Forex News
Indian Shares Reverse Early Gains Amid F&O Expiry
Indian shares reversed early gains to end lower on Thursday, with rising oil prices and caution ahead of Federal Reserve Chairman Jerome Powell's speech Friday at the Jackson Hole economic conference weighing on sentiment.
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868 days ago
German Business Confidence Fall For Third Straight Month
Germany's business confidence weakened for the third straight month in August to the lowest since mid-2020, signaling possibility of a recession, survey results from the ifo Institute showed Thursday. The business climate index fell slightly to 88.5 points in August from 88.7 points in July. This was the lowest score since June 2020 but well above economists' forecast of 86.8.
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868 days ago
European Shares Inch Higher On German Data
European stocks edged higher on Thursday after German GDP data for second quarter came in better than expected, lifted by household and government spending.
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869 days ago
German Economy Expands In Q2
Underpinned by household and government spending, the German economy expanded in the second quarter, beating the initial estimates, data released by Destatis showed on Thursday. Gross domestic product grew 0.1 percent sequentially, in contrast to the flat growth estimated on July 29. This was followed by the 0.8 percent expansion in the first quarter.
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869 days ago
FTSE 100 Gains As Energy Stocks Surge
U.K. stocks advanced on Thursday as climbing crude prices lifted energy stocks.
BP Plc jumped 2.2 percent and Shell added 1.7 percent as oil prices rose for the third day on mounting supply tightness concerns.
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869 days ago
CAC 40 Gains Ahead Of ECB Minutes
French stocks were moving higher on Thursday ahead of minutes from the European Central Bank's last policy meeting due later in the day.
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869 days ago
DAX Rises On Solid GDP Data
German stocks advanced on Thursday after GDP data for second quarter came in better than expected, lifted by household and government spending.
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869 days ago
more news
Asian Shares Rise Ahead Of Powel's Jackson Hole Speech
Asian stocks advanced on Thursday as investors looked forward to Fed Chair Jerome Powell's speech on Friday at the central banking conference in Jackson Hole for further cues on the monetary policy outlook.
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869 days ago
Australian, New Zealand Dollars Climb On Improved Risk Sentiment
The Australian and New Zealand dollars advanced against their major counterparts in the Asian session on Thursday, as strong commodity prices and stimulus measures from China lifted riskier assets.
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869 days ago
Bank Of Korea Lifts Key Rate By 25 Bps
The Bank of Korea opted for a smaller rate hike on Thursday, after delivering a record half percentage points increase last month, as downside risks to growth escalates amid high inflation. The Monetary Policy Board of the Bank of Korea decided to hike the Base Rate by 25 basis points to 2.50 percent from 2.25 percent.
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869 days ago
European Shares May Open On Firm Note As Investors Eye ECB Minutes
European stocks are seen opening on a steady note Thursday as investors await the minutes of the ECB's last policy meeting later in the day and a key speech by Federal Reserve Chair Jerome Powell on Friday for clues about the monetary policy outlook.
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869 days ago
European Economics Preview: Germany Business Confidence, GDP Data Due
Business confidence survey results and detailed quarterly national accounts from Germany are the major economic reports due on Thursday. At 2.00 am ET, Destatis is slated to publish Germany's GDP data for the second quarter. According to flash estimate, the largest euro area economy had stagnated after expanding 0.8 percent in the first quarter.
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869 days ago
Indian Shares Modestly Higher In Early Trade
Indian shares opened higher on Thursday amid positive cues and the weekly F&O contract expiry.
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869 days ago
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