U.S. crude oil stocks down 3.6m barrels, API says, more than seen

Investing.com U.S. crude oil stocks fell by 3.6 million barrels at the end of last week, the American Petroleum Institute (API) said on Tuesday, slightly more than expected. The figures will be followed by official data from the Energy Information Administration (EIA) on Wednesday. The API and EI ...

Kiwi down slightly ahead of budge estimates, dollar gains noted

Investing.com - The kiwi eased slightly in early trade on Wednesday in Asia with budget figures ahead to dominated the outlook with the dollar up strongly overnight. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was last ...

Immediate event risks ahead – Westpac

Analysts at Westpac note the forthcoming events for traders to pay attention to. Key Quotes: NZ: The Government’s Pre-Election Fiscal Update (PREFU) is expected to unveil an increased operating surplus thanks to a higher tax take. Markets will be interested in any changes to the bond issuanc ...

Aggressive trade actions against China has risen – Nomura

Today, in another sign of cooling relations between the US and China, the Treasury Department announced an additional set of sanctions for Chinese and Russian companies suspected of aiding North Korea in evading economic sanctions, as noted and explained by analysts at Nomura.  Key Quotes ...

Market wrap: Trump’s team rally up the rally – Westpac

Analysts at Westpac offered their market wrap. Key Quotes: "Market Wrap Global market sentiment: US equities, interest rates and dollar all rose overnight. A Politico report that Trump’s team was making progress on tax reform attracted market attention. Interest rates: US 10yr treasur ...

Peru stocks higher at close of trade; S&P Lima General up 0.41%

Investing.com – Peru stocks were higher after the close on Tuesday, as gains in the S&P Lima Juniors, Non-Metal Minerals and Industrials sectors led shares higher. At the close in Lima, the S&P Lima General added 0.41% to hit a new 3-years high. The best performers of the session on the ...

The Day Ahead: Top 3 things to watch

Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow Euro macro data under the microscope EUR/USD will be focus on Wednesday, as investors look ahead to release of a pair of economic reports expected to provide insight into the state of the Eurozone economy. ...

Ultragenyx Pharmaceutical’s Ace-ER trial misses the mark, shares crash

Investing.com - Shares of Ultragenyx (NASDAQ:RARE). fell during Tuesday's after hours session in reaction to the company's report that a late-stage clinical trial for its severe muscle disease treatment failed to meet its primary endpoint. The Phase 3 clinical trial for extended-release aceneurami ...

La-Z-Boy shares slide as earnings fall short of estimates

Investing.com - La-Z-Boy Incorporated (NYSE:LZB) shares were crashing during Tuesday’s after hours session as the company released its latest quarterly results, which missed expectations. The company earned $0.21 per share in its first quarter, $0.08 per share below what analysts forecast. Revenue ...

Brazil stocks higher at close of trade; Bovespa up 2.01%

Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Public Utilities, Electric Power and Financials sectors led shares higher. At the close in Sao Paulo, the Bovespa gained 2.01% to hit a new 5-year high. The best performers of the session on the Bovespa were ...

Mexico stocks higher at close of trade; IPC up 0.18%

Investing.com – Mexico stocks were higher after the close on Tuesday, as gains in the Consumer Goods&Services, Financial Services and Industrials sectors led shares higher. At the close in Mexico, the IPC gained 0.18%. The best performers of the session on the IPC were Ohl Mexico, S.A.B. De ...

Canada stocks higher at close of trade; S&P/TSX Composite up 0.22%

Investing.com – Canada stocks were higher after the close on Tuesday, as gains in the Consumer Discretionary, Healthcare and Energy sectors led shares higher. At the close in Toronto, the S&P/TSX Composite added 0.22%. The best performers of the session on the S&P/TSX Composite were Mitel ...