The Canadian dollar strengthened against other major currencies in the Asian session on Friday, as crude oil prices has surged amid concerns of supply disruptions continue despite upcoming peace talks between the U.S. and Iran to end the month-long gulf war. WTI Crude Oil for May month delivery was...
The U.S. Dollar value slipped a little as near-term inflationary concerns ease up after Iran announces immediate reopening of the Strait of Hormuz, dispelling crude oil supply disruption concerns.
Malaysia's economy logged a softer growth in the first quarter, driven by weaker performance in key sectors, advance estimate from the Department of Statistics showed Friday. Gross domestic product logged an annual growth of 5.3 percent in the first quarter, which was slower than the 6.3 percent rise seen in the preceding quarter.
Industrial production in the U.S. unexpectedly decreased in the month of March, according to a report released by the Federal Reserve on Thursday. The Fed said industrial production fell by 0.5 percent in March after climbing by 0.7 percent in February. Economists had expected industrial production to inch up by 0.1 percent.
https://www.fxstreet.com/news/gbp-jpy-hovers-around-21550-following-uk-gdp-data-202604160659
The U.S. dollar climbed against the euro and the pound in the New York session on Friday. The greenback advanced to a 3-day high of 1.1759 against the euro, from an early nearly 2-month low of 1.1849. The greenback recovered to 1.3513 against the pound, from an early 2-month low of 1.3599. This...
President Donald Trump expressed optimism about a permanent truce, the Wall Street is moving to a positive zone on Friday. Early trends from the U.S. Futures Index suggest that Wall Street might open higher. As of 7.55 am ET, the Dow futures were gaining 246.00 points, the S&P 500 futures were adding...
The Australian stock market is trimming its early losses in mid-market moves on Friday, following the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in gold miners and financial stocks partially offset by gains in energy and technology stocks.
The Japanese market is trading significantly lower on Friday, snapping a three-session winning streak, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 59,050 level, with weakness in financial stocks and a mixed performance in most other sectors.
The Australian stock market is trading modestly lower on Friday, following the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in gold miners and financial stocks partially offset by gains in energy and technology stocks.
Eurozone exports decreased for the second straight month in February, data from Eurostat showed Friday. Exports decreased 6.7 percent year-on-year in February, slower than the 7.7 percent fall in January. Likewise, imports dropped 2.2 percent from a year ago, following a 7.8 percent decrease in...
The euro area current account surplus declined in February driven by decreases in trade surplus and primary income, data from the European Central Bank showed Friday. The current account surplus fell to EUR 25 billion from EUR 40 billion in January. In the same period last year, the surplus was EUR...
Eurozone inflation accelerated more than initially estimated in March, reaching its strongest level since mid-2024, final data from Eurostat showed Thursday. The harmonized index of consumer prices rose 2.6 percent on a yearly basis in March. This was revised up from the initial estimate of 2.5 percent...
After opening flat and then edging higher slowly till about a couple of hours past noon, Swiss stocks climbed up sharply on Friday as buying gathered momentum after Iran declared the Strait of Hormuz completely open to commercial traffic.
Following the pullback seen over the two previous sessions, treasuries showed a strong move back to the upside during trading on Friday. Bond prices surged early in the session and remained sharply higher throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite...
UN independent human rights experts have called for justice and accountability for young women and girls who were trafficked systematically as part of allegations contained in the so-called Epstein files. The Human Rights Council-appointed experts also issued a general warning over the "continuing violence of patriarchal power systems" revealed in the files, which the US Department of Justice beg
A resolutions that would block the transfer of select weapons to Israel has failed in the Senate for the fourth time. The resolutions, which aimed at limiting President Donald Trump's power to wage war against Iran, was rejected by 52 to 47 votes, mostly along party lines. Democrat Senator John Fetterman opposed the Bill, while Republican Senator Rand Paul voted for the measure, which would have
Industrial production in the U.S. unexpectedly decreased in the month of March, according to a report released by the Federal Reserve on Thursday. The Fed said industrial production fell by 0.5 percent in March after climbing by 0.7 percent in February. Economists had expected industrial production...