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Swiss Market Ends Modestly Lower

The Switzerland stock market ended weak on Wednesday, in line with markets across Europea, as worries about economic slowdown, inflation and prospects of further monetary tightening by global central banks weighed on sentiment.
RTTNews | 1114 hari yang lalu
U.S. Dollar Climbs As ISM Services PMI Exceeds Expectations

U.S. Dollar Climbs As ISM Services PMI Exceeds Expectations

The U.S. dollar strengthened against its major counterparts in the New York session on Wednesday, as ISM non-manufacturing PMI came in higher than expected in August, raising the prospect of higher for longer rate policy by the Federal Reserve.
RTTNews | 1114 hari yang lalu
U.S. Services Index Unexpectedly Indicates Faster Growth In August

U.S. Services Index Unexpectedly Indicates Faster Growth In August

Activity in the U.S. service sector unexpectedly grew at a faster pace in the month of August, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its services PMI rose to 54.5 in August from 52.7 in July, with a reading above 50 indicating growth in the sector.
RTTNews | 1114 hari yang lalu
Loonie Mixed After BoC Decision

Loonie Mixed After BoC Decision

As expected, the Bank of Canada kept its policy rate steady at 5 percent. Following the announcement, the loonie traded mixed against its major opponents. While it fell against the greenback, it rose against the rest of major rivals.
RTTNews | 1114 hari yang lalu
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Amazon Sues Bad Actors Attempting To Use Social Media To Knowingly Sell Counterfeit Luxury Items

Amazon Sues Bad Actors Attempting To Use Social Media To Knowingly Sell Counterfeit Luxury Items

Amazon.com, Inc. (AMZN) and its Counterfeit Crimes Unit (CCU) announced Wednesday the filing of two new lawsuits against Kamryn Russell, Ashley Hawat, and their co-conspirators who knowingly attempted to evade Amazon's brand protection systems in an effort to promote, advertise, and facilitate the sale of counterfeit luxury fashion goods such as jewelry, handbags, and accessories.
RTTNews | 1114 hari yang lalu
German Factory Orders Slump Adds To Recession Concerns

German Factory Orders Slump Adds To Recession Concerns

Germany's manufacturing sector orders decreased in double-digits on a monthly basis in July, which was much more than forecast, largely due to a big order for air and spacecraft in the previous month, and added fuel to worries that the biggest euro area economy may be headed for a recession.
RTTNews | 1114 hari yang lalu
Euro Appreciates Amid Hawkish Comments From ECB's Knot

Euro Appreciates Amid Hawkish Comments From ECB's Knot

The euro was higher against its major counterparts during the European session on Wednesday, as European Central Bank Governing Council member Klaas Knot remarked that markets may be misreading the possibility of an interest rate hike at the monetary policy meeting next week.
RTTNews | 1114 hari yang lalu

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