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Bank Of Canada Leaves Interest Rates Unchanged Once Again

Bank Of Canada Leaves Interest Rates Unchanged Once Again

In a widely expected move, the Bank of Canada announced on Wednesday that it has once again decided to leave interest rates unchanged. The Canadian central bank said it decided to hold its target for the overnight rate at 2.25 percent, with the Bank Rate at 2.5 percent and the deposit rate at 2.20 percent.
RTTNews | 92 days ago
U.S. Consumer Prices Increase 0.5% In May, In Line With Estimates

U.S. Consumer Prices Increase 0.5% In May, In Line With Estimates

A report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased in line with economist estimates in the month of May. The Labor Department said its consumer price index rose by 0.5 percent in May after climbing by 0.6 percent in April. The price growth matched expectations.
RTTNews | 92 days ago
Bay Street Likely To Open On Negative Note; BoC Policy In Focus

Bay Street Likely To Open On Negative Note; BoC Policy In Focus

Canadian stocks are likely to open on a negative note on Wednesday amid rising tensions in the Middle East following fresh attacks by Iran and U.S. forces. Investors will also be reacting to the Bank of Canada's monetary policy announcement, due shortly after the opening bell.
RTTNews | 93 days ago
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Indian Shares Give Up Early Gains As US-Iran Tensions Weigh

Indian Shares Give Up Early Gains As US-Iran Tensions Weigh

Indian shares gave up early gains to end little changed on Wednesday as investors weighed rising U.S.-Iran tensions and awaited key U.S. inflation data later in the day for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks.
RTTNews | 93 days ago
CAC 40 Down In Negative Territory As U.S.-Iran Tensions Weigh

CAC 40 Down In Negative Territory As U.S.-Iran Tensions Weigh

French stocks shed ground Wednesday morning amid concerns about Middle East tensions following the U.S. and Iran launching strikes against each other. The mood is cautious also due to upcoming U.S. inflation data and the European Central Bank's monetary policy meeting.
RTTNews | 93 days ago
Gold Plunges Below $4,200 On Rate Hike Concerns

Gold Plunges Below $4,200 On Rate Hike Concerns

Gold prices plummeted below $4,200 an ounce on Wednesday as investors weighed rising U.S.-Iran tensions and awaited key U.S. inflation reading for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks.
RTTNews | 93 days ago
DAX Drifts Lower In Cautious Trade Amid Middle East Tensions

DAX Drifts Lower In Cautious Trade Amid Middle East Tensions

German stocks slipped into negative territory on Wednesday amid escalating tensions between Iran and the U.S. following the former attacking U.S. bases in Jordan and Bahrain, retaliating to the U.S. attack on the Islamic Republic.
RTTNews | 93 days ago

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