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Forex News
CAC-40 Rebounds As Energy Stocks Surge
The CAC-40 gained on Monday amidst sentiment generated by a surge in crude oil prices that lifted energy stocks.
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692 days ago
DAX Attempts A Rebound Amidst Cooling Producer Prices
The DAX benchmark of the Frankfurt bourse attempted a rebound on Monday, from sharp losses in the previous two sessions amidst lower-than-expected producer prices.
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692 days ago
Asian Stocks End Mixed As China's Policy Support Disappoints
Asian markets finished trading on a mixed note, amidst disappointment over weak policy response from Beijing to the deepening property crisis. Anxiety surrounding the central bankers meeting at Jackson Hole also dampened sentiment.
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692 days ago
Thai GDP Growth Decelerates In Q2
Thailand's economic growth weakened unexpectedly on subdued investment and foreign demand, official data showed on Monday. Gross domestic product grew 1.8 percent annually after rising 2.6 percent in the first quarter, the National Economic and Social Development Council, or NESDC, reported. The pace of growth was forecast to improve to 3.1 percent.
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692 days ago
China Cuts 1-Year Loan Prime Rate, Holds 5-Year LPR Unexpectedly
China's central bank reduced the one-year loan prime rate by a smaller-than-expected margin and retained the five-year rate despite financial troubles among property developers. The People's Bank of China lowered its one-year loan prime rate, or LPR, by 10 basis points to 3.45 percent.
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692 days ago
Nissan Recalls 236K Sentra Sedans For Steering Issue
Japanese auto major Nissan Motor Co., Ltd. has issued a recall of more than 236,000 cars citing possible steering control problem, according to the National Highway Traffic Safety Administration or NHTSA. The recall involves Sentra compact cars from the 2020 through 2022 model years.
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692 days ago
European Markets Seen Opening Weak
Markets in Europe are expected to open on a weak note on Monday as world markets fret about the monetary policy outlook. Credit risk concerns from China and the less-than-expected policy support from Beijing are also expected to weigh on markets.
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692 days ago
more news
NZ Dollar Falls After PBOC Slashed Its 1-year Benchmark Lending Rate
The New Zealand dollar weakened against other major currencies in the Asian session on Monday, after the People's Bank of China slashed its one-year loan prime rate by 10 basis points to a record low.
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692 days ago
European Economic News Preview: Germany Producer Price Data Due
Producer prices data from Germany is the only major economic news due on Monday, headlining a light day for the European economic news.
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692 days ago
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Monday.
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692 days ago
Asian Markets Mixed In Cautious Trades
Asian stock markets is trading mixed on Monday, following the mixed cues from Wall Street on Friday, as traders remain cautious and restrained from making any significant moves after upbeat US data raised fears the US Fed will hold interest rates higher for longer to control inflation. Traders also picked up stocks at a bargain after the recent slump in the markets.
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692 days ago
Japanese Market Notably Lower
The Japanese stock market is notably lower on Monday, recouping the losses in the previous three sessions, with the Nikkei 225 moving above the 31,600 level, following the mixed cues from Wall Street on Friday, as traders picked up stocks at a bargain after the recent weakness in the market.
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692 days ago
Thai Shares May Tick Higher On Monday
The Thai stock market headed south again on Friday, one session after snapping the two-day slide in which it had fallen more than 15 points or 1 percent. The Stock Exchange of Thailand now sits just beneath the 1,520-point plateau and it's likely to remain in that neighborhood again on Monday.
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692 days ago
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