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Forex News
CAC 40 Drifts Lower As Luxury Stocks Drop After LVMH Reports Drop In Earnings
French stocks are down in negative territory Wednesday morning, weighed down by losses in the luxury sector as industry major LVMH's fourt-quarter revenue fell short of expectations.
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167 days ago
European Shares Jump To Record High As Earnings Pour In
European stocks climbed to a record high on Wednesday as global markets recovered from a tech selloff sparked by concerns over the emergence of a low-cost Chinese AI model.
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167 days ago
DAX Modestly Higher As Investors Await Key Policy Decisions
German stocks are gaining modest ground in positive territory Wednesday morning as investors react to the nation's consumer confidence data, and corporate earnings updates, and await rate decisions from the Federal Reserve later in the day.
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167 days ago
Asian Shares Rise In Thin Holiday Trade As Tech Stocks Rebound
Asian stocks rose in thin trade on Wednesday, with markets in the region including China, Hong Kong, Singapore and South Korea closed for Lunar New Year holidays.
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167 days ago
Aussie Falls As Soft Australia Inflation Data Signals RBA Rate Cut
The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as softer Australian inflation data signaled a potential interest rate cut by the RBA in February.
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167 days ago
La Fiesta Brand Bread Crumbs Recalled For Undeclared Sesame
La Mirada, California-based La Fiesta Food Products, LLC, is recalling 8 oz packages of La Fiesta brand unseasoned and seasoned bread crumbs citing the presence of undeclared sesame, a known allergen, according to the U.S. Food and Drug Administration.
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167 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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167 days ago
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European Economic News Preview: German GfK Consumer Confidence Due
Consumer confidence from Germany and monetary aggregates from the euro area are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the market research GfK publishes German consumer sentiment survey results. The forward-looking consumer sentiment index is expected to rise to -20.5 in February from -21.3 in January.
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167 days ago
European Shares To Open Higher As Investors Await Cues On Fed's Policy Path
European stocks are seen opening a tad higher on Wednesday as investors look ahead to the Federal Reserve's monetary policy announcement due later in the day.
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167 days ago
Australia Inflation Softens In December
Australia's consumer price inflation eased in December to the lowest since early 2021 on falling electricity and auto fuel prices, the Australian Bureau of Statistics reported Wednesday. Consumer prices logged an annual increase of 2.4 percent in the December quarter, following a 2.8 percent rise in the preceding period. This was the lowest rate since March 2021.
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167 days ago
Sensex, Nifty Modestly Higher In Early Trade; FMCG Stocks Decline
Indian shares were modestly higher on Wednesday, tracking firm cues from global markets and amid hopes for a rate cut by the RBI next week.
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167 days ago
Asian Markets Mostly Higher In Holiday Trade
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, with most of the major markets in the region including China, Hong Kong, Singapore and South Korea closed for Lunar New Year holidays. Traders remain cautious ahead of the US Fed's interest rate decision later in the day. Asian markets closed mostly lower on Tuesday.
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167 days ago
Australian Market Extends Gains In Mid-market Moves
The Australian stock market is extending its gains in mid-market trading on Wednesday, reversing the slight losses in the previous session, with the benchmark S&P/ASX 200 is moving well above the 8,450 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by technology, energy and financial stocks.
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167 days ago
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