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Forex News
U.S. Dollar Falls As U.S. Recession Fears, Fed Rate Cut Bets
The U.S. dollar weakened against other major currencies in the early European session on Wednesday, amid declining confidence in the U.S. economy and rising speculations that the Federal Reserve (Fed) will shortly start a new cycle of rate cuts.
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54 days ago
ASML Shares Hit On Weak Profit, Bookings In Q1, Tariff Uncertainty
Shares of ASML Holding N.V. were losing around 5 percent in the early morning trading in Amsterdam as well as around 4 percent in pre-market activity on the Nasdaq Stock Exchange, after the Dutch semiconductor equipment maker reported Wednesday lower profit and revenues in its first quarter, along with weak net bookings, despite margin growth. Further, the company projects increased uncertainty...
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54 days ago
UK Inflation Slows To 2.6%
UK consumer price inflation weakened more than expected to a three-month low in March ahead of an increase in energy bills in April, the Office for National Statistics said on Wednesday. Consumer prices registered an annual growth of 2.6 percent, slower than the 2.8 percent increase in February. Prices were forecast to climb 2.7 percent.
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54 days ago
European Shares Decline On Tariff Worries
European stocks traded lower on Wednesday as ASML warned of increasing uncertainty around its outlook for 2025 and 2026 and Nvidia said it would incur $5.5 billion in charges due to new U.S. export controls.
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54 days ago
Asian Shares Fall As Trade Tensions Weigh
Asian stocks ended mostly lower on Wednesday despite China's GDP growth and other key economic data coming in above estimates.
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54 days ago
China Economic Growth Beats Expectations
China's economy logged stronger-than-expected growth in the first quarter as fiscal support helped to boost domestic demand but escalating trade tariff threats damps the outlook. Gross domestic product grew 5.4 percent year-on-year, data published by the National Bureau of Statistics revealed on Wednesday. This was better than economists' forecast of 5.1 percent.
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54 days ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the early European session on Wednesday.
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54 days ago
more news
European Shares Seen Lower As Trade Concerns Persist
European stocks are likely to open lower on Wednesday after chip major Nvidia said it would take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China.
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54 days ago
European Economic News Preview: UK Inflation Data Due
Consumer price inflation from the UK is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK inflation data for March. Inflation is expected to ease to 2.7 percent in March from 2.8 percent in February.
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54 days ago
Sensex, Nifty Little Changed In Early Trade
Indian shares were little changed on Wednesday, tracking weak cues from other Asian markets and declines in U.S. stock futures.
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54 days ago
Australian Market Reverses Early Losses In Mid-market
The Australian market is reversing its early losses to trade modestly higher in mid-market moves on Wednesday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 7,800 level, despite the negative cues from Wall Street overnight, with gains in gold miners, financial and technology stocks partially offset by weakness in iron ore miners energy stocks.
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54 days ago
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, as traders remain cautious amid the continuing uncertainty prevailing over the size and the scope of the new reciprocal tariffs on imports in to the US. The lingering concerns over the effects of U.S.-China trade war continues to weigh on market sentiment.
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54 days ago
Sensex, Nifty Set To Drift Lower On Weak Asian Cues
Indian shares may open slightly lower on Wednesday as investors weigh tariff worries against hopes for more policy easing by RBI in future.
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54 days ago
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