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Forex News
German Unemployment Rate Rises In September
Germany's unemployment increased more than expected in September as subdued economic activity damped job creation, official data revealed on Tuesday. The number of unemployed increased by 14,000 in September, reversing a fall of 7,000 in August, the Federal Employment Agency said. Unemployment was forecast to rise by 8,000.
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1h 12min ago
Bay Street Likely To Open On Negative Note
Canadian shares look headed for negative start on Tuesday, tracking weak oil and metal prices. Concerns over fresh tariffs, and a looming U.S. government shutdown could weigh as well on sentiment.
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1h 18min ago
FTSE 100 Recovers After Weak Start, Up Marginally In Cautious Trade
After opening marginally lower and drifting down further, U.K. stocks recovered lost ground and emerged above the flat line on Tuesday. Concerns over fresh tariffs proposed by the Trump administration, and a possible U.S. government shutdown appear to be weighing on sentiment.
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1h 53min ago
Reserve Bank Of Australia Keeps Rate Steady
The Reserve Bank of Australia retained its interest rate after a quarter-point cut last month, as policymakers became cautious over rising inflation. As widely expected, the board governed by Michele Bullock decided to hold the cash rate at 3.60 percent on Tuesday. Previously, the bank had reduced the rate by 25 basis points each in August, May and February.
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2h 10min ago
CAC 40 Down 0.3% As Tariff Concerns, Inflation Data Weigh
French stocks are down in negative territory on Tuesday, weighed down by tariff concerns and a potential U.S. government shutdown. Data showing an increase French consumer price inflation is weighing as well on sentiment.
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2h 23min ago
DAX Down Marginally In Cautious Trade Amid Tariff Concerns
German stocks are subdued in cautious trade on Tuesday amid possibility of a US government shutdown, and lingering concerns over Trump's tariff threats. Investors are also digesting the latest batch of regional economic data, including a report showing an unexpected drop in retail sales.
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2h 47min ago
Sensex, Nifty Extend Losses For Eighth Day
Indian shares ended lower for an eighth consecutive session on Tuesday amid ongoing FII selling, lingering uncertainty over the U.S. trade deal and U.S. President Donald Trump's announcement of 100 percent tariffs on any or all movies that are made outside of the United States.
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3h 35min ago
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Yen Rises Amid BoJ Rate Hike Speculation
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as markets expect the Bank of Japan is likely to raise interest rates soon amid geopolitical tensions and US fiscal uncertainty.
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3h 59min ago
ADB Trims Developing Asia's Growth Outlook
The Asian Development Bank trimmed developing Asia's growth outlook citing the impact of higher US trade tariffs on exports. Developing Asia is forecast to grow 4.8 percent this year, down from the previous outlook of 4.9 percent, the ADB said in its Asian Development Outlook, released Tuesday. Similarly, the projection for next year was downgraded to 4.5 percent from 4.7 percent.
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4h 47min ago
European Shares Edge Lower In Lackluster Trade
European stocks traded lower on Tuesday due to uncertainty around U.S. President Donald Trump's trade tariffs and U.S. government shutdown fears amid a partisan deadlock in Congress over spending and healthcare leaves.
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4h 49min ago
Asian Shares Mixed On US Shutdown Fears
Asian stocks ended mixed on Tuesday as investors fretted over a possible U.S. government shutdown, which could start Tuesday midnight (local time) if Congress fails to reach an agreement.
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5h 16min ago
Australian Dollar Rises After RBA Rate Decision
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia retained its interest rate, as widely expected, after lowering it in August.
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5h 20min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
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5h 54min ago
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