New Zealand Building Permit Data Due On Thursday
(RTTNews) - New Zealand will on Thursday release February figures for building consents, highlighting a light day for Asia-Pacific economic activity. In January, permits were down 1.5 percent on month.
New Zealand also will see March results for the business confidence index from ANZ Bank; in February, the index score was -43.3.
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U.S. Dollar Inches Higher Amid Increasing Fed Rate Hike Bets As Crude Oil Prices Surge
The U.S. Dollar value ticked higher on Tuesday as traders raised their bets on interest rate hike by the U.S. Federal Reserve at the end of its two-day meeting tomorrow following fresh crude oil supply disruption concerns after Saudi Arabia announced closure of its vital pipeline.
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33 minutes ago
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.
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3h 8min ago
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.
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3h 42min ago
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.
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3h 58min ago
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.
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8h 3min ago
New York Manufacturing Index Slumps Much More Than Expected In September
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.
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8h 57min ago
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.
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9h 6min ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Tuesday.
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9h 25min ago
