TSX Stays Subdued after Hot US Inflation Data

TSX up 0.1 Tech stocks lead gains March 12 Reuters Canada39;s main stock index was little changed on Tuesday, as losses in materials were offset by gains in technology stocks, while investors assessed a hotterthanexpected inflation reading from the United States. At 1022 a.m. ET 1422 GMT, the Toronto Stock Exchange39;s SPTSX composite index was up […]
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European Shares Rise on Earnings Support; US Data in Focus

German inflation eased in Feb TAG swings to loss amid property crisis, shares fall Wacker Chemie rises on better than expected Q1 guidance Leonardo to invest in cybersecurity, space and AI in 5year plan March 12 Reuters European shares moved higher on Tuesday, bolstered by upbeat corporate updates and strength in miners, while investors awaited […]
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Oil Prices Rise Slightly as OPEC Retains Demand Forecasts

OPEC sticks to 2024, 2025 demand forecast U.S. consumer prices increased in February Ukraine drone strikes hit Lukoil39;s NORSI refinery Coming up EIA ShortTerm Energy Outlook NEW YORK, March 12 Reuters Oil prices rose slightly on Tuesday as the market weighed bearish U.S. economic data against OPEC39;s demand growth forecast and persistent geopolitical tensions. Brent […]
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Fed seen Waiting at Least until June to Cut Rates

March 12 Reuters A second straight month of strongerthanexpected inflation has effectively shut the door on the possibility of a Federal Reserve interestrate cut before June, with some traders and analysts betting central bankers may need to wait even longer. Gasoline and shelter prices drove the February consumer price index up 3.2 versus a year earlier, an […]
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Spains Hotel Sector sees Demand Surging in Spring

March 12 Reuters Spain39;s hotels expect demand to rise this spring, boosted by a jump in international visitors and in appetite for travel during the Easter holidays, the country39;s hotel and tourist lodging association CEHAT said on Tuesday. While consumers still prioritize travel in the aftermath of the COVID19 pandemic with European airlines reporting strong summer bookings […]
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