Forex News
Energy Stocks Lift European Markets To Positive Close
Despite persisting worries about inflation and concerns about slowing global growth, European stocks closed broadly higher on Monday, led by gains in energy section.
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682 days ago
Euro Higher Amid Improved Risk Sentiment
The euro moved up against its most major counterparts in the European session on Monday, as European markets advanced, though overall trading activity remains muted due to a U.S. market holiday.
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682 days ago
Eurozone Investor Confidence Hits 26-Month Low
Eurozone investor confidence weakened notably to a 26-month low in July, raising fears of a recession, results of a closely-watched survey showed Monday. The investor confidence index slid more-than-expected to -26.4 in July from -15.8 in June, the survey by the behavioral research institute Sentix revealed. After improving sharply in June, the score was expected to fall moderately to -19.9.
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682 days ago
Germany Trade Balance Swings To Deficit; Exports Unexpectedly Fall
Germany's trade balance logged an unexpected deficit in May as trade disruption dampened exports, while rising energy prices pushed up imports, data from Destatis showed on Monday. Exports dropped unexpectedly by 0.5 percent on a monthly basis in May, reversing April's 4.4 increase. Shipments were forecast to grow 0.9 percent.
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682 days ago
Canadian Market Seen Opening Higher
Higher Canadian futures, firm commodity prices and gain in European markets point to a positive start for the Canadian market on Monday.
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682 days ago
Australian, NZ Dollars Climb Amid Risk Appetite
The Australian and NZ dollars advanced against their major counterparts in the European session on Monday, as European stocks rose, even though caution prevailed on signs of a slowdown in the U.S. economy.
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682 days ago
Sensex, Nifty End Choppy Session Higher
Indian shares reversed an early slide to end notably higher on Monday, supported by steady buying in banking and FMCG stocks.
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682 days ago
more news
European Markets Climb Led By Energy Stocks
European shares edged higher on Monday, though overall trading activity remained muted due to a U.S. market holiday.
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682 days ago
Asian Shares Mixed As China Covid Cases Rise
Asian stocks ended mixed on Monday and U.S. stock futures fell as inflation worries persisted and fresh rounds of mass COVID-19 testing in parts of eastern China added to worries about slowing global growth.
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682 days ago
European Shares Seen Up In Cautious Trade
European stocks may open on a positive note Monday, with trading volumes likely to remain thin amid the Independence Day holiday in the United States.
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682 days ago
European Economics Preview: Germany Foreign Trade Data Due
Foreign trade data from Germany is due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Destatis releases Germany's foreign trade figures for May. Exports and imports are forecast to grow 0.9 percent each on a monthly basis in May.
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682 days ago
Sensex, Nifty Marginally Lower In Early Trade
Indian shares were subdued on Monday despite Wall Street bouncing back to a higher close on Friday.
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682 days ago
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Monday, despite the broadly positive cues from the Wall Street on Friday, as traders remain concerned about a global recession as major central banks signaled their intent to move ahead with aggressive rate hikes to tame surging inflation. Asian markets closed mostly lower on Friday.
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682 days ago
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