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Forex News
FTSE 100 Little Changed As Economy Stagnates In February
U.K. stocks were subdued on Thursday after data showed Britain's economy stagnated in February as a result of strikes by public workers.
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819 days ago
CAC 40 Gains As LVMH Sales Soar
French stocks advanced on Thursday despite uncertainty around the Fed's rate path and growing concerns about the U.S. economy slipping into a recession later this year.
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819 days ago
DAX Holds Steady As Inflation Eases In March
German stocks were steady on Thursday despite concerns that the U.S. economy may fall into recession in late 2020 due to the banking crisis.
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819 days ago
Sam's Club Offers $10 Memberships For 40th Birthday
Sam's Club, a division of Walmart Inc., has unveiled various offers to mark its 40th birthday this month, including a limited period membership offer of $10 for first-time members. The offers include activations that celebrate membership, including in-club events, an exclusive café item, more than $100 in savings and rewards for members, among others.
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819 days ago
Asian Shares End Mixed On US Recession Worries
Asian stocks recovered early losses to end mixed on Thursday after minutes from the Fed's Open Markets Committee March 21-22 meeting indicated that Fed officials see the U.S. economy entering a "mild recession" by year's end in the wake of the banking crisis.
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819 days ago
China Exports Log Unexpected Growth; Imports Fall
China exports posted a surprise growth in March, while imports continued to fall, albeit slowly, as foreign trade gained strength following the relaxation of the zero Covid policy. Exports expanded 14.8 percent on a yearly basis in March, the General Administration of Customs reported Thursday. This was the first growth in six months.
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819 days ago
Aussie Rises As Solid Jobs Data Signaled Further Rate Hike
The Australian dollar strengthened against other major currencies in the Asian session on Thursday, as the stronger jobs data in March pointed to a tight labor market that could keep inflation elevated and open doors for the Reserve Bank to raise interest rates again.
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819 days ago
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European Shares To Open On Cautious Note On US Recession Fears
European stocks may open on a cautious note on Thursday after the latest Fed minutes showed policymakers are eyeing a mild recession this year.
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819 days ago
European Economic News Preview: UK GDP Data Due
Monthly GDP from the UK and final inflation from Germany are the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK monthly GDP data for February. The economy is forecast to grow marginally by 0.1 percent on month, slower than the 0.3 percent expansion registered in January.
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819 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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819 days ago
Sensex, Nifty Struggle For Direction In Early Trade: IT Stocks Decline
Indian shares struggled for direction in early trade on Thursday amid concerns that moderating inflation in the U.S. won't be enough to prevent the Federal Reserve from hiking rates again in May.
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819 days ago
Indian Shares Seen Flat To Lower As Fed Worries Persist
Indian shares are seen opening a tad lower on Thursday as TCS posted disappointing earnings for the fourth quarter and oil prices continue to climb, raising worries over central banks keeping rates higher for longer.
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819 days ago
Asian Shares Subdued On Recession Worries
Asian stocks were seeing modest losses on Thursday on concerns that moderating inflation in the U.S. won't be enough to prevent the Federal Reserve from hiking rates again in May.
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819 days ago
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