Forex News

Gree Recalls 1.56 Mln Dehumidifiers Due To Fire And Burn Risks

Gree Recalls 1.56 Mln Dehumidifiers Due To Fire And Burn Risks

Gree Electric Appliances, Inc. is recalling 1.56 million dehumidifiers after reports of at least 23 fires, the U.S. Consumer Product Safety Commission announced. According to the agency, the dehumidifiers can overheat, smoke, and catch fire, posing fire and burn hazards to consumers. There were reports of at least 23 fires, 688 incidents of overheating, and $168,000 in property damage...
RTTNews | 697 days ago
Antipodean Currencies Fall Amid Risk Aversion

Antipodean Currencies Fall Amid Risk Aversion

Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday amid risk aversion, as investors remained cautious after the U.S. Fed indicated it will continue to hold interest rates higher for longer to contain inflation. The prospects of a possible downgrade of several U.S. lenders by Fitch Ratings and lingering concerns about China's economic slowdown also continued to weigh on sentiment.
RTTNews | 697 days ago
European Economic News Preview: Eurozone Foreign Trade Data Due

European Economic News Preview: Eurozone Foreign Trade Data Due

Foreign trade data from the euro area is the top economic news due on Thursday, headlining a light day for the European economic news. At 12.30 am ET, unemployment data from the Netherlands and consumer confidence from Norway are due.
RTTNews | 697 days ago
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Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Thursday, following the negative cues from Wall Street overnight, as traders remained cautious after the US Fed indicated it will continue to hold interest rates higher for longer. The prospects of a possible downgrade of several U.S. lenders by Fitch Ratings and lingering concerns about China's economic slowdown also weighed on sentiment.
RTTNews | 698 days ago
Sensex, Nifty Likely To See Muted Start On Global Cues

Sensex, Nifty Likely To See Muted Start On Global Cues

Indian shares are seen opening a tad lower on Thursday, tracking weak cues from global markets amid signs of economic stress in China and uncertainty about the outlook for U.S. interest rates.
RTTNews | 698 days ago
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is sharply lower on Thursday, extending the losses in the previous session, with the Nikkei 225 falling below the 31,400 level, following the negative cues from Wall Street overnight, with weakness across sectors, led by index heavyweights and exporters, after data showed exports declined for the first time in 29 months and imports dropped the most in nearly three years.
RTTNews | 698 days ago
Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian stock market is sharply lower on Thursday, extending the steep losses in the previous session, with the benchmark S&P/ASX 200 falling to nearly the 7,100 level, following the broadly negative cues from Wall Street overnight, with weakness across sectors, led by miners and technology stocks.
RTTNews | 698 days ago

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