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Canadian Dollar Rises Against Most Majors
The Canadian dollar strengthened against its most major rivals in the European session on Monday.
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NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against its most major currencies in the European session on Monday.
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vor 843 Tagen
German Suburbs Log Strong Gains In Consumer Spending Due To Remote Working: Ifo Study
Retail sales growth in Germany's residential areas and suburbs has grown strongly, while spending in city centers remain below the pre-pandemic levels as many people continue to work from home, results of a study by the ifo Institute showed Monday. The ifo study covered locations in Berlin, Munich, Hamburg, Stuttgart and Dresden.
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vor 843 Tagen
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the early European session on Monday.
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European Markets Seen Opening Weak
Markets in Europe are expected to open on a weak note on Monday despite positive sentiment created by robust corporate earnings and Wall Street's strong rally on Friday.
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Sensex, Nifty Surge Higher As Stocks Rally On Positive Global Cues
Indian shares are up firmly Monday morning on widespread buying thanks to positive global cues.
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SD Biosensor Recalls Certain COVID-19 At-Home Tests Distributed By Roche
Seoul, South Korea -based SD Biosensor, Inc. has recalled specific Pilot COVID-19 At-Home Tests, distributed by Roche Diagnostics in the United States, citing potential microbial contamination in the liquid buffer solution, the U.S. Food and Drug Administration said. The Pilot COVID-19 At-Home Test is an over-the-counter rapid antigen test and uses a nasal swab sample that can be self-collected...
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more news
European Economic News Preview: Germany Industrial Output Data Due
Industrial production from Germany and investor confidence from the euro area are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial output for March. Economists forecast industrial production to fall 1.3 percent on a monthly basis, following a 2 percent rise in February.
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Yen Falls As Asian Stock Markets Traded Higher
The Japanese yen weakened against other major currencies in the Asian session on Monday, as Asian stocks markets traded higher with traders looking to pick up stocks at reduced levels following recent weakness. Data showing a bigger than expected in U.S. jobs addition in the month of April has fueled hopes that the U.S. Fed will hold rates steady in the near future.
In economic news, members of the Bank of Japan's Monetary Policy Board said that the country's economy has picked up steam, despite higher commodity prices, and it expected to continue to do so, minutes from the board's meeting on March 9 and 10 revealed on Monday.
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vor 843 Tagen
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday.
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vor 843 Tagen
Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from global markets on Friday, with traders looking to pick up stocks at reduced levels following recent weakness. Data showing a bigger than expected in US jobs addition in the month of April has fueled hopes that the US Fed will hold rates steady in the near future. Asian markets closed mixed on Friday.
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Indian Shares Likely To Open On Positive Note
Higher SGX Nifty and cues from Wall Street and Asian markets point to a positive start for Indian shares on Monday.
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vor 843 Tagen
Japanese Market Notably Lower
The Japanese stock market is notably lower on Monday after a long weekend, snapping a four-session winning streak, with the Nikkei 225 staying above the 29,000 mark , despite the broadly positive cues from global markets on Friday, with weakness across most sectors as the markets are catching up with their global peers after a three-day holiday.
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vor 843 Tagen
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