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Forex News
New Zealand Interest Rate Decision Due On Wednesday
The Reserve Bank of New Zealand will on Wednesday conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBNZ is widely expected to keep its Official Cash Rate unchanged at 5.50 percent.
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698 days ago
TSX Ends Sharply Lower As Stocks Fall On Hot Inflation Data, Interest Rate Concerns
The Canadian market ended sharply lower on Tuesday as stocks across the board fell on sustained selling pressure after hot inflation data, and on concerns about interest rate outlook after U.S. retail sales increased more than expected in the month of July.
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698 days ago
U.S. Stocks Close Notably Lower As Rate Hike Concerns, China Growth Worries Weigh
After a gap down opening and a subsequent fall to lower levels, U.S. stocks languished in the red right through the day's session and eventually ended on a weak note on Tuesday.
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698 days ago
U.S. Stocks Down Firmly In Negative Territory, Look Headed For Weak Close
U.S. stocks remain firmly down in negative territory Tuesday afternoon, struggling to find support after a weak start and a subsequent fall to lower levels.
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698 days ago
Swiss Market Sheds 1.1% On Weak Global Cues
The Switzerland stock market ended notably lower on Tuesday, in line with markets across Europe, as rising concerns about the health of the Chinese economy, and interest rate hikes weighed on sentiment.
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698 days ago
European Stocks Close Notably Lower On Growth Worries, Interest Rate Uncertainty
European stocks closed notably lower on Tuesday amid rising concerns over the health of the world's second largest economy, and uncertainty about the outlook for interest rates. Higher bond yields hurt as well.
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699 days ago
Canadian Market Down Sharply On Hot Inflation Data, Weak Commodity Prices
Canadian shares are down firmly in negative territory Tuesday afternoon, weighed down by data showing a bigger than expected increase in consumer price inflation.
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699 days ago
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Canadian Shares Look Headed For Weak Start
Lower Canadian and U.S. futures, weak commodity prices and European markets point to negative start on Bay Street Tuesday morning.
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699 days ago
Russia Central Bank Lifts Rate By 350 Bps
The Bank of Russia raised its benchmark rate sharply by 350 basis points at an emergency meeting on Tuesday to contain the depreciation of the ruble and thereby limit the inflationary pressures. The Board of Directors of the Bank of Russia decided to lift the key rate to 12.00 percent from 8.50 percent.
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699 days ago
Swiss Franc Climbs Amid Risk Aversion
The Swiss franc advanced against its major counterparts in the European session on Tuesday, as European stocks fell amid growth concerns after data showed China's consumption and investment cooled further in July.
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699 days ago
German Economic Sentiment Improves In August: ZEW
Economic confidence in Germany improved in August but the assessment about current situation worsened and remained deeply in negative, survey data from the ZEW-Leibniz Centre for European Economic Research showed Tuesday. The Indicator of Economic Sentiment rose to -12.3 in August from a seven-month low of -14.7 in July. The score was forecast to remain at -14.7.
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699 days ago
UK Wage Growth Signals Another Rate Hike In September
Although the UK unemployment rate rose in the second quarter, wage growth accelerated more than expected, raising the chances of the Bank of England raising interest rates by another quarter-point in September. Data from the Office for National Statistics showed that the jobless rate rose to 4.2 percent in the three months to June, while it was forecast to remain unchanged at 4.0 percent.
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699 days ago
European Shares Edge Lower On Growth, Rate Concerns
European stocks fell on Tuesday amid growth concerns after data showed China's consumption and investment cooled further in July.
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699 days ago
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