Forex News
CAC 40 Little Changed In Cautious Trade
French stocks were little changed on Monday as investors braced for a busy week of corporate earnings and a policy meeting of the U.S. Federal Reserve, with economists expecting a 75-bps point hike to combat inflation.
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682 days ago
DAX Slips As Business Confidence Falls More Than Expected
German stocks drifted lower on Monday after survey results from Ifo Institute showed that Germany's business confidence deteriorated more than expected in July.
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682 days ago
Asian Shares Slide On Concerns Over Economic Outlook
Asian stocks ended broadly lower on Monday as weak business activity data from Europe and the United States coupled with anxiety about China's property market added to worries about a recession.
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682 days ago
Australian Dollar Slides In Cautious Trade
The Australian dollar weakened against its most major counterparts in the Asian session on Monday, as investors became cautious ahead of the U.S. Federal Reserve's interest rate decision and the release of a key data from Australia.
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682 days ago
European Shares Poised For Weak Start As Growth Worries Weigh
European stocks are seen opening on a tepid note Monday as economic concerns mount.
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682 days ago
Sensex Declines 335 Points; Nifty Dips Below 16,650
Indian shares opened lower on Monday, mirroring weak global cues as investors braced for a busy week of U.S. tech earnings and the Fed meeting.
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682 days ago
European Economics Preview: Germany Ifo Business Confidence Data Due
Business sentiment survey data from Germany is the only major report due on Monday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland publishes producer prices and export price data for June. At 3.00 am ET, gross wages from Hungary and manufacturing confidence from Turkey are due.
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682 days ago
more news
Asian Markets Mostly Lower Amid Cautious Trades
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as worries about slowing growth and policy tightening weighed on the markets. Traders remained cautious and chose to take some profits ahead of this week's highly anticipated monetary policy decision by the U.S. Federal Reserve, which is widely expected to raise interest rates.
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682 days ago
Sensex, Nifty Seen Tad Lower At Open
Indian shares may open a tad lower on Monday as investors brace for a busy week of U.S. tech earnings and the Fed meeting. The Fed is likely to slow the pace of interest-rate increases after a second straight 75-bps rate hike on Wednesday.
Tech companies may come under selling pressure amid concerns that they might be hit by a recession in the United States.
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682 days ago
Thai Stock Market May Run Out Of Steam On Monday
The Thai stock market has moved higher in three straight sessions, collecting almost 20 points or 1.2 percent along the way. The Stock Exchange of Thailand now rests just above the 1,550-point plateau although investors may lock in gains on Monday.
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682 days ago
Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Monday, snapping the seven-session winning streak, with the Nikkei 225 falling below the 27,700 level, following the broadly negative cues from Wall Street on Friday and the steady surge in the fresh wave of COVID-19 infections with the BA.5 omicron variant.
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682 days ago
Soft Start Anticipated For Indonesia Stock Market
The Indonesia stock market bounced higher again on Friday, one day after snapping the three-day winning streak in which it had surged almost 225 points or 3.3 percent. The Jakarta Composite Index now sits just beneath the 6,890-point plateau although it's expected to open lower again on Monday.
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682 days ago
Australian Market Slightly Higher
The Australian stock market is slightly higher in choppy trading on Monday, recouping some of the losses in the previous session, with the benchmark S&P/ASX 200 moving a tad above the 6,800 level, despite the broadly negative cues from Wall Street on Friday, aided by gains in resources stocks as iron ore prices jumped over the weekend, nearly offset by weakness in technology stocks.
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682 days ago
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