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Forex News
European Shares Mixed On China COVID Worries
European stocks were mixed on Thursday, as concerns over geopolitical tensions eased and the focus returned to rising numbers of COVID-19 cases in China.
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969 days ago
Philippine Central Bank Raises Rate By 75 Bps
The Philippine central bank raised its benchmark rate by 75 basis points, as widely anticipated, to support the weakening peso and fight inflation. The Monetary Board hiked its benchmark overnight reverse repurchase facility rate by 75 basis points to 5.00 percent. Accordingly, the interest rates on the overnight deposit and lending facilities will be set to 4.5 percent and 5.5 percent.
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969 days ago
FTSE 100 Dips Ahead Of 'tough' Budget
U.K. stocks fell on Thursday, as investors awaited the nation's budget later in the day that promises to be all pain and hardly any gain.
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969 days ago
CAC 40 Little Changed As Geopolitical Tensions Ease
French stocks were largely steady on Thursday, as concerns over geopolitical tensions eased and the focus returned to rising numbers of COVID-19 cases in China.
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969 days ago
DAX Rises As Siemens Q4 Profit Beats Estimates
German stocks rose notably on Thursday, as Siemens posted a better-than-expected fourth-quarter profit and industry data showed Europe's new car registrations increased for the third straight month in October.
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969 days ago
Asian Shares Mixed On China Worries, Hawkish Fed Comments
Asian stocks ended mixed on Thursday, with worries about ongoing China's COVID curbs and hawkish remarkets from a slew of Federal Reserve officials keeping investors nervous.
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969 days ago
Amazon Begins Job Cuts, Says Some Roles No Longer Required
Amazon began to implement job cuts, starting with devices and services division, citing difficult economy. The tech giant did not reveal the number of employees affected, but earlier this week, reports had said it was planning to lay off about 10,000 employees in corporate and technology roles.
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969 days ago
more news
European Economics Preview: UK Autumn Budget Statement Due
UK Chancellor of the Exchequer Jeremy Hunt is set to deliver his Autumn Statement on Thursday. At 2.00 am ET, the European Automobile Manufacturers' Association is slated to issue Europe's passenger car registrations.
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969 days ago
European Shares May Follow Asian Peers Lower On Fed Uncertainty
European stocks are seen opening lower on Thursday, as investors fret about the impact of China's zero-COVID strategy and stalling U.S. consumer spending, heading into the holiday season.
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969 days ago
Sensex, Nifty Marginally Lower In Early Trade; Paytm Shares Plunge 9%
Indian shares opened on a tepid note Thursday, tracking weakness across global markets.
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969 days ago
Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight, as traders closely followed the developments on the geopolitical front following a missile blast in Poland. Traders were also digesting a mixed batch of U.S. economic data, which added to recent uncertainty about the outlook for interest rates.
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969 days ago
Sensex, Nifty Set To Drift Lower On Hawkish Fed Comments
Indian shares may open on a tepid note Thursday, mirroring weak global cues. Moves in the forex and bond markets may sway sentiment as the day progresses.
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969 days ago
Thai Stock Market May Extend Wednesday'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 slumped more than a dozen points or 0.7 percent. The Stock Exchange of Thailand now rests just beneath the 1,620-point plateau and it's expected to open in the red again on Thursday.
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969 days ago
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