News
RY-PRT
25.01
0.00%
0.00
GLOBAL MARKETS-Asia stocks, yen tentative with eyes on BOJ decision
Asian stocks, yen tentative with eyes on BOJ decision. U.S. Stock futures jump after tech giants Alphabet and Microsoft report quarterly results. The yen and Japanese government bonds struggle ahead of a closely watched policy decision by the Bank of Japan. The BOJ is expected to stand pat on its interest rate decision.
Reuters · 17h ago
GLOBAL MARKETS-Tepid US data hits stocks, lifts Treasury yields to over 5-month high
Stocks snap three-day winning streak, Japan's yen sinks through 155 per dollar for the first time since 1990. Tepid U.S. GDP data hits stocks, lifts Treasury yields to over 5-month high. Interest rate markets digest slowdown in US GDP growth rate. Mining sector lifts FTSE to all-time high as yen drops to latest 34-year low.
Reuters · 21h ago
CANADA FX DEBT-Canadian dollar rebounds ahead of key U.S. inflation data
Canadian dollar rises 0.3% against the greenback ahead of key U.S. Inflation data. Average weekly earnings growth accelerates to annual pace of 4.5% in February. Loonie rebounds as domestic data shows wage growth picking up. Price of U.s. Oil settles 0.9% higher; 10-year yield hits six-month high.
Reuters · 23h ago
GLOBAL MARKETS-Equities fall amid earnings gloom, as persistent inflation lifts Treasury yields
European shares close down 0.7%, Japan's yen drops to latest 34-year low. U.S. GDP data shows signs of persistent inflation, pushing back expectations of interest rate cuts. Facebook and Instagram owner Meta's disappointing forecasts hit tech sector. Japanese yen drops through 155 per dollar for the first time since 1990.
Reuters · 1d ago
GLOBAL MARKETS-Tepid economic data weighs on equities; yen sinks to fresh lows
Stocks snap three-day winning streak; Japan's yen sinks to a 34-year low against the dollar. U.S. GDP growth slows to 1.6% in the first quarter, weaker than expected. FTSE 100 hits a record high; Facebook and Instagram slump after poor forecasts. Japanese yen hits 155 per dollar for the first time since 1990.
Reuters · 1d ago
UPDATE 1-UK finance ministry names Liz Oakes to Bank of England FPC
UK finance ministry appoints financial services executive Liz Oakes to Bank of England's Financial Policy Committee. Former Bank of Canada official Carolyn Wilkins reappointed to a second three-year term on the committee. The FPC monitors financial risks and sets rules for banks in Britain.
Reuters · 1d ago
GLOBAL MARKETS-Stocks struggle after Meta moodswings, tepid US GDP
Stocks snap three-day winning streak after Facebook and Instagram owner Meta slump. Japan's yen sinks through 155 per dollar for the first time since 1990. Tepid U.S. GDP data pushes Wall Street lower. FTSE 100 hits all-time high as Anglo American hits record high.
Reuters · 1d ago
PRESS DIGEST-Canada - April 25
Bank of Canada officials are split on when to start lowering interest rates. Former bank of Canada governor says the federal government did put adequate focus on fostering economic growth in its budget. Real estate developer files lawsuit against Edward Rogers. The Globe and Mail looks at the top stories in Canada.
Reuters · 1d ago
BUZZ-COMMENT-BoC minutes signal gradual easing, summer cut intact
Bank of Canada minutes signal gradual easing, summer cut intact. The stage is set for a rate cut at the June policy meeting. Members agreed the decline in core inflation had met the condition of ‘further’ easing. But risks are geared towards more easing than currently priced.
Reuters · 1d ago
GLOBAL MARKETS-Stocks and yen struggle as tech troubles weigh
World stocks snap three-day winning streak as Facebook and Instagram parent Meta slump. Japanese yen drops to last 34-year low of 155 per dollar for the first time since 1990. FTSE 100 hits all-time high as mining sector M&A lifts LSE to record high. U.S. GDP data due later in the day.
Reuters · 1d ago
Bank of Canada says any rate cuts would probably be gradual
Reuters · 2d ago
UPDATE 1-Canada retail sales miss expectations with second monthly fall
Canada's retail sales contracted for the second consecutive month in February. Retail sales decreased 0.1% in February after a 0.3% contraction in January, Statistics Canada says. Drop in sales at gasoline stations and fuel vendors led by a drop in volume terms. Two back-to-back months of falls in retail sales reflect strain on economy from high interest rates.
Reuters · 2d ago
BUZZ-Street View: Range Resources to step up buybacks after Q1 beat
Range Resources reported Q1 adj. Profit of 69 cents/shr on Tuesday, beating estimates of 57 cents. Range Resources to step up buybacks after Q1 beat. Co said it hedged Marcellus Shale and other basis differentials to limit volatility. Co is targeting maintenance-production program in 2024.
Reuters · 2d ago
PREVIEW-Microsoft's AI lead puts Amazon cloud dominance on watch
Microsoft's earnings on Thursday will be an indicator of AI adoption. The software giant has beaten rivals Amazon and Google-parent Alphabet to the market with generative AI. Wall Street analysts expect Microsoft to report growth in its cloud-computing service. Amazon and Alphabet report their quarterly reports on Thursday and April 30.
Reuters · 2d ago
CANADA STOCKS-TSX futures flat as Wall Street cheer offsets oil, gold decline
TSX futures flat as Wall Street cheer offsets declines in gold, oil prices. U.S. Stock index rises on optimistic investor sentiment in the United States. Gold prices extend their fall as hedge fund reductions weigh on prices. Retail sales data for March is due in Canada on Wednesday.
Reuters · 2d ago
What to Watch in the Day Ahead - Wednesday, April 24
Meta Platforms' revenue is expected to grow 26% as AI investments drive higher engagement at Instagram. Boeing expected to report a much higher cash burn and its first revenue fall in seven quarters. AT&T expected to post weak subscriber additions in the first quarter. Census Bureau to report orders for durable goods rose 2.5% in March.
Reuters · 3d ago
BUZZ-Week Ahead-BOJ decision, key US inflation gauge in focus
Bank of Japan expected to leave its rate settings unchanged on Friday. Key US inflation gauge, the U.S. Core PCE price index, will also be in focus this week. China is likely to leave rates unchanged on Monday. Europe has a quiet week for data.
Reuters · 4d ago
Canada federal budget doesn't change fiscal track much - BoC
Reuters · 6d ago
PRESS DIGEST-Canada - April 19
Royal Bank of Canada's chief economist Craig Wright has announced plans to retire at the end of June. France-based investment firm Ardian is close to a deal to acquire more than $1 billion of private equity fund stakes. Canada's medical association criticize the federal government's capital-gains tax increase.
Reuters · 04/19 12:01
More
Webull provides a variety of real-time RY-PRT stock news. You can receive the latest news about Royal Bank through multiple platforms. This information may help you make smarter investment decisions.
About RY-PRT
Royal Bank of Canada is a Canada-based diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. Its segments include Personal & Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, Capital Markets, and Corporate Support. Personal & Commercial Banking segment provides a range of financial products and services to individuals and businesses for their day-to-day banking, investing and financing needs through two businesses: Canadian Banking, and Caribbean and United States Banking. Wealth Management segment offers a comprehensive suite of investment, trust, banking, credit and other advice-based solutions. Its Insurance segment offers a range of advice and solutions for individual and business clients including life, health, wealth, home, auto, travel, annuities and reinsurance.