Canadian Market Remains Weak In Lackluster Trade

The Canadian market is down in negative territory Wednesday afternoon, weighed down by losses in industrials, financials and consumer staples sectors. With the U.S. markets closed for Juneteenth holiday, and no big economic data to trigger any significant moves, the market is struggling for direction. The benchmark S&P/TSX Composite Index is down 111.72 points at...

Read More

Swiss Market Ends Lower Again

The Switzerland market briefly advanced to positive territory after a weak start Monday morning, but retreated swiftly and spent the rest of the day\'s session in the red as investors stayed wary of picking up stocks amid a lack of significant triggers. Investors looked ahead to the Swiss National Bank\'s monetary policy announcement, due later...

Read More

U.S. Dollar Lower Against Majors

The U.S. dollar weakened against its major counterparts in the New York session on Monday, as investors awaited central bank decisions and comments from Federal Reserve officials for clues about the central bank\'s likely monetary policy moves. On Sunday, Minneapolis Fed President Neel Kashkari said that it\'s a \"reasonable prediction\" that the U.S. central bank...

Read More

Australia Rate Decision On Tap For Tuesday

The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBA is widely expected to keep its benchmark lending rate unchanged at 4.35 percent. South Korea will release May figures for imports, exports and...

Read More