Financial news: banks, currency


Rupee Little Changed, Tracking Mostly Rangebound Asian Peers

Rupee Little Changed, Tracking Mostly Rangebound Asian Peers

The Indian rupee was largely unchanged on Tuesday, tracking the rangebound movement in its Asian peers and largely steady U.S. bond yields as traders await fresh cues from economic data due later in the week. The rupee was at 83.3275 against the U.S. dollar as of 10:10 a.m. IST, mildly highe...


April 23, 2024
Sterling Steadies after Strong British Activity Data
Sterling Steadies after Strong British Activity Data

Data showing British businesses recorded their fastest growth in activity in nearly a year helped the pound steady against the dollar on Tuesday,...

Bankers Lose Hope of London IPO Revival for another Year
Bankers Lose Hope of London IPO Revival for another Year

Banks have mostly given up hope this year will bring a long-awaited recovery in UK IPOs, as stock exchanges within the European Union and...

UK's FTSE 100 Hits Record Peak on Weaker Pound; Associated British Foods Surges
UK's FTSE 100 Hits Record Peak on Weaker Pound; Associated British Foods Surges

The UK's blue-chip share index cruised to record highs on Tuesday, helped by a weaker pound and positive corporate updates, while investors...

South African Rand Trades Lower as Metal Prices Retreat
South African Rand Trades Lower as Metal Prices Retreat

South Africa's rand edged lower in early trade on Tuesday, with analysts pointing to a decline in metal prices as the reason for the...

Firm USD Turns Up Heat on JPY, Heightening Intervention Talk
Firm USD Turns Up Heat on JPY, Heightening Intervention Talk

A firm dollar had the yen locked near a fresh 34-year low on Tuesday, keeping investors on heightened intervention watch as they looked ahead to...

April 22, 2024
No Growth for U.K. Retail Sales, Israel-Iran Tensions Shake Commodity Prices
No Growth for U.K. Retail Sales, Israel-Iran Tensions Shake Commodity Prices

U.K.’s retail sales growth was reported at 0% in March despite high inflation easing recently, representing the first time that they have not...

London Shares Rebound as Fears of Wider Middle East Conflict Ebb
London Shares Rebound as Fears of Wider Middle East Conflict Ebb

London stocks gained 1% on Monday, following last week's sharp selloff, as fears of the Middle East crisis escalating eased and investors...

Europe's STOXX Edges Higher with Bank Earnings in Focus; Galp Glows
Europe's STOXX Edges Higher with Bank Earnings in Focus; Galp Glows

European shares edged higher on Monday with investors bracing for earnings reports from several big banks later in the week, while Portuguese oil...

Sterling Gains some Traction after Drop below $1.24
Sterling Gains some Traction after Drop below $1.24

The pound held steady against the dollar and nudged up against the euro on Monday, after hitting its weakest since November last week. Investors...

Rupee Headed Higher on Softer Oil Prices, Possible Inflows
Rupee Headed Higher on Softer Oil Prices, Possible Inflows

The Indian rupee is likely to open slightly higher on Monday, supported by a drop in oil prices on receding worries over the Iran-Israel...

April 19, 2024
Australia Employment Change Declines While Jobless Rate Rises, USD Strengthened Further, U.S. Stocks Moved Lower, Gold Stable and Resilient
Australia Employment Change Declines While Jobless Rate Rises, USD Strengthened Further, U.S. Stocks Moved Lower, Gold Stable and Resilient

Australian employment fell in March after an enormous gain the month before, while the jobless rate resumed its uptrend. Net employment dropped...

Middle East Turmoil Props Gold for 5th Straight Weekly Gain
Middle East Turmoil Props Gold for 5th Straight Weekly Gain

Gold prices rose on Friday and were poised for a fifth straight weekly gain as investors flocked towards the safe-haven asset as the escalating...

GBP Wavers as Markets Gauge Reported Israeli Attack on Iran
GBP Wavers as Markets Gauge Reported Israeli Attack on Iran

The pound was little changed on Friday after falling to a five-month low against the dollar in Asian trading hours as investors responded to...

STOXX 600 Hits One-Month Low on Geopolitical Woes; L'Oreal Shines
STOXX 600 Hits One-Month Low on Geopolitical Woes; L'Oreal Shines

European stocks dropped to their lowest levels in more than one month on Friday after a ramp-up in the Middle East conflict spooked investors,...

