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Forex News
Spain Unemployment Rises Less Than Forecast
Spain's unemployment increased less than expected in January and also hit the lowest level for the month in 17 years as the economy continued to exhibit robust growth, official data showed on Tuesday. The number of people out of work increased 38,725 in January from the previous month, the labor ministry said.
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158 days ago
European Shares Slide As Trade War Fears Mount
European shares declined on Tuesday as new U.S. tariffs of 10 percent on Chinese imports took effect and China announced retaliatory tariffs and export controls, raising fears of a trade war between the world's two largest economies.
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158 days ago
Asian Shares Pare Early Gains As China Retaliates With Tariffs On US Goods
Asian stocks gave up some early gains but still ended higher on Tuesday as China slapped tariffs on U.S. imports in a rapid response to a 10 percent trade duty imposed by the Trump administration on Chinese goods, which took effect from 00:00 ET today.
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158 days ago
Commodity Currencies Advance After Trump's Tariff Delay
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday, as traders reacted positively to U.S. President Donald Trump's latest decision to delay imposing the planned tariffs on Mexico and Canada after successful negotiations with the respective leaders. The tariffs could have renewed inflation fears, leading the U.S. Fed to keep interest rates on hold for longer.
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158 days ago
Canadian Dollar Advances Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Tuesday.
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159 days ago
European Shares Seen Opening Up After Trump's Tariff Delay
European stocks may open on a firm note Tuesday after U.S. President Donald Trump struck deals to delay 25 percent import taxes on Canada and Mexico for 30 days, helping avert a trade war for now.
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159 days ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
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159 days ago
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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159 days ago
Sensex, Nifty Open Higher As Tariff Worries Ease
Indian shares were sharply higher in early trade on Tuesday and the rupee opened higher after U.S. President Donald Trump delayed tariffs on Mexico and Canada for a month, and said he'd hold further talks with China.
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159 days ago
Asian Markets A Sea Of Green
Asian stock markets a sea of green on Tuesday, despite the negative cues from Wall Street overnight, as traders react positively to US President Donald Trump's latest decision to delay imposing planned tariffs on Mexico and Canada after successful negotiations with the respective leaders. The tariffs could have renewed inflation fears, leading the US Fed to keep interest rates on hold for longer.
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159 days ago
Australian Market Trims Early Gains In Mid-market
The Australian market is trimming its gains in mid-market trading on Tuesday, reversing the losses in the previous session, despite the negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is above the 8,400 level, with gains across most sectors led by mining and technology stocks, after US President Donald Trump delayed the imposition of tariffs on major U.S. trading partners.
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159 days ago
Sensex, Nifty May Recover On Tariff Reprieves
Indian shares look set to open on a positive note Tuesday as investors react to the latest tariff developments and monitor foreign fund flows.
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159 days ago
Japanese Market Sharply Higher
The Japanese stock market is trading sharply higher on Tuesday, reversing the sharp losses in the previous session, despite the negative cues from Wall Street overnight, with the Nikkei 225 moving above the 39,100 level, with gains across most sectors led by index heavyweights and technology stocks, after US President Donald Trump's delayed the imposition of tariffs on major U.S. trading partners.
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159 days ago
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