Tag Archives: Forex

European stocks fell on Wednesday after Federal Reserve Chairman Jerome Powell said there was a possibility of more sharp interest rate increases, while sportswear company Adidas fell after announcing plans to cut its annual dividend. The pan-European Stoxx 600 index fell 0.3 percent by 0805 GMT, hitting its lowest level …

European stocks recorded a slight decline in early trading on Tuesday, and technology stocks led the decline ahead of the beginning of the congressional testimony of Jerome Powell, Chairman of the Federal Reserve, while luxury goods companies gave up gains due to gloomy Chinese data. The pan-European Stoxx 600 index …

Japan’s Nikkei share average rose to a three-month high on Tuesday, and the broader Topix index reached its highest level since late 2021, as investor sentiment improved thanks to a decline in long-term US Treasury yields. But analysts said that uncertainty limited the gains ahead of Federal Reserve Chairman Jerome …

European stocks started trading higher on Monday, and Telecom Italia shares jumped to the top of the European Stoxx 600 index, while mining stocks fell after China set a modest target for annual growth. The Stoxx 600 index was up 0.2% by 0807 GMT, after posting its best weekly performance …

Japan’s Nikkei average rose more than 1 percent on Monday to a three-month high, retracing gains on Wall Street in the previous session, after Federal Reserve officials eased concerns about monetary tightening. Interest-sensitive technology stocks were the top gainers in Japan, as was Wall Street after Richmond Federal Reserve Bank …

European stocks opened higher on Friday, supported by the rise in interest-sensitive technology stocks, as investors flocked to riskier assets after comments from a Federal Reserve official that the US central bank may temporarily stop tightening monetary policy. The Stoxx Europe 600 index rose 0.5 percent in early trading, with …

Japan’s Nikkei share average closed at its highest level in nearly three months on Friday after US stocks ended higher overnight. The Nikkei index rose 1.56 percent to close at 27,927.47 points, its highest since December 15 and its biggest daily gain since January 18. The index rose 1.73 percent …

European stocks fell at the open on Thursday, dragged down by declines in interest rate-sensitive travel and technology stocks, as investors were cautious ahead of today’s important inflation data. A Reuters poll revealed that inflation in the 20 countries using the euro was 8.2 percent in the 12 months to …

Japanese stocks ended flat on Thursday after a disappointing investor day for Tesla Inc and fears of a tighter US central bank monetary policy outweighed the yen’s decline. The Nikkei index gave up gains made earlier in the session to end the transactions at 27,498.87 points, although it has been …

European stocks rallied thanks to miners and luxury products on Wednesday, after strong data from China reassured investors fearing an economic slowdown, while a decline in BNP Paribas, the euro zone’s largest bank, limited gains. The pan-European STOXX 600 index was up 0.2% by 0812 GMT, kicking off the month …