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Forex News
U.S. Manufacturing Index Inches Higher But Still Indicates Contraction In June
The Institute for Supply Management released a report on Tuesday showing a modest increase by its reading on U.S. manufacturing activity in the month of June.
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6 days ago
European Benchmarks Tread Into Red Zone
European stock markets plunged into negative territory as markets evaluated the negotiations with the U.S. ahead of July 9 deadline for reciprocal tariffs.
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6 days ago
Eurozone Inflation Hits ECB Target
Euro area inflation rose slightly to hit the European Central Bank's 2 percent target in June on slower fall in energy prices and the rise in services inflation, flash estimate from Eurostat showed on Tuesday. Annual inflation climbed to 2.0 percent in June from 1.9 percent in May. The rate reached the inflation target and also matched economists' expectations.
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7 days ago
FTSE 100 Modestly Lower In Cautious Trade As Investors Await U.S. Tariff Moves
The U.K. stock market is modestly lower Tuesday afternoon as investors await Trump administration's moves on trade pacts with major countries in Europe and elsewhere ahead of the July 9 deadline for reciprocal tariffs.
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7 days ago
Eurozone Manufacturing Sector Contraction Slows In June
Eurozone manufacturing activity contracted at a slower pace in June as output showed a sustained expansion and total new work stabilized ending a 37-month period of decline, final survey data from S&P Global showed on Tuesday. The HCOB manufacturing Purchasing Managers' Index posted 49.5 in June, up from 49.4 in May. This was the highest score since August 2022.
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7 days ago
CAC 40 Drifts Lower As Investors Digest Economic Data, Await Tariff Moves
French stocks are exhibiting weakness on Tuesday amid uncertainty about trade negotiations between the U.S. and major nations in Europe and elsewhere ahead of the July 9 deadline for reciprocal tariffs. Investors are also digesting the region economic data, including reports on eurozone inflation and French manufacturing PMI reading.
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7 days ago
Yen Rises As Japan Tankan Data Adds To BOJ Rate-Hike Prospects
The Japanese yen strengthened against other major currencies in the European session on Tuesday, following the Bank of Japan's Tankan survey indicating that business sentiment among major Japanese firms has improved slightly, which increased the likelihood of additional rate hikes by the Japanese central bank.
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7 days ago
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Tuesday.
The yen rose to a 6-day high of 168.46 against the euro and an 8-day high of 196.80 against the pound, from early lows of 169.66 and 197.76, respectively.
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7 days ago
Sensex, Nifty Close Higher After Choppy Session
Indian shares ended on a positive note on Tuesday after a choppy ride as investors tracked the developments on the trade front ahead of a July 9 deadline for Trump administration's reciprocal tariffs.
According to reports, India is on track to finalise an interim trade agreement with the US as soon as this week.
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7 days ago
Mixed Sentiment In Asian Markets
Sentiment in Asian markets remains mixed amidst uncertainty about U.S. tariffs that kept investor sentiment fragile.
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7 days ago
DAX Down Nearly 0.5% As Investors Eye Trade Talks
German stocks are down in negative territory on Tuesday with investors digesting the latest batch of regional economic data, and closely following news about negotiations with the U.S. ahead of a July 9 deadline for reciprocal tariffs.
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7 days ago
China Manufacturing Activity Returns To Growth
China's manufacturing sector returned to growth in June on higher new orders and a renewed rise in production, survey data from S&P Global showed on Tuesday. The Caixin manufacturing Purchasing Managers' Index rose to 50.4 in June from 48.3 in May. A reading above 50.0 indicates expansion. The survey showed that the growth was driven by a renewed expansion in manufacturing output.
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7 days ago
U.S. Dollar Extends Fall As Trump's Tax Bill And Tariffs Weigh
The U.S. dollar continued to trade lower against other major currencies in the Asian session on Tuesday, as markets anticipated a vote on U.S. President Donald Trump's historic tax and spending bill.
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7 days ago
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