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Forex News
FTSE 100 Rises Led By Banks
U.K. stocks advanced on Monday after falling sharply last week on worries about a recession and bets of bigger interest-rate hikes from major central banks.
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1045 days ago
CAC 40 Inches Higher In Lackluster Trade
French stocks rose slightly on Monday despite inflation worries and global growth concerns.
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1045 days ago
U.S. Dollar Lower In Cautious Trade
The U.S. dollar weakened against its major counterparts in the Asian session on Monday, on growing fears about a slowdown in the economy in the wake of sharper rate hikes by the U.S. Federal Reserve.
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1045 days ago
DAX Edges Higher In Cautious Trade
German stocks edged up slightly on Monday after a brutal sell-off last week on concerns over rising inflation and slowing global growth.
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1045 days ago
Asian Shares Slide On Inflation, Growth Worries
Asian stocks fell broadly on Monday despite Wall Street's positive close on Friday. A cautious undertone prevailed due to lingering concerns over inflation and growth.
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1045 days ago
China Refrains From Rate Cut Despite Economic Challenges
China refrained from an interest rate cut on Monday despite the economic challenges as such a move would go against the hawkish stance of global central banks and pose a threat of capital outflow. After a reduction in May, the People's Bank of China left the five-year loan prime rate or LPR, the benchmark for mortgage rates, unchanged at 4.45 percent.
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1045 days ago
Indian Rupee Climbs To 10-day High Against U.S. Dollar
The Indian rupee firmed against the U.S. dollar in late morning deals on Monday, as growing fears over a recession weighed on the latter.
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1045 days ago
more news
European Economics Preview: Germany Producer Price Data Due
Producer prices data from Germany is due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is set to issue Germany wholesale prices for May. Producer price inflation is expected to remain unchanged at 33.5 percent.
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1045 days ago
European Shares Set For Mixed Open On Interest-rate Worries
European stocks are seen opening on a mixed note Monday as investors react to central banks' hawkish rhetoric and concerns over a global economic slowdown.
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1045 days ago
Sensex Down Over 200 Points In Early Trade; Nifty Dips Below 15,250
Indian shares opened lower on Monday after U.S. stocks suffered their biggest weekly percentage decline in two years last week on concerns over high inflation and aggressive interest-rate hikes by major central banks.
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1045 days ago
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Monday, following the mixed cues from Wall Street on Friday, dragged by materials and energy stocks amid tumbling crude oil prices, Traders also remain concerned that aggressive monetary tightening by major central banks to cool inflation could lead to a slowdown in global growth. Asian markets closed mixed on Friday.
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1045 days ago
Sensex, Nifty Set To Follow Global Peers Lower
Indian shares look set to open lower on Monday, with PSU banks likely to be in focus ahead of a review of large non-performing assets. Global cues remain weak as recession worries mount.
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1045 days ago
Thai Stock Market May Stop The Bleeding On Monday
The Thai stock market has moved lower in three straight sessions, slumping more than 40 points or 2.7 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,560-point plateau although it may find traction on Monday.
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1045 days ago
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