European Economic News Preview: France Final Inflation Data Due

Bay Street Set To Open On Firm Note

The Canadian market is likely to open on a positive note Wednesday morning with materials stocks set to attract buying thanks to strong precious metals prices. A notable drop in crude oil prices could ease concerns about inflation. The focus is on the Federal Reserve's monetary policy announcement.

RTTNews | 1h 15min ago

U.S. Import Prices Climb Much More Than Expected In August

A report released by the Labor Department on Wednesday showed import prices in the U.S. increased by much more than expected in the month of August.

RTTNews | 1h 16min ago

U.S. Retail Sales Jump Much More Than Expected In August

Retail sales in the U.S. shot up by much more than expected in the month of August, according to a report released by the Commerce Department on Wednesday.

RTTNews | 1h 19min ago

UK Inflation Accelerates To 5-Month High

UK consumer price inflation rose to a five-month high in August on renewed increase in fuel prices but the Bank of England is widely expected to hold the interest rate as energy shocks show no sign of broadening. Inflation advanced to 3.1 percent from 2.9 percent in July, the Office for National Statistics said Wednesday. The rate came in line with expectations.

RTTNews | 2h 2min ago

FTSE 100 Up 0.6% At Noon; Miners, Bank Stocks Move Higher

Despite data showing an acceleration in the nation's consumer price inflation in the month of August, U.K. stocks gained notable ground in positive territory on Wednesday thanks to strong buying in mining and bank stocks. Easing oil prices and lower global bond yields helped lift sentiment.

RTTNews | 2h 46min ago

Indian Shares End Modestly Higher As Oil Prices Ease

Indian shares ended Wednesday's session modestly higher as oil prices pulled back from recent highs and investors braced for a closely watched Federal Reserve rate decision later in the day.

RTTNews | 3h 26min ago

CAC 40 Modestly Higher As Weak Oil Prices Aid Recovery

Thanks to easing crude oil prices and lower bond yields, France's equity benchmark CAC 40 edged higher on Wednesday, recovering from a four-month low it touched in the previous session. However, the mood remained somewhat cautious as investors looked ahead to the Federal Reserve's monetary policy announcement, due later in the day.

RTTNews | 3h 27min ago

Eurozone Industrial Production Shrinks For Second Month

Eurozone industrial production declined for the second straight month in July, reflecting a weak start to the third quarter, official data revealed Wednesday. Industrial output edged down 0.1 percent in July, after falling at the same pace in June, Eurostat reported. Production was expected to decline 0.2 percent.

RTTNews | 3h 43min ago

EURUSD	1.15348	GBPUSD	1.34527
USDJPY	155.282	USDCAD	1.39393