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Forex News
Sensex, Nifty End Lower Ahead Of US Inflation Data
Indian shares ended Tuesday's session lower, with automakers and healthcare stocks leading losses.
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579 days ago
UK Wage Growth Slows, Jobless Rate Stable At 4.2%
The UK wage growth slowed more than expected in three months to October raising expectations that the Bank of England will cut interest rates as early as next June.
Data from the Office for National Statistics showed that the unemployment rate stood at 4.2 percent in three months to October. This was unchanged from the preceding period and also matched expectations.
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579 days ago
Google Loses Antitrust Lawsuit Against Epic Games Over Play Store
A federal jury in California ruled against Alphabet Inc.'s Google in an antitrust lawsuit filed by Fortnite video game maker Epic Games, regarding its Android App Store, reports said. As per the unanimous verdict, Google's Android app store has violated antitrust laws and was illegally protected from competition in the Android app market, to secure billions of dollars in profits from its Play
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579 days ago
European Shares Rise Ahead Of US Inflation Report
European stocks were seeing modest gains on Tuesday after data showed wholesale prices in Germany fell by 3.6 percent in November compared with the same month last year.
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579 days ago
FTSE 100 Gains As Wage Growth Slows
U.K. stocks traded higher on Tuesday after official data showed British wage growth slowed more than expected in the three months to October, providing some encouragement for the Bank of England ahead of its final meeting of this year later this week.
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579 days ago
CAC 40 Edges Higher Ahead Of FOMC Meeting
French stocks traded slightly higher on Tuesday ahead of the release of U.S. consumer price inflation report later in the day and Wednesday's Fed policy decision.
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579 days ago
DAX Inches Higher In Cautious Trade
German stocks were a tad higher on Tuesday after data showed wholesale prices in the country fell by 3.6 percent in November compared with the same month last year.
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579 days ago
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Asian Shares Gain In Cautious Trade
Asian stocks rose broadly on Tuesday, the dollar eased, gold ticked higher and Treasury yields held steady as investors awaited cues from key U.S. CPI report later in the day and the Federal Reserve's rate decision on Wednesday.
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579 days ago
Antipodean Currencies Rise Amid Risk Appetite
The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, as Asian stock markets traded higher, following the broadly positive cues from Wall Street overnight, amid optimism the U.S. Fed could resort to cutting interest rates as soon as March 2024.
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579 days ago
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Tuesday.
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579 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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579 days ago
European Economic News Preview: UK Unemployment Data Due
Unemployment from the UK and economic sentiment from Germany are the major economic reports due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK unemployment data for October. The jobless rate is forecast to remain unchanged at 4.2 percent in three months to October.
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579 days ago
European Shares Seen Steady At Open
European stocks may open on a firm note Tuesday, though overall gains are likely to remain capped ahead of the release of U.S. consumer price inflation report later in the day and Wednesday's Fed policy decision.
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579 days ago
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