Forex News
Sensex, Nifty End Choppy Session Marginally Higher
Indian shares ended a choppy session on a flat note Tuesday as commodities surged and the rupee weakened to a record low of 78.79 against the dollar, fanning inflation worries.
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704 days ago
European Shares Extend Gains For Third Day On China Optimism
European stocks advanced on Tuesday as China cut quarantine time for international travelers in big step toward easing Covid-19 controls and ECB President Christine Lagarde played down fears of a recession in the euro zone.
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704 days ago
FTSE 100 Extends Gains As Commodities Surge
U.K. stocks advanced on Tuesday, with commodity-linked stocks leading the surge after China relaxed its COVID-19 quarantine mandate.
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704 days ago
CAC 40 Rallies As Lagarde Plays Down Recession Risks
French stocks rallied on Tuesday, as China cut quarantine time for international travelers in big step toward easing Covid-19 controls and ECB President Christine Lagarde played down fears of a recession in the euro zone.
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704 days ago
DAX Climbs On China Optimism
German stocks rose notably on Tuesday after China halved the length of mandatory quarantine for inbound travelers, in the biggest relaxation of entry restrictions after sticking to a rigid COVID policy throughout the pandemic.
Investors shrugged off weak consumer confidence data and looked ahead to ECB President Christine Lagarde's speech later in the day for directional cues.
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704 days ago
Asian Shares Advance As China Eases Quarantine Rules
Asian stocks fluctuated before closing mostly higher on Tuesday after China announced changes to testing and quarantine rules in first step towards easing border controls.
China's Shanghai Composite index reversed an early slide to close 0.89 percent higher at 3,409.21 as health authorities cut mandatory quarantine period to 10 days from three weeks for inbound visitors.
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704 days ago
German GfK Consumer Sentiment Hits New Record Low
Germany's consumer confidence dropped to a new record low in July as consumers see the risk of the economy slipping to a recession, survey results from the market research group GfK showed on Tuesday. The consumer confidence index fell to -27.4 in July from revised -26.2 in June. The score was forecast to fall to -27.6.
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704 days ago
more news
Indian Rupee Declines To Record Low Against U.S. Dollar
The Indian rupee lost ground against the U.S. dollar in late morning deals on Tuesday, amid a drop in regional shares, as well as surging oil prices on concerns over tightness in oil supply.
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704 days ago
European Shares Likely To Open Lower In Cautious Trade
European stocks are seen opening a tad lower on Tuesday, as positive U.S. economic data and climbing oil prices brought the focus back to policy tightening.
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704 days ago
Sensex, Nifty Decline On Inflation Concerns
Indian shares opened lower on Tuesday, tracking weak Asian markets as bond yields rose and crude prices climbed on global supply concerns, putting bringing inflation and rate hike worries back into focus.
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704 days ago
European Economics Preview: Germany Gfk Consumer Confidence Data Due
Consumer sentiment data from Germany is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the market research group GfK is set to issue Germany's consumer sentiment survey data. The forward-looking sentiment index is forecast to fall to -27.7 in July from -26.0 in June.
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704 days ago
Asian Markets Mostly Lower Amid Cautious Trades
Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as investors remained cautious, while reassessing the outlook for the interest rate hikes by major central banks amid persistent inflation and a potential recession. The Asian markets closed mostly higher on Monday.
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704 days ago
Sensex, Nifty Seen Lower As Oil Prices Climb
Indian shares are seen opening on a cautious note on Tuesday after three days of gains. Bond yields rose and crude prices climbed on global supply concerns, denting risk sentiment.
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704 days ago
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