Forex News

DAX Rallies On Dovish Fed Remarks

German stocks rose sharply on Tuesday as dovish comments from U.S. Federal Reserve policymakers outweighed concerns over the conflict in the Middle East.
RTTNews | 635 days ago
Antipodean Currencies Rise As Asian Shares Traded Higher

Antipodean Currencies Rise As Asian Shares Traded Higher

Antipodean currencies such as the Australia and the New Zealand currencies strengthened against their major counterparts in the Asian session on Tuesday, as traders took note of U.S. Fed Vice Chair Philip Jefferson stating the central bank needs to "proceed carefully to balance the risk of tightening too much." However, the fresh geopolitical crisis in the Middle East is weighing on market sentiment.
RTTNews | 635 days ago
European Economic News Preview: IMF To Release World Economic Outlook

European Economic News Preview: IMF To Release World Economic Outlook

The International Monetary Fund is set to release the World Economic Outlook with latest analysis and economic projections on Tuesday. Chief Economist Pierre-Olivier Gourinchas is set to present global growth projections and key policy recommendations at 4.00 AM ET / 9.00 AM GMT+1. The IMF holds its 2023 annual meetings in the Moroccan city of Marrakech.
RTTNews | 635 days ago
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Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Taking the broadly positive cues from Wall Street overnight, the Asian stock markets are trading mostly higher, as traders took note of US Fed Vice Chair Philip Jefferson stating the central bank needs to "proceed carefully to balance the risk of tightening too much." However, the fresh geopolitical crisis in the Middle East is weighing on market sentiment. Asian markets closed mixed on Monday.
RTTNews | 635 days ago
Japanese Market Sharply Higher In Post-holiday Trading

Japanese Market Sharply Higher In Post-holiday Trading

In post-holiday trading, the Japanese stock market is sharply higher on Tuesday, recouping the losses in the previous session, with the Nikkei 225 surging above the 31,700 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 635 days ago
Thai Bourse Poised To Halt Losing Streak

Thai Bourse Poised To Halt Losing Streak

The Thai stock market has moved lower in back-to-back sessions, sinking more than 20 points or 1.4 percent along the way. The Stock Exchange of Thailand now sits just above the 1,430-point plateau although it may stop the bleeding on Tuesday.
RTTNews | 635 days ago
Indonesia Shares May See Additional Support On Tuesday

Indonesia Shares May See Additional Support On Tuesday

The Indonesia stock market has moved higher in consecutive trading days, picking up more than 15 points or 0.2 percent along the way. The Jakarta Composite Index now rests just above the 6,890-point plateau and it's tipped to open in the green again on Tuesday.
RTTNews | 635 days ago

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