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Forex News
Australian Dollar Firms As China Mulls Easing Australia Coal Ban
The Australian dollar climbed against its major counterparts in the Asian session on Wednesday, following a media report that China is preparing to partially ease ban on imports of Australian coal.
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846 days ago
CAC 40 Gains As Inflation Slows
French stocks advanced on Wednesday as data showed inflation in the country unexpectedly slowed in December from a record high in the previous month.
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846 days ago
DAX Extends Gains As Inflation Worries Ease
German stocks extended gains on Wednesday as investors remained upbeat about a post-COVID recovery in China.
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846 days ago
Asian Shares Rise On China Recovery Hopes
Asian stocks rose broadly on Wednesday and the dollar eased after reports emerged that the wave of COVID infections sweeping across China may already have peaked in some of the country's largest cities.
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846 days ago
Twitter To Relax Ad Policy To Allow Political, Cause-based Ads
Twitter is relaxing ads policy to allow political as well as cause-based advertising in the United States. The changes come as Elon Musk is looking for more ways to cut costs and boost revenue as the social media platform, following its acquisition by the billionaire, is struggling to keep going.
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846 days ago
European Shares Poised For Firm Start
European stocks are likely to open on a firm note Wednesday, even as a cautious undertone may prevail amid lingering worries over the Russia-Ukraine conflict and uncertainty over the Fed's rate hike path.
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846 days ago
European Economic News Preview: Eurozone Final Composite PMI Data Due
Final composite Purchasing Managers' survey results from the euro area and other major Eurozone economies are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's import prices for November. Economists expect import price inflation to ease to 18.0 percent from 23.5 percent in October.
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846 days ago
more news
Sensex, Nifty Open Tad Lower As Metal Stocks Drag
Indian shares opened a tad lower on Wednesday, as investors awaited a slew of U.S. data and the latest FOMC meeting minutes this week for additional clues on when and where interest rates might peak.
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846 days ago
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, despite the broadly negative cues from Wall Street overnight, amid firm bullion prices and positive cues from European markets. The signs that COVID infections may have peaked in some big Chinese cities is also aiding market sentiment as trader are hopeful of a swift post-COVID era recovery in China.
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846 days ago
Sensex, Nifty Set To Open On Cautious Note
Indian shares may open on a cautious note Wednesday after Wall Street's main indexes closed lower on the first trading day of 2023.
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846 days ago
Thai Stock Market Overdue For Consolidation
The Thai stock market has climbed higher in nine straight sessions, advancing almost 80 points or 5 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,680-point plateau although investors are likely to cash in on Wednesday.
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846 days ago
Japanese Market Sharply Lower
The Japanese stock market is sharply lower on Wednesday, giving up the slight gains in the previous session, with the Nikkei 225 falling below the 25,800 level, following the broadly negative cues from Wall Street overnight, with traders remaining concerned about interest rate hikes and recessionary fears even as they returned from a extended-new year weekend.
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846 days ago
Rally May Stall For Indonesia Stock Market
The Indonesia stock market has moved higher in back-to-back sessions, gathering almost 40 points or 0.6 percent along the way. The Jakarta Composite Index now sits just shy of the 6,890-point plateau, although it may run out of steam on Wednesday.
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846 days ago
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