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Forex News
CAC 40 Down Marginally In Lackluster Trade
French stocks are down on Tuesday, extending recent losses, as a downgrade revision in global growth forecast by the Organization for Economic Co-operation and Development (OECD), and continued uncertainty about Trump administration's tariff moves weigh on sentiment.
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35 days ago
German Stocks Up Marginally After Mild Setback
The German market, which retreated after a positive start Tuesday morning, recovered some lost ground subsequently, but remains a bit subdued, amid concerns about global economic growth due to Trump administration's uncertain trade policies.
A downward revision in global growth forecast by OECD, and news about the collapse of the Deutsche Government are weighing on sentiment.
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35 days ago
Sensex, Nifty Extend Declines For Third Day
Indian shares fell sharply on Tuesday, extending losses for a third straight session due to heightened geopolitical and trade tensions.
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35 days ago
Yen Rises Amid Risk-off Mood
The Japanese yen strengthened against other major currencies in the European session on Tuesday, as European shares traded lower as trade tensions persisted, and investors looked ahead to the European Central Bank's policy meeting later in the week.
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35 days ago
FDA Unveils Generative AI Tool Elsa To Improve Efficiency
The U.S. Food and Drug Administration announced the launch of Elsa, a generative Artificial Intelligence or AI tool, with a view to modernize agency functions to optimize performance. Elsa, which is built within a high-security GovCloud environment, offers a secure platform for the FDA employees to access internal documents while ensuring all information remains within the agency.
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35 days ago
European Shares Decline As OECD Slashes Global Growth Forecast
European shares traded lower on Tuesday as trade tensions persisted, and investors looked ahead to the European Central Bank's policy meeting later in the week.
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35 days ago
Asian Shares Mixed In Cautious Trade
Asian stocks ended mixed on Tuesday despite the White House flagging imminent trade talks with China and calling for best-offer proposals from trade partners to fast-track trade negotiations.
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35 days ago
more news
Antipodean Currencies Slide As China Manufacturing Activity Contracts
The antipodean currencies such as the Australia and the New Zealand dollars weakened against other major currencies in the Asian session on Tuesday, after China's manufacturing activity contracted for the first time in eight months in May as the rise in US trade tariff damped export orders.
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35 days ago
China Manufacturing Activity Contracts For First Time In 8 Months
China's manufacturing activity contracted for the first time in eight months in May as the rise in US trade tariff damped export orders, survey results from S&P Global showed on Tuesday. The Caixin manufacturing Purchasing Managers' Index unexpectedly fell to 48.3 in May, down from 50.4 in April. The score was seen at 50.8.
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35 days ago
European Economic News Preview: Eurozone Inflation Data Due
Flash inflation and unemployment from the euro area are the top economic news due on Tuesday. At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss inflation data. Consumer prices are forecast to rise 0.2 percent in May compared to no change in April. At 3.00 am ET, unemployment data is due from Spain.
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35 days ago
European Shares Seen Higher At Open
European stocks may open slightly higher on Tuesday after reports emerged that U.S. President Donald Trump will speak with his Chinese counterpart Xi Jinping -- possibly this week --to address tariff disputes and improve relations.
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35 days ago
FSIS Warns Against Not-Ready-To-Eat Ham Croquette Product
The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert against Croquetas La Mary LLC's frozen not-ready-to-eat ham croquette product citing misbranding and undeclared allergens. The product contains soy and sesame, known allergens, which are not declared on the product label.
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35 days ago
Sensex, Nifty Subdued In Early Trade
Indian shares were subdued on Tuesday, extending losses for a third straight session amid rising geopolitical and trade tensions.
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35 days ago
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