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Forex News
CAC 40 Rises 2.2% As Stocks Rally On Positive Global Sentiment
French stocks are moving up sharply Wednesday morning on hectic buying across the board amid rising optimism about increased spending on defense and infrastructure in European countries.
Investors are reacting positively to news about German leaders agreeing to create 500 billion euros infrastructure spending.
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75 days ago
Euro Rises Amid German Debt Brake Reform
The euro strengthened against other major currencies in the European session on Wednesday, as traders reacted positively to news about the German government's plans to increase defense and infrastructure spending.
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75 days ago
Sensex, Nifty Rally On Tariff Relief Hopes
Indian shares rallied on Wednesday after reports emerged that U.S. President Donald Trump will "probably" announce a deal to reduce tariffs on Canada and Mexico.
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75 days ago
DAX Jumps 3.4% As Stocks Rally On Defense Funding Plans
German stocks are up sharply Wednesday morning, rebounding strongly from previous session's losses, as traders react to news about the German government's plans to increase defense and infrastructure spending.
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75 days ago
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
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75 days ago
European Shares Rally On Hints Of Tariff Relief
European stocks rallied on Wednesday as German leaders agreed to loosen the country's so-called debt brake and China ramped up stimulus to guard its economy from changes 'unseen in a century.'
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75 days ago
Asian Shares Mixed As China Signals Confidence
Asian stocks ended mixed on Wednesday as the Trump administration indicated flexibility on some of its latest tariff measures against Canada and Mexico, and investors watched the latest developments of China's annual political gathering.
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75 days ago
more news
China Service Sector Growth Improves In February
China's service sector grew at a faster pace in February on a moderate growth in new business, survey results from S&P Global showed on Wednesday. The services Purchasing Managers' Index rose unexpectedly to 51.4 in February from 51.0 in January. The reading was forecast to fall to 50.8. The score has remained above the neutral 50.0 mark for 26 consecutive months.
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75 days ago
Yen Falls Amid Risk-on Mood
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as investors reacted positively to the actions taken by China to counter the effects of deflation and a slew of upbeat GDP and PMI data from the region. Markets are also cautious following the imposition of tariffs by U.S. in Canada, Mexico and China, and the retaliatory measures by China and Canada.
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75 days ago
Australia GDP Growth Tops Expectations
Australia's economy logged a faster-than-expected growth in the fourth quarter underpinned by exports and government spending, data from the Australian Bureau of Statistics revealed on Wednesday. Gross domestic product climbed 0.6 percent sequentially in the December quarter, following a 0.3 percent rise in the September quarter. GDP was expected to grow 0.5 percent in the fourth quarter.
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75 days ago
China Keeps Growth Target At "Around 5%" Despite Tariff Threats
China maintained its growth target for 2025 but the government became more cautious about nominal growth and inflation outlook amid heightened uncertainty surrounding the U.S trade tariff threats. Beijing aims to achieve growth target of "around 5 percent" for 2025, which was unchanged from the 2024 goal, Premier Li Qiang said at the 14th National People's Congress on Wednesday.
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75 days ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
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75 days ago
European Shares Poised For Higher Open
European stocks look set to open on an upbeat note Wednesday, a day after U.S. President Donald Trump's trade war drew swift retaliation with new tariffs from Mexico, Canada and China.
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75 days ago
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