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Forex News
Sensex, Nifty Snap Three-day Losing Streak; PSU Stocks Lead Gains
Indian shares rose notably on Wednesday after three days of losses on worries about slowing global growth and the impact of rising interest rates on corporate profits.
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930 days ago
European Shares Rise Amid Mixed Earnings, Data
European stocks traded mostly higher on Wednesday as investors reacted to mixed earnings and regional data.
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930 days ago
FTSE Edges Higher Despite Weak GDP Data
U.K. stocks rose on Wednesday as investors reacted to mixed signals from the Bank of England on bond purchases.
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930 days ago
TikTok Plans To Operate E-commerce Fulfillment System In US
Social media app TikTok plans to operate U.S warehouses and product fulfillment centers to create its own e-commerce supply chain system, job listings on its website and LinkedIn indicate. TikTok reportedly began piloting a shopping feature last year in the U.S., Canada and the U.K. through a deal with Shopify.
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930 days ago
CAC 40 Edges Higher In Cautious Trade
French stocks were a tad higher in choppy trade on Wednesday after data showed Eurozone industrial output rose strongly in August.
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DAX Slips In Cautious Trade As Yields Jump
German stocks were subdued on Wednesday as yields edged up on concerns about instability in the U.K. bond market.
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Asian Shares Mixed As Growth Worries Linger
Asian stocks ended mixed on Wednesday after recent string of losses on worries about slowing global growth and the impact of rising interest rates on corporate profits.
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930 days ago
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Pound Rebounds As BoE Chief Bailey Hints At Bond-buying Extension
The pound erased its early losses against its major counterparts in the Asian session on Wednesday, following a media report that the Bank of England is considering an extension to emergency bond-buying program when it ends on Friday.
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Bank Of Korea Raises Key Rate By 50 Bps
South Korea's central bank lifted its key interest rates on Wednesday, citing tightening stance of the US Federal Reserve and stubbornly high inflation. The Monetary Policy Board of the Bank of Korea decided to raise the Base Rate by 50 basis points to 3.00 percent from 2.50 percent, as widely expected.
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930 days ago
European Shares Seen Opening Little Changed Amid BoE Speculation
European stocks are seen opening on a flat note Wednesday after five consecutive sessions of losses.
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930 days ago
European Economics Preview: UK GDP Data Due
Monthly GDP, industrial production and foreign trade reports from the UK 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 GDP data for August. The economy is forecast to remain flat on month, following a 0.2 percent rise in July.
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930 days ago
Sensex, Nifty Marginally Higher In Early Trade; Metal Stocks Subdued
Indian shares opened on a positive note Wednesday after three days of losses.
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930 days ago
Asian Markets Mostly Lower On Weak Global Cues
Asian stock markets are mostly lower on Wednesday, following the broadly negative cues from global markets overnight, due to continuing concerns about rising interest rates and economic slowdown. A downward revision in the global economic growth forecast by the International Monetary Fund also weighed on the markets. Asian Markets closed mostly lower on Tuesday.
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930 days ago
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