Forex News

Asian Shares Retreat On China Woes, US Bank Worries

Asian Shares Retreat On China Woes, US Bank Worries

Asian stocks retreated on Wednesday, with uncertainty over the Federal Reserve's future rate hike path, more disappointing Chinese economic data and fresh concerns over the health of the U.S. banking sector keeping investors nervous.
RTTNews | 698 days ago
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Wednesday.
RTTNews | 698 days ago
NZ Dollar Rebounds After RBNZ Rate Decision

NZ Dollar Rebounds After RBNZ Rate Decision

The New Zealand dollar rebounded from recent lows against other major currencies in the Asian session on Wednesday, after the New Zealand central bank left rates unchanged, as economists expected.
RTTNews | 698 days ago
European Shares To See Cautious Open As Risk Aversion Deepens

European Shares To See Cautious Open As Risk Aversion Deepens

European stocks may drift lower at open on Wednesday as worries about the U.S. banking sector deepened and data showed China's new home prices fell for the first time this year in July, complicating policy efforts to revive the economy.
RTTNews | 698 days ago
European Economic News Preview: UK Inflation Data Due

European Economic News Preview: UK Inflation Data Due

Consumer and producer prices from the UK and revised quarterly national accounts from the euro area are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for July.
RTTNews | 698 days ago
NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews | 698 days ago
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Sensex, Nifty Follow Global Peers Lower

Sensex, Nifty Follow Global Peers Lower

Indian shares opened lower on Wednesday, tracking weak cues from global markets as investors fretted about the Chinese economy, higher U.S. interest rates and the health of the U.S. banking sector.
RTTNews | 698 days ago
Asian Markets Track Global Markets Lower

Asian Markets Track Global Markets Lower

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, weighed down by concerns about the health of the US banking sector and broader global economy after a warning from Fitch that it may have to downgrade credit ratings of several banks, including JP Morgan. Higher bond yields hurt as well.
RTTNews | 698 days ago
Thai Stock Market May Extend Tuesday's Losses

Thai Stock Market May Extend Tuesday's Losses

The Thai stock market on Tuesday snapped the three-day winning streak in which it had collected more than 15 points or 1 percent. The Stock Exchange of Thailand now sits just above the 1,520-point plateau and it's likely to open under pressure again on Wednesday.
RTTNews | 698 days ago
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is sharply lower in choppy trading on Wednesday, giving up the gains in the previous session, with the Nikkei 225 falling below the 31,900 level, following the broadly negative cues from global markets overnight, with weakness across most sectors, led by exporters and financial stocks.
RTTNews | 698 days ago
Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian stock market is sharply lower on Wednesday, giving up the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 7,200 level, following the broadly negative cues from global markets overnight, dragged by weakness across most sectors, led by mining, technology and financial stocks.
RTTNews | 698 days ago

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