Forex News
South Korea Bourse Tipped To Halt Losing Streak
The South Korea stock market has moved lower in four straight sessions, sinking almost 100 points or 4.2 percent along the way. The KOSPI now rests just above the 2,350-point plateau although it may stop the bleeding on Tuesday.
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847 days ago
TSX Ends On Firm Note
The Canadian market opened on a weak note on Monday, but recovered swiftly and kept moving higher as the session progressed to eventually close on a strong note, riding on gains in materials, technology and consumer discretionary shares.
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847 days ago
Dollar Fails To Hold Early Gains, Turns Mixed Against Major Rivals
After climbing higher amid rising speculation the Federal Reserve and several other central banks will aggressively hike interest rates to fight inflation, the U.S. dollar pared gains with traders turning slightly cautious.
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847 days ago
Japan Inflation Data Due On Tuesday
Japan will on Tuesday release August figures for consumer prices, headlining a modest day for Asia-Pacific economic activity. In July, overall inflation was up 0.5 percent on month and 2.6 percent on year, while core CPI rose an annual 2.4 percent.
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847 days ago
Swiss Market Ends Slightly Up
The Switzerland stock market ended marginally up, recovering in the final hour of the session after languishing in the red right from the start as investors stayed cautious, looking ahead to the central bank's policy meeting on Thursday.
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847 days ago
European Stocks Recover In The Final Hour, But Still Close On Weak Note
After a weak start and a subsequent long spell in negative territory, European markets staged a recovery past mid afternoon on Monday but still ended the session mostly lower.
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847 days ago
U.S. Homebuilder Confidence Slumps To Eight-Year Low In September
Homebuilder confidence in the U.S. declined for the ninth consecutive month in September, according to a report released by the National Association of Home Builders on Monday. The report showed the NAHB/Wells Fargo Housing Market Index slid to 46 in September from 49 in August. Economists had expected the index to edge down to 48.
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847 days ago
more news
Dollar Little Changed After NAHB Housing Market Index
U.S. NAHB housing market index for September has been released at 10 am ET Monday. The greenback changed little against its major rivals after the data.
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847 days ago
Dollar Steady Ahead Of NAHB Housing Market Index
U.S. NAHB housing market index for September is due at 10 am ET Monday. Ahead of the data, the greenback held steady against its major counterparts.
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848 days ago
KnowBe4 Confirms Receipt Of $24/share Acquisition Offer From Vista Equity Partners
KnowBe4, Inc. (KNBE), a security awareness training and simulated phishing platform, confirmed on Monday the receipt of a non-binding proposal from Vista Equity Partners to acquire all outstanding shares of the Company for $24 per share in cash. The proposal represents a 39% premium to KnowBe4's closing price on September 16, 2022.
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848 days ago
China Lowers 14-day Reverse Repo Rate
China's central bank conducted a reverse repo operation at a lower rate on Monday in order to improve liquidity in the financial system, the latest move in a series of measures undertaken to support a slowing economy. The People's Bank of China injected CNY 10 billion via 14-day reverse repos at an interest rate of 2.15 percent compared to the previous 2.25 percent.
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848 days ago
Bay Street Seen Opening On Weak Note
Lower Canadian and U.S. futures, weak commodity prices and negative clues from Asian and European markets point to a lower opening for Canadian shares on Friday.
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848 days ago
U.S. Dollar Higher As Fed Meeting Nears
The U.S. dollar advanced against its major counterparts during European deals on Monday, as investors awaited the Federal Reserve's interest rate decision due this week amid expectations for another super-sized hike to fight inflation.
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848 days ago
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