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Forex News
Swiss Franc Rises Against Majors
The Swiss franc climbed against its major counterparts in the New York session on Wednesday.
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64 days ago
Swiss Market Ends Nearly 1% Down
Swiss stocks opened on a weak note on Wednesday and languished in negative territory right through the day's session as investors stayed cautious ahead of the Federal Reserve and the Bank of England's monetary policy announcements, due later in the day, and on Thursday, respectively.
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64 days ago
Major European Markets Close On Weak Note After Cautious Session
The major European markets closed weak on Wednesday as investors reacted to earnings announcements, and awaited the monetary policy announcement from the Federal Reserve later in the day. The Bank of England's policy announcement is due on Thursday.
Upbeat economic data from Germany, and optimism surrounding upcoming U.S.-China trade talks helped limit markets' downside.
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64 days ago
Canadian Stocks Up Firmly In Positive Territory
The Canadian market is up firmly in positive territory a little past noon on Wednesday, lifted by gains in utilities, technology, consumer and financials sectors.
The market undertone is positive amid slightly easing tensions about tariffs ahead of U.S.-China meeting this week, and expectations that the Federal Reserve will hold interest rates unchanged.
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64 days ago
German Factory Orders Rebound Ahead Of U.S. Tariffs
Germany's factory orders grew more than expected in March as U.S. manufacturers front-loaded their orders to avoid higher tariffs, official data revealed Wednesday. Factory orders advanced 3.6 percent month-on-month in March after remaining flat in February, Destatis reported. Orders are forecast to grow 1.4 percent.
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64 days ago
Bay Street Likely To Open Higher
Canadian shares may open higher on Wednesday amid renewed hopes the U.S. and China will agree on a positive trade deal. The focus is also on the Federal Reserve's monetary policy announcement later in the day.
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64 days ago
FTSE Modestly Lower In Cautious Trade
The U.K. market is modestly lower on Wednesday as investors largely tread cautiously, digesting earnings and regional economic data, and awaiting the monetary policy announcements from the Federal Reserve and the Bank of England.
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64 days ago
more news
UK Construction Sector Continues To Shrink
The UK construction activity continued to contract in April as business uncertainty and concerns about economic outlook damped client demand, survey data from S&P Global showed on Wednesday. The construction Purchasing Managers' Index rose unexpectedly to 46.6 in April from 46.4 in March. This was the slowest decline in output levels for three months.
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64 days ago
CAC 40 Moderately Lower Ahead Of Fed Policy Announcement
French stocks are down in negative territory Wednesday morning with investors making cautious moves, reacting to earnings, and awaiting the Federal Reserve's monetary policy announcement, due later in the day.
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64 days ago
Sensex, Nifty End Slightly Higher Despite Simmering Geopolitical Tensions
Indian shares moved in a narrow range before finishing slightly higher on Wednesday amid hopes around upcoming trade talks between the United States and China.
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64 days ago
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
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64 days ago
Novo Nordisk Stock Climbs On Higher Q1 Results; Cuts FY25 Outlook
Shares of Novo Nordisk A/S were gaining around 6 percent in Denmark as well as around 7 percent in the pre-market activity on the NYSE, after the Danish drug major reported Wednesday higher profit and sales in its first quarter, mainly reflecting improved results of its blockbuster weight loss drug Wegovy. Meanwhile, the company trimmed fiscal 2025 outlook for sales and operating profit growth...
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64 days ago
DAX Down Slightly In Cautious Trade; BMW Rises On Guidance
German stocks are turning in a mixed performance in cautious trade Wednesday morning as investors react to the latest batch of economic data and earnings updates, and await the U.S. Federal Reserve's monetary policy announcement later in the day.
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64 days ago
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