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Forex News
Swiss Market Ends Notably Lower
The Switzerland market ended notably lower on Friday as uncertainty about Trump administration's tariff decisions and a few disappointing earnings updates weighed on sentiment.
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2h 26min ago
European Stocks Close Lower On Trade Deal Concerns, Some Weak Earnings Updates
European stocks closed broadly lower on Friday, weighed down by concerns about the progress of trade negotiations, and some disappointing earnings updates. Investors also digested a slew of economic data from the region.
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2h 58min ago
Russia Slashes Interest Rates Again On Easing Price Pressures
Russia's central bank lowered the key interest rate massively for a second policy session in a row on Friday after policymakers assessed that inflationary pressures are declining and the economy is on a return to balanced growth.
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6h 0min ago
Bay Street Seen Opening With Negative Bias
Canadian shares are likely to open with a slightly negative bias Friday morning, weighed down by uncertainty about tariffs, and lower bullion prices.
Investors are also likely to react to earnings updates. The market is likely to move in a tight range for much of the day's trading session.
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7h 9min ago
UK Retail Sales Rebound As Warm Weather Boosts Spending
UK retail sales recovered in June as warm weather boosted consumer spending but consumer sentiment weakened amid fears of possible tax rate hikes, data showed Friday. Retail sales grew 0.9 percent on a monthly basis, in contrast to the revised 2.8 percent drop in May, the Office for National Statistics reported. However, this was weaker than economists' forecast of 1.2 percent gain.
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7h 27min ago
FTSE 100 Sheds Ground After Six-day Winning Streak
After posting gains in the previous six sessions, the U.K. market is down in negative territory on Friday with data showing a less than expected increase in retail sales, and a drop in consumer sentiment weighing on stocks.
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7h 40min ago
Volkswagen Stock Up On Volume Growth, Despite Weak Q2 Profit, Outlook Cut
Shares of Volkswagen Group were gaining around 4 percent in the German trading after the automajor reported Friday slightly higher sales volume in the second quarter, even though profit and revenues were lower and the firm trimmed fiscal 2025 outlook. The latest results were hit partly by higher sales of lower-margin all-electric models, as well as increased US import tariffs and restructuring...
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9h 5min ago
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CAC 40 Pares Early Losses, Up Marginally
French stocks are a bit subdued in cautious trade on Friday amid a few disappointing earnings updates, and some uncertainty about U.S.-EU trade deal ahead of the August 1 deadline.
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9h 15min ago
Pound Falls As U.K. Retail Sales Rise Less-than-expected
The British pound weakened against most major currencies in the European session on Friday, as U.K. retail Sales grew at a slower-than-expected pace in June.
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9h 25min ago
Pound Falls Against Majors
The British pound weakened against most major currencies in the European session on Friday.
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9h 40min ago
DAX Drifts Lower As Investors Await Progress On Trade Front
German stocks are notably lower on Friday as investors react to a slew of corporate earnings announcements, and closely follow the developments on the trade front.
European Union officials are voicing optimism about a possible trade deal with the United States, but U.S. President Donald Trump's position is seen to have hardened ahead of the August 1 deadline.
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9h 44min ago
Yen Falls As Tokyo CPI Inflation Slows
The safe-haven Japanese yen weakened against other major currencies in the Asian session on Friday, as data showed Tokyo CPI inflation eased more than expected in July, complicating the Bank of Japan's interest-rate hike prospects.
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9h 50min ago
Sensex, Nifty Tumble On US Trade Deal Uncertainty
Indian shares fell sharply on Friday, with uncertainty around U.S. trade deal, signs of slowing earnings growth and continued selling by foreign investors weighing on markets.
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9h 55min ago
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