UK Stocks Decline on Middle East Woes, Set for Weekly Loss
UK Stocks Decline on Middle East Woes, Set for Weekly Loss

British stocks fell on Friday as anxious investors poured capital into safe-haven assets after sources said Israel launched an attack on Iranian...

Reports of Israeli Attack on Iran Spark Rush to CHF and JPY
Reports of Israeli Attack on Iran Spark Rush to CHF and JPY

Investors rushed into the Swiss franc and Japanese yen – long seen as safe-haven currencies – on Friday after reports said Israel had...

April 18, 2024
Gold Surges, Escalating Middle East Tensions Bolster Demand
Gold Surges, Escalating Middle East Tensions Bolster Demand

Safe-haven gold gained on Thursday as persistent tensions in the Middle East added to the metal's appeal despite robust economic data from the...

Pound Up for 2nd Day, Timing of BoE Cuts not Yet Locked In
Pound Up for 2nd Day, Timing of BoE Cuts not Yet Locked In

The pound firmed on Thursday, taking advantage of a rare bit of dollar weakness and the pushing back of expectations of Bank of England rate cuts...

New Zealand and U.K. Inflation Reported Higher than Expected, U.S. Dollar Weakened, Commodities and U.S. Indices Moved Lower, Bitcoin not Recovering
New Zealand and U.K. Inflation Reported Higher than Expected, U.S. Dollar Weakened, Commodities and U.S. Indices Moved Lower, Bitcoin not Recovering

Inflation was reported lower for the U.K. but higher than the forecast. The slowdown in the fall in Britain’s inflation rate follows an...

Industrials Lift STOXX 600 as Earnings Season Gathers Steam
Industrials Lift STOXX 600 as Earnings Season Gathers Steam

European shares edged up on Thursday, with industrials lifting the benchmark index following ABB's upbeat results, while Germany-listed...

Foreigners Remain Buyers of Japanese Stocks in Week to April 12
Foreigners Remain Buyers of Japanese Stocks in Week to April 12

Foreign investors continued purchasing Japanese stocks in the week to April 12, driven by a weaker yen and robust performance in chip-related...

USD Rally Stalls after Rare FX Warning from Finance Chiefs
USD Rally Stalls after Rare FX Warning from Finance Chiefs

The dollar fell for a second day on Thursday after a rare warning by the finance chiefs of the United States, Japan and Korea over the sharp...

S.Korea Market Watchdog Urges Companies to Listen Carefully to Shareholders
S.Korea Market Watchdog Urges Companies to Listen Carefully to Shareholders

South Korea's financial watchdog chief said on Thursday companies should pay more attention to shareholder voices, as the government seeks to...

April 17, 2024
Cooling UK Labour Market, Lower than Expected Canada’s Data
Cooling UK Labour Market, Lower than Expected Canada’s Data

The labour market in the U.K. still experiences wage growth. However, more people are dropping out of the workforce. Regular wages excluding...

Gold Rises on Middle East Tensions, Dollar Drop
Gold Rises on Middle East Tensions, Dollar Drop

Gold prices rose on Wednesday, to near record-high levels as risks of the Middle East conflict spreading to other regions brought safe-haven flows...

Sterling Hits One-Month High after UK Inflation Data
Sterling Hits One-Month High after UK Inflation Data

Sterling hit a fresh one-month high against the euro and rose versus a weakening dollar on Wednesday after UK inflation data suggested less...

European Shares Lifted by Adidas, LVMH on Healthy Earnings
European Shares Lifted by Adidas, LVMH on Healthy Earnings

European shares rose on Wednesday, though not too far off their one-month low, lifted by healthy quarterly results from consumer companies LVMH and...

London Stocks Gain as Miners Shine, Inflation Slows its Fall
London Stocks Gain as Miners Shine, Inflation Slows its Fall

British stocks climbed on Wednesday, underpinned by industrial metal miners, while the pound strengthened after a slower-than-expected pace of...

Painful High Rates Wake-Up Call Threatens Global Markets
Painful High Rates Wake-Up Call Threatens Global Markets

Fear that interest rates in major economies will stay relatively high is creeping back and threatens a painful wake-up call for financial markets,...

