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Forex News
DAX Slips As Growth Worries Resurface
German stocks slipped on Tuesday as weak Chinese GDP data rekindled worries about slowing global growth.
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904 days ago
Asian Shares Mixed As China Data Beats Expectations
Asian stocks turned in a mixed performance on Tuesday as China growth data beat forecasts and caution prevailed ahead of a Bank of Japan policy meeting.
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904 days ago
Zero Covid Policy Damps China 2022 GDP Growth
China's strict zero-covid policy took the economic growth to one of the weakest in decades, but the lifting of stringent measures over December is widely expected to boost industrial production, exports and retail sales in the new year. The second largest economy grew only 3.0 percent in 2022, marking the weakest expansion in decades, figures from the National Bureau of Statistics revealed on Tu
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904 days ago
Japanese Govt. To Present Nominees For BoJ Top Jobs On February 10
Japanese government is set to present its nominees for the new Bank of Japan Governor and two deputy chiefs on February 10, reports said Tuesday, citing unnamed government and ruling party officials. The Japanese parliament convenes on January 23. There is also the likelihood of the date of presenting nominees being pushed forward by several days depending on developments in the parliament.
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904 days ago
European Economic News Preview: UK Labor Market Data Due
Labor market statistics from the UK and economic sentiment from Germany are the top economic news due on Tuesday, headlining a busy day for the European economic news.
At 2.00 am ET, the Office for National Statistics releases UK unemployment data. The jobless rate is seen unchanged at 3.7 percent in three months to November.
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904 days ago
European Shares Poised For Mixed Open On Weak China Data
European stocks are seen opening on a mixed note Tuesday, as investors digest weak Chinese data and await more earnings reports from the U.S. for direction.
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904 days ago
Sensex, Nifty Trade Higher In Early Trade; Financials Underperform
Indian shares were moving higher on Tuesday, as other Asian markets pared early losses after the release of better-than-expected Chinese Q4 and FY22 GDP data.
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904 days ago
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Asian Markets Mostly Lower Amid Weak China Data
Asian stock markets slipped in to the red on Tuesday, despite the positive cues from European markets overnight, as traders reacted to weak fourth-quarter economic data emerging from China, which reported its second-lowest annual economic growth in almost 50 years. Traders are also assessing stubborn inflation, possible recession and the growth outlook for the markets.
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904 days ago
Sensex, Nifty Seen Flat To Lower On Weak China GDP Data
Indian shares may open on a subdued note Tuesday, tracking a muted trend in other Asian markets.
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904 days ago
Japanese Market Sharply Higher
The Japanese stock market is sharply higher on Tuesday, recouping some of the losses in the previous two sessions, with the Nikkei 225 moving to nearly the 26,200 level, following the positive cues from European markets overnight, with gains in heavyweight stocks and technology stocks. Traders are also cautious as the Bank of Japan kicks off a two-day monetary policy meeting.
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905 days ago
Australian Market Modestly Higher
The Australian stock market modestly higher on Tuesday after being in the red at open, extending the gains in the previous fourth sessions, with the benchmark S&P/ASX 200 moving to just below the 7,400 level at nine-month highs, following the positive cues from European markets overnight, after domestic data showed consumer sentiment growing for a second straight month in January.
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905 days ago
China GDP Data Due On Tuesday
China is scheduled to release a batch of data on Tuesday, headlining a busy day for Asia-Pacific economic activity. On tap are Q4 numbers for GDP and December data for industrial production, retail sales and unemployment.
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905 days ago
TSX Rises For 7th Straight Session, Ends Marginally Up
The Canadian stock market ended marginally up after moving in a tight range on Monday, extending gains to a seventh straight session. Healthcare, consumer staples and technology stocks were among the notable gainers.
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905 days ago
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