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Forex News
Swiss Market Tumbles Nearly 2.5% On Widespread Selling
The Switzerland market ended sharply lower on Tuesday, in line with markets across the region, as rising worries about global growth and fears of a U.S. recession, due to the ongoing U.S.-Canada trade war, hurt sentiment.
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70 days ago
Canadian Dollar Extends Decline As Trade War Intensifies
The Canadian dollar extended decline against its major counterparts in the New York session on Tuesday, after U.S. President Donald Trump announced additional tariffs on steel and aluminum imports from Canada.
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70 days ago
European Stocks Close Notably Lower On Growth Worries
European stocks closed weak on Tuesday with many markets dropping to multi-week lows, as concerns about economic growth in the U.S. and other major markets due to the trade dispute following the Trump Administration's decision to impose fresh tariffs on goods imported into American from several countries.
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70 days ago
Henkel FY24 Profit Climbs, Outlook Positive; But Stock Drops On View Of Slower Start
German chemical and consumer goods major Henkel AG & Co. KGaA reported Tuesday higher profit in fiscal 2024 amid slight growth in sales. The company also issued positive outlook for fiscal 2025, and announced a double-digit percentage increase in the dividend, and up to 1 billion euros share buyback. Meanwhile, shares of Henkel were down around 10 percent in the German trading after the firm...
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70 days ago
U.S. Job Openings Increase More Than Expected To 7.74 Million In January
A report released by the Labor Department on Tuesday showed job openings in the U.S. increased by more than expected in the month of January.
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70 days ago
Bay Street Likely To Open On Positive Note
Higher crude oil and bullion prices and firm U.S. futures point to a positive start for the Canadian market on Tuesday. Investors look ahead to Bank of Canada's interest rate decision, and U.S. consumer price inflation data this week.
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70 days ago
FTSE 100 Down Marginally; Melrose Industries Up Sharply On Results
U.K. stocks are marginally down in negative territory Tuesday morning on concerns about the outlook for global growth amid continued uncertainty about the U.S. Government's trade policy and tariff moves.
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70 days ago
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Pound Rises Against Most Majors
The British pound strengthened against most major currencies in the European session on Tuesday.
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70 days ago
CAC 40 Up Marginally In Cautious Trade
French stocks are up in positive territory Tuesday morning, led by gains in industrials and luxury sectors. Uncertainty about Trump Administration's trade policy weigh on sentiment and limit market's upside.
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70 days ago
Sensex, Nifty Recover From Early Slide
Indian shares recouped early losses to finish little changed on Tuesday as investors boosted their bets on Federal Reserve interest-rate cuts.
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70 days ago
Euro Rises As EU Looks For Joint Defense Funding
The euro strengthened against other major currencies in the European session on Tuesday, as the European Union (EU) looks into methods to increase defense spending through joint borrowing, EU funding, and an increased role for the European Investment Bank (EIB), with a view to take important decisions by June.
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70 days ago
DAX Moderately Higher; Henkel Tanks 9% After Results, Guidance
German stocks up firmly in positive territory Tuesday morning, recovering well from previous session's losses, as investors shrug off concerns about trade war for now, and focus on earnings and look ahead to key U.S. inflation data due on Wednesday.
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70 days ago
Oracle Shares Down On Q3 Earnings Miss, Mixed Q4 View; Sees Long-term Growth
Shares of Oracle Corp. declined around 3 percent in the extended trading on Monday on the NYSE after a 4 percent drop in the regular trading, and is currently down around 2 percent in pre-market activity, after the tech major's third-quarter earnings missed the market estimates despite an year-over-year growth on continued demand for AI.
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70 days ago
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