Currency Trading News, Forex Trading News, Fx News | Reuters.co.uk

Currency Trading News, Forex Trading News, Fx News | Reuters.co.uk

The dollar climbed towards a three-week high on Thursday as risk appetite deteriorated broadly after Federal Reserve Chairman Jerome Powell dismissed speculation about negative interest rates.

The U.S. dollar edged higher against a basket of currencies on Wednesday, after Federal Reserve Chair Jerome Powell rejected the idea of using negative interest rates as a stimulative tool, even as he sounded a gloomy note about economic growth.

Sterling extended Monday’s losses on Tuesday, hitting a 20-day low versus the euro, as continued confusion over government plans to ease lockdown measures, the worst COVID-19 death toll in Europe and revived Brexit risks all weighed on the pound.

The dollar fell on Tuesday as the mood turned cautious a day ahead of Federal Reserve Chairman Jerome Powell’s speech on economic issues and as investors weighed the chances of negative U.S. interest rates.

Sterling dipped against the dollar on Monday as rising U.S. Treasury yields put the greenback in demand, with investors cautious about the easing of coronavirus lockdown measures in Britain.

The dollar, which typically functions as a safe-haven investment, rose on Monday even as investors added risk to their portfolios, buying U.S. stocks and selling Treasury bonds.

Economists expect most central European currencies to rebound or remain stable over the next 12 months as the region’s economies recover more quickly from the coronavirus pandemic than western counterparts, a Reuters poll showed.

The impact of euro exchange rate movements on inflation has declined, and its impact on euro zone consumer prices is close to insignificant, fresh research from the European Central Bank suggested on Monday.

The U.S. dollar rose against some currencies on Friday after data showed the world’s largest economy lost fewer jobs than expected last month on fallout from the coronavirus pandemic.

As temperature checks and face masks become the new normal for airports around the world, Dubai Airport CEO Paul Griffiths warns that the new distancing measures may have a long-lasting impact on air travel — and potentially even its prices.

Source: uk.reuters.com

Author: Reuters Editorial


Stock Market Today: Track The Latest Stock Market News And Find The Best Stocks To Watch

Stock Market Today: Track The Latest Stock Market News And Find The Best Stocks To Watch

With regular updates throughout each trading session, the Stock Market Today column alerts you to any changes in market trend. You’ll also get ongoing analysis of the best stocks to buy and watch, and highlights of stocks flashing potential sell signals.

Why is the stock market up today? Why is the market down? What’s the outlook for stock market futures? What are the best stocks to buy right now? Is it time to sell your stocks?

The Stock Market Today helps you answer those questions before the market opens, throughout each trading session and after each day’s stock market close.

Track Stock Futures For The Dow Jones, S&P 500 And Nasdaq

The analysis you’ll find in the Stock Market Today is based on over 130 years of market history and a detailed study of every top-performing stock since the 1880s.

By tracking the market in terms of three stages — market in uptrend, uptrend under pressure and market correction — the Stock Market Today helps you keep the latest fluctuations in perspective and decide what action, if any, to take.

Bookmark this page to make sure you stay on top of all the latest action in the stock market, and be sure to check The Big Picture after each market close for more detailed analysis and stocks to watch.

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Looking For The Best Stocks To Buy And Watch? Start With This 3-Step Routine

See Which Stocks Were Just Added To – And Removed From – IBD Stock Lists

How To Buy Stocks | Buying Checklist

When To Sell Stocks | Selling Checklist

Source: www.investors.com

Author: Investor’s Business Daily


share trading: Latest News & Videos, Photos about share trading

share trading: Latest News & Videos, Photos about share trading

07 May, 2020, 02.25 PM IST

The Nifty FMCG index was trading 1.51 per cent down at 26228.35 .

06 May, 2020, 02.28 PM IST

The Nifty FMCG index was trading 2.27 per cent down at 26521.95 .

04 May, 2020, 02.32 PM IST

The Nifty FMCG index was trading 3.26 per cent down at 27733.25 .

06 May, 2020, 12.37 PM IST

Shares of Edelweiss Financial Services Ltd. traded 0.14 per cent down in trade at 12:32PM on Wednesday .

28 Apr, 2020, 02.30 PM IST

The Nifty FMCG index was trading 0.74 per cent down at 28837.15 .

14 May, 2020, 10.57 AM IST

Shares of Bharti Airtel Ltd. traded 0.14 per cent down in trade at 10:54AM on Thursday.

14 May, 2020, 02.16 PM IST

The Nifty FMCG index was trading 0.37 per cent up at 26846.75.

14 May, 2020, 10.33 AM IST

Shares of Dr. Reddy’s Laboratories Ltd. traded 0.27 per cent down in trade at 10:26AM on Thursday.

14 May, 2020, 10.07 AM IST

Shares of ICICI Bank Ltd. traded 2.9 per cent down in trade at 10:04AM on Thursday.

