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Dollar Gaining Against Major Counterparts

The U.S. dollar gained against most of its major counterparts on Wednesday amid continued bets interest rates will remain higher for longer than previously thought, and the world's largest economy will see significant growth despite tight monetary policy.
RTTNews | 1094 hari yang lalu
Swiss Market Fails To Hold Early Gains, Ends Moderately Lower

Swiss Market Fails To Hold Early Gains, Ends Moderately Lower

After opening higher and staying positive till noon on Wednesday, the Switzerland stock market turned a bit subdued and moved along the flat line till mid afternoon before drifting lower to end the day's session on a weak note.
RTTNews | 1094 hari yang lalu
Canadian Dollar Strengthens As Oil Prices Rise

Canadian Dollar Strengthens As Oil Prices Rise

The Canadian dollar climbed against its major counterparts in the European session on Wednesday, as oil prices advanced even as industry data showed U.S. crude oil stockpiles rose in the just-ended week, against expectations for a small drop.
RTTNews | 1094 hari yang lalu
U.S. Durable Goods Orders Unexpectedly Rebound 0.2% In August

U.S. Durable Goods Orders Unexpectedly Rebound 0.2% In August

After reporting a sharp pullback in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Wednesday unexpectedly showing a modest rebound in durable goods orders in the month of August. The Commerce Department said durable goods orders crept up by 0.2 percent in August after plunging by a revised 5.6 percent in July.
RTTNews | 1094 hari yang lalu
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Eurozone Money Supply Logs Record Fall; Bank Lending Growth Weakens

Eurozone Money Supply Logs Record Fall; Bank Lending Growth Weakens

Eurozone money supply registered its biggest fall on record and bank lending grew at a much slower pace in August amid tightening monetary policy and weak economic activity, data published by the European Central Bank showed on Wednesday. The M3 money supply posted an annual decline of 1.3 percent, following July's 0.4 percent fall. This was the biggest fall on record.
RTTNews | 1094 hari yang lalu
Pound Rises Against Most Majors

Pound Rises Against Most Majors

The pound advanced against its most major counterparts in the European session on Wednesday.
RTTNews | 1094 hari yang lalu
Bay Street Likely To Open Higher On Firm Oil Prices

Bay Street Likely To Open Higher On Firm Oil Prices

The Canadian market may open higher on Wednesday with energy stocks finding support on firm crude oil prices. The overall mood is likely to remain cautious as investors await more economic data amid persisting worries about inflation and interest rates.
RTTNews | 1094 hari yang lalu

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