Dollar Stays Weak Against Major Counterparts

RTTNews | 76 hari yang lalu
Dollar Stays Weak Against Major Counterparts

(RTTNews) - The dollar drifted down on Tuesday, extending losses from previous session, amid concerns about the economic impact of trade war following the imposition of tariffs by U.S. on Canada, Mexico and China, and the retaliatory measures by China and Canada.

Trump announced that his administration will impose tariffs on agricultural products imported into America from April 2nd.

The dollar index dropped to 105.53, losing nearly 1.2%.

Against the Euro, the dollar weakened to 1.0627. The dollar weakened to 1.2795 against Pound Sterling.

The dollar slipped against the Japanese currency, dropping to 149.82 yen a unit. Against the Aussie, the dollar eased to 0.6271.

The Swiss franc gained against the dollar, firming to CHF 0.8895 a unit of the U.S. currency. The Loonie strengthened to 1.4394 against the dollar.

read more
European Shares Likely To Open On Firm Note

European Shares Likely To Open On Firm Note

European stocks may open on a positive note Tuesday as trade tensions continue to ease, and China's central bank cut interest rates to record lows to stimulate the world's second-largest economy challenged by weak consumer demand and a property crisis.
RTTNews | 59 minit yang lalu
R&M Refresher Instant Milk Tea Powder Recalled

R&M Refresher Instant Milk Tea Powder Recalled

Lakewood, Washington-based R&M Trading LLC is recalling R&M Refresher brand Instant Milk Tea powder products of various flavors as they may contain undeclared milk, a known allergen, the U.S. Food and Drug Administration said. The Instant Milk Tea products are recalled because the ingredients statement declares Whey and Caseinate in Non-Dairy Creamer ingredients, but it does not specify milk.
RTTNews | 1j 8min yang lalu
Australian Market Halves Early Gains In Mid-market

Australian Market Halves Early Gains In Mid-market

The Australian stock market is halving its early gains in mid-market trading on Tuesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains in technology and financial stocks partially offset a mixed performance in mining and energy stocks.
RTTNews | 2j 54min yang lalu
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders remain cautiously optimistic on the outlook for markets after the U.S.-China temporary trade truce. They now stay focused on the outcome of US trade negotiations with India and Japan. Some traders also locked in profits following the recent upside in the markets.
RTTNews | 3j 19min yang lalu
Sensex, Nifty Set To Follow Global Peers Higher

Sensex, Nifty Set To Follow Global Peers Higher

Indian shares look set to open higher on Tuesday, tracking firm cues from global markets as China cut its benchmark lending rates for the first time in 7 months to boost its struggling economy amid rising trade tensions.
RTTNews | 3j 50min yang lalu