Forex News

European Shares Off Day's Lows

European Shares Off Day's Lows

European stocks traded mixed on Monday, after having fallen sharply earlier in the session on concerns over a deepening banking crisis and an impending recession.
RTTNews | 840 days ago
DAX Tumbles As Bank Worries Persist

DAX Tumbles As Bank Worries Persist

German stocks fell sharply on Monday, with banks declining again after Switzerland's largest banking institution - UBS Group - entered into a merger deal with its troubled rival - Credit Suisse.
RTTNews | 840 days ago
Asian Shares Slump After Credit Suisse Buyout

Asian Shares Slump After Credit Suisse Buyout

Asian stocks tumbled on Monday amid signs of a deepening crisis in the financial system, lingering fears of a global recession and anxiety ahead of a Federal Reserve meeting this week.
RTTNews | 840 days ago
Indian Rupee Falls To 4-day Low Against U.S. Dollar

Indian Rupee Falls To 4-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in afternoon deals on Monday, as regional shares fell on concerns about turmoil in the U.S. banking sector and an impending recession.
RTTNews | 840 days ago
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Hoyo, SBC Recalls Frozen, Ready-To-Eat Beef Sambusa Product

Hoyo, SBC Recalls Frozen, Ready-To-Eat Beef Sambusa Product

Bloomington, Minnesota -based Hoyo, SBC is recalling around 1,046 pounds of ready-to-eat beef sambusa products citing possible foreign matter contamination, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. The recalled products may be contaminated with extraneous materials, specifically thin, wire-like metal.
RTTNews | 840 days ago
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the European session on Monday.
RTTNews | 840 days ago
Euro Falls Ahead Of German PPI Data

Euro Falls Ahead Of German PPI Data

At 3:00 am ET, Destatis is scheduled to issue Germany's producer prices data for February. Economists forecast producer price inflation to ease to 14.5 percent from 17.8 percent in January.
RTTNews | 840 days ago
European Economic News Preview: Eurozone Foreign Trade Data Due

European Economic News Preview: Eurozone Foreign Trade Data Due

Foreign trade from the euro area and producer prices from Germany are the top economic news due on Monday. At 3.00 am ET, Destatis is scheduled to issue Germany's producer prices for February. Economists forecast producer price inflation to ease to 14.5 percent from 17.8 percent in January.
RTTNews | 840 days ago
Australian Dollar Slides As Traders Remain Cautious

Australian Dollar Slides As Traders Remain Cautious

The Australian dollar retreated from recent highs against other major currencies in the Asian session on Monday, as traders remain cautious and assess the impact of the crisis in the global banking sector, even as failing financial institutions secure a lifeline from peer institutions and central banks to avoid a global meltdown.
RTTNews | 840 days ago

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