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Forex News
FTSE 100 Subdued As Miners Drag On China Concerns
U.K. stocks edged lower on Monday, with mining stocks retreating after top consumer China set a modest annual growth target for 2023.
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809 days ago
CAC 40 Edges Higher Led By Banks
French stocks rose on Monday as investors priced in U.S. rates to peak around 5.4 percent by September.
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809 days ago
DAX Inches Higher In Lackluster Trade
German stocks opened on a positive note Monday as bond yields pulled back ahead of key events this week, including Fed Chair Jerome Powell's congressional testimony Tuesday and Wednesday, and the release of all-important U.S. jobs report on Friday.
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809 days ago
Asian Shares Mostly Higher As Bond Yields Ease
Asian stocks rose broadly on Monday despite China announcing its lowest growth target in decades.
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809 days ago
China Sets Modest Growth Target Amid Challenging External Environment
China set a moderate growth target for this year which would require no strong stimulus to achieve given the rebound the economy gained from the relaxation of he Covid pandemic restrictions. Outgoing Premier Li Keqiang announced a growth target of around 5.0 percent in 2023 at the annual legislative session on Sunday as officials turn their focus on other areas like technology and infrastructure
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809 days ago
Swiss Franc Extends Rise After Swiss CPI Data
The Federal Statistical Office of Switzerland released its CPI data for February at 2:30 am ET in the late Asian session.
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809 days ago
Swiss Franc Rises Ahead Of Swiss CPI Data
At 2:30 am ET in the late Asian session, the Federal Statistical Office of Switzerland is slated to release its CPI data for February. Economists expects the inflation rate to ease 3.1 percent from 3.3 percent in January.
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809 days ago
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Swiss Franc Steady Ahead Of Swiss CPI Data
At 2:30 am ET in the late Asian session, the Federal Statistical Office of Switzerland is slated to release its CPI data for February. Economists expects the inflation rate to ease 3.1 percent from 3.3 percent in January.
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809 days ago
Yen Strengthens As Traders Remain Cautious
The Japanese yen strengthened against the other major currencies in the Asian session on Monday, as traders remain cautious ahead of the Bank of Japan's monetary policy meeting, and Federal Reserve Chairman Jerome Powell's half-yearly testimony due later in the week.
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809 days ago
European Economic News Preview: Eurozone Retail Sales Data Due
Retail sales and Sentix investor confidence from the euro area are the top economic news due on Monday. At 2.30 am ET, the Federal Statistical Office releases Swiss consumer prices for February. Economists forecast inflation to slow to 3.1 percent from 3.3 percent in January.
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809 days ago
European Shares Seen Opening Broadly Higher In Cautious Trade
European stocks look set to open broadly higher on Monday amid bets that U.S. interest rates could peak in the coming months.
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809 days ago
Sensex, Nifty Follow Global Peers Higher; IT And Adani Group Stocks Lead Surge
Indian shares opened higher on Monday, mirroring positive global cues as the U.S. 10-year Treasury yield pulled back after jumping to a three-month closing high above 4.0 percent.
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809 days ago
Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from global markets on Friday, amid easing concerns about the outlook for interest rates following recent comments from Federal Reserve officials and the latest economic data. The markets also reflected optimism about the outlook for the global economy following upbeat data from China and Europe.
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809 days ago
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