Financial news: banks, currency


JPY Hits new 34-Year Low; USD Rises after Inflation Data

JPY Hits new 34-Year Low; USD Rises after Inflation Data

The dollar soared to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, coming in line with expectations and affirming expectations the Federal Reserve will likely delay cutting interest rates to later this year. The yen's ...


April 26, 2024
Pound Steadies against Dollar, Jumps to 16-Year High vs Yen
Pound Steadies against Dollar, Jumps to 16-Year High vs Yen

Sterling steadied on Friday after rising to a two-week high against the dollar as markets awaited for key U.S. inflation data for clues on the...

RUB Hits One-Month High after Central Bank Holds Rates
RUB Hits One-Month High after Central Bank Holds Rates

The Russian rouble firmed to a one-month high past 92 to the dollar on Friday after the central bank held interest rates at 16%, as expected, and...

U.S. GDP Growth Slows(Q1), U.S. Unemployment Claims Retreat Slightly, Advanced GDP Price Index (Q1) Rose to 3.1%, U.S. Dollar Weakened, JPY Weakened, Commodities to Upside
U.S. GDP Growth Slows(Q1), U.S. Unemployment Claims Retreat Slightly, Advanced GDP Price Index (Q1) Rose to 3.1%, U.S. Dollar Weakened, JPY Weakened, Commodities to Upside

U.S. economic growth (GDP change) slowed more than expected in the first quarter, but a surprisingly hot quarterly Personal Consumption Expenditure...

Europe Shares on Track for Weekly Gains; Thyssenkrupp Glows
Europe Shares on Track for Weekly Gains; Thyssenkrupp Glows

European shares rose on Friday and looked set to end the week higher as investors cheered robust results from tech giants in the United States,...

FTSE 100 Continues Record Run, Darktrace Rallies on Buyout Deal
FTSE 100 Continues Record Run, Darktrace Rallies on Buyout Deal

Britain's FTSE 100 rose to another record high on Friday as strong earnings from U.S. tech giants buoyed investor sentiment, while...

Rupee Lingers in Narrow Band Tracking Mostly Subdued Asian Peers
Rupee Lingers in Narrow Band Tracking Mostly Subdued Asian Peers

The Indian rupee was largely flat on Friday, tracking rangebound Asian peers with traders expecting the local unit to stick to its prevailing range...

April 25, 2024
Australia’s Annual Inflation Rate to 3.5%, Core Retail Sales for Canada Decline Further, Durable Goods Orders for U.S. Grow, Gold Remains Low, U.S. Indices Reversed to Downside
Australia’s Annual Inflation Rate to 3.5%, Core Retail Sales for Canada Decline Further, Durable Goods Orders for U.S. Grow, Gold Remains Low, U.S. Indices Reversed to Downside

Australian consumer price inflation slowed less than expected in the first quarter as service cost pressures stayed stubbornly high, a...

Chemicals Maker Dow Tops Wall St Estimates on Demand Growth
Chemicals Maker Dow Tops Wall St Estimates on Demand Growth

Chemicals maker Dow beat first-quarter profit estimates on Thursday, helped by higher sales volumes as global manufacturing activity shows...

Sterling Rises Versus Euro and Dollar, Eyes BoE Policy Path
