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Actualités Forex
Sensex, Nifty Slide On Weak Global Cues
Indian shares fell slightly on Friday as tariff worries mounted and investors awaited a key U.S. inflation reading for directional cues.
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DAX Down Nearly 1% As Trade Fears Continue To Hurt Sentiment
German stocks are in negative territory Friday morning, extending recent weakness, amid rising fears of a global trade war following the U.S. President Donald Trump's decision to impose 25% tariffs on auto and auto components imported into U.S., and his threat of more levies in the event of the EU attempting to retaliate with countermeasures.
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UK Economy Grows Marginally As Estimated; Retail Sales Rebound Unexpectedly
The UK economy logged a marginal growth as initially estimated in the fourth quarter as the decline in production was offset by the growth in services and construction sectors, official data showed Friday. Another data revealed that retail sales expanded unexpectedly in February driven by the rebound in non-food store and auto fuel sales.
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European Shares Mostly Lower As Trade War Fears Intensify
European shares drifted lower on Friday amid signs that U.S. President Donald Trump could be intensifying a broader trade war that could damage growth worldwide.
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Asian Shares Slide As Trump's Reciprocal Tariff Deadline Looms
Asian stocks ended mostly lower on Friday as investors held to the sidelines, awaiting cues from the release of the Fed's preferred inflation gauge later in the day and the U.S. reciprocal tariffs set to take effect on April 2.
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German GfK Consumer Sentiment To Rise Marginally
German consumer sentiment is set to rise only marginally heading into April despite a revival in expectations regarding the economy after the new elections, a closely watched survey revealed Friday. The forward-looking consumer climate index rose to -24.5 in April from -24.6 in March, survey jointly published by the market research group GfK and the Nuremberg Institute for Market Decisions showed.
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Antipodean Currencies Fall Amid Risk-Off Mood
The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday, as Asian stock markets traded lower amid concerns over upcoming reciprocal tariffs and the 25% tariffs on auto and auto components imports into the U.S. to go in to effect next week. The uncertainty about U.S. President Donald Trump's trade policies continue to weigh on market sentiment.
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more news
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
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Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Friday.
RTTNews
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European Economic News Preview: German Unemployment Data Due
Unemployment from Germany and business confidence from the euro area are the top economic news due on Friday, headlining a hectic day for the European economic news. At 3.00 am ET, the Office for National Statistics releases UK revised GDP, retail sales and foreign trade figures. The initial estimate showed that the economy grew 0.1 percent in the fourth quarter.
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European Shares Poised For Weak Open Ahead Of US Inflation Data
European stocks are seen opening broadly lower on Friday as traders brace for February's personal consumption expenditures price index due later in the day.
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Sensex, Nifty Drift Lower As Investors Await US Inflation Report
Indian shares were subdued on Friday amid concerns over U.S. President Trump's tariff policies and ahead of the release of PCE price index report, the Fed's preferred inflation gauge, later in the day.
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Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Friday, following the negative from Wall Street overnight, amid concerns over upcoming reciprocal tariffs and the 25% tariffs on auto and auto components imports in to the U.S. to go in to effect next week. The uncertainty about US President Donald Trump's trade policies continues to weigh on market sentiment. Asian markets ended mixed on Thursday.
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