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Forex News
European Shares Decline On Rate, Growth Concerns
European stocks were moving lower on Wednesday as weak U.S. data stoked recession fears.
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684 days ago
FTSE 100 Declines On Growth Concerns
U.K. stocks traded lower on Wednesday as worries about higher interest rates and an impending recession offset encouraging earnings updates from the likes of Standard Chartered and GSK.
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684 days ago
CAC 40 Declines On US Growth Worries
French stocks opened lower on Wednesday after Wall Street's main indexes fell the most in a month overnight on the back of weak economic data and mixed earnings updates.
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684 days ago
DAX Slips On Recession Fears, Banks Extend Declines
German stocks fell on Wednesday as weak U.S. data release overnight stoked recession fears.
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684 days ago
Asian Shares Retreat On Economic Jitters
Asian stocks fell on Wednesday, though regional losses remained capped by consensus-beating earnings results from tech giants Microsoft and Alphabet.
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684 days ago
Australia Inflation Slows In Q1
Australia's consumer price inflation slowed in the first quarter, easing pressure on the central bank to lift its interest rate next week. Consumer prices increased 7.0 percent from the last year, slower than the 7.8 percent rise in the preceding quarter, the Australian Bureau of Statistics reported Wednesday.
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684 days ago
European Economic News Preview: German GfK Consumer Confidence Due
Consumer confidence from Germany and France are the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the market research group GfK is scheduled to issue Germany's consumer confidence survey results for May. The confidence index is forecast to improve to -27.9 from -29.5 in April.
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684 days ago
more news
European Shares Set To Follow Wall Street Lower
European stocks are seen opening lower on Wednesday after U.S. stocks recorded their worst single-day losses in a month overnight on fears of an impending recession and lingering worries about the health of the banking sector.
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684 days ago
Commodity Currencies Depreciate Amid Risk Aversion
Commodity currencies such as the Australia, the New Zealand and the Canadian dollars came under pressure in the Asian session on Wednesday, as Asian shares traded lower amid renewed concerns about turmoil in the banking sector after First Republic reported a loss of more than $100 billion in deposits in the first quarter. Disappointing results from several other U.S. companies also hurt sentiment.
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684 days ago
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Wednesday.
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684 days ago
NZ Dollar Slides Against Most Majors
The New Zealand weakened against most major currencies in the Asian session on Wednesday.
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684 days ago
Sensex, Nifty Drift Lower On Weak Global Cues
Indian shares opened a tad lower on Wednesday after Wall Street's major averages fell the most in a month overnight on the back of soft economic data and disappointing earnings updates from the likes of First Republic and UPS.
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684 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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684 days ago
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