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Forex News
DAX Tumbles On US Rate Hike Worries
German stocks tumbled on Friday as strong U.S. data and hawkish comments from Fed officials prompted a rise in U.S. Treasury yields.
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918 days ago
Australian, NZ Dollars Lower On Fed Rate Hike Concerns
The Australian and NZ dollars fell against their major counterparts in the Asian session on Friday, as strong U.S. data released overnight and hawkish Fed remarks fueled inflation and rate-hike worries.
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918 days ago
Asian Shares Decline On Hawkish Fed Remarks
Asian stocks retreated on Friday as hotter-than-expected U.S. producer price data coupled with hawkish comments from two Federal Reserve officials stoked worries about further interest-rate hikes.
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918 days ago
Thai GDP Growth Decelerates In Q4
Thailand's economic growth slowed more than expected in the fourth quarter as increases in household spending and investment were partially offset by declines in government spending and exports, official data showed on Friday. Gross domestic product grew only 1.4 percent on a yearly basis in the fourth quarter, moderating from the 4.6 percent expansion in the third quarter.
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918 days ago
European Economic News Preview: UK Retail Sales Data Due
Retail sales data from the UK is the top economic news due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for January. Sales are forecast to fall 0.3 percent on month, slower than the 1.0 percent decline in December.
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918 days ago
Ready-To-Cook Chicken Penne Pasta Meals Distributed To Schools Recalled
Islandia, New York -based Whitson's Food Service (Bronx) Corp. is recalling around 8,713 pounds of certain frozen, ready-to-cook chicken pasta meals due to misbranding and undeclared allergens, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. The frozen, ready-to-cook chicken alfredo with broccoli and penne pasta meals contain egg, a known allergen.
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918 days ago
European Shares Likely To Drift Lower On Rate Worries
European stocks may drift lower at open on Friday as strong U.S. data released overnight coupled with hawkish Fed remarks fueled inflation and rate-hike worries.
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918 days ago
more news
Sensex, Nifty Edge Lower After Recent Gains; Nestle Tumbles On Q4 Results
Indian shares opened lower on Friday, mirroring weak global cues on fears of more rate hikes by the U.S. Federal Reserve.
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918 days ago
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, as the markets remain concerned over the outlook for interest rates amid the prospect of further policy tightening from the US Fed after the recent release of upbeat US economic data, including bigger than expected increase in producer prices.
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918 days ago
Thai Stock Market Tipped To Open In The Red
The Thai stock market on Thursday wrote a finish to the two-day slide in which it had dropped almost 20 points or 1.2 percent. The Stock Exchange of Thailand now rests just beneath the 1,660-point plateau although it's likely to head south again on Friday.
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918 days ago
Sensex, Nifty Set For Cautious Start On Fed Worries
Indian shares are seen opening lower on Friday as new U.S. data added to worries about inflation and the outlook for interest rates.
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918 days ago
Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Friday, giving up some of the gains in the previous session, with the benchmark Nikkei 225 falling to a tad above the 27,600 level, following the broadly negative cues from Wall Street overnight, as traders are concerned about interest rate hikes by the US Fed after the recent release of upbeat US economic data.
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918 days ago
Indonesia Bourse Poised To Extend Losing Streak
The Indonesia stock market has moved lower in two straight sessions, slumping almost 50 points or 0.8 percent along the way. The Jakarta Composite Index now rests just beneath the 6,900-point plateau and it's looking at another soft start again on Friday.
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918 days ago
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