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 value changed a little amid expectations of a U.S.-Iran peace deal after U.S. President Donald Trump's reassured uninterrupted negotiations going on between both the nations, contrary to Iranian media reports. However, inflationary concerns due to continued closing of the Strait of Hormuz capped the gains.
UK mortgage approvals rose to a 15-month high in April despite higher borrowing costs, data from the Bank of England showed Tuesday. Mortgage approvals unexpectedly increased to 65,945 in April from 63,979 in the previous month. This was the highest since January 2025 and was above forecast of 62,000.
The Canadian dollar weakened against other major currencies in the European session on Tuesday, as oil prices fell after having jumped more than 4 percent in the previous session amid ongoing uncertainty over talks between the United States and Iran to end their war and reopen the Strait of Hormuz. Brent...
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 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 Japanese yen weakened against other major currencies in the European session on Tuesday. The yen fell to more than 1-month lows of 185.70 against the euro, 215.32 against the pound and 159.77 against the U.S. dollar, from early highs of 185.70, 214.79 and 159.64, respectively. Against the...
Early trends from the U.S. Futures suggest that Wall Street might open lower on Tuesday. Oil prices fell sharply. Brent crude futures for August delivery were down 1.7 percent at $93.35 a barrel. The dollar index edged lower in Asian trade. Gold prices rebounded, while spot gold jumped 0.9 percent...
The Australian stock market is trimming its early losses in mid-market trading on Tuesday, after a relatively flat close in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 index is falling well below the 8,700 level, with weakness in gold miners and financial stocks partially offset by gains in technology stocks.
The Japanese stock market is trading sharply lower on Tuesday, reversing the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight, with the Nikkei 225 falling to near the 66,050 level, with weakness in automakers, exporters and technology stocks.
The Australian stock market is notably lower on Tuesday, after a relatively flat close in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 index is falling well below the 8,700 level, with weakness in gold miners and financial stocks partially offset by gains in technology stocks.
The services sector in Australia slipped into the red in May, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 48.7. That's down from 50.7 in April and it falls beneath the boom-or-bust line of 50 that separates expansion from contraction. Reduced demand, market...
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...
Ireland's manufacturing activity grew at the strongest pace in four years in May, survey results published by S&P Global showed Tuesday. The AIB manufacturing Purchasing Managers' Index rose to 55.9 from 54.9 in April. A score above 50.0 indicates expansion. The improvement was driven by the strongest...
Flash inflation from the euro area and mortgage approvals from the UK are the top economic news due on Tuesday. At 3.00 am ET, Spain's labor agency is scheduled to publish unemployment data for May. Unemployment is forecast to decline 56,800 compared to a drop of 62,700 in April.
The Switzerland stocks market ended flat on Tuesday despite spending much of the day's trading session in positive territory. Investors assessed the situation in the Middle East amidst differing accounts from U.S. President Donald Trump and the Israelian Prime Minister Benjamin Netanyahu.
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...
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
A report released by the Commerce Department on Monday showed construction spending in the U.S. increased from a downwardly revised level in the month of April. The Commerce Department said construction spending climbed by 0.4 percent to an annual rate of $2.172 trillion in April after rising by 0.2 percent to a revised rate of $2.164 trillion in March.