Today's key event for markets will be the release of U.S. May inflation figures. The report, which is expected to show a pullback in price pressures, comes one day before the Federal Reserve’s interest rate decision. What investors need to know today:
data due before the start of trading. Major European markets were mostly positive. TSX futures were up.
Right now, markets have priced in a more than 70-per-cent chance of the Fed holding steady on rates in Wednesday’s policy announcement. In Asia, Japan’s Nikkei closed up 1.8 per cent, topping the 33,000 level for the first time in more than three decades. Hong Kong’s Hang Seng gained 0.60 per cent.Crude prices recouped some of the previous session’s steep losses as traders await Wednesday’s Fed rate decision.
“Oil could get many conflicting signals this week as we are expecting a hawkish skip by the Fed, another ECB rate hike and a signal for more tightening, possibly a technical recession for New Zealand, and a growing case for easing by the People’s Bank of China.”
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Before the Bell: What every Canadian investor needs to know todayThis morning, Wall Street futures edged higher early with traders focused on key inflation figures and the Federal Reserve’s rate decision in the days ahead. Major European markets were positive. TSX futures were modestly higher.
Read more »
Nick Taylor wins Canadian Open, first Canadian champion since 1954 - National | Globalnews.caTaylor tossed his putter into the air and jumped into the arms of his caddie after the longest made putt of his PGA Tour career.
Read more »
How a Canadian golfer finally broke a 69-year Canadian Open droughtStill sinking in for Abbotsford's Nick Taylor
Read more »
How a Canadian golfer finally broke a 69-year Canadian Open droughtStill sinking in for Abbotsford's Nick Taylor
Read more »
Canadian golfer flattened by security while spraying champagne in RBC Canadian Open celebration | CBC SportsNick Taylor's victory on Sunday marked the first time a Canadian golfer won the Canadian Open title since 1954. That wasn't lost on fellow Canuck Adam Hadwin, who was one of the the first to rush the green in celebration, spraying champagne at Taylor and his caddie.
Read more »
Meet the private Canadian instructors training Ukraine's assault troops | CBC NewsUkrainian soldiers taking part in a recently launched offensive have been trained by NATO member countries, including Canada — and not just by the Canadian military, but by private groups as well.
Read more »