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Forex News
FTSE 100 Subdued On Growth Worries
U.K. stocks were muted on Monday amid growth worries after official data showed the downturn in euro zone business activity accelerated last month.
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566 days ago
Indonesia GDP Growth At 2-Year Low
Indonesia's economic growth weakened to a two-year low in the third quarter on falling government spending and exports, official data revealed on Monday. Gross domestic product grew 4.94 percent year-on-year in the third quarter but slower than the 5.17 percent expansion posted in the second quarter, Statistics Indonesia reported. This was the weakest expansion since the third quarter of 2021.
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566 days ago
CAC 40 Struggles For Direction In Lackluster Trade
French stocks struggled for direction on Monday after posting strong gains last week on expectations the Federal Reserve is done raising interest rates.
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566 days ago
DAX Little Changed As Factory Orders Rise
German stocks were little changed on Monday after posting strong gains last week on dovish Fed bets.
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566 days ago
Asian Shares Extend Gains On Optimism Over Fed Outlook
Asian stocks rose for a fourth straight session on Monday and the dollar hovered near six-week lows as weak U.S. jobs and service sector activity data released on Friday helped ease worries about further rate hikes by the Federal Reserve.
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566 days ago
German Residential Construction Order Cancellations Climb To New High: Ifo
Cancellations of residential construction projects in Germany rose to a new high in October as housing demand weakened further, results of survey by the ifo institute showed Monday, adding to signs of recession in the biggest euro area economy. The share of companies that reported canceled projects rose to 22.2 percent from 21.4 percent in the previous month.
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566 days ago
Elon Musk Launches AI Chatbot Grok
Elon Musk's new AI venture xAI has unveiled its first artificial intelligence or AI chatbot technology named Grok, that competes with OpenAI's highly popular Generative AI ChatGPT. Grok is claimed to help quickly access relevant information, process data, and come up with new ideas. In a post on X, formerly Twitter, Musk said, "Grok has real-time access to info via the platform, ..."
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566 days ago
more news
European Economic News Preview: Germany Factory Orders Data Due
Factory orders from Germany and final Purchasing Managers' survey results from the euro area are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to release Germany's factory orders data for September. Orders are forecast to fall 1.0 percent on month, in contrast to the 3.9 percent increase in August.
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566 days ago
European Shares Poised For Mixed Open
European stocks may open on a mixed note on Monday amid easing U.S. rate concerns and reports of heavy bombardment going on throughout the night across Gaza.
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566 days ago
Yen Falls Amid Risk Appetite, Fed Rate Optimism
The Japanese yen weakened against other major currencies in the Asian session on Monday, as another set of weak U.S. economic data added to investor optimism that the Fed is done hiking interest rates.
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566 days ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday.
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566 days ago
Tyson Recalls Fully Cooked Chicken Fun Nuggets
Tyson Foods, Inc. is recalling around 29,819 pounds of frozen, fully cooked chicken "Fun Nuggets" sold to retailers for possible contamination with extraneous materials, specifically metal pieces, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS.
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566 days ago
Sensex, Nifty Open Higher On Fed Rate Optimism
Indian shares opened on a positive note Monday as another set of weak U.S. economic data added to investor optimism that the Fed is done hiking interest rates.
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566 days ago
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