Canadian Market Retreats After Slightly Positive Start

After opening modestly higher and advancing further, the Canadian market retreated Monday morning, weighed down by losses in materials and energy sectors.

U.S. Homebuilder Confidence Remains Unchanged In April

Homebuilder confidence in the U.S. came in flat in the month of April, the National Association of Home Builders revealed in a report released on Monday. The report said the NAHB/Wells Fargo Housing Market Index came in

U.S. Business Inventories Rise Slightly More Than Expected In February

Business inventories in the U.S. increased by slightly more than expected in the month of February, according to a report released by the Commerce Department on Monday. The Commerce Department said business inventories

U.S. Dollar Appreciates After Strong Retail Sales Data

The U.S. dollar was higher against its major counterparts in the New York session on Monday, as the nation's retail sales increased much more than expected in the month of March.

European Stocks Close On Mixed Note

European stocks pared most of their early gains and ended on a mixed note on Monday amid concerns about rising tensions in the Middle East. A batch of encouraging economic data from the region aided sentiment early on in

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Monday, giving up most of its gains in the final hour of the day's session, as the mood turned a bit cautious amid a lack of significant triggers.

Dollar Gains Against Major Counterparts On Strong Retail Sales Data

The U.S. dollar gained against its major counterparts on Monday, as data showed a bigger than expected increase in the nation's retail sales in the month of March.

TSX Extends Losses To 4th Straight Day, Ends Moderately Lower

Despite a slightly positive start and a subsequent modest upmove, the Canadian market ended moderately lower on Monday, weighed down by losses in energy, real estate and technology stocks.

China Data On Tap For Tuesday

China is scheduled to release a batch of data on Tuesday, headlining the day's economic activity. On tap are Q1 figures for gross domestic product, as well as March numbers for industrial production, retail sales, fixed

Yen Slides As Traders Await FX Market Intervention

The Japanese yen weakened against other major currencies in the Asian session on Monday, as traders await possible currency intervention by the Japanese authorities to slow the currency decline.