Forex News
European Shares Inch Higher In Cautious Trade
European stocks edged up slightly on Friday as investors welcomed stimulus measures in China to support the country's property sector and pondered the outlook for rates.
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1 day ago
FTSE 100 Gains As Commodity Stocks Rise
U.K. stocks advanced on Monday as higher commodity prices lifted mining and energy stocks.
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1 day ago
Elon Musk Unveils SpaceX Starlink Service In Indonesia
Billionaire Elon Musk has launched SpaceX's Starlink satellite internet services in Indonesia, with a view to improving internet connectivity in remote areas. The founder and CEO of SpaceX, Tesla and Neuralink, further said that it is very likely that his other companies will invest in the South Asian country.
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1 day ago
CAC 40 Gains As Investors Ponder Rate Path
French stocks eked out modest gains on Monday while European sovereign bond yields edged up as investors reacted to the latest comments from Fed and ECB officials.
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1 day ago
DAX Edges Higher In Cautious Trade After Comments From ECB Officials
German stocks eked out modest gains on Monday as investors welcomed stimulus measures in China to support the country's property sector and pondered the outlook for rates.
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1 day ago
Asian Shares Advance On Fed Rate Cut Hopes, China Stimulus
Asian stocks advanced on Monday due to rising expectations for Fed rate cuts in 2024 and China's stimulus measures announced last week to support the country's struggling property market.
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1 day ago
China Keeps Lending Rates Unchanged As Expected
China central bank retained its benchmark lending rates as expected on Monday after the government rolled out measures to support the property market. The People's Bank of China left the one-year loan prime rate unchanged at 3.45 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was maintained at 3.95 percent.
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1 day ago
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Australian Dollar Rises As Asian Stock Markets Traded Higher
The Australian dollar strengthened against other major currencies in the Asian session on Monday, as Asian stock markets traded higher, following the mixed cues from Wall Street on Friday, after recent economic data has generated optimism about an interest rate cut in the coming months, but comments from U.S. Fed officials have put a damper on some of the cheer. Announcement of fresh stimulus measures in China also boosted commodity prices.
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1 day ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
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1 day ago
European Shares Seen Opening Up On China Optimism
European stocks may open a tad higher on Monday after Beijing rolled out a string of supportive measures for the property market.
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1 day ago
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, after recent economic data has generated optimism about an interest rate cut in the coming months, but comments from US Fed officials have put a damper on some of the cheer. Announcement of fresh stimulus measures in China also boosted commodity prices. Asian markets closed mixed on Friday
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2 days ago
Indian Markets Closed For Lok Sabha Elections
Indian markets remain closed today on account of Lok Sabha polls in Mumbai.
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2 days ago
Japanese Market Sharply Higher
The Japanese stock market is trading sharply higher on Monday, recouping the losses in the previous session. The benchmark S&P/ASX 200 is moving above the 39,200 level, following the mixed cues from Wall Street on Friday, with gains across most sectors led by index heavyweights and financial stocks.
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2 days ago
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