Forex Nyheter
Dollar Rises Against Major Counterparts
The U.S. traded firm against its major counterparts on Monday after recent pools indicated a victory for former President Donald Trump in the upcoming Presidential election.
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Canadian Market Moderately Lower In Cautious Trade
The Canadian market, which fell after a slightly positive start and a subsequent rise to a new record high Monday morning, continues to languish in negative territory in cautious trade and looks headed for a weak close.
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Swiss Market Ends Moderately Lower
The Switzerland market recovered and moved into positive territory after a weak start Monday morning, but retreated soon and spent the rest of the day's session in negative territory.
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European Stocks Close Lower After Cautious Session
European stocks closed lower on Monday as a lack of significant triggers, and rising tensions in the Middle East and uncertainty over the outcome of the upcoming U.S. presidential election rendered the mood cautious.
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U.S. Dollar Strengthens As Trump Leads In Polls
The U.S. dollar firmed against its major counterparts in the New York session on Monday, amid rising odds of former President Donald Trump winning the November election.
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ECB's Kazaks Says Falling Inflation, Weak Economy Allow For Lowering Rates Further
Eurozone inflation rates continue to fall and growth in the single currency economy remains sluggish, thus allowing for a gradual reduction in interest rates, European Central Bank Governing Council member Martins Kazaks said on Monday.
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U.S. Leading Economic Index Falls More Than Expected In September
The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators fell by more than expected in the month of September. The report said the leading economic index slid by 0.5 percent in September after falling by a revised 0.3 percent in August.
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more news
Bay Street Likely To Open Higher On Firm Commodity Prices
The Canadian market may open higher Monday morning as some strong buying is likely in energy and materials sectors thanks to rising oil and metal prices.
However, the mood is likely to remain cautious amid persisting worries about tensions in the Middle East.
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ECB's Simkus Says Rates To Go Lower If Inflation Slows Further
The European Central Bank could cut interest rates further if inflation continues to slow and the economy remains sluggish, Governing Council member Gediminas Simkus said on Monday, but he refrained from predicting the December move.
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Dollar Firms Up With Rising Trump Bets
The U.S. Dollar extended gains against major currencies during the week ended October 18 amidst growing expectations of a Trump presidency, widely perceived as boosting the U.S. dollar.
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Sensex, Nifty End Slightly Lower In Volatile Trade
Indian shares ended slightly lower on Monday as investors reacted to mixed earnings results and weighed the possible impact of the U.S. presidential elections on the Indian stock market.
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UK House Price Growth Weakens: Rightmove
UK house prices increased at a below seasonal average pace in October due to the rise in buyer choice and increasing seller competition, property website Rightmove said Monday. House prices grew 0.3 percent month-on-month in October, which was much lower than the average seasonal 1.3 percent increase at this time of year. Prices had increased 0.8 percent in September.
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European Shares Lack Direction In Cautious Trade
European stocks were little changed on Monday, even as higher commodity prices boosted mining and energy stocks.
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