Forex News

CAC 40 Holds Steady On US Debt Deal Optimism

CAC 40 Holds Steady On US Debt Deal Optimism

French stocks held steady on Friday after reports suggested that U.S. lawmakers are inching closer to an agreement that would raise the debt limit for about two years and cap federal spending at the same level as fiscal 2023 for two years.
RTTNews | 774 days ago
DAX Little Changed On US Debt Deal Hopes

DAX Little Changed On US Debt Deal Hopes

German stocks inched lower in cautious trade on Friday after reports suggested that U.S. President Joe Biden and top Republican lawmaker Kevin McCarthy are edging close to a deal on the U.S. debt ceiling.
RTTNews | 774 days ago
Asian Shares Rise On US Debt Deal Optimism

Asian Shares Rise On US Debt Deal Optimism

Asian stocks ended Friday's session broadly higher after reports suggested that U.S. lawmakers are inching closer to an agreement that would raise the debt limit for about two years and cap federal spending at the same level as fiscal 2023 for two years.
RTTNews | 774 days ago
Canadian Dollar Slides Amid Crude Oil Prices Drop

Canadian Dollar Slides Amid Crude Oil Prices Drop

The Canadian dollar weakened against other major currencies in the Asian session on Friday, as crude oil prices slid after Russia's Deputy Prime Minister said Russia won't agree on any additional cut in crude production.
RTTNews | 774 days ago
European Economic News Preview: UK Retail Sales Data Due

European Economic News Preview: UK Retail Sales Data Due

Retail sales data from the UK and consumer confidence from France are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales for April. Sales are forecast to grow 0.4 percent on month, in contrast to the 0.9 percent fall in March.
RTTNews | 775 days ago
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Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are mostly lower on Friday, despite the mostly positive cues from Wall Street overnight, as lingering concerns about economic slowdown, and fears of a U.S. debt default rendered the mood bearish. Some relief is seen as lawmakers move closer to a deal to raise debt limit and cap spending for two years. Asian markets ended mostly lower on Thursday.
RTTNews | 775 days ago
Japanese Market Significantly Higher At Fresh 33-year Highs

Japanese Market Significantly Higher At Fresh 33-year Highs

The Japanese stock market is significantly higher on Friday, extending the gains in the previous session, with the benchmark Nikkei 225 breaching the 31,000 mark to climb back to fresh 33-year highs, following the mostly positive cues from Wall Street overnight, boosted by gains across most sectors, led by technology stocks.
RTTNews | 775 days ago
Sensex, Nifty Set For Tepid Start

Sensex, Nifty Set For Tepid Start

Indian shares may open lower on Friday as investors react to mixed global cues and monitor the latest developments in the U.S. debt ceiling negotiations.
RTTNews | 775 days ago
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower in choppy trading on Friday, extending the losses in the previous four sessions, with the benchmark S&P/ASX 200 staying below the 7,200 level, despite the mostly positive cues from Wall Street overnight, dragged by losses in gold miners and energy stocks and tumbling bullion and crude oil prices.
RTTNews | 775 days ago

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