TSX Rises To 4-week High On Widespread Buying

The Canadian market rose to a four-week high on Wednesday thanks to strong buying in the materials, utilities, industrials and financials sectors. Data showing a smaller than expected increase in U.S. private sector employment, and an unexpected drop in service sector activity raised hopes the Fed will cut interest rate in September. The benchmark S&P/TSX...

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Australia Trade Data On Tap For Thursday

Australia will on Thursday release May figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In April, imports were down 7.2 percent on month and exports slipped 2.5 percent for a trade surplus of A$6.548 billion. Hong Kong will see June results for the private sector Purchasing Managers Index...

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DAX Dips Ahead Of Key Inflation Data

German stocks fell in cautious trade on Tuesday as investors awaited the release of euro zone inflation data and comments from Federal Reserve Chair Jerome Powell for directional cues. Investors were also reacting to a rise in U.S. Treasury yields after the U.S. Supreme Court ruled that former President Donald Trump is entitled to immunity...

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