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Bay Street Likely To Open On Cautious Note
Despite the optimism surrounding US-Iran peace agreement, the Canadian market is likely to see cautious moves by investors on Tuesday, tracking weak crude oil prices and largely subdued bullion movements.
Also, the focus will be on the Federal Reserve's monetary policy announcement, due on Wednesday.
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86 days ago
FTSE 100 Rises 0.6%; Bank Stocks Move Higher
The FTSE 100 index of the UK stock market moved higher on Tuesday, recovering from previous session's decline, as investors looked ahead to more details about the U.S.-Iran peace agreement, and awaited the Bank of England's monetary policy announcement.
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87 days ago
CAC 40 Rises To 2-month High
The French stock market's benchmark index CAC 40 moved higher on Tuesday, extending recent gains, continuing to react positively to the news about U.S.-Iran peace agreement. Investors also looked ahead to the monetary policy announcements from the Federal Reserve and the Bank of England, due on Wednesday and Thursday, respectively.
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87 days ago
Indian Shares Extend Gains For Third Day
Indian shares rose notably on Tuesday, with key benchmark indexes Sensex and Nifty extending gains for a third consecutive session amid the easing of geopolitical tensions in West Asia.
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87 days ago
Bank Of Japan Hikes Key Rate To Highest Level Since 1995
The Bank of Japan decided to raise its benchmark interest rate by a quarter-point to its highest level in 31 years, and to halt government bond purchase reductions next year. The policy board of BoJ voted 7-1 to raise the interest rate to 1.00 percent from 0.75 percent. The board signaled its commitment to further monetary policy tightening to support its price stability target.
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87 days ago
Gold Inches Higher As Oil Extends Slide On Iran Deal
Gold traded higher on Tuesday, extending its recovery from a six-month low as falling oil prices helped ease worries about inflation and the outlook for interest rates.
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87 days ago
DAX Moderately Higher; Auto Stocks Drift Lower
German stocks climbed higher Tuesday morning with investors hoping that Iran and the U.S. will sign the peace deal later this week and ensure reopening of the Strait of Hormuz. The focus is also on the upcoming monetary policy meetings of the Federal Reserve and the Bank of England.
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87 days ago
more news
Oil Prices Extend Decline As Supply Concerns Ease
Oil extended declines on Tuesday, after having fallen to a three-month low in the previous session on easing energy supply concerns.
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87 days ago
U.S. Dollar Climbs Against Most Majors
The U.S. dollar climbed against its most major counterparts in the New York session on Monday.
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87 days ago
European Shares Inch Higher As Inflation Worries Ease
European shares inched higher on Tuesday as falling oil prices helped ease worries about inflation and the outlook for interest rates.
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87 days ago
Asian Shares Mixed As China Data Disappoints
Asian stocks turned in a mixed performance on Tuesday as investors paused to assess the durability of the relief rally fueled by the long-awaited U.S.-Iran preliminary deal to end their conflict.
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87 days ago
Commodity Currency's Slide As Traders Remains Cautious
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, as investors still remain cautious despite US President Donald Trump's announcement that a memorandum of understanding (MoU) has been reached to terminate the crisis and reopen the blockaded Strait of Hormuz.
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87 days ago
China Retail Sales Decline For First Time Since 2022
China's retail sales declined for the first time since 2022 on subdued domestic demand and fixed asset investment logged a sharper-than-expected fall, while industrial production remained a bright spot, official data revealed Tuesday. Retail sales decreased 0.6 percent from a year ago in May, the National Bureau of Statistics reported.
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87 days ago
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