Forex News
Pound Higher As European Shares Advance
The pound strengthened against its major counterparts in the European session on Wednesday, amid risk appetite as reassuring earnings reports from Alphabet, Microsoft and Texas Instruments helped ease concerns about the tepid economic outlook.
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885 days ago
European Shares See Modest Gains Ahead Of Key Fed Decision
European stocks were seeing modest gains on Wednesday ahead of the Federal Reserve's interest-rate decision later in the day.
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885 days ago
FTSE 100 Rises On Earnings
U.K. stocks were moving higher in cautious trade on Wednesday, with encouraging earnings updates from the likes of Lloyds Bank and Reckitt Benckiser helping underpin sentiment.
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885 days ago
CAC 40 Edges Higher Ahead Of Fed Meeting
French stocks eked out modest gains on Wednesday after Alphabet and Microsoft reported better-than-expected results, helping soothe investor worries over the economic outlook.
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885 days ago
DAX Little Changed As Consumer Sentiment Hits New Record Low
German stocks were little changed on Wednesday after a survey showed the country's consumer sentiment will hit a fresh low in August.
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885 days ago
Asian Shares Mixed Ahead Of Fed Decision
Asian stocks ended mixed on Wednesday after Alphabet and Microsoft reported better-than-expected results, helping soothe investor worries over the economic outlook.
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885 days ago
German GfK Consumer Sentiment To Hit Fresh Record Low
Germany's consumer sentiment is set to hit a fresh low in August as fears of an impending recession and high inflation dampened economic and income expectations, survey results from the market research group GfK showed Wednesday. The consumer confidence index fell to -30.6 in August from revised -27.7 in July. The score was forecast to fall to -28.9.
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885 days ago
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Aussie Drops As Australia's Inflation Misses Expectations
The Australian dollar fell against its major counterparts in the Asian session on Wednesday, as the nation's inflation rose less than expected in the second quarter.
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885 days ago
European Economics Preview: Germany GfK Consumer Confidence Due
Consumer confidence survey results from Germany and France are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, German GfK consumer confidence survey data is due. Economists forecast the forward-looking index to fall to -28.9 in August from -27.4 in July.
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885 days ago
European Shares Seen Tad Higher With Earnings In Focus
European stocks may open a tad higher on Wednesday after Alphabet Inc., Microsoft Corp. and Texas Instruments Inc. all posted double-digit quarterly revenue growth, helping ease investor concerns about the gloomy economic outlook.
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885 days ago
Sensex, Nifty Little Changed In Early Trade
Indian shares struggled for direction in early trade on Wednesday as fears of a global recession mount.
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885 days ago
Asian Markets Mostly Lower Ahead Of Fed Policy
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from the global markets overnight, as traders looked ahead to the US Federal Reserve's monetary policy decision and accompanying statement later in the day. The bank's accompanying statement is likely to provide clues about future rate hikes. Asian Markets closed mixed on Tuesday.
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885 days ago
Sensex, Nifty Poised For Flat Start Ahead Of Fed Decision
Indian shares are seen opening little changed on Wednesday after the International Monetary Fund (IMF) slashed India's economic growth forecast for financial year 2022-23 to 7.4 percent, sharply lower than its previous estimate of 8.2 percent, reflecting less favorable external conditions and more rapid policy tightening.
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885 days ago
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