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Forex News
Swiss Shares Follow Europe Lower
The Swiss stock market was down again on Tuesday, spending the entire session under water and tracking the major European bourses to the downside.
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17 days ago
European Shares Slump On Iran Concerns
European stocks dropped on Tuesday after U.S. President Donald Trump urged residents of Tehran to 'immediately evacuate,' signaling potential escalation of the conflict.
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17 days ago
U.S. Homebuilder Confidence Unexpectedly Slips To Five-Year Low In June
Homebuilder confidence in the U.S. has unexpectedly seen a continued deterioration in the month of June, the National Association of Home Builders revealed in a report released on Tuesday.
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17 days ago
U.S. Industrial Production Unexpectedly Dips 0.2% In May
Industrial production in the U.S. unexpectedly saw a modest decrease in the month of May, according to a report released by the Federal Reserve on Tuesday. The Fed said industrial production dipped by 0.2 percent in May following a revised 0.1 percent uptick in April.
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17 days ago
U.S. Import Prices Unchanged In May
With a steep drop in prices for fuel imports offset by an increase in prices for non-fuel imports, the Labor Department released a report on Tuesday showing U.S. import prices were unchanged in the month of May.
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17 days ago
U.S. Retail Sales Slump 0.9% In May, More Than Expected
The Commerce Department released a report on Tuesday showing U.S. retail sales decreased by more than expected in the month of May. The report said retail sales slid by 0.9 percent in May after edging down by a revised 0.1 percent in April. Economists had expected retail sales to decline by 0.6 percent compared to the 0.1 percent uptick originally reported for the previous month.
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17 days ago
Amazon Doubles Prime Day Event, Starting July 8 Through 11
E-commerce giant Amazon has announced Prime Day Event, its biggest deal event, with millions of exclusive deals for Prime Members, starting July 8 through July 11. Prime Day, traditionally a 2-day event, has now been doubled to 4 days for the first time. The 96-hours Prime Day offers Amazon's best deals of the season, including deals across more than 35 categories from fashion and beauty to groce
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17 days ago
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U.S. Retail Sales Fall More Than Expected In May
The Commerce Department released a report on Tuesday showing U.S. retail sales decreased by more than expected in the month of May.
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17 days ago
Riksbank To Cut Policy Rate Twice This Year To 1.75%, Swedish Think Tank NIER Says
Sweden's central bank is set to lower interest rates twice this year due to the economic downturn and subdued inflation outlook, the National Institute of Economic Research said on Tuesday as it lowered the growth forecast for the economy.
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17 days ago
Middle East Tensions Dampen FTSE 100
With the Israel-Iran conflict raging unabated, sentiment weakened broadly, dragging down the FTSE 100 benchmark of the London Stock Exchange.
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17 days ago
CAC 40 Drops As Middle East Tensions Weigh
Amidst broadly negative sentiment attributed to the escalating tensions in the Middle East, the CAC 40 index that tracks the 40 largest French stocks based on the Euronext Paris has shed around a percent. The CAC 40 had recorded strong gains on Monday.
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17 days ago
German Economic Sentiment Strengthens In June
Investor confidence in Germany improved more than expected in June underpinned by rising consumer demand and spending plans of the new government, a monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment surged to a three-month high of 47.5 in June from 25.2 in the previous month. The score was seen at 34.8.
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17 days ago
Sensex Drops Over 200 Points On Mideast Tensions; Nifty Nears 24,850
Indian shares ended Tuesday's session modestly lower as the conflict between Israel and the Islamic republic raged and U.S. President Donald Trump called for the immediate evacuation of Tehran, signaling potential escalation of the conflict.
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18 days ago
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