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Forex News
IMF Warns Of Tariff War Impact As Global Growth Projections Slashed
The International Monetary Fund slashed the global growth forecasts for this year and next on Tuesday, citing the potential impact of the trade tariffs imposed by U.S. President Donald Trump and cautioned against significant adverse effect on the world economy if the current trade tensions persist.
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82 days ago
Canadian Dollar Climbs Amid Risk Appetite
The Canadian dollar advanced against its major counterparts in the New York session on Tuesday, as investor sentiment improved after Treasury Secretary Scott Bessent said that the trade war between the US and China may de-escalate.
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82 days ago
Swiss Market Ends Marginally Down
The Switzerland market ended marginally down on Tuesday after languishing in negative territory right through the day's trading session.
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82 days ago
European Stocks Close Higher Despite Trade Jitters
The major European markets closed higher on Tuesday, recovering well from early losses, as investors picked up stocks despite lingering concerns about U.S. trade policy and President Donald Trump's criticism of Federal Reserve Chair Jerome Powell.
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82 days ago
Canadian Market Up Sharply On Broad-based Buying Despite Trade Concerns
The Canadian market is up firmly in positive territory a little past noon on Tuesday as investors pick up stocks despite lingering concerns about the trade war, and the stand-off between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell.
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82 days ago
Eurozone Consumer Confidence Weakens More Than Expected
Euro area consumer sentiment eroded for a second month in a row in April to its lowest level in one-and-a-half years, survey data from the European Commission showed on Tuesday.
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82 days ago
Roche To Invest $50 Bln In U.S; To Create 12,000 Jobs
Amid the ongoing tariff issues, Swiss drug major Roche Holding AG announced its plan to invest $50 billion in the United States in the next five years, aiming to expand its Pharmaceutical and Diagnostics Divisions. With all new and expanded manufacturing capacity, Roche aims to export more medicines from the US than it imports.
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83 days ago
more news
Bay Street Likely To Open On Cautious Note
The Canadian market is likely to open on a cautious note Tuesday morning, but some buying is likely in energy and materials sectors thanks to firm commodity prices.
Worries about trade tensions and the stand-off between U.S. President and the Fed Chair might hurt sentiment and limit market's upside.
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83 days ago
FTSE 100 Up Marginally; Sainsbury Rises After Announcing Buyback Program
U.K. stocks are modestly higher on Tuesday, led by gains in retailers and consumer staples stocks, even as the mood remains cautious amid lingering concerns about global economic growth due to trade tensions following the U.S. government's highly protectionist trade policy.
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83 days ago
Sensex, Nifty End Higher Despite Weak Global Cues
Indian shares ended slightly higher on Tuesday despite weak cues from global markets.
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83 days ago
CAC 40 Down Marginally
The French stock market is down marginally on Tuesday as investors, amid lingering concerns over U.S. Government's trade policy and rising tensions between the U.S. and China, largely remain cautious while awaiting some crucial economic data and earnings updates this week.
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83 days ago
DAX Recovers After Early Setback, Down Marginally In Cautious Trade
German stocks are down in negative territory on Tuesday, with investors, back to trading after a long Easter break, making cautious moves amid lingering concerns about trade tensions due to the U.S. government's trade policy.
The standoff between the U.S. President and the Federal Reserve Chair also appears to be weighing on investor sentiment.
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83 days ago
European Shares Drift Lower As Trump Threatens Fed Independence
European stocks traded lower on Tuesday as U.S. President Donald Trump's remarks on Federal Reserve Chair Jerome Powell reignited concerns about Fed independence and political interference.
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83 days ago
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