Forex News

Sensex, Nifty Climb On US Growth Optimism

Sensex, Nifty Climb On US Growth Optimism

Indian shares opened on a strong note Friday, as encouraging U.S. economic data and positive results from the Federal Reserve's annul stress tests of banks outweighed concerns over further policy tightening by major central banks.
RTTNews | 739 days ago
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are mostly higher on Friday, following the mixed cues from global markets overnight, as traders react to the results of the US Fed's annual bank stress test that showed large banks are well positioned to weather a severe recession and continue to lend to households and businesses even during a severe recession. Asian markets ended mixed on Thursday.
RTTNews | 739 days ago
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese stock market is notably lower on Friday, giving up some of the gains in the previous two sessions, with the benchmark Nikkei 225 falling below the 33,100 level, following the mixed cues from global markets overnight, with weakness across most sectors, led by financial and technology stocks.
RTTNews | 739 days ago
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is notably lower on Friday, extending the losses in the previous session, with the benchmark S&P/ASX 200 staying below the 7,200 level, following the mixed cues from global markets overnight, with weakness across most sectors, led by technology stocks. Traders also remain cautious amid the heightened economic uncertainties in China, Australia's largest trading partner.
RTTNews | 739 days ago
TSX Ends Higher Again

TSX Ends Higher Again

The Canadian market ended higher on Thursday, gaining for the fourth consecutive session, led by gains in healthcare, energy and consumer discretionary sectors.
RTTNews | 740 days ago
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Dollar Stays Firm Against Major Rivals On Strong Data

Dollar Stays Firm Against Major Rivals On Strong Data

The U.S. dollar climbed higher on Thursday, extending gains from the previous session, as strong economic data and comments from Federal Reserve Chair Jerome Powell raised rate hike prospects.
RTTNews | 740 days ago
Swiss Market Ends Slightly Lower After Choppy Session

Swiss Market Ends Slightly Lower After Choppy Session

The Switzerland market ended marginally down on Thursday after a choppy session, as investors largely stayed reluctant to make significant moves amid concerns about rising interest rates and economic growth.
RTTNews | 740 days ago
U.S. Dollar Climbs As Strong Economic Data Raises Rate Hike Bets

U.S. Dollar Climbs As Strong Economic Data Raises Rate Hike Bets

The U.S. dollar drifted higher against its major counterparts in the New York session on Thursday, as the economy expanded much more than previously estimated in the first quarter and weekly jobless claims decreased unexpectedly last week, strengthening expectations for two more rate hikes from the Federal Reserve.
RTTNews | 740 days ago
Sweden's Riksbank Signals More Hikes After Raising Rates On Weaker Krona

Sweden's Riksbank Signals More Hikes After Raising Rates On Weaker Krona

Sweden's central bank raised the key interest rate by 25 basis points on Thursday, as signaled in the previous policy session, and guided that rates are likely to be raised at least one more time this year as inflation remains too high and, rising services prices and a weaker krona suggest price pressures are falling at a slower than expected pace.
RTTNews | 740 days ago

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