Forex News

Bay Street Seen Opening On Mixed Note

Canadian shares are likely to open on a mixed note on Wednesday, tracking positive cues from European markets, and reacting to reports about U.S. President Donald Trump's plans to discuss a potential tariff on goods imported to the U.S. by China via Mexico and Canada.
RTTNews | 231 days ago
UK Budget Deficit Surges On Interest Payments

UK Budget Deficit Surges On Interest Payments

The UK budget deficit more than doubled in December largely due to interest payments, highlighting the challenges faced by Chancellor Rachel Reeves amid high borrowing costs and weaker economic growth. Public sector net borrowing increased GBP 10.1 billion from the last year to GBP 17.8 billion in December, the Office for National Statistics said Wednesday.
RTTNews | 231 days ago
Malaysia Central Bank Holds Key Interest Rate Steady At 3%

Malaysia Central Bank Holds Key Interest Rate Steady At 3%

Malaysia's central bank left its benchmark interest rate unchanged on Wednesday as policymakers expect the economy to sustain growth and inflation to remain manageable. The Monetary Policy Committee of Bank Negara Malaysia, led by Governor Abdul Rasheed Ghaffour decided to maintain the Overnight Policy Rate at 3 percent, as widely expected.
RTTNews | 231 days ago
Sensex, Nifty Rebound Led By IT Stocks

Sensex, Nifty Rebound Led By IT Stocks

Indian shares ended notably higher on Wednesday, after having fallen sharply in the previous session due to concerns over U.S. President Trump's tariff stance, weak corporate earnings and continued foreign fund outflows.
RTTNews | 231 days ago
FTSE 100 Extends Recent Gains

FTSE 100 Extends Recent Gains

U.K. stocks are extending gains to a seventh straight session as positive moves in other European markets help underpin sentiment on Wednesday. Worries about potential trade tariffs by the Trump Administration and their impact on growth weigh a bit and limit market's gains.
RTTNews | 231 days ago
CAC 40 Rises To Near 7-month High

CAC 40 Rises To Near 7-month High

French stocks are up in positive territory Wednesday morning, tracking positive cues from other markets in Europe, amid hopes the European Central Bank will lower interest rate, and that there will be a couple of interest rate cuts by the Federal Reserve this year. Concerns about imposition of trade tariffs by the Trump administration weigh a bit, limiting market's upside.
RTTNews | 231 days ago
DAX Rises On Rate Cut Hopes, Adidas' Upbeat Results

DAX Rises On Rate Cut Hopes, Adidas' Upbeat Results

Despite lingering concerns about potential trade tariffs, German stocks are up firmly in positive territory Wednesday morning, reacting to upbeat earnings updates from Adidas, and U.S. President Donald Trump's announcement of a big investment in AI infrastructure in the United States.
RTTNews | 231 days ago
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Netflix Stock Gains On Upbeat Q4, Bullish Guidance

Netflix Stock Gains On Upbeat Q4, Bullish Guidance

Netflix Inc.'s shares gained around 14 percent in the after-hours trading on Tuesday and are currently up 14 percent in the pre-market activity, as the streaming video giant issued positive outlook for its first quarter and lifted fiscal 2025 view. The fourth-quarter earnings beat market estimates with significant growth. The results and outlook mainly reflected 19 million net additions...
RTTNews | 231 days ago
Pound Slides Amid BoE Rate Cut Speculation

Pound Slides Amid BoE Rate Cut Speculation

The British pound weakened against other major currencies in the Asian session on Wednesday, as traders speculate a rate cut by the Bank of England (BoE) in February.
RTTNews | 231 days ago
Asian Shares Mixed Amid Trump's Tariff Threats

Asian Shares Mixed Amid Trump's Tariff Threats

Asian stocks ended mixed on Wednesday, with Chinese and Hong Kong markets falling sharply after U.S. President Donald Trump threatened tariffs on the EU and China to address trade imbalances and combat fentanyl trafficking.
RTTNews | 231 days ago
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 231 days ago
Yen Falls As Asian Stock Markets Traded Higher

Yen Falls As Asian Stock Markets Traded Higher

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as Asian stock markets traded higher following the broadly positive cues from global markets overnight, as optimism about a few interest rate cuts by the U.S. Fed this year, and a drop in global bond yields. Markets in China and Hong Kong were down as the U.S. administration was discussing a 10 tariff against China and said tariffs on China could hinge on a deal over TikTok's ownership.
RTTNews | 231 days ago

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