European stocks closed higher on Tuesday, continuing a positive rally this week amid anticipation for upcoming meetings by the US Federal Reserve, the Bank of England (BoE), and the Bank of Japan (BoJ). The Stoxx Europe 600 index finished higher by 0.77%, while the UK’s FTSE100 surged by 1.32%. Meanwhile, …

The median household income in the United States increased by 6.8% in 2019, for the second consecutive year, with the number of people in poverty decreasing, data by the US Census Bureau’s annual report showed on Tuesday. The median household income for last year stood at $68,703 compared with $64,324 …

Manufacturing production in the United States rose by 1% in August, data by the US Federal Reserve showed on Tuesday. This comes after a 3.9% growth in July and below market expectations of a 1.2% increase.

Manufacturing sales in Canada increased by 7% to $53.1 billion in July, data by Statistics Canada showed on Tuesday. This is the third monthly consecutive rise for Canadian manufacturing sales, which remain below their levels before the COVID-19 pandemic.

The New Zealand Dollar (NZD) is rising against the US Dollar (USD) on Tuesday, after data showed an increase of the Global Daily Trade (GDT) Price Index. The GDT recorded a 3.6% increase this week, after falling by 1% in the week before. The NZD/USD is trading higher by 0.18% …

The Global Daily Trade (GDT) Price Index in New Zealand recorded a 3.6% increase this week, after falling by 1% in the week before, data showed on Tuesday.

The New York Stock Exchange (NYSE) rose on Monday, amid a positive performance by most stock markets on renewed hopes for developing a COVID-19 vaccine. The Dow Jones Industrial Average increased by 328 points, or 1.2%. The S&P 500 index closed higher by 1.3%, while the Nasdaq Composite showed recovery …

US Treasury yields showed a mixed performance on Monday amid anticipation for the next Federal Reserve meeting. Yields on the 10-year Treasury notes settled at 0.669%, while the two-year note return increased by 0.6 basis point to 0.135%. Meanwhile, the return on the 30-year bond declined by 0.9 basis point …

Oil prices fell on Monday, due to concerns and negative expectations for the global demand outlook. The global benchmark Brent crude futures settled lower by 22 cents, or 0.6%, at $39.61 per barrel. Meanwhile, the US West Texas Intermediate (WTI) crude futures closed lower by 7 cents, or 0.2%, at …

Gold prices rose on Monday amid a decline by the US Dollar and the Treasury Yields, and despite a rise in stock markets amid an improved risk appetite. Gold futures for December delivery finished higher by $15.80, or 0.8%, at $1,963.70 per ounce. As for silver futures, the December contracts increased by …