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Forex News
DAX Slips On Growth Concerns
German stocks traded lower on Friday after data showed the country's business activity slowed notably this month due to a combination of a slower rise in service sector business activity and a deepening downturn in manufacturing output.
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745 days ago
Asian Shares Decline On Rate Hike, Growth Fears
Asian stocks drifted lower on Friday as a spate of rate hikes from policymakers in England, Norway and Switzerland pushed up global bond yields and revived fears of an imminent recession.
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745 days ago
UK Retail Sales Log Unexpected Growth In May
UK retail sales logged an unexpected growth in May as bank holidays and warm weather boosted demand for outdoor-related goods and summer clothing. Despite high inflation, British consumer confidence rose for the fifth consecutive month in June to hit a 17-month high, a closely watched survey revealed Friday.
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745 days ago
Antipodean Currencies Fall Amid Risk Aversion
Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major rivals in the Asian session on Friday amid risk aversion, as investors react to interest rate hikes by the Bank of England, the Norges Bank and the Swiss National Bank as well as inflation concerns that triggered growth worries.
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745 days ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Friday.
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745 days ago
NZ Dollar Drops Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Friday.
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745 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Friday.
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745 days ago
more news
European Economic News Preview: UK Retail Sales Data Due
Retail sales from the UK and flash Purchasing Managers' survey results from the UK as well as major euro area economies are due on Friday. At 2.00 am ET, the Office for National Statistics publishes UK retail sales data. Sales are forecast to fall 0.2 percent on month in May, in contrast to the 0.5 percent increase in April.
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745 days ago
European Shares Set To Extend Losses As Risk Aversion Intensifies
European stocks are seen opening on a sluggish note Friday as market sentiment turned risk-averse amid worries over further interest-rate rises.
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745 days ago
Sensex, Nifty Drift Lower As Yields Climb; Adani Group Stocks Worst Hit
Indian shares were moving lower on Friday after rate hikes from policymakers in England, Norway and Switzerland pushed global bond yields higher.
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745 days ago
Asian Markets Mostly Lower Amid Rate Hikes
Asian stock markets are mostly lower on Friday, following the broadly negative cues from global markets overnight, as traders react to interest rate hikes by the Bank of England, the Norges Bank and the Swiss National Bank as well as inflation concerns that triggered growth worries. US Fed Chair Jerome Powell also reiterated plans to continue raising rates during his second day of testimony.
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745 days ago
Sensex, Nifty Seen Flat To Higher At Open As Oil Prices Tumble
Indian shares are seen open marginally higher on Friday as Fed Chair Jerome Powell wrapped up his congressional testimony and crude oil prices saw a sharp pullback overnight on fuel demand concerns.
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745 days ago
Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Friday after opening in the green, extending the losses in the previous session, with the benchmark Nikkei 225 falling below the 33,000 mark, following the broadly negative cues from global markets overnight, with weakness across most sectors partially offset by gains in technology stocks.
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745 days ago
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