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Forex News
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
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93 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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93 days ago
European Shares Likely To Drift Lower As Trump's Tariffs Take Effect
European shares are seen opening sharply lower on Wednesday as the latest set of U.S. tariffs, including a massive 104 percent levy on Chinese imports, take effect today, leaving investors worried about the impact on inflation, interest rates and global growth.
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93 days ago
Sensex, Nifty Open Lower As Trump's New Tariffs Go Into Effect
Indian shares opened slightly lower on Wednesday as China and the United States moved towards an all-out trade war.
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94 days ago
Reserve Bank Of New Zealand Cuts Rate By 25 Bps, Signals Further Easing
The Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as expected on Wednesday, and hinted at further easing as recent increases in trade tariffs pose downside risks to economic outlook. The Monetary Policy Committee, led by acting governor Christian Hawkesby, decided to cut the Official Cash Rate by 25 basis points to 3.50 percent, which was the lowest since October 2022.
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94 days ago
Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming its early losses in mid-market trading on Wednesday, reversing the strong gains in the previous session, with the benchmark S&P/ASX 200 falling well below the 7,500 level, following the broadly negative cues from Wall Street overnight, with weakness across most sectors led by mining and technology stocks.
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94 days ago
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, with steep losses in Japan, Singapore and Taiwan as traders remain concerned about rising tensions between the U.S. and China amid the new reciprocal tariffs on imports in to the US. The steeper-than-expected tariffs ignited fears over an economic recession globally.
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94 days ago
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Sensex, Nifty Likely To Drift Lower As Trade Worries Deepen
Indian shares look set to resume losses on Wednesday as hopes of a tariff delay faded and the escalation of tariff battle between the U.S. and China fueled worries over an economic recession globally.
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94 days ago
Losing Streak May Continue For Thai Stock Market
The Thai stock market has moved lower in three straight sessions, sinking almost 100 points or 9 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,075-point plateau and it's looking at another soft start again on Wednesday.
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94 days ago
Indonesia Shares May Take Further Damage On Wednesday
The Indonesia stock market returned decidedly to the downside from the Eid holiday, snapping a three-day winning streak in which it had advanced almost 350 points or 5 percent. The Jakarta Composite Index now sits just beneath the 6,000-point plateau and it's expected to open in the red again on Wednesday.
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94 days ago
Japanese Market Sharply Lower; Down 3%
The Japanese stock market is trading sharply lower on Wednesday, reversing the strong gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling more than 3 percent to below the 32,000 mark, with weakness across all sectors led by technology and financial stocks.
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94 days ago
Hong Kong Shares May Open Under Water On Wednesday
The Hong Kong stock market on Tuesday halted the three-day losing streak in which it had plummeted more than 3,380 points or 14.8 percent. The Hang Seng Index now sits just above the 20,125-point plateau although it figures to open lower again on Wednesday.
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94 days ago
Soft Start Expected For China Stock Market
The China stock market on Tuesday ended the two-day slide in which it had tumbled more than 250 points or 7.4 percent. The Shanghai Composite Index now sits just beneath the 3,150-point plateau although it may turn lower again on Wednesday.
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94 days ago
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