14 May, 2020, 09.39 AM IST

Shares of State Bank of India traded 1.61 per cent down in trade at 09:35AM on Thursday.

13 May, 2020, 10.25 AM IST

Shares of Housing Development Finance Corporation Ltd. traded 2.63 per cent up in trade at 10:23AM on Wednesday .

13 May, 2020, 10.17 AM IST

Shares of State Bank of India traded 3.18 per cent up in trade at 10:13AM on Wednesday .

Source: economictimes.indiatimes.com


Markets | Markets, Shares and Trading News

Markets | Markets, Shares and Trading News

'They get you both ways': Trump lashes Wall Street heavyweights for sounding alarm

The biggest names in finance are coming around to a view that seemed unlikely a few weeks ago and President Donald Trump is not happy.

  • Today, 10.10am
  • by Katherine Burton, Melissa Karsh and Sophie Alexander
ASX ends the day down 1.7 per cent after jobs slump

The Australian share market started weak and lost more ground down in the wake of downbeat job figures, eventually closing 1.72 per cent lower.

  • Today, 9.06am
  • by Alex Druce and Dominic Powell
8@eight: ASX to fall as Powell spooks markets, jobs data ahead

What happened overnight and what is ahead for the Australian sharemarket.

  • Today, 8.00am
  • by Kyle Rodda
Hedge fund titan says stockmarket the most overvalued since 1999

David Tepper sounded a strong note of pessimism on the state of the stockmarket, saying it could be “the second-most overvalued stockmarket I’ve ever seen.”

  • Today, 7.16am
  • by Melissa Karsh
Optimism returns to the oil market, but the worst isn't over

Oil has rebounded from last month’s lows amid cautious optimism that heavy production cuts have put a floor under the price. But it’s the demand that’s the problem.

  • May 13, 2020
  • by Stephen Bartholomeusz

Advertisement

Billionaire investor says quick recovery after lockdown is 'a fantasy'

Hedge fund heavyweight Stan Druckenmiller said the risk-reward in stocks is the worst he’s ever seen in his career, with the economic damage from the coronavirus likely to be long-lasting.

  • May 13, 2020
  • by Katherine Burton
Remember Y2K? There are five lessons that resonate in this pandemic

As we deal with COVID-19, we can learn from a crisis that was successfully managed – the Y2K threat to computer operations 20 years ago.

  • May 13, 2020
  • by Matt Chapman
ASX recovers to close 0.3 per cent higher

After an early fall, the S&P/ASX 200 gained over 100 points during trade to close 0.35 per cent higher at 5421.9.

  • May 13, 2020
  • by Lucy Battersby and Alex Druce
8@eight: Wall Street's tumble sets up ASX for losses

What happened overnight and what is ahead for the Australian sharemarket.

  • May 13, 2020
  • by Kyle Rodda
Why I cashed out of the COVID-19 sharemarket rally

An investment strategy of “don’t just do something, sit there” has served me well over the years. So it was with some trepidation that I set it aside.

  • May 13, 2020
  • by Clive Crook

Source: www.smh.com.au


UNCTAD | News

UNCTAD | News

United Nations

14 May –

UN agencies launched the Tech Access Partnership in a joint effort to scale up local production of life-saving health technologies for COVID-19.

Blog

13 May –

Written by
Simonetta Zarrilli of UNCTAD and Nursel Aydiner-Avsar, Associate Professor, Akdeniz University

13 May –

The coronavirus pandemic led to a 3% drop in global trade values in the first quarter of 2020. The downturn is expected to accelerate in the second quarter, according to UNCTAD forecasts, which project a quarter-on-quarter decline of 27%.

unctad

11 May –

​UNCTAD presents a case for protecting science, technology and innovation funding during and after the COVID-19 crisis in a new policy paper

UNCTAD

08 May –

UNCTAD Secretary-General Mukhisa Kituyi discusses how to rejuvenate the global economy and trade in light of the COVID-19 crisis in an interview with Didem Eryar Unlu of the Turkish newspaper Dünya.

08 May –

Written by
Simonetta Zarrilli, Chief, and Mariangela Linoci, Economic Affairs Officer, Trade, Gender and Development Programme, UNCTAD

07 May –

The pandemic is inflicting economic and social harm on those working in fisheries sectors, but it opens a window to make seafood industries more sustainable.

e-commerce

07 May –

UNCTAD has assessed the state of play in the two countries and identified policy actions required to harness e-commerce for development.

blog

06 May –

Written by
Dr. Mukhisa Kituyi, Secretary-General of UNCTAD

06 May –

Overdependence on oil has fuelled volatile and uneven growth. Coffee could help the country change course if it can revive production and add value to its beans.

Source: unctad.org


Currency Trading News, Forex Trading News, Fx News | Reuters.co.uk

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