Forex News

Eurozone Jobless Rate Steady At Record Low

Euro area unemployment rate remained unchanged at a record low in January despite weaker economic activity, official data showed Tuesday. The jobless rate stood at 6.2 percent in January, unchanged from December, Eurostat reported. This was down from 6.5 percent in the same period last year. The expected rate was 6.3 percent.

RTTNews | 76 days ago

FTSE 100 Modestly Lower In Cautious Trade

The UK market is off early lows in late morning trade on Tuesday with investors largely making stock specific moves, reacting to quarterly earnings updates. Worries about trade war following new U.S. tariffs against China, Canada and Mexico taking effect today.

RTTNews | 76 days ago

U.S. Dollar Falls On Weak U.S. Economic Data

The U.S. dollar weakened against other major currencies in the European session on Tuesday, as traders' confidence was tempered by weak U.S. economic data.

RTTNews | 76 days ago

CAC 40 Drifts Lower On Trade War Concerns; Thales Rises Sharply On Results

French stocks are down firmly in negative territory Tuesday morning, with new U.S. tariffs on Canada, Mexico and China, and U.S. President Donald Trump's threat that he will impose reciprocal tariffs from early April, hurting sentiment.

RTTNews | 76 days ago

Sensex, Nifty End With Modest Losses; IT And Auto Stocks Drag

Indian shares ended slightly lower on Tuesday amid concerns that U.S. President Donald Trump's "tariffs on steroids" agenda may keep inflation higher and could tip the global economy into recession.

RTTNews | 76 days ago

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the European session on Tuesday.

RTTNews | 76 days ago

Dax Down 2% As Stocks Tumble On Trade War Concerns

A day after hitting record highs, German stocks are deep down in negative territory Tuesday morning amid rising worries about a global trade war and its impact on growth, as new U.S. tariffs on Mexico, Canada and China become effective today.

RTTNews | 76 days ago

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European Shares Slide As Trade War Begins

European stocks declined on Tuesday, after having hit a record high in the previous session led by defense-related stocks.

RTTNews | 76 days ago

Asian Shares Fall As New US Tariffs Take Effect

Asian stocks ended mostly lower on Tuesday as fresh U.S. tariffs came into effect.

RTTNews | 76 days ago

RBA Cautious About Further Easing, Minutes Show

The Reserve Bank of Australia is cautious about lowering the benchmark interest rate further and the decision to cut the rate in February does not mean that the bank is committed to cut again at coming meetings. At the February meeting, the bank had reduced the interest rate for the first time since 2020. The rate was lowered by 25 basis points to 4.10 percent.

RTTNews | 76 days ago

Antipodean Currencies Slide On Trump Tariff Threat

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Tuesday, amid concerns about the economic impact after U.S. President Donald Trump confirmed the 25% tariffs on Canada and Mexico as well as the additional 10 percent tariff on China will take effect Tuesday. The reciprocal tariffs on other U.S. trade partners will be imposed on April 2.

RTTNews | 76 days ago

Japan Capex Falls Unexpectedly; Jobless Rate Steady At 2.5%

Capital investment of Japanese companies declined unexpectedly in the fourth quarter and the jobless rate remained in January, official data revealed Tuesday. Investment in plant and machinery dropped 0.2 percent, in contrast to the sharp 8.1 percent increase in the third quarter, the Ministry of Finance reported. Investment declined for the first time in nearly four years.

RTTNews | 76 days ago