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U.S. Trade Deficit Narrows To $55.9 Billion In April, Roughly In Line With Estimates
The Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowed roughly in line with economist estimates in the month of April. The report said the trade deficit shrank to $55.9 billion in April from a revised $56.6 billion in March. Economists had expected the trade deficit to decrease to $55.8 billion from the $60.3 billion originally reported for the previous month
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93 days ago
German Industrial Output Rises For First Time In 5 Months
Germany's industrial production expanded for the first time in five months in April but the growth remained moderate as geopolitical tensions clouds outlook. Industrial output increased 0.4 percent on a monthly basis, in line with expectations but in contrast to the revised 0.1 percent fall in March, data from Destatis revealed Tuesday. Moreover, this was the first growth since November.
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93 days ago
Pound Rises Amid BoE Rate Hike Speculation
The British pound strengthened against other major currencies in the European session on Tuesday, as investors expect the Bank of England to have a rate hike before the end of the year.
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94 days ago
U.S. Trade Deficit Narrows Roughly In Line With Estimates In April
The Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowed roughly in line with estimates in the month of April.
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94 days ago
Bay Street Likely To Open On Positive Note
Higher Canadian and U.S. futures and firm European stocks amid signs of de-escalation in tensions in the Middle East point to a positive start on Bay Street Tuesday morning. In addition to following the developments on the geopolitical front, investors will be looking ahead to the Bank of Canada's interest rate decision due on Wednesday.
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94 days ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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94 days ago
Nuvalent Stock Climbs 39% On $10.6 Bln Takeover Deal With GSK
Shares of Nuvalent, Inc. were surging around 39 percent in the pre-market activity on the Nasdaq, after the clinical-stage biopharma company focused on cancer therapies agreed to be acquired by British drug major GSK plc, in a deal valued at $10.6 billion or 8.0 billion pounds. Further, GSK maintained its 2026 guidance range of 7 percent to 9 percent growth in core operating profit and core EPS.
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94 days ago
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Euro Rises Amid ECB Rate Hike Hopes
The euro strengthened against most major currencies in the European session on Tuesday, amid expectations that the European Central Bank (ECB) would raise rates this week.
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94 days ago
Euro Rises Against Most Majors
The euro strengthened against most major currencies in the European session on Tuesday.
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94 days ago
FTSE 100 Drifts Lower As Pharma Stocks Shed Ground
The UK stock market's benchmark index FTSE 100 drifted lower on Tuesday, weighed down by sharp losses in the healthcare sector and weakness in a couple of bank stocks.
The downside was limited thanks to hopes U.S. and Iran will strike a peace deal following Israel and Iran halting attacks on each other.
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94 days ago
Indian Shares Rebound From Two-month Lows
Indian shares rebounded from two-month lows on Tuesday as a halt in hostilities between Israel and Iran boosted hopes that peace negotiations could move forward.
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94 days ago
CAC 40 Up Nearly 1% As Oil Prices Slip After Israel, Iran Halt Strikes
French stocks climbed higher Tuesday morning amid hopes for a peace deal in the Middle East following Israel and Iran halting their attacks against each other. Oil's fall contributed as well to the firm undertone in the market.
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94 days ago
Gold Holds Steady As Iran And Israel Halt Attacks
Gold prices held steady on Tuesday as a halt in hostilities between Israel and Iran boosted hopes that peace negotiations could move forward.
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94 days ago
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