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Forex News
Euro Advances Against Majors
The euro strengthened against other major currencies in the European session on Thursday, as the U.S. dollar suffered due to concerns about the country's short-term economic prospects and the continuous imposition of tariffs on trading partners. The euro was also supported by economic data.
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99 days ago
Eurozone Private Sector Growth At 7-Month High
The euro area private sector growth accelerated to a seven-month high in March, adding to hopes of recovery in the currency bloc as the fiscal support planned by Germany is more likely to offset the threats caused by the U.S. tariffs, final results of the monthly purchasing managers' survey by S&P Global showed on Thursday.
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99 days ago
Bay Street Likely To Open Sharply Lower
Sharply lower U.S. and Canadian futures, weak European stocks and falling oil and bullion prices point to a gap down opening for the Canadian market on Thursday.
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99 days ago
U.S. Trade Deficit Shrinks In February After Spiking To Record High
The Commerce Department released a report on Thursday showing the U.S. trade deficit narrowed in the month of February after soaring to a record high in January.
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99 days ago
U.S. Weekly Jobless Claims Unexpectedly Edge Lower
A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended March 29th.
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99 days ago
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Thursday.
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99 days ago
FTSE 100 Sharply Lower As Trump's Tariff Announcement Hurts Sentiment
U.K. stocks are languishing in negative territory after a weak start Thursday morning amid fears of a global trade war after U.S. President Donald Trump announced steep "reciprocal tariffs" on major trading partners.
The British market's loss is somewhat less pronounced compared to other major European markets, as UK imports face a 10% tariff, half the 20% levy imposed on the European Union.
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99 days ago
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Sensex, Nifty End Modestly Lower As IT Stocks Drag
Indian shares fell on Thursday after U.S. President Donald Trump announced a 10 percent universal tariff on most imported goods along with additional high tariffs on countries the U.S. considers "worst offenders" based on trade deficits and non-tariff barriers.
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99 days ago
CAC 40 Down Nearly 2.5% As Tumble On Trump's Tariff Announcement
French stocks are down sharply Thursday morning, mirroring losses in markets across Europe amid concerns about the impact of new tariffs announced by U.S. President Donald Trump.
It is feared that the new levies could fuel inflation and disrupt global supply chains, and lead to trade wars.
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99 days ago
Amazon Places Bid For TikTok Ahead Of US Sale Deadline
As the April 5 deadline is looming for TikTok, owned by China-based ByteDance Ltd, to find a buyer or to face shutdown in the United States, its biggest market, Amazon has entered the picture, submitting a takeover bid to the White House for the business, reports said. With this, the tech major joins the list of potential bidders including private equity firm Blackstone and mobile technology...
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99 days ago
European Shares Tumble On Tariff Jitters
European stocks fell sharply on Thursday as investors fretted about the potential repercussions of the new tariffs announced by U.S. President Donald Trump.
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100 days ago
Asian Shares Slide On Trade War Concerns
Asian stocks tumbled on Thursday after U.S. President Donald Trump announced a 10 percent universal tariff on most imported goods along with additional high tariffs on countries the U.S. considers "worst offenders" based on trade deficits and non-tariff barriers.
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100 days ago
DAX Down Sharply Despite Coming Off Early Lows
German stocks are down sharply Thursday morning due to heavy selling almost across the board as investors react to the U.S. government's announcement of "reciprocal tariffs."
The much steeper-than-expected tariffs on US trade partners, has heightened concerns over a global trade war that could destabilize major economies.
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100 days ago
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