Forex News
European Shares Climb As Inflation Worries Ebb
European stocks advanced on Friday as near-term worries around inflation eased somewhat amid growing concerns about a recession.
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681 days ago
FTSE 100 Climbs Despite Weak Data
U.K. stocks rose sharply on Friday, with defensive shares surging amid mounting fears around hawkish central banks and rising risks of a recession.
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681 days ago
CAC 40 Rallies As Inflation Worries Ease
French stocks rallied on Friday as investors pared back their inflation expectations.
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681 days ago
DAX Rises As Investors Pare Back Inflation Expectations
German stocks rose on Friday, as near-term worries around inflation eased somewhat amid growing concerns about a recession.
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681 days ago
Asian Shares Gain As Commodities Decline On Growth Worries
Asian stocks found some support on Friday as a continuous decline in commodities from crude oil, to metals to cotton, helped ease fears around runaway inflation.
The U.S. dollar slipped from recent highs, bond yields mostly fell and gold held steady while oil extended recent losses on concerns over a slowdown in fuel demand.
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681 days ago
Euro Little Changed After German Ifo Business Sentiment Index
At 4.00 am ET Friday, Germany ifo business confidence survey results have been released. After the data, the euro changed little against its major counterparts.
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681 days ago
Euro Retreats Ahead Of German Ifo Business Sentiment Index
At 4.00 am ET Friday, Germany ifo business confidence survey results are due. The sentiment index is expected to fall slightly to 92.9 in June from 93.0 in May.
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681 days ago
more news
UK Retail Sales Fall As Britons Reduce Spending On Food
UK retail sales declined in May as high cost of living pulled consumer sentiment to a record low and weighed on households' spending in food stores, data showed on Friday. Retail sales volume dropped 0.5 percent month-on-month in May, reversing a revised 0.4 percent increase in April, the Office for National Statistics said. Economists had forecast sales to drop 0.7 percent.
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681 days ago
European Shares Seen Up As Commodities Face Heat
European stocks are likely to open higher on Friday as investors finally see some relief in surging commodity prices.
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681 days ago
European Economics Preview: UK Retail Sales Data Due
Retail sales from the UK and business confidence from Germany are the major economic reports due on Friday. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for May. Sales are forecast to fall 0.7 percent on month, in contrast to the 1.4 percent rise in April.
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681 days ago
Sensex Up 560 Points; Nifty Climbs Above 15,700
Indian shares opened on a strong note Friday on the back of positive global cues.
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682 days ago
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues overnight from Wall Street, as traders indulged in bargain hunting in the oversold bourses, particularly among the technology shares, even as the possibility of a global recession remains. Traders also digest comments from US Fed Chair Jerome Powell on the second day of his testimony.
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682 days ago
Sensex, Nifty Seen Higher On Firm Global Cues
Positive global cues and optimism about India's growth story may help Indian shares open higher on Friday.
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682 days ago
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