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New Zealand Rate Decision On Tap For Wednesday

The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to trim its Official Cash Rate (OCR) by 25 basis points, to 3.00 percent from 3.25 percent.
RTTNews | 396 days ago
Canadian Market Modestly Lower In Cautious Trade

Canadian Market Modestly Lower In Cautious Trade

After moving modestly higher in early trades, the Canadian market gave up gains as investors digested the nation's inflation data, and closely followed the developments on Russia-Ukraine peace talks front.
RTTNews | 396 days ago
Swiss Market Ends On Strong Note

Swiss Market Ends On Strong Note

After a somewhat subdued start, the Switzerland market gained in strength as the session progressed on Tuesday, to eventually closed on a bright note.
RTTNews | 396 days ago
European Stocks Close Higher On Russia-Ukraine Peace Deal Hopes

European Stocks Close Higher On Russia-Ukraine Peace Deal Hopes

European stocks closed higher on Tuesday as the mood remained positive amid optimism over a potential Russia-Ukraine peace deal, after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good".
RTTNews | 396 days ago
U.S. Housing Starts Unexpectedly Surge In July But Building Permits Slump

U.S. Housing Starts Unexpectedly Surge In July But Building Permits Slump

A report released by the Commerce Department on Tuesday unexpectedly showed a sharp increase by new residential construction in the U.S. in the month of July. The Commerce Department said housing starts shot up by 5.2 percent to an annual rate of 1.428 million in July after spiking by 5.9 percent to an upwardly revised rate of 1.358 million in June.
RTTNews | 396 days ago
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Bay Street May Open On A Slightly Positive Note

Bay Street May Open On A Slightly Positive Note

Canadian shares look headed for a slightly positive start on Tuesday, tracking steady European markets amid hopes of a Russia-Ukraine peace deal after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good."
RTTNews | 396 days ago
FTSE 100 Modestly Higher

FTSE 100 Modestly Higher

The UK stock market is modestly higher a little past noon on Tuesday amid expectations of a Ukraine peace deal. Investors are also looking ahead to the Federal Reserve's economic symposium at Jackson Hole, Wyoming, that gets underway on Thursday.
RTTNews | 396 days ago
CAC 40 Rises 0.8% As Ukraine Peace Deal Hopes Lift Sentiment

CAC 40 Rises 0.8% As Ukraine Peace Deal Hopes Lift Sentiment

The French market is notably higher on Tuesday as investors pick up stocks amid hopes of a Russia - Ukraine peace deal after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good".
RTTNews | 397 days ago
Home Depot Q2 Profit Down, Misses Street, But Comps Rise; Backs FY25 Outlook

Home Depot Q2 Profit Down, Misses Street, But Comps Rise; Backs FY25 Outlook

Home Depot Inc. reported Tuesday slightly lower profit in its second quarter, despite higher sales and comparable sales. Meanwhile, Adjusted earnings per share and top line missed market estimates. Further, the company maintained its outlook for fiscal 2025 earnings and sales growth.
RTTNews | 397 days ago

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