Tag Archives: Forex

The euro and sterling rose against the dollar on Monday in quiet trade amid the holiday season in the United States while risk appetite improved globally. With US markets closed for the Independence Day holiday, markets expected light trading on Monday and major currencies gained ground at the expense of …

European stock markets rose on Monday, boosted by oil and gas stocks, while investors awaited the release of inflation data in the eurozone, after a report on consumer prices published last week boosted expectations that the European Central Bank will raise interest rates. The pan-European STOXX 600 index rose 0.8 …

Japanese shares closed higher on Monday, supported by utility companies as the country continues to grapple with an unprecedented heat wave. Overall, investor sentiment remained low on widespread fears of a global economic slowdown, with trading slowing ahead of the US Independence Day holiday on Monday. The Nikkei index rose …

European shares fell on Friday, as semiconductor shares led the decline after tepid expectations from US chip maker Micron, while investors awaited euro zone inflation data to build their expectations about the pace of interest rate hikes. Dutch semiconductor equipment company ASML, French-Italian chip maker ST Microelectronics and German chip …

Japan’s Nikkei fell for a third consecutive session on Friday to close at its lowest level in nearly two weeks, tracking Wall Street’s losses overnight, as investors worried about the economic slowdown in the world’s largest economy. The Nikkei fell 1.73% to 25,935.62 points, its lowest closing level since June …

The Swedish Krona rose against the Euro on Thursday after Sweden’s Central Bank raised its key interest rate by 50 basis points, as expected. On the other hand, the price of the euro stabilized against the major currencies and remained near its lowest level since 2015 against the Swiss franc …

Japanese shares fell more than 1.5 percent on Thursday after data showed that monthly industrial production posted its biggest drop in two years and the yen fell to a 24-year low overnight, stoking fears of an economic slowdown. The Japanese Nikkei index fell at a steady pace throughout the day …

European shares fell on Thursday, on track to record their worst quarter since the massive plunge during the COVID-19 pandemic in early 2020, as investors grew increasingly concerned about a global recession following tough central bank measures to tame soaring inflation. The pan-European STOXX 600 index fell 1.4 percent by …

A mixed start to the new trading week, one in which the bulk of the significant market-moving events is due from Wednesday onwards. That may make for choppy trading over the next couple of days, in line with what we’ve seen so far in Europe. We will still hear from …

European shares fell on Wednesday after concerns about a global recession outweighed recent optimism over the lifting of lockdown restrictions in China. The pan-European Stoxx 600 index fell 0.7 percent by 0708 GMT, ending a three-day rally after a gruelling overnight session on Wall Street on the back of bleak …