Forex News
Fed's Barkin Warns U.S. Vulnerable To Inflation Shocks - FT
The U.S. economy is now more vulnerable to inflation shocks than it was in the past, Federal Reserve Bank of Richmond President Tom Barkin said in an interview to the Financial Times published on Wednesday, as businesses grow increasingly concerned about the impact of the Donald Trump administration's policies regarding tariffs and migrants.
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2 days ago
Bay Street Likely To Open Higher
Canadian shares are likely to open on a positive note on Thursday as resources stocks may move higher on firm crude oil and metal prices. Geopolitical tensions may weigh on sentiment.
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2 days ago
FTSE 100 Gains On Corporate Sector Outlook
A positive outlook on the corporate sector overshadowed concerns about geopolitics and inflation that helped the FTSE 100 record modest gains in Thursday's trading.
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2 days ago
Sensex, Nifty End Notably Lower; Adani Group Stocks Fall On Bribery Charges In U.S.
Indian stocks tumbled on Thursday, weighed down by rising concerns about escalating geopolitical tensions, and a sell-off in Adani Group companies' shares following news about the indictment of Gautam Adani and a few other executives of the group on bribery charges in the U.S.
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2 days ago
CAC 40 In The Red As Caution Rules
Lingering geopolitical tensions in eastern Europe and worries about the economic outlook for Europe dominated market sentiment, dragging down the CAC 40.
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2 days ago
DAX Tracks European Peers Lower Amidst Mood Of Caution
Amidst a cautious sentiment across Europe, the DAX declined close to half a percent on Thursday.
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2 days ago
UK Budget Deficit Exceeds Expectations In October
The UK budget deficit exceeded expectations in October and hit the second highest October level on record largely reflecting the increase in debt interest payments. Public sector net borrowing increased to GBP 17.4 billion from GBP 15.8 billion in the previous year, data from the Office for National Statistics revealed Thursday.
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2 days ago
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NVIDIA Fails To Lift Asian Markets
Disappointing guidance from tech giant Nvidia offered little cheer for Asian markets rattled by uncertainty over Bank of Japan's monetary policy plans, and less-than-expected stimulus measures from China.
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2 days ago
Yen Rises After BoJ Governor Ueda Comments
The Japanese yen strengthened against other major currencies in the late Asian session on Thursday, after the Bank of Japan (BoJ) indicated that the bank is prepared to raise rates once more, if the economy and prices move in line with its forecast.
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2 days ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the late Asian session on Thursday.
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2 days ago
Europe New Car Sales Recover In October
Europe's new car registrations increased in October after two consecutive declines, the European Automobile Manufacturers' Association, or ACEA, reported Thursday. New car sales registered a moderate growth of 1.1 percent, reversing a decline of 6.1 percent in September. The rebound was driven by robust performances in Spain and Germany. Registrations in Spain grew 7.2 percent from a year ago.
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2 days ago
Nvidia Stock Down On Weak Q4 Margin View, Despite Upbeat Q3
Shares of Nvidia Corp. dropped around 3 percent in the extended trading on Wednesday after the AI chipmaker warned on weak gross margin in its fourth quarter, while revenues are projected to be significantly higher than last year on booming AI demand. In its third quarter, the world's most valuable company by market capitalization reported a surge in profit, above the Street view.
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2 days ago
European Markets Seen Opening Lower
European stock markets are likely to open negative on Thursday tracking losses in Asian peers and weak sentiment on Wall Street
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2 days ago
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