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Forex News
European Shares Inch Higher As Tariff Deadline Nears
European stocks traded higher on Wednesday as investors pondered the prospect of Federal Reserve rate cuts and hoped for a positive resolution on trade discussions ahead of completion of 90-day tariff pause on July 9.
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1h 20min ago
Asian Shares Mostly Lower On Renewed Tariff Worries
Asian stocks ended mostly lower on Wednesday as U.S. President Donald Trump hinted at higher tariffs on certain countries after the July 9 deadline and Senate Republicans narrowly advanced his tax and spending bill, which risks $3tn deficit before Trump's term ends.
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1h 39min ago
Lululemon Sues Costco Over Alleged Sale Of Fashion Dupes
Lululemon Athletica Inc. has filed a lawsuit against retail major Costco Wholesale Corp. for allegedly selling knockoff or dupe versions of its popular fashion products, including pants, hoodies and jackets, at significantly cheaper price than its originals.
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3h 17min ago
European Shares Seen Broadly Higher, Trump's Tariffs And Tax Bill In Focus
European stocks may open broadly higher on Wednesday as investors monitor progress on trade negotiations and assess the economic impact of U.S. President Donald Trump's massive tax-cut and spending bill, which may face additional hurdles in the House ahead of a July 4 deadline set by Trump.
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4h 37min ago
Sensex, Nifty Struggle For Direction; IT Stocks Surge
Indian shares struggled for direction on Wednesday after U.S. President Donald Trump said he is not considering delaying his July 9 deadline for higher tariffs to resume.
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5h 38min ago
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market moves on Wednesday, reversing the slight losses in the previous session, with the benchmark S&P/ASX 200 well moving above the 8,550 level, following the mixed cues from Wall Street overnight, with gains in iron ore miners and energy stocks as well as a mixed performance in all other sectors.
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6h 36min ago
Asian Markets Mixed In Cautious Trades
Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders cautiously watch developments on the tariff front as the deadline of July 9 set by the US President Donald Trump nears. US Fed Chair Jerome Powell stated that the looming threat of a global trade war stopped the Fed from slashing interest rates. Asian markets closed mixed on Tuesday.
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6h 48min ago
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Sensex, Nifty Seen Flat To Higher At Open
Indian shares look set to open higher on Wednesday as reports suggest that the India-U.S. trade deal is in its final stages of negotiations.
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7h 40min ago
Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Wednesday, extending the sharp losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling well below the 39,650 level, with weakness in technology and financial stocks as well as mixed performance in most other sectors.
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7h 57min ago
Rally May Stall For Thai Stock Market
The Thai stock market has moved higher in two straight sessions, collecting almost 30 points or 2.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,110-point plateau although it may run out of steam on Wednesday.
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8h 14min ago
Australian Market Notably Higher
Australian shares are trading notably higher on Wednesday, reversing the slight losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,550 level, following the mixed cues from Wall Street overnight, with gains in iron ore miners and energy stocks as well as a mixed performance in all other sectors.
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8h 40min ago
Soft Start Called For Indonesia Stock Market
The Indonesia stock market on Tuesday ended the two-day winning streak in which it had added almost 100 points or 1.3 percent. The Jakarta Composite Index now sits just above the 6,915-point plateau and the losses may accelerate on Wednesday.
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8h 44min ago
Hong Kong Shares May Find Traction On Wednesday
Ahead of Tuesday's holiday for the Special Administrative Region Establishment Day, the Hong Kong stock market had tracked lower in three straight sessions, dropping more than 400 points or 1.7 percent along the way. The Hang Seng Index now sits just above the 24,070-point plateau although it may stop the bleeding on Wednesday.
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8h 59min ago
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