Forex News
European Shares Rise On Solid Data, Rate Cut Hopes
European stocks traded higher on Tuesday after a survey showed that business activity in the euro zone expanded at its fastest pace in nearly a year this month.
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4h 27min ago
Euro Advances Against Most Majors
The euro strengthened against most major currencies in the European session on Tuesday.
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4h 29min ago
FTSE 100 Rises As Business Activity Expands
U.K. stocks traded higher on Tuesday after a survey showed private sector activity in the country expanded for the sixth consecutive month in April.
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4h 41min ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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4h 42min ago
CAC 40 Edges Higher As Economy Stabilizes In April
French stocks rose slightly on Tuesday as the latest business activity data painted a mixed picture of the economy.
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4h 53min ago
DAX Climbs As Business Activity Returns To Growth
German stocks climbed on Tuesday after a preliminary survey showed private sector activity in the country unexpectedly returned to growth in April as the services sector outperformed.
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5h 4min ago
Asian Shares Mixed Ahead Of Big US Earnings
Asian stocks turned in a mixed performance on Tuesday as investors watched the latest developments in the Middle East and looked forward to earnings results from U.S. titans including Amazon, Apple, Netflix and General Motors for directional cues.
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5h 14min ago
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Novartis Q1 Profit Tops Market, Lifts FY24 View, Proposes New Chair; Stock Up
Novartis AG's shares were gaining more than 4 percent in Switzerland and more than 5 percent in pre-market activity on the NYSE after the Swiss drug major reported Tuesday higher first-quarter profit, above market estimates, with strong sales growth. The company also raised its fiscal 2024 outlook for growth in sales and core operating income.
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5h 23min ago
Antipodean Currencies Rise Amid Risk Appetite, PMI Data
The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday amid risk appetite, following the broadly positive cues from global markets overnight, on easing fears of a wider Middle East conflict after Iran and Israel completed 'measured' counterattacks that were calibrated to avoid any casualties. Traders also scooped up bargains ahead of the release of a slew of U.S. economic data including key reports on personal income and spending.
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6h 19min ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
The NZ dollar rose to nearly a 2-week high of 91.75 against the yen and a 5-day high of 1.7982 against the euro, from yesterday's closing quotes of 91.62 and 1.7990, respectively.
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8h 3min ago
European Economic News Preview: Eurozone Flash PMI Data Due
Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK public sector finance data. The budget deficit is forecast to widen to GBP 8.9 billion in March from GBP 7.48 billion in February.
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8h 6min ago
European Shares May See Cautious Gains At Open
European stocks may open slightly higher on Tuesday as easing geopolitical tensions and a soft inflation outlook bolstered hopes that the European Central Bank will soon start cutting interest rates.
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8h 16min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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8h 22min ago