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Forex News
Malaysia Stock Market May Extend Tuesday's Losses
The Malaysia stock market on Tuesday snapped the three-day losing streak in which it had slumped more than 15 points or 1 percent. The Kuala Lumpur Composite Index now rests just shy of the 1,475-point plateau and the losses may accelerate on Wednesday.
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817 days ago
South Korea Stock Market Tipped To Open Under Pressure
The South Korea stock market has ticked higher in back-to-back sessions, gathering just 7 points or 0.3 percent in that span. The KOSPI now rests just shy of the 2,460-point plateau, although the rally is expected to tall on Wednesday.
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817 days ago
New Zealand Rate Decision On Tap For Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to hike its Official Cash Rate by 50 basis points, from 4.25 percent to 4.75 percent.
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817 days ago
U.S. Dollar Showing Modest Move To The Upside
Following the lackluster performance seen during the Presidents Day holiday on Monday, the value of the U.S. dollar has moved modestly higher during trading on Tuesday.
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817 days ago
Swiss Stock Market Extends Winning Streak
The Swiss stock market ticked higher on Tuesday, closing in the green for the third straight session and advancing more than 85 points or 0.8 percent in that span. That defied the rest of the European markets, which finished mostly in the red.
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817 days ago
European Markets Finish Lower On Tuesday
The major European stock markets opened lower on Tuesday and spent all day in the red, finishing with modest losses.
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817 days ago
Canadian Dollar Retreats As Annual Inflation Slows
The Canadian dollar eased against its major counterparts in the New York session on Tuesday, as the nation's annual inflation slowed more than expected in January.
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817 days ago
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U.S. Existing Home Sales Unexpectedly Decline For Twelfth Straight Month In January
Existing home sales in the U.S. unexpectedly decreased for the twelfth consecutive month in January, according to a report released by the National Association of Realtors on Tuesday. NAR said existing home sales slid 0.7 percent to an annual rate of 4.00 million in January after tumbling by 2.2 percent to a revised rate of 4.12 million in December.
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817 days ago
Currency Markets Remain Tethered To Monetary Policy Cues
Data showing stubborn inflation in the U.S and the hawkish central bank commentary it triggered, dictated U.S. dollar's movements through most of the week ended February 17.
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817 days ago
German Economic Sentiment Improves For Fifth Month: ZEW
Germany's economic confidence rose for the fifth month in a row and at a faster than expected pace in February, results of the ZEW survey showed Tuesday, adding strength to the view that the biggest euro area economy may indeed avoid a recession. The ZEW Indicator of Economic Sentiment climbed to 28.1 points from 16.9 in January, the Mannheim-based think tank said.
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817 days ago
Aileron Terminates Phase 1b Breast Cancer Chemoprotection Trial Of ALRN-6924
Aileron Therapeutics (ALRN) announced Tuesday that a review of initial data from its Phase 1b chemoprotection trial of ALRN-6924 in patients with p53-mutated breast cancer showed that patients in the trial experienced severe neutropenia (Grade 4) and alopecia.
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817 days ago
Canadian Dollar Retreats After Economic Data
Canada retail sales for December and CPI for January have been released at 8:30 am ET Tuesday. After these data, the loonie retreated against its major counterparts.
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817 days ago
Teck Resources Q4 Profit Plunges; Backs FY23 Production Outlook
Teck Resources Ltd. (TECK, TECK_A.TO, TECK_B.TO) reported Tuesday that fourth-quarter profit attributable to shareholders plunged to C$247 million or C$0.47 per share from C$1.53 billion or C$2.83 per share last year.
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817 days ago
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