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Forex News
DAX Little Changed As US Debt Ceiling Talks Continue
German stocks were little changed on Monday as investors kept a wary eye on debt ceiling talks in the United States.
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781 days ago
Asian Shares Mostly Higher After Powell's Comments On Rate Hikes
Asian shares ended Monday's session mostly higher, with U.S. debt-ceiling discussions, dovish comments from Fed Chair Jerome Powell and Sino-American ties in focus.
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781 days ago
China Maintains Benchmark Lending Rates
China's central bank left its key interest rates unchanged on Monday despite strengthening calls for monetary policy easing to support economic growth amid a notable slowdown in inflation. The People's Bank of China retained its one-year loan prime rate, or LPR, at 3.65 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was left unchanged at 4.30 percent.
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781 days ago
U.S. Dollar Falls After Fed Powell Remarks, U.S. Debt Ceiling Talks Pause
The U.S. dollar weakened against other major currencies in the Asian session on Monday, following the remark's of Federal Reserve Chair Jerome Powell hinted that interest rates may not need to rise further. Also, a surprise pause in U.S. debt ceiling negotiations added pressure on the currency.
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781 days ago
European Shares To Open On Steady Note As US Debt Ceiling Talks Resume
European stocks may open on a firm note Monday despite the U.S. debt ceiling stalemate and renewed uncertainty about the Fed's rate path.
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781 days ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Monday.
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782 days ago
Sensex, Nifty Slightly Higher As Adani Group Stocks Rally
Indian shares were slightly higher on Monday while the rupee weakened against the dollar as the U.S. debt ceiling worries took center stage.
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782 days ago
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Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Monday, despite the broadly negative cues from Wall Street on Friday, as traders remained cautious and optimistic a deal will finally be reached on raising the US debt ceiling to avert a first-ever US default, despite talks being paused after Republican negotiators walked out the meeting. Asian markets closed mixed on Friday.
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782 days ago
Sensex, Nifty To Open Lower On US Debt Default Worries
Indian shares may open a tad lower on Monday as the United States moved closer to the deadline to avoid a debt default.
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782 days ago
Japanese Market Notably Higher
The Japanese stock market is slightly higher in choppy trading on Monday, extending the gains in the previous seven sessions, with the Nikkei 225 staying above the 30,800 level at 33-year highs, despite the broadly negative cues from Wall Street on Friday, aided by gains in market heavyweight stocks.
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782 days ago
Thai Stock Market May Extend Friday's Losses
The Thai stock market headed south again on Friday, one day after halting the five-day losing streak in which it had slumped almost 50 points or 3.1 percent. The Stock Exchange of Thailand now sits just beneath the 1,515-point plateau and it may take further damage on Monday.
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782 days ago
Australian Market Modestly Lower
The Australian stock market is modestly lower on Monday, giving up some of the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 7,300 level, following the broadly negative cues from Wall Street on Friday, with weakness in technology and financial stocks partially offset by gains in miners and energy stocks.
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782 days ago
Renewed Consolidation Likely For Indonesia Shares
The Indonesia stock market on Friday snapped the tw0-day slide in which it had fallen almost 50 points or 0.8 percent. The Jakarta Composite Index now rests just above the 6,700-point plateau although it figures to head south again on Monday.
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782 days ago
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