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Asian Shares Slump On Trade Worries
Asian stocks plummeted on Friday as traders grappled with underwhelming Nvidia Corp. results and U.S. President Donald Trump's new tariff threats.
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79 days ago
UK Nationwide House Price Rise More Than Forecast
UK house prices increased more than expected in February as buyers brought forward their transactions ahead of stamp duty change in April, the mortgage lender Nationwide Building Society said on Friday. House price grew at a pace of 0.4 percent on a monthly basis in February after a 0.1 percent gain in the previous month. Moreover, this was the sixth consecutive monthly increase and was faster t
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79 days ago
European Economic News Preview: Germany Inflation, Unemployment Due
Inflation and unemployment from Germany and revised GDP and flash inflation from France are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's retail sales, unemployment and import prices for January. Retail sales are forecast to grow 0.4 percent on a monthly basis, in contrast to the 1.6 percent fall in December.
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80 days ago
European Shares Eye Gap-down Open
European stocks may open sharply lower on Friday as the U.S. prepares to impose tariffs on Canada, Mexico and China with effect from March 4.
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80 days ago
Sensex, Nifty Fall Over 1% On Trade War Fears; IT Stocks Hit Hard
Indian shares were deep in the red on Friday after U.S. President Donald Trump said his proposed 25 percent tariffs on Mexican and Canadian goods will take effect on March 4 along with an extra 10 percent duty on Chinese imports over the fentanyl opioid crisis, deepening the fear of a global trade war.
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80 days ago
Commodity Currency's Slide Amid Risk Aversion
The Commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Friday amid risk aversion, as investors reacted to U.S. President Donald Trump's confirmation that tariffs on Mexico and Canada would proceed next week, along with an additional 10 percent tariff in China.
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80 days ago
Canadian Dollar Falls Against U.S. Dollar, Yen
The Canadian dollar weakened against the U.S. dollar and the yen in the Asian session on Friday.
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80 days ago
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NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
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80 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Friday.
RTTNews
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80 days ago
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, with markets in China, Hong Kong, South Korea and Indonesia tumbling as traders react to US President Donald Trump's confirmation that tariffs on Mexico and Canada would proceed next week, along with an additional 10 percent tariff on China. Asian markets ended mixed on Thursday.
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80 days ago
Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming early losses in mid-market moves on Friday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to be just above the 8,200 level, with weakness across most sectors led by miners and technology stocks.
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80 days ago
Sensex, Nifty Poised For Weak Start As Tariff Worries Mount
Indian shares may drift lower on Friday after U.S. President Donald Trump said his proposed 25 percent tariffs on Mexican and Canadian goods will take effect on March 4 along with an extra 10 percent duty on Chinese imports over the fentanyl opioid crisis.
RTTNews
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80 days ago
Thai Shares May Again Test Support At 1,200 Points
The Thai stock market headed south again on Thursday, one day after ending the two-day losing streak in which it had tumbled almost 40 points or 3.2 percent. The Stock Exchange of Thailand now sits just above the 1,215-point plateau and it may extend its losses on Friday.
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80 days ago
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