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Forex News
European Stocks Close Lower On Growth Worries, Interest Rate Concerns
European stocks closed weak after a choppy session on Wednesday, as persisting concerns about high interest rates, inflation, and economic slowdown rendered the mood cautious.
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652 days ago
Canadian Dollar Strengthens As Oil Prices Rise
The Canadian dollar climbed against its major counterparts in the European session on Wednesday, as oil prices advanced even as industry data showed U.S. crude oil stockpiles rose in the just-ended week, against expectations for a small drop.
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652 days ago
Nektar, Cellular Biomedicine Enter New Clinical Study Collaboration
Nektar Therapeutics (NKTR) announced Wednesday that it has entered into a new clinical study collaboration with Cellular Biomedicine Group Inc. (CBMG).
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653 days ago
U.S. Durable Goods Orders Unexpectedly Rebound 0.2% In August
After reporting a sharp pullback in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Wednesday unexpectedly showing a modest rebound in durable goods orders in the month of August. The Commerce Department said durable goods orders crept up by 0.2 percent in August after plunging by a revised 5.6 percent in July.
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653 days ago
Eurozone Money Supply Logs Record Fall; Bank Lending Growth Weakens
Eurozone money supply registered its biggest fall on record and bank lending grew at a much slower pace in August amid tightening monetary policy and weak economic activity, data published by the European Central Bank showed on Wednesday. The M3 money supply posted an annual decline of 1.3 percent, following July's 0.4 percent fall. This was the biggest fall on record.
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653 days ago
U.S. Durable Goods Orders Unexpectedly Edge Higher In August
A report released by the Commerce Department on Wednesday unexpectedly showed a modest rebound in new orders for U.S. manufactured durable goods in the month of August.
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653 days ago
Dollar Little Changed After U.S. Durable Goods Orders
U.S. durable goods orders for August have been published at 8.30 am ET Wednesday. After the data, the greenback changed little against its major counterparts.
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653 days ago
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Dollar Appreciates Ahead Of U.S. Durable Goods Orders
U.S. durable goods orders for August are due at 8.30 am ET Wednesday. Ahead of the data, the greenback firmed against its major counterparts.
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653 days ago
Pound Rises Against Most Majors
The pound advanced against its most major counterparts in the European session on Wednesday.
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653 days ago
Bay Street Likely To Open Higher On Firm Oil Prices
The Canadian market may open higher on Wednesday with energy stocks finding support on firm crude oil prices. The overall mood is likely to remain cautious as investors await more economic data amid persisting worries about inflation and interest rates.
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653 days ago
Thai Central Bank Hikes Rate By 25 Bps
Thailand's central bank lifted its key interest rate by another quarter point to the highest level in a decade and hinted that rates are unlikely to be raised again as inflation remains below target. The Monetary Policy Committee of the Bank of Thailand unanimously voted to raise the benchmark rate to 2.50 percent from 2.25 percent.
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653 days ago
Sensex, Nifty Reverse Early Losses To End Higher
Indian shares reversed early losses to end modestly higher on Wednesday, tracking gains in European markets and higher U.S. stock futures.
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653 days ago
German Consumer Confidence Set To Weaken Further
Germany's consumer confidence is set to erode again in October, as households turned more cautious on spending amid persistently high inflation and little chance of improvement in the economic outlook, resulting in a sharp rise in their saving intentions, results of the monthly survey by the market research group GfK showed Wednesday.
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653 days ago
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