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Forex News
European Shares Extend Gains Boosted By China Data
European stocks rallied on Friday after the European Central Bank signaled that Thursday's rate hike could be the last hike in the current cycle.
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666 days ago
FTSE 100 Gains On Improved China Data
U.K. stocks hit four-month highs on Friday after China reported improved economic data for August and the People's Bank of China said it would cut the amount of cash that banks must hold as reserves.
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666 days ago
China Industrial Output, Retail Sales Growth Tops Expectations
China's industrial production and retail sales growth accelerated more than expected in August as the stimulus measures are beginning to underpin the nascent recovery, but the downturn in the property market continued dimming the growth prospects. Industrial production posted a faster annual increase of 4.5 percent, the National Bureau of Statistics reported.
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666 days ago
CAC 40 Climbs After ECB's Dovish Rate Hike
French stocks advanced on Friday after the European Central Bank signalled that Thursday's rate hike could be the last hike in the current cycle. Improved retail sales and industrial production data from China also boosted sentiment.
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666 days ago
DAX Rallies On China Optimism
German stocks rallied on Friday after China reported improved economic data and the People's Bank of China said that it was cutting the amount of cash that banks need to have on hand by 25 basis points. It was the second reserve requirement ratio cut this year since one in March.
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666 days ago
Asian Shares Rise On China Data, Stimulus
Asian stocks advanced on Friday as investors cheered strong economic data from the U.S. and China as well as signs that the world's biggest central banks may soon end their tightening campaigns.
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666 days ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Friday.
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666 days ago
more news
UAW Strike Begins At Big Three As Deadline Ends
United Auto Workers or UAW members have started their Stand Up Strike at three key plants of Detroit's Big Three as the deadline passed for automakers to reach deals with the workers. Just after midnight Friday, the union said in a post on X, "The UAW Stand Up Strike begins at all three of the Big Three," that is, Ford, General Motors, and Chrysler.
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666 days ago
Commodity Currencies Rise On Upbeat China Data
Commodity currencies such as the Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Friday, after China reported industrial production and retail sales figures for August that topped forecasts.
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666 days ago
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Friday.
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666 days ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Friday.
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666 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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666 days ago
European Economic News Preview: Eurozone Foreign Trade Data Due
Foreign trade data from the euro area is the top economic news due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway releases external trade data for August. At 2.45 am ET, final consumer price inflation figures are due from France. The initial estimate showed that consumer price inflation rose to 4.8 percent in August from 4.3 percent in July.
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667 days ago
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