Forex News
CAC 40 Dips As Investors Weigh Political Risk
French stocks traded slightly lower on Wednesday as investors watched the latest political developments in the country.
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139 days ago
DAX Slips In Lackluster Trade
German stocks slipped into the red on Wednesday after several Federal Reserve officials urged patience on interest-rate cuts.
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139 days ago
Asian Shares Mixed On Hawkish Fed Comments
Asian stocks ended mixed on Wednesday as investors reacted to cautious Fed comments, a weaker-than-expected U.S. retail sales report and signs of escalating tensions in Europe and the Middle East.
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139 days ago
Pound Rises As U.K. Inflation Eases To 2% Target
The British pound strengthened against other major currencies in the European session on Wednesday, after U.K. consumer price inflation eased to the 2 percent target for the first time in nearly three years.
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139 days ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Wednesday.
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139 days ago
UK Inflation Eases To 2% Target
UK consumer price inflation hit the 2 percent target in May, data from the Office for National Statistics showed on Wednesday. Consumer price inflation softened to 2.0 percent in May, as expected, from 2.3 percent in April. The central bank targets to keep inflation at 2 percent.
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139 days ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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139 days ago
more news
Japan Exports Rise Most Since Late 2022
Underpinned by weaker yen, Japan's exports grew at the fastest pace since 2022 in May despite the fall in sales volume, official data revealed on Wednesday. Exports advanced 13.5 percent on a yearly basis after rising 8.3 percent in April, the Ministry of Finance said. This was the fastest expansion since late 2022 and marked the sixth consecutive rise.
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140 days ago
European Shares Seen Little Changed; UK Inflation Data Eyed
European stocks are seen opening on a flat note Wednesday, with trading volumes likely to remain thin due to a holiday in the U.S. in observance of Juneteenth.
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140 days ago
European Economic News Preview: UK Inflation Data Due
Consumer and producer prices from the UK and current account from the euro area are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for May. Consumer price inflation is seen at 2.0 percent compared to 2.3 percent in April. Output prices are expected to climb 0.1 percent on month.
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140 days ago
Sensex, Nifty Modestly Higher Led By Banks
Indian shares were seeing modest gains on Wednesday as softer-than-expected U.S. retail sales data reinforced bets of imminent Federal Reserve rate cuts.
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140 days ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders react to signs of escalating geopolitical tensions in Europe and the Middle East. The softer-than-expected U.S. retail sales data reinforced bets of imminent interest rate cuts by the US Fed. Asian markets closed mostly higher on Tuesday.
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140 days ago
Sensex, Nifty Seen Opening Up As Soft US Data Lifts Rate Cut Bets
Indian shares look set to open higher on Wednesday as investors cheer yet another record-breaking session on Wall Street overnight.
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140 days ago
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