The Japanese yen strengthened against other major currencies in the European session on Wednesday, after Japanese Prime Minister Sanae Takaichi issued a warning that the government might intervene in the foreign exchange market at any time. Although it is yet unclear whether the Bank of Japan (BoJ)...
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, as uncertainty about the situation in the Middle East and the opening of the Strait of Hormuz is keeping some traders on the sidelines. Meanwhile, optimism about the AI trade continues to generate positive...
The Japanese yen weakened against other major currencies in the European session on Tuesday, as investors speculate that the Japanese Finance Minister Satsuki Katayama may intervene once more to support the home currency. The Middle East's persistent economic worries also weakened the Japanese yen...
The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as traders remain optimistic about a permanent end to the Middle East war despite some pricking points on discussions to reach a potential deal to end the war and the opening of the Strait of Hormuz. In an...
The Swiss franc weakened against other major currencies in the Asian session on Wednesday, after Swiss National Bank (SNB) President Schlegel reiterated bank's readiness to intervene while preserving price stability. SNB President Schlegel's most recent remarks just restate the well-known message...
The U.S. dollar declined against major currencies during the week ended May 29 amidst reports of a tentative deal between the U.S. and Iran that lifted global risk sentiment.
The U.S. Dollar value edged higher after fresh attacks in the gulf renewed war concerns while private jobs data from the U.S. showed an increase of 122,000 in May, exceeding expectations.
The Japanese yen strengthened against other major currencies in the European session on Wednesday. The yen rose to 6-day highs of 185.11 against the euro, 201.98 against the Swiss franc and 115.05 against the Canadian dollar, from early lows of 186.01, 203.05 and 115.58, respectively. Against...
The U.S. dollar climbed against its most major counterparts in the New York session on Tuesday. The greenback climbed to 1.1613 against the euro and 0.7884 against the franc. The greenback advanced to near a 5-week high of 159.98 against the yen. The currency is seen finding resistance around...
Latest developments show that there are no signs of ending the ongoing Middle East conflict as expected. The war is felt across the globe with price escalations and delay in supply chains. In the Asian trading hours, oil prices extended gains for a third consecutive session. Brent crude futures for...
The Australian market is extending its early losses in mid-market moves on Thursday, but reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,700 level, with weakness across most sectors led by mining and technology stocks. Energy stocks were the only bright spot.
The Japanese market is trading sharply lower on Thursday, reversing the sharp gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 67,300 level, with weakness across most sectors led by index heavyweights and exporter stocks.
The Australian market is trading notably lower on Thursday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,750 level, with weakness across most sectors led by mining and technology stocks. Energy stocks were the only bright spot.
Australia's trade balance rebounded in April as exports logged notable growth, the Australian Bureau of Statistics showed Thursday. The trade balance posted a surplus of A$1.79 billion in April, reversing a shortfall of A$1.02 billion in March, which was the first deficit since 2017. In April 2025,...
Retail sales from the euro area and construction purchasing managers' survey results from Germany are the top economic news due on Thursday. At 2.30 am ET, consumer price data is due from Switzerland. Inflation is forecast to accelerate to 0.8 percent in May from 0.6 percent in April.
Eurozone producer price inflation accelerated in April on surging energy prices, data from Eurostat showed Wednesday. The producer price index posted an annual increase of 4.9 percent in April, following March's 2.0 percent rise. Prices were forecast to climb 4.8 percent. Excluding energy, producer...
Spain's unemployment declined less than forecast in May, data from the labor ministry showed Tuesday. The number of unemployed persons decreased 36,323 to 2.32 million in May. Economists had forecast a sharp decline of 56,800. Compared to last year, unemployment fell 134,162. Unemployment decreased...
Save for a very brief while at the start, the Switzerland market stayed weak on Wednesday amid uncertainty about a full-fledged U.S.- Iran ceasefire in the Middle East following the latest wave of strikes and counterstrikes by the warring nations.
After coming under pressure early in the session, treasuries regained some ground over the course of the trading day on Monday. Bond prices climbed well off their worst levels of the day but still closed in negative territory. As a result, the yield on the benchmark ten-year note, which moves opposite...
Bangladeshi Foreign Minister Khalilur Rahman has been elected as the President of the UN General Assembly's 81st session. He defeated Andreas Kakouris of Cyprus in a closely contested vote on Tuesday, positioning himself to steer the world body through a pivotal year marked by intensifying global crises, UN reform efforts and major leadership transitions. In a secret-ballot election, Rahman secur
After weeks of intense negotiations, Denmark's acting prime minister Mette Frederiksen has announced that her Social Democratic Party has reached a consensus on forming a center-left coalition government. Frederiksen told reporters after meeting King Frederik X that she would present the new cabinet on Wednesday under her third term as prime minister. Frederiksen had resigned after the ruling So
Colombia's presidential election is heading to a runoff after Sunday's vote failed to produce a clear winner. The right-wing candidate Abelardo de la Espriella, a close ally of President Donald Trump, received the most votes - 43.7 percent - while the left-wing senator Iván Cepeda, an ally of the outgoing president Gustavo Petro, came second with 40.9 percent. As none of the 13 candidates in th
The Energy Information Administration released a report on Wednesday showing a significant decrease in U.S. crude oil inventories in the week ended May 29th. The report said crude oil inventories tumbled by 8.0 million barrels last week after falling by 3.3 million barrels in the previous week. Economists...