Forex News

Asian Shares Retreat On US Debt Ceiling Worries

Asian Shares Retreat On US Debt Ceiling Worries

Asian stocks fell on Wednesday as worries over U.S. debt deal persisted, and investors awaited cues from industrial sector surveys in Europe and the United States.
RTTNews | 777 days ago
NZ Dollar Slides As RBNZ Signals Pause On Further Rate Hike

NZ Dollar Slides As RBNZ Signals Pause On Further Rate Hike

The New Zealand dollar came under pressure against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand raised interest rates by a quarter-percentage point, in line with expectations, but signaled that further rate hike is over to curb inflation.
RTTNews | 777 days ago
European Economic News Preview: UK Inflation Data Due

European Economic News Preview: UK Inflation Data Due

Consumer and producer prices from the UK and business sentiment from Germany are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for April. Inflation is forecast to ease to 8.3 percent in April from 10.1 percent in March. Output price inflation is seen at 8.6 percent in April.
RTTNews | 777 days ago
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NZ Dollar Falls Against Majors

NZ Dollar Falls Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 778 days ago
Asian Markets Track Global Markets Lower

Asian Markets Track Global Markets Lower

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, amid worries about growth and interest rates, and increasing concerns over a standoff in Republican-manufactured U.S. debt ceiling confrontation. Asian markets closed mostly lower on Tuesday.
RTTNews | 778 days ago
Sensex, Nifty To Open Lower As US Debt Ceiling Talks Drag On

Sensex, Nifty To Open Lower As US Debt Ceiling Talks Drag On

Indian shares may open lower on Wednesday after no new progress was reported in talks between the White House and U.S. congressional leaders to raise the federal debt ceiling to avoid a potential default next month.
RTTNews | 778 days ago
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is significantly lower on Wednesday, extending the losses in the previous session, with the Nikkei 225 falling below the 30,700 level and off the 33-year highs, following the broadly negative cues from global markets overnight and with traders booking profits after the recent surge.
RTTNews | 778 days ago

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