Forex News

DAX Pares Some Gains After Hitting New High

The German market has climbed to a fresh record high on Monday with stocks moving up sharply, buoyed by the positive developments on the trade front. Following negotiations in Switzerland over the weekend, the U.S. and China struck a deal over the weekend to suspend tariffs for 90 days and slash rates going forward.
RTTNews | 60 days ago
Sensex, Nifty Soar Nearly 4% On India-Pak Ceasefire

Sensex, Nifty Soar Nearly 4% On India-Pak Ceasefire

Indian shares rallied on Monday, with benchmark indexes Sensex and Nifty posting their best intraday session since June 5 last year, as easing geopolitical and trade tensions helped increase investors' appetite for risk.
RTTNews | 60 days ago
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Antipodean Currencies Rise, Yen Slides Amid US-China Trade Optimism

Antipodean Currencies Rise, Yen Slides Amid US-China Trade Optimism

The antipodean currencies such as the Australian and New Zealand dollars strengthened against their major currencies in the Asian session on Monday, amid optimism about a potential U.S.-China trade deal after U.S. Treasury Secretary Scott Bessent confirmed that a trade deal has been struck with China following the weekend talks in Switzerland, with no more details offered. Meanwhile, the safe-haven Japanese yen weakened against its major counterparts in the Asian trading on optimism over a US-China trade deal.
RTTNews | 60 days ago
UK Recruitment Activity Remains Weak In April

UK Recruitment Activity Remains Weak In April

UK recruitment activity remained weak at the start of the second quarter as demand for staff deteriorated amid the rise in the salary inflation due to the increases in the national minimum and living wage rates, a report compiled by S&P Global showed Monday. Permanent staff appointments declined further amid reports of weak employer confidence and tighter hiring budgets.
RTTNews | 60 days ago
Sensex, Nifty Rally As Border Tensions Ease

Sensex, Nifty Rally As Border Tensions Ease

Indian shares were sharply higher in early trade on Monday as investors reacted to easing Indo-Pak tensions and positive indications coming from China-U.S. trade talks.
RTTNews | 60 days ago
Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Monday.
RTTNews | 60 days ago

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