USD Steady, JPY Frail on Fed Comments Dash Rate Cut Wagers
USD Steady, JPY Frail on Fed Comments Dash Rate Cut Wagers

The dollar was broadly steady on Wednesday, keeping the yen rooted near 34-year lows after comments from Federal Reserve officials,...

Indonesia's Plunging Rupiah Twists the Policy Plot
Indonesia's Plunging Rupiah Twists the Policy Plot

Indonesia's economy was primed for monetary easing later this year, but an unwelcome plunge in its currency is complicating matters for Bank...

April 16, 2024
Most Gulf Markets in Red on US Rate Cut Concerns, Geopolitical Tensions
Most Gulf Markets in Red on US Rate Cut Concerns, Geopolitical Tensions

Most stock markets in the Gulf ended lower on Tuesday after stronger-than-expected U.S. retail sales reinforced the view the Federal Reserve may...

Gold Rally Pauses on High US Treasury Yields, Profit-Taking
Gold Rally Pauses on High US Treasury Yields, Profit-Taking

Gold prices fell on Tuesday, under pressure from high U.S. Treasury yields and as investors locked in profits from a rally that drove the precious...

US Retail Sales Beat Expectations, USD Strengthened Further
US Retail Sales Beat Expectations, USD Strengthened Further

U.S. retail sales increased more than expected in March, further evidence that the economy ended the first quarter on solid ground. Strong retail...

INR Ends at Record Closing Low on Risk-Off, Broad USD Rally
INR Ends at Record Closing Low on Risk-Off, Broad USD Rally

The Indian rupee ended at a record closing low on Tuesday, as rising geopolitical tensions in the Middle East and worries that the Federal Reserve...

Sterling Holds at Five-Month Low after UK Labour Data
Sterling Holds at Five-Month Low after UK Labour Data

Sterling stayed at a five-month low versus the dollar on Tuesday, after data showed Britain's unemployment rate rose by...

British Equities Drop over 1%; Dr Martens, Superdry Tumble
British Equities Drop over 1%; Dr Martens, Superdry Tumble

London stocks dived on Tuesday, with most sectors in the red, as traders pulled back expectations of rapid U.S. rate cuts, while shares of Dr...

STOXX 600 nears 6-wk Low on Geopolitical Jitters; Ericsson Shines
STOXX 600 nears 6-wk Low on Geopolitical Jitters; Ericsson Shines

Europe's main stock index fell to a near six-week low on Tuesday as investors stayed clear of risky assets amid tensions in the Middle East,...

Dollar Rises to Five-Month High, Puts Heat on Yen
Dollar Rises to Five-Month High, Puts Heat on Yen

The dollar rose to a five-month high against the pound and euro on Tuesday, a day after stronger-than-expected U.S. retail sales sent Treasury...

April 15, 2024
Japan's Yen Falls to Lowest since 1990, Dollar/Yen Up 0.6%
Japan's Yen Falls to Lowest since 1990, Dollar/Yen Up 0.6%

The yen weakened on Monday, pushing the dollar to its highest against the Japanese currency since June 1990, with markets alert to any signs of...

Sterling Rebounds from Five-Month Low, Eyes on Data
Sterling Rebounds from Five-Month Low, Eyes on Data

The British pound rebounded on Monday from its biggest weekly fall against the dollar since July, bouncing from a five-month low hit on Friday as...

UoM: Decrease in Consumer Sentiment and Increase of Inflation Expectations, Commodities Drop Sharply before Weekend, USD Strengthened Further
UoM: Decrease in Consumer Sentiment and Increase of Inflation Expectations, Commodities Drop Sharply before Weekend, USD Strengthened Further

The University of Michigan’s preliminary reading on the overall Consumer Sentiment index was reported low, at 77.9 this month, compared to a...


Financial markets - huge opportunities for capital increase

Finance is a system of arrangements which has arisen in the course of the exchange of economic goods, where money was the main asset. The financial sector is focused on bank lending and the securities market. Modern financial market gives to potential investor a large opportunity to invest by purchasing shares, bonds, certificates of deposit, futures contracts and other assets.

Analysis of financial news as the key to successful trading

Traders always pay special attention to the finance, that is why it is very important always be aware of all events, which are related to the sector in one way or another. As a participant in the foreign exchange market trader should first sharpen his attention to the events which are connected with his favourable financial instrument.

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