported stable margin in its first half and maintained stable margin outlook for fiscal 2026. This was despite reporting higher profit and sales in the first half, as well as higher store and online sales in the month of August.
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11h 51min ago
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