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Canadian Market Headed For Weak Close

he Canadian market is down firmly in negative territory Tuesday afternoon, weighed down by rising bond yields and worries about inflation amid elevated oil prices. The Fed is widely expected to raise interest rate by 25 basis points. The post-meeting comments are eyed for clues about the central bank's future rate path.
RTTNews | 1h 28min ago
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

The Switzerland stock market ended weak on Tuesday as worries about geopolitical tensions, rising bond yields and elevated oil prices rendered the mood cautious.
RTTNews | 2h 2min ago
European Stocks Close Weak

European Stocks Close Weak

European stock markets ended lower on Tuesday as investors awaited monetary policy decisions from the Federal Reserve, Bank of England, and Bank of Japan. Rising bond yields, elevated oil prices following Saudi pipeline closures, and mixed economic data across the region weighed on sentiment.
RTTNews | 2h 17min ago
New York Manufacturing Index Pulls Back Sharply But Remains Positive

New York Manufacturing Index Pulls Back Sharply But Remains Positive

The Federal Reserve Bank of New York released a report on Tuesday showing its reading on regional manufacturing activity fell by much more than expected in the month of September but still indicated growth. The New York Fed said its general business conditions index slumped to 7.6 in September from 20.6 in August.
RTTNews | 6h 23min ago
Bay Street Likely To Open On Slightly Weak Note

Bay Street Likely To Open On Slightly Weak Note

Weak Canadian and U.S. futures, lower precious metals prices and concerns about inflation and interest rates could weigh on Canadian stocks Tuesday morning. Investors look ahead to Federal Reserve's monetary policy announcement on Wednesday.
RTTNews | 7h 26min ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the European session on Tuesday.
RTTNews | 7h 45min ago
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FTSE 100 Recovers Despite Weak UK Jobs Data, Oil Concerns

FTSE 100 Recovers Despite Weak UK Jobs Data, Oil Concerns

The FTSE 100 recovered from early losses on Tuesday as consumer and real estate stocks rallied. Disappointing employment data and oil price concerns pressured equities, while traders awaited policy guidance from global central banks.
RTTNews | 8h 13min ago
German ZEW Economic Sentiment Improves Moderately

German ZEW Economic Sentiment Improves Moderately

German economic confidence improved moderately in September as experts were cautiously optimistic about economic recovery, survey results from the Mannheim-based Centre for European Economic Research, or ZEW, showed Tuesday. The ZEW indicator of economic sentiment rose less-than-expected to 34.7 in September from 34.2 in the previous month. The reading was seen at 39.8.
RTTNews | 9h 9min ago
German Stocks Dip On Oil Spike And Rising Geopolitical Tensions

German Stocks Dip On Oil Spike And Rising Geopolitical Tensions

The DAX slipped 44.44 points Tuesday amid higher oil prices and bond yields driven by geopolitical concerns. Brent crude jumped nearly 2.5% after Saudi Arabia closed a key pipeline. Germany's August wholesale prices rose 6.8% year-on-year, accelerating from 5.3% previously.
RTTNews | 9h 23min ago
China Industrial Output Strengthens; Retail Sales Miss Forecast

China Industrial Output Strengthens; Retail Sales Miss Forecast

China's industrial production growth accelerated in August on robust foreign demand, while retail sales logged a weaker growth and fixed asset investment downturn worsened further, underscoring the challenges in achieving the official growth target this year. Industrial production increased 5.2 percent on a yearly basis in August, faster than the 4.5 percent rise in July, the National Bureau of
RTTNews | 9h 59min ago

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