CAC 40 Gains On US Rate Cut Optimism

TSX Ends Notably Higher, Gains 0.7% In Week

The Canadian market ended on a firm note on Friday, lifted by strong gains in materials and energy sectors as commodity prices climbed higher amid rate cut bets and optimism about outlook for demand.

RTTNews | 1 day ago

Dollar Retreats After Early Gains

The U.S. dollar climbed higher in the European session on Friday, extending gains from the previous session, but retreated later and stayed somewhat subdued thereafter and shed ground against its counterparts amid bets the Federal Reserve will start cutting interest rates from September.

RTTNews | 1 day ago

Swiss Market Ends On Firm Note Again

Swiss stocks turned in a fine performance on Friday, extending gains from the previous session, as some encouraging earnings updates and possibility of another rate cut from the Swiss National Bank helped underpin sentiment.

RTTNews | 1 day ago

Major European Markets Close Weak On Interest Rate Concerns

The major European stocks closed lower on Friday, drifting down for a second straight session, on concerns the Federal Reserve will likely keep interest rates higher for a longer time. Some disappointing earnings updates hurt as well.

RTTNews | 1 day ago

U.S. Dollar Lower On Rate Cut Expectations

The U.S. dollar declined against its major counterparts in the New York session on Friday on growing expectations that the U.S. Federal Reserve could start cutting interest rates as early as September.

RTTNews | 1 day ago

Canadian Market Up In Positive Territory; Materials Shares Rally

The Canadian market is up in positive territory on Friday, supported by strong gains in materials shares, which are moving up on firm metal prices.

RTTNews | 1 day ago

U.S. Leading Economic Index Decreases More Than Expected In April

Suggesting softer economic conditions lay ahead, the Conference Board released a report on Friday showing a continued decrease by its reading on leading U.S. economic indicators in the month of April. The Conference Board said its leading economic index fell by 0.6 percent in April after dipping by 0.3 percent in March. Economists had expected the index to decrease by another 0.3 percent.

RTTNews | 1 day ago

Elon Musk Says Twitter's Official Rebranding As X Complete

Billionaire Elon Musk announced that his social media platform, formerly known as Twitter, has completed its rebranding as X. In a post on his social media account, Musk said, "All core systems are now on http://X.com." At the bottom of the X login page, a message reads as "We are letting you know that we are changing our URL, but your privacy and data protection settings remain the same."

RTTNews | 1 day ago

EURUSD	1.08702	GBPUSD	1.27005	AUDUSD	0.66944
USDJPY	155.705	USDCAD	1.36106	USDCHF	0.90912