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Forex News
DAX Edges Lower On Interest-rate Concerns
German stocks edged lower on Tuesday as investors fretted about the impact of higher interest rates on economic growth.
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883 days ago
Asian Shares Mixed Ahead Of Powell's Speech
Asian stocks ended mixed on Tuesday and the dollar rally paused as investors assessed the outlook for growth and interest rates in developed economies.
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883 days ago
Australian Dollar Firms As RBA Hikes Rate By 25 Bps; Signals More Increases
The Australian dollar spiked up against its major counterparts in the Asian session on Tuesday, as the Reserve Bank of Australia raised its benchmark rate by a quarter-point and signaled further hikes amid growing price pressures.
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883 days ago
Australia Lifts Rate By 25 Bps, Signals More Hikes On Cards
Australia's central bank raised its benchmark rate by a quarter-point and tweaked its forward guidance triggering expectations for more hikes. At the first board meeting of the year, the Reserve Bank of Australia policymakers decided to lift the cash rate target by 25 basis points to 3.35 percent. The rate decision came in line with expectations.
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883 days ago
European Economic News Preview: Germany Industrial Output Data Due
Industrial production from Germany and house prices from the UK are the top economic news due on Tuesday. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for December. Production is expected to fall 0.7 percent on month, reversing a 0.2 percent rise in November.
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883 days ago
European Shares Set For Positive Opening
European stocks are likely to open on a positive note Tuesday despite lingering worries about higher interest rates.
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883 days ago
Sensex, Nifty Give Up Early Gains
Indian shares gave up early gains to trade lower on Tuesday, tracking mixed cues from global markets and ahead of the Reserve Bank of India's monetary policy decision due Wednesday.
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884 days ago
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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Tuesday, following the broadly negative cues from Wall Street overnight, as traders remain cautious and continued to refrain from creating fresh long positions. They are likely to keep an eye on remarks by US Federal Reserve Chair Jerome Powell later in the day for additional clues about the outlook for further rate hikes.
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884 days ago
Sensex, Nifty Seen Slightly Higher At Open
Indian shares look set to open higher on Tuesday, though volatility cannot be ruled out ahead of the Reserve Bank of India's monetary policy decision due Wednesday and an ongoing sell-off in Adani Group stocks.
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884 days ago
Thai Stock Market May Extend Monday's Losses
The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had fallen almost 10 points or 0.6 percent. The Stock Exchange of Thailand now rests just above the 1,680-point plateau and the losses may accelerate on Tuesday.
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884 days ago
Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Tuesday, extending the gains in the previous four sessions, with the Nikkei 225 moving above the 27,700 level, despite the broadly negative cues from global markets overnight, driven by gains in technology and financial stocks.
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884 days ago
Indonesia Stock Market Expected To Open In The Red
The Indonesia stock market on Monday wrote a finish to the three-day winning streak in which it had picked up more than 70 points or 1.1 percent. The Jakarta Composite Index now rests just above the 6,870-point plateau and it's likely in store for more selling pressure.
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884 days ago
Australian Market Slightly Higher
The Australian stock market slightly higher on Tuesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,500 level, despite the broadly negative cues from global markets overnight, as traders remain cautious ahead of the Reserve Bank of Australia's rate decision later in the day. Energy and financial stocks are gaining.
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884 days ago
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