Forex News
Sensex, Nifty End On Flat Note As Oil Prices Jump On Mideast Tensions
Indian shares fluctuated before ending little changed on Tuesday as signs of escalating Middle East tensions offset expectations for more U.S. rate cuts and China's stimulus announcements.
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25 days ago
Chinese Yuan Rises To 16-month High As China Steps Up Stimulus
The Chinese yuan strengthened against the U.S. dollar in the European session on Tuesday, after China's central bank unveiled its biggest stimulus since the pandemic to support the economy and counter a prolonged downturn in the property sector.
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25 days ago
German Ifo Business Confidence At 8-Month Low
German business sentiment continued to weaken to hit its lowest level in eight months in September, suggesting that the economy is slipping into a recession, survey results from the ifo Institute revealed Tuesday. The business confidence index fell more-than-expected to 85.4 in September from 86.6 in the previous month. The score was seen at 86.1.
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25 days ago
European Shares Inch Higher On China Stimulus
European stocks traded higher on Tuesday after China unleashed a swath of stimulus measures including cuts to its benchmark interest rate to put the economy out of its deflationary funk and back towards the government's growth target.
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25 days ago
FTSE 100 Modestly Higher After Bailey's Comments
U.K. stocks eked out modest gains on Tuesday as China unveiled a raft of stimulus measures and the Bank of England (BoE) Governor Andrew Bailey said he doesn't expect a return to low rates.
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25 days ago
Yen Falls After BoJ Ueda Signals No Rush To Hike
The Japanese yen weakened against other major currencies in the European session on Tuesday, after the Bank of Japan's Governor Kazuo Ueda signaled that the central bank is not in a rush to raise interest rates.
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25 days ago
CAC 40 Rallies On China Stimulus Cheer
French stocks were sharply higher on Tuesday after China's central bank unveiled its biggest stimulus since the pandemic to support the economy and counter a prolonged downturn in the property sector.
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25 days ago
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DAX Rallies As China Unveils Aggressive Stimulus
German stocks advanced on Tuesday after China unleashed a swath of stimulus measures including cuts to its benchmark interest rate to put the economy out of its deflationary funk and back towards the government's growth target.
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25 days ago
China Central Bank Unveils Monetary Easing Package
China's central bank announced a slew of stimulus measures as the economy struggle to achieve its growth target amid continuing property market downturn, weak domestic activity and rising deflationary pressures. At a press conference on Tuesday, People's Bank of China Governor Pan Gongsheng said the bank will reduce the reserve requirement ratio by 50 basis points.
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25 days ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Tuesday.
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25 days ago
Asian Shares Rally As China Unleashes Boldest Stimulus In Years
Asian stocks advanced on Tuesday after China's central bank unveiled its biggest stimulus since the pandemic to support the economy and counter a prolonged downturn in the property sector.
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25 days ago
Gilead Recalls COVID-19 Drug Veklury For Injection
Foster City, California-based Gilead Sciences, Inc. is recalling one lot of Veklury (remdesivir) for Injection 100 mg/vial for treating COVID-19, to the consumer level, due to the presence of a glass particle, according to the U.S. Food and Drug Administration. The recall involves Veklury (remdesivir 100mg for injection) with NDC 61958-2901-02, lot # 47035CFA and Expiration Date 11/2025.
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25 days ago
Australian Dollar Rises After RBA Keeps Key Rate Unchanged As Expected
The Australian dollar strengthened against other major currencies in the late Asian session on Tuesday, after Australia's central bank left its interest rate unchanged at a 12-year high as widely expected.
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25 days ago
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