Forex News
South Korea Stock Market May Extend Winning Streak
The South Korea stock market has moved higher in back-to-back sessions, advancing almost 50 points or 1.8 percent along the way. The KOSPI now sits just above the 2,680-point plateau and it may tick higher again on Tuesday.
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164 days ago
TSX Ends Notably Lower As Energy Stocks Tumble
The Canadian market ended notably on Monday, after staying weak right through the day's session due to sustained selling in energy stocks.
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164 days ago
Australia Data On Tap For Tuesday
Australia is scheduled to release a batch of data on Tuesday, headlining a light day for Asia-Pacific economic activity, On tap are April figures for retail sales and Q1 data for current account and company profits.
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164 days ago
Dollar Loses Ground On Weak Economic Data
The U.S. dollar weakened against its major counterparts on Monday, weighed down by data showing a bigger than expected contraction in the nation's manufacturing activity in the month of May.
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164 days ago
U.S. Stocks Close On Mixed Note
After a positive start and a subsequent retreat that resulted in a fairly long spell in negative territory on Monday, U.S. stocks recovered in afternoon trades and ended the day's session on a mixed note.
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164 days ago
Canadian Market Looks Headed For Weak Close; Energy Stocks Fall
The Canadian market is down firmly in negative territory Monday afternoon with energy stocks reeling under sustained selling pressure on weak oil prices. A few stocks from healthcare and industrials sectors are also sharply lower.
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164 days ago
U.S. Dollar Drops Amid Weak ISM Manufacturing PMI
The U.S. dollar moved down against its major counterparts in the New York session on Monday, following the release of weaker-than-expected ISM manufacturing PMI data for May.
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164 days ago
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Swiss Market Ends Slightly Up
The Switzerland market slipped into negative territory in the final hour of the session on Monday, but managed to edge higher and finish with a slender gain as a few stocks held firm.
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164 days ago
European Stocks Close Broadly Higher
European markets closed largely higher on Monday with investors picking up stocks, looking ahead to the European Central Bank's monetary policy announcement due later in the week.
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164 days ago
US Construction Spending Logs Surprise Fall In April
US construction spending shrunk unexpectedly in April amid declines in both private and public construction, preliminary data from the U.S. Census Bureau showed Monday. Construction spending dipped 0.1 percent to $2,099.0 billion from the revised estimate of $2,101.5 billion in March. Spending was expected to grow 0.2 percent after a 0.2 percent decrease in March.
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164 days ago
U.S. Manufacturing Index Unexpectedly Edges Lower In May
Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate in the month of May, according to a report released by the Institute for Supply Management on Monday.
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164 days ago
Kite Says Tecartus Shows Prolonged OS In Adults With Refractory B-cell Acute Lymphoblastic Leukemia
Kite, a Gilead Sciences, Inc. Company (GILD), announced Monday updated, four-year overall survival (OS) data from the pivotal ZUMA-3 study evaluating the CAR T-cell therapy Tecartus (brexucabtagene autoleucel) in adult patients with relapsed or refractory B-cell acute lymphoblastic leukemia (R/R B-ALL).
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164 days ago
Dollar Edged Down Last Week Amidst Inline PCE Data
PCE-based inflation data from the U.S. that came in mostly along expected lines marginally dragged down the 6-currency Dollar Index during the week ended May 31.
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164 days ago
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