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Forex News
Losing Streak May Continue For Japan Stock Market
The Japanese stock market has finished lower in two straight sessions, sinking almost 600 points or 1.7 percent along the way. The Nikkei 225 now rests just beneath the 38,680-point plateau and it may take further damage again on Friday.
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110 days ago
TSX Ends Weak On Tariff Fears
Canadian stocks closed weak on Thursday, weighed down by fears of fresh levies by the Trump administration on more goods sometime soon.
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110 days ago
Soft Start Anticipated For South Korea Stock Market
The South Korea stock market on Thursday snapped the seven-day winning streak in which it had rallied almost 150 points or 5.7 percent. The KOSPI now sits just above the 2,650-point plateau and it's expected to open under pressure again on Friday.
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110 days ago
Dollar Loses Ground On Weak Economic Data
The U.S. dollar shed ground against its major counterparts on Thursday after data from the Labor Department showed a bigger than expected increase in U.S. jobless claims last week, a Conference Board report showed an unexpected drop in the reading ot its leading economic index.
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110 days ago
Japan Inflation Data Due On Friday
Japan will on Friday release January figures for national consumer prices, highlighting a modest day for Asia-Pacific economic activity. In December, overall inflation was up 0.6 percent on month and 3.6 percent on year, while core CPI rose an annual 3.0 percent.
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110 days ago
Canadian Market Remains In Negative Territory, Looks Headed For Another Weak Close
The Canadian market remains firmly down in negative territory, led by losses in technology, industrials and real estate sectors. Gains in healthcare and materials sectors help limit market's downside.
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110 days ago
U.S. Dollar Declines After Higher Jobless Claims
The U.S. dollar weakened against its major counterparts in the New York session on Thursday, following the release of higher-than-expected initial jobless claims for the week ended February 15.
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110 days ago
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Swiss Market Ends Slightly Higher
The Switzerland market closed slightly up on Thursday after a choppy session, as investors largely stayed cautious amid concerns about U.S. President Donald Trump's tariff threats, and geopolitical tensions.
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110 days ago
European Stocks Close Weak As Investors React To Earnings, Economic Data
European stocks closed weak on Thursday with quarterly earnings updates influencing investors' moves. Worries about a trade war following U.S. President Donald Trump's persistent threats that his administration will levy 25% tariffs on several goods imported into America, and lingering geopolitical tensions rendered the mood cautious.
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110 days ago
U.S. Leading Economic Index Unexpectedly Decreases In January
Reversing most of the gains from the previous two months, the Conference Board released a report on Thursday showing an unexpected decrease by its reading on leading U.S. economic indicators in the month of January. The Conference Board said its leading economic index fell by 0.3 percent in January following a revised 0.1 percent uptick in December.
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110 days ago
Euro Area Consumer Confidence Improves More Than Expected To Highest In 4 Months
Eurozone consumer confidence strengthened for a second straight month and at a faster than expected pace to its highest level in four months in February, suggesting that pessimism among households in the single currency bloc is easing despite the increasing threat of a tariff war with the U.S.
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110 days ago
Philly Fed Index Pulls Back Sharply But Still Indicates Growth In February
Philadelphia-area manufacturing activity continued to expand in the month of February, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday, although the index of activity in the sector pulled back sharply. The Philly Fed said its diffusion index for current general activity plunged to 18.1 in February after skyrocketing to 44.3 in January.
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111 days ago
U.S. Jobless Claims Rise More Than Expected To 219,000
A report released by the Labor Department showed a modest increase by first-time claims for U.S. unemployment benefits in the week ended February 15th. The Labor Department said initial jobless claims rose to 219,000, an increase of 5,000 from the previous week's revised level of 214,000. Economists had expected jobless claims to inch up to 215,000.
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111 days ago
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