Forex News
Sensex, Nifty Extend Losses For Sixth Day
Indian shares fell for a sixth straight session on Friday as concerns persisted about global monetary tightening and its impact on capital flows.
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920 days ago
European Shares Rebound On China Optimism
European stocks advanced on Friday after China's cabinet vowed to act decisively in ramping up support for the ailing economy.
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920 days ago
FTSE 100 Rises Despite Tesco's Inflation Warning
U.K. stocks advanced on Friday, a day after the Bank of England stuck to its gradual increases in interest rates and said it was ready to act "forcefully" to stamp out dangers posed by rising inflationary pressures.
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920 days ago
CAC 40 Climbs As Biden Says US Can Avert Recession
French stocks advanced on Friday amid optimism that China's economy is poised for a steady recovery from the COVID-19 impact.
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920 days ago
DAX Rises On China Stimulus Hopes
German stocks traded higher on Friday after China's cabinet vowed to act decisively in ramping up support for the ailing economy.
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920 days ago
Asian Shares Mixed After China's Stimulus Vow
Asian stocks ended broadly lower on Friday, even as mainland Chinese and Hong Kong markets rallied after China's cabinet pledged more policy steps to help the world's second-largest economy recover from the COVID-19 pandemic.
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920 days ago
Bank Of Japan Maintains Ultra Loose Policy Stance
The Bank of Japan maintained its ultra-expansionary policy stance on Friday and affirmed that it will not hesitate to take additional easing measures when necessary, thus going against the trend of raising interest rates adopted by its peers. The central bank left the policy rate unchanged at -0.10 percent as expected.
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920 days ago
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Japanese Yen Rebounds From BoJ-led Decline
In the Asian session on Friday, the Japanese yen that weakened against its key counterparts following the Bank of Japan's decision to keep its ultra-expansionary policy stance unchanged erased its losses in a short while.
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920 days ago
European Economics Preview: Eurozone Final HICP Data Due
Final harmonized inflation data from Euro area is due on Friday, headlining a light day for the European economic news. At 3.00 am ET, cosumer and harmonized prices figures are due from Austria. Consumer price inflation is expected to rise to 8.0 percent in May from 7.2 percent in April.
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920 days ago
European Shares May See Cautious Gains Amid Economic Uncertainty
European stocks may open on a positive note Friday as investors look for bargains among beaten-down stocks.
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920 days ago
Sensex, Nifty Extend Losses In Cautious Trade
Indian shares extended losses for a sixth day running on Friday, with IT stocks and financials leading losses on growing worries about a recession.
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920 days ago
Asian Markets Follow Global Markets Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues overnight from global markets, amid rising concerns of a possible recession in the foreseeable future due to aggressive policy tightening by central banks around the world. Central banks in Switzerland, England and Taiwan, among others, also decided to hike rates to fight soaring inflation.
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920 days ago
Sensex, Nifty Seen Flat On Optimism About Domestic Economy
Indian shares are seen opening largely unchanged Friday on the back of optimism that India is better placed to avoid the pitfalls of stagflation despite global headwinds.
"Domestic economic activity has been gaining traction in spite of formidable headwinds from external developments," the Reserve Bank of India (RBI) said in its monthly bulletin.
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920 days ago
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