Forex News

Dax Down 2% As Stocks Tumble On Trade War Concerns

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 | 93 days ago
RBA Cautious About Further Easing, Minutes Show

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 | 93 days ago
Antipodean Currencies Slide On Trump Tariff Threat

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 | 93 days ago
Japan Capex Falls Unexpectedly; Jobless Rate Steady At 2.5%

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 | 93 days ago
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European Economic News Preview: Eurozone Unemployment Data Due

European Economic News Preview: Eurozone Unemployment Data Due

Unemployment from the euro area and Spain are the top economic news due on Tuesday, headlining a light day for the European economic news. At 3.00 am ET, Spain's labor agency publishes monthly unemployment data for February. The number of unemployed is expected to rise to 45,200 from 38,700 in the previous month.
RTTNews | 93 days ago
Sensex, Nifty Open Lower On Weak Global Cues

Sensex, Nifty Open Lower On Weak Global Cues

Indian shares opened lower on Tuesday amid persistent FII selling, continuing uncertainty around tariffs and ongoing geopolitical tensions between Russia and Ukraine.
RTTNews | 93 days ago
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, 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 | 94 days ago

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