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Actualités Forex
European Stocks Close Lower; Policy Meetings, China Covid News In Focus
European stocks ended lower on Monday after a cautious session with investors looking ahead to the upcoming monetary policy meetings of the Federal Reserve and the European Central Bank, and awaiting U.S. inflation data.
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Canadian Market Flat At Noon; Technology Stocks Moving Higher
The Canadian market is quite subdued on Monday with investors largely staying cautious and refraining from making significant moves, as they await the upcoming Federal Reserve's monetary policy meeting for some direction.
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NIESR Sees High Risk Of Contraction In UK GDP
Despite the monthly growth in the gross domestic product during October, the UK economy is likely to stagnate or shrink in the final quarter of this year, the National Institute of Economic and Social Research, or NIESR, said Monday.
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China Bank Lending Growth Misses Expectations
China's bank lending increased less than expected in November despite efforts of the central bank to prop up credit and support economic growth, official data revealed Monday. Banks extended CNY 1.21 trillion in new yuan loans in November, figures from the People's Bank of China showed.
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Bay Street Seen Opening On Mixed Note
Canadian shares are likely to open on a mixed note on Monday, tracking higher commodity prices and weak European markets.
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Euro Higher As ECB Meeting In Focus
The euro strengthened against its major rivals in the European session on Monday, ahead of the European Central Bank's monetary policy announcement due later this week that is expected to deliver a 50 basis point increase in key rates.
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German Residential Construction Outlook Bleak, Ifo Survey Finds
Germany's residential construction sector outlook remained bleak amid rising cancellations and record low business expectations as high inflation, rising interest rates and less subsidies damp activity, results of a survey by the ifo institute showed Monday.
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more news
UK GDP Growth Masks Recession Ahead Of BoE Rate Hike
The UK economy rebounded at a faster-than-expected pace in October with a strong contribution from the services activity, though economists and observers said the monthly figures mask the underlying recession. Later this week, the Bank of England is widely expected to shift the gear down on interest rate hikes.
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Will U.S. CPI Weaken Fed's Resolve To Slow Rate Hikes?
Ever since the Fed Chair Jerome Powell announced on November 30, a commitment to moderate interest rate increases, markets have been jolted by a series of data releases that threatened to jeopardize the Fed's intentions. Will the U.S. CPI data due on Tuesday be the next to weaken the Fed's resolve?
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Sensex, Nifty Cut Early Losses Ahead Of CPI Data
Indian shares ended Monday's session largely unchanged despite weak global cues.
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European Shares Retreat On China Concerns
European stocks fell in cautious trade on Monday, as investors avoided making big bets ahead of key U.S. inflation data as well as a trio of central bank meetings due this week.
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FTSE 100 Dips On China Concerns
U.K. stocks fell on Monday as investors weighed positive GDP data against worries that rising COVID cases in China might disrupt consumption and manufacturing.
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CAC 40 Slips Into Red On China COVID Concerns
French stocks fell in cautious trade on Monday, as investors avoided making big bets ahead of key U.S. inflation data as well as a trio of central bank meetings due this week.
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