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Forex News
Pound Falls As U.K. Economy Contracts For Second Straight Month
The British pound weakened against other major currencies in the European session on Friday, as the UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in achieving her self-imposed borrowing rules.
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4 days ago
Wall Street Likely To Open On Weak Note
Lower futures and escalating fears of a global trade war point to a weak start for U.S. stocks Friday morning.
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4 days ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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4 days ago
Yen Retreats Amid US-Japan Trade Uncertainty
The Japanese yen retreated from early highs against other major currencies in the European session on Friday, amid concerns on US-Japan relations in light of Trump's placement of a 25 percent tariff on Japanese exports this week, which will go into force on August 1.
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4 days ago
FTSE 100 Down 0.5% On Tariff Concerns, Weak GDP Data
U.K. stocks are down in negative territory on Friday, weighed down by disappointing GDP data, and renewed trade tensions.
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4 days ago
UK Economy Contracts For Second Straight Month
The UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in meeting her self-imposed borrowing rules. Gross domestic product fell unexpectedly by 0.1 percent in May, following a 0.3 percent drop in April, data from the Office for National Statistics revealed on Friday.
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4 days ago
CAC 40 Down More Than 1% As Trade War Concerns Hurt Sentiment
French stocks are notably lower on Friday, weighed down by losses in automobile and luxury sectors. The mood in the market is a bit bearish, in line with other major markets in Europe, amid renewed worries about tariffs.
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4 days ago
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Sensex, Nifty Decline On Tariff Worries, Weak TCS Earnings; HUL Shares Rally After CEO Change
Indian shares fell notably on Friday, with weaker-than-expected Q1 earnings from TCS and escalating global trade tensions weighing on investor sentiment.
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4 days ago
DAX Down Sharply As Stocks Tumble On Tariff Concerns
German stocks are down sharply on Friday as trade war concerns hurt sentiment following U.S. President Donald Trump imposing a 35% tariff on Canadian imports, effective August 1.
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4 days ago
Walmart Recalls 850K Ozark Trail Water Bottles
Retain giant Walmart Inc. is recalling about 850,000 Ozark Trail 64 oz Stainless Steel Insulated Water Bottles as the lid can suddenly pop off with force, causing injury, according to the U.S. Consumer Product Safety Commission. The recall includes Water Bottles sold under model number 83-662. These silver stainless-steel bottles feature a black one-piece screw-on lid.
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4 days ago
European Shares Decline As Tariff Worries Return To Haunt
European stocks fell on Friday after U.S. President Donald Trump announced a 35 percent tariff on Canadian imports, starting Aug. 1, in a dramatic escalation of a trade war with the United States' closest ally over the country's alleged role in fentanyl flows.
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4 days ago
Asian Shares Mostly Lower As Trump Ups Tariff Ante
Asian shares ended mostly lower in cautious trade on Friday after U.S. President Donald Trump announced a 35 percent tariff on Canadian goods, effective August 1, 2025, and warned of a blanket tariff of 15-20 percent on most trading partners that haven't got letters yet.
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4 days ago
Yen Retreats Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
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4 days ago
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