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Forex News
UK Labor Market Cools Down In Q1
The UK unemployment rate edged up and wage growth softened in the first quarter ahead of the rise in payroll taxes, official data revealed on Tuesday. The unemployment rate rose to 4.5 percent in the three months to March, in line with expectations, from 4.4 percent in the three months to February, the Office for National Statistics reported.
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60 days ago
FTSE 100 Modestly Higher In Cautious Trade
U.K. stocks are up in positive territory a little past noon on Tuesday, although gains are just modest as investors make cautious moves, choosing to wait for more news on the economic as well as trade front.
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60 days ago
CAC 40 Up Slightly In Lackluster Trade
French stocks are turning in a mixed performance on Tuesday, and the benchmark CAC 40 is moving along the flat line as investors are largely making cautious moves after previous session's solid upmove.
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60 days ago
DAX Up Marginally In Cautious Trade; Bayer Rises Nearly 9%
German stocks are moving in a tight range on Tuesday with investors largely making cautious moves, after a solid session on Monday thanks to news about U.S. and China striking a trade deal. Investors are digesting the data on German investor sentiment, and the latest batch of corporate earnings updates.
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60 days ago
Sensex, Nifty Tumble After Monday's Ceasefire Rally
Indian shares tumbled on Tuesday, a day after benchmark indexes Sensex and Nifty recorded their sharpest rally in over four years, following a tentative ceasefire between India and Pakistan over the weekend.
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60 days ago
German ZEW Investor Confidence Rebounds In May
German investor confidence rebounded in May as the formation of new government as well as the progress in the tariff disputes strengthened expectations, a survey published by the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment climbed sharply by 39.2 points to 25.2 in May. However, the assessment about the current economic situation remained deep in the negative terri
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60 days ago
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Tuesday.
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60 days ago
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European Shares Extend Gains For Fourth Day; US Inflation Report Eyed
European stocks were flat to slightly higher on Tuesday, extending gains for a fourth day running amid signs of progress in U.S.-China trade talks.
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60 days ago
Asian Shares Mixed In Cautious Trade; US Inflation Data Eyed
Asian stocks ended mixed on Tuesday as initial euphoria over the U.S.-China trade deal faded and investors lowered their bets of Federal Reserve rate cuts this year.
Uncertainty still lingered and there was apprehension over whether anything durable would come out of the trade talks after a 90-day halt.
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60 days ago
Antipodean Currencies Rise On US-China Trade Deal Impact
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, amid easing fears of a prolonged trade global war after news that the U.S. and China have agreed to drastically reduce the massive tariffs on each other's goods by 115 percent while retaining an additional 10 percent tariff.
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60 days ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
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60 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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60 days ago
Australia NAB Business Confidence Rises, Conditions Fall
Australia business confidence improved in April, while conditions deteriorated due to weaker profitability, survey results from NAB showed on Tuesday. The business confidence index rose to -1 in April from -3 in March but remained negative. Confidence by industry was mixed, with a significant increase in confidence in manufacturing and smaller increases in wholesale, construction, and finance.
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60 days ago
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