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Actualités Forex
DAX Up Marginally In Cautious Trade; Bayer Rises Nearly 9%
German stocks are moving in a tight range on Tuesday with investors largely making cautious moves, after a solid session on Monday thanks to news about U.S. and China striking a trade deal. Investors are digesting the data on German investor sentiment, and the latest batch of corporate earnings updates.
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Sensex, Nifty Tumble After Monday's Ceasefire Rally
Indian shares tumbled on Tuesday, a day after benchmark indexes Sensex and Nifty recorded their sharpest rally in over four years, following a tentative ceasefire between India and Pakistan over the weekend.
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German ZEW Investor Confidence Rebounds In May
German investor confidence rebounded in May as the formation of new government as well as the progress in the tariff disputes strengthened expectations, a survey published by the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment climbed sharply by 39.2 points to 25.2 in May. However, the assessment about the current economic situation remained deep in the negative terri
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Tuesday.
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European Shares Extend Gains For Fourth Day; US Inflation Report Eyed
European stocks were flat to slightly higher on Tuesday, extending gains for a fourth day running amid signs of progress in U.S.-China trade talks.
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Asian Shares Mixed In Cautious Trade; US Inflation Data Eyed
Asian stocks ended mixed on Tuesday as initial euphoria over the U.S.-China trade deal faded and investors lowered their bets of Federal Reserve rate cuts this year.
Uncertainty still lingered and there was apprehension over whether anything durable would come out of the trade talks after a 90-day halt.
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Antipodean Currencies Rise On US-China Trade Deal Impact
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, amid easing fears of a prolonged trade global war after news that the U.S. and China have agreed to drastically reduce the massive tariffs on each other's goods by 115 percent while retaining an additional 10 percent tariff.
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more news
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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Australia NAB Business Confidence Rises, Conditions Fall
Australia business confidence improved in April, while conditions deteriorated due to weaker profitability, survey results from NAB showed on Tuesday. The business confidence index rose to -1 in April from -3 in March but remained negative. Confidence by industry was mixed, with a significant increase in confidence in manufacturing and smaller increases in wholesale, construction, and finance.
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European Shares Seen Opening Mostly Lower Before US Inflation Data
European stocks are likely to open lower on Tuesday as investors await the U.S. Labour Department's April consumer price inflation data later in the day for more economic cues.
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European Economic News Preview: UK Unemployment Data Due
Labor market statistics from the UK and economic sentiment from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK unemployment and wage data for the first quarter. The jobless rate is forecast to rise to 4.5 percent from 4.4 percent in the preceding period.
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Sensex, Nifty Open Lower On Profit Taking After Rally
Indian shares were seeing some profit booking on Tuesday after a strong rally in the previous session.
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