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Forex News
Losses May Accelerate For Malaysia Stock Market
The Malaysia stock market headed south again on Wednesday, one session after snapping the four-day losing streak in which it had slumped almost 25 points or 1.5 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,380-point plateau and it may take further damage on Thursday.
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758 days ago
Rally May Stall For South Korea Stock Market
The South Korea stock market had moved higher in three straight sessions, advancing more than 45 points or 1.8 percent along the way. The KOSPI now sits just above the 2,615-point plateau although it's likely to see profit taking on Thursday.
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758 days ago
Japan GDP Data Due On Thursday
Japan will on Thursday release Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity.
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758 days ago
TSX Ends Moderately Lower After BoC Raises Interest Rates
The Canadian market ended weak on Wednesday after the Bank of Canada raised its benchmark rates by 25 basis points, after holding rates unchanged in the previous two meetings.
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758 days ago
Dollar Turns In Mixed Performance As Traders Weigh Interest Rate Prospects
The U.S. dollar turned in a mixed performance on Wednesday with traders weighing the likely move of the Federal Reserve with regard to interest rates, and the inflation data due next week.
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758 days ago
Swiss Market Ends Notably Lower
The Switzerland stock market ended notably lower on Wednesday after staying in negative territory right through the day's session.
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758 days ago
Major European Markets Close Slightly Weak
Major European markets closed on a slightly weak note on Wednesday amid concerns about economic slowdown and prospects of further interest rate hikes by central banks.
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758 days ago
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Canadian Market Down Marginally After BoC Raises Interest Rate
The Canadian market is down marginally around late morning on Wednesday, with investors digesting the Bank of Canada's decision to raise interest rates by 25 basis points.
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758 days ago
Canadian Dollar Firms As BoC Lifts Rate Unexpectedly
The Canadian dollar rose against its major counterparts during the New York session on Wednesday, as the Bank of Canada hiked its key interest rate by a quarter-percentage point amid stubbornly high inflation and stronger than expected economic growth.
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758 days ago
Bank Of Canada Resumes Raising Interest Rates
After leaving interest rates unchanged for two straight meetings, the Bank of Canada on Wednesday announced it has decided to once again raise rates. The Bank of Canada increased its target for the overnight rate by 25 basis points to 4.75 percent, citing stubbornly high inflation and stronger than expected economic growth.
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759 days ago
Loonie Rises After BoC Decision
The Bank of Canada raised its key rate by 25 basis points to 4.75 percent unexpectedly. Following the decision, the loonie advanced against its major counterparts.
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759 days ago
U.S. Trade Deficit Widens Significantly As Exports Slump, Imports Jump
A report released by the Commerce Department on Wednesday showed the U.S. trade deficit widened significantly in the month of April. The Commerce Department said the trade deficit increased to $74.6 billion in April from a revised $60.6 billion in March.
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759 days ago
V2X Awarded Position With U.S. Air Force On Training Systems Acquisition IV Program
V2X, Inc. (VVX) announced Wednesday it was awarded a position on the Training Systems Acquisition IV (TSA IV) program with the United States Air Force.
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759 days ago
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