Investors sold Italian bonds and the euro on Friday, with Italy's bond yield hitting four-year highs as the European Union called its draft budget an "unprecedented" breach of EU fiscal rules. Late on Thursday, the European Commission told Rome in a letter https://ec.europa.eu/info/sites
The Canadian dollar weakened to a five-week low against its U.S. counterpart on Thursday as the greenback broadly climbed and oil prices added to a sharp decline the previous day. The decline for the loonie was driven by strengthening of the U.S. dollar rather than "anything Canada-specific,"
Stocks fell sharply on Thursday while the Japanese yen rose in a move toward safety assets, with traders citing the Sino-U.S. trade war, Italy's budget concerns and a widening gap between the United States and Saudi Arabia. European stocks closed near the day's lows and Wall Street slid after
BANGKOK — Shares turned higher in Europe on Thursday after declines in Asia and on Wall Street. A report of weaker Japanese exports in September underscored uncertainties over the outlook for trade.
China's politically sensitive yuan sank to a 22-month low against the dollar on Thursday after the U.S. Treasury declined to label Beijing a currency manipulator amid a mounting tariff battle. The closely watched yuan fell to 6.9411 per dollar at mid-morning, coming its closest to breaking the symbolically
The Canadian dollar weakened against its U.S. counterpart on Wednesday, pulling back from an 11-day high the day before as domestic data showed lower factory shipments and the greenback broadly rose ahead of the release of Federal Reserve minutes. Canadian factory sales fell by 0.4 percent in August
The Canadian dollar strengthened to nearly a one-week high against the greenback on Tuesday, boosted by a rise in stocks and growing expectations of a Bank of Canada interest rate hike next week. Stocks ...
Major stock markets slipped on Monday as rising tensions between Western powers and Saudi Arabia added to concerns over the pace of global economic growth, with investors flocking to traditional safe-havens ...
Canadian business optimism remained at near record-levels in the third quarter, the Bank of Canada said on Monday in a report likely to cement market forecasts of another interest rate increase next week. The Bank of Canada has raised rates four times since July 2017 and most market players expect another
The Canadian dollar strengthened to its highest in five days against its U.S. counterpart on Monday, after a quarterly business survey by the Bank of Canada supported bets for another interest rate hike from the central bank as soon as next week. Canadian business optimism remained at near-record levels