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Forex News
European Stocks Close Notably Lower
European stocks closed notably lower on Friday, hurt by some disappointing regional economic data, and concerns about the outlook for interest rates after hawkish comments from officials from Federal Reserve, the Bank of England and European Central Bank.
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610 days ago
Canadian Stocks Subdued In Cautious Trade
Canadian stocks are subdued on Friday with investors largely reacting to earnings reports and tracking the trend in commodity markets.
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610 days ago
U.S. Consumer Sentiment Drops To Six-Month Low In November
Preliminary data released by the University of Michigan on Friday showed consumer sentiment in the U.S. has deteriorated by much more than expected in the month of November. The consumer sentiment index decreased for the fourth consecutive month, falling to its lowest level since May.
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610 days ago
Canadian Dollar Drops Against Majors
The Canadian dollar weakened against its major counterparts in the European session on Friday.
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610 days ago
Bay Street Likely To Open Weak
Canadian shares may open on a negative note on Friday, hurt by hawkish comments from Federal Reserve, Bank of England and European Central Bank officials, and lower metal prices.
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611 days ago
Pound Declines As European Shares Slip On Rate Hike Worries
The pound fell against its major counterparts in the European session on Friday, as Fed Chair Jerome Powell's cautious comments on the rate hike path dashed expectations of a peak in U.S. interest rates.
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611 days ago
Indian Rupee Off Record Low Against U.S. Dollar
The Indian rupee rebounded from a record low against the U.S. dollar in the evening session on Friday.
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611 days ago
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Allianz Q3 Profit Down, Backs FY23 View; Stock Up
German financial services major Allianz SE reported Friday weak profit in its third quarter, despite higher revenues. The company further confirmed its fiscal 2023 outlook. Shares of Allianz were gaining more than 2 percent in the morning trading in Germany.
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611 days ago
Sensex, Nifty End Modestly Higher After Fag-end Buying
Indian shares reversed course to end slightly higher on Friday despite weak cues from Asian and European markets.
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611 days ago
European Shares Slip Into Red On Rate Hike Worries
European stocks fell on Friday as hawkish comments from Fed, ECB and BoE officials dented hopes that interest rate hikes are finished.
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611 days ago
UK Economy Stalls In Q3 As High Inflation Hurts
The UK economic output stagnated in the third quarter as higher interest rates damped spending and investment, though the economy likely escaped a recession this year. Gross domestic product posted nil growth in the third quarter after expanding 0.2 percent in the preceding period, data from the Office for National Statistics revealed. The result was better than the expected fall of 0.1 percent.
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611 days ago
FTSE 100 Declines As GDP Flatlines In Q3
U.K. stocks fell sharply on Friday after data showed the U.K. economy failed to grow between July to September but avoided the start of a recession.
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611 days ago
CAC 40 Slides As Hopes Of Rate Cuts Fade
French stocks declined on Friday as a jump in bond yields following hawkish comments from Fed and ECB officials weighed on investors' appetite for risk.
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611 days ago
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