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Fed Hike Bets Lift Dollar Despite Falling Oil Prices And Ebbing Inflation Fears
The U.S. Dollar extended gains during the week ended June 26 as strong rate hike bets from the Federal Reserve boosted the greenback.
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73 days ago
BT, Verizon To Merge Intl. Operations Into JV; BT Cuts FY27 Outlook
Telecom majors, BT Group plc and Verizon Communications Inc., have come together to combine their respective international enterprise operations into a 50:50 joint venture, with a view to creating a connectivity platform for multinational customers. The British telecom major also trimmed its fiscal 2027 outlook to reflect BT International division to be reported as a discontinued operation.
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73 days ago
Bay Street Likely To Open On Positive Note; Energy, Tech Stocks May Move Up
Canadian stocks may open slightly higher on Monday following Iran and the U.S. agreeing to halt hostilities in the Middle East and agreeing to hold a fresh round of talks to resolve their disputes over shipping routes and transit fees.
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73 days ago
FTSE 100 Down Marginally; Miners Shed Ground
The UK stock market's benchmark index FTSE 100 dropped into negative territory on Monday after an initial marginal upmove, as the mood remained cautious with investors looking ahead to a fresh round of negotiations between Iran and the U.S. scheduled to take place on Tuesday in Doha, Qatar.
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73 days ago
CAC 40 Modestly Lower As US-Iran Conflict, Rate Concerns Weigh
France's equity benchmark CAC 40 drifted lower on Monday as uncertainty over the fragile ceasefire between the U.S. and Iran, concerns about interest rates amid higher oil prices rendered the mood cautious. Investors are also focusing on the Sintra Forum, an annual ECB event that focuses on central banking.
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73 days ago
Indian Shares End Choppy Session Lower
Indian shares ended a choppy session lower on Monday as trading resumed after a long holiday weekend.
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73 days ago
German Stocks Mostly Subdued In Cautious Trade
German stocks are mostly subdued on Monday with investors making cautious moves, assessing the situation in the Middle East, and focusing on the Sintra Forum, an annual ECB event that focuses on central banking.
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73 days ago
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Gold Edges Lower On Inflation, Rate Hike Concerns
Gold prices fell sharply on Monday, with fresh U.S.-Iran tensions and rate hike jitters weighing on the precious metal's safe-haven appeal.
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73 days ago
Oil Prices Rebound From Four-month Lows Ahead Of Peace Talks
Oil prices traded higher on Monday, recovering from four-month lows hit last week amid renewed uncertainty over the fragile ceasefire between the U.S. and Iran.
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73 days ago
European Shares Subdued Amid Middle East Caution; Tech Shares Rally
European stocks were subdued on Monday, even as technology shares gained after South Korea announced a $576 billion semiconductor and AI investment plan, backed by Samsung and SK Hynix, to strengthen its global chip leadership.
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73 days ago
Asian Shares Mostly Higher With Focus On US-Iran Talks, US Jobs Data
Asian stocks ended mostly higher on Monday even as investors kept taking profits on high-flying semiconductor and artificial intelligence-related stocks due to worries about potentially higher interest rates by the end of the year.
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73 days ago
European Shares Seen Tad Higher At Open
European stocks are seen opening a tad higher on Monday as investor focus shifts to upcoming high-level U.S.-Iran talks in Qatar, the release of U.S. jobs data and the ECB's Sintra Forum, where major governors, including Fed Chair Kevin Warsh and ECB President Lagarde will participate.
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74 days ago
Indian Shares Fluctuate In Early Trade
Indian shares fluctuated in early trade on Monday as traders returned from a long holiday weekend.
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74 days ago
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