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Forex News
New Zealand Q4 Current Account Deficit NZ$5.9 Billion
New Zealand posted a seasonally adjusted current account deficit of NZ$5.9 billion in the fourth quarter of 2024, Statistics New Zealand said on Wednesday.
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66 days ago
Japan Rate Decision Due On Wednesday
The Bank of Japan will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, headlining a busy day for Asia-Pacific economic activity. The BoJ is widely expected to keep its benchmark lending rate unchanged at 0.50 percent.
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66 days ago
Dollar Stays Weak Ahead Of Fed Policy
The U.S. dollar turned in a weak performance against most of its major counterparts on Tuesday as traders tracked the developments on the geopolitical front, digested a slew of economic data, and looked ahead to monetary policy meetings of major central banks, including the Federal Reserve.
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66 days ago
TSX Ends Moderately Lower After CPI Data
The Canadian market ended modestly lower on Tuesday as hot inflation data, and growth worries due to Trump's tariffs weighed on sentiment. Also, investors stayed cautious ahead of the Federal Reserve's monetary policy announcement, due on Wednesday.
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66 days ago
Canadian Market Remains Weak After Hot Inflation Data
Despite coming off the day's lows, the Canadian market continues to languish in negative territory Tuesday afternoon and looks set to end the session on a weak note.
Hot inflation data, and worries about tariffs and economic outlook weigh on sentiment.
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66 days ago
Canadian Dollar Falls Against Most Majors
The Canadian dollar declined against its most major counterparts in the New York session on Tuesday.
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66 days ago
Swiss Market Ends Slightly Up
The Switzerland market failed to hold early gains and settled just marginally up on Tuesday, due to some brisk selling at a few frontline counters in the final hour of the day's session.
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66 days ago
more news
European Markets Close On Firm Note After Germany's Spending Plan Vote
European stocks closed on a firm note on Tuesday, after Germany's Bundestag approved a crucial fiscal package, with 513 votes going in favor of the bill, and 207 votes disapproving the bill.
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66 days ago
Pound Drops Against Most Majors
The pound weakened against its most major counterparts in the New York session on Tuesday.
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66 days ago
U.S. Industrial Production Climbs 0.7% In February, Much More Than Expected
The Federal Reserve released a report on Tuesday showing industrial production in the U.S. increased by much more than expected in the month of January. The report said industrial production climbed by 0.7 percent in February after climbing by a downwardly revised 0.3 percent in January.
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66 days ago
U.S. Import, Export Prices Unexpectedly Increase In February
A report released by the Labor Department on Tuesday showed an unexpected increases by U.S. import and export prices in the month of February. The Labor Department said import prices climbed by 0.4 percent in February, matching an upwardly revised increase in January.
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66 days ago
Fraport Stock Up On Growth In FY24 Results, Positive EBITDA Outlook
Shares of Fraport AG were gaining around 2 percent in German trading after the airport operator reported Tuesday higher profit in its fiscal 2024 as revenues were benefited by increased traffic volumes and prices at Frankfurt Airport and across its international network of airports. Looking ahead, for fiscal 2025, Fraport projects Group profit at previous year's level or slightly below.
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66 days ago
U.S. Housing Starts Spike 11.2% In February, Much More Than Expected
New residential construction in the U.S. rebounded by much more than anticipated in the month of February, according to a report released by the Commerce Department on Tuesday. The Commerce Department said housing starts spiked by 11.2 percent to an annual rate of 1.501 million in February after plunging by 11.5 percent to a revised rate of 1.350 million in January.
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66 days ago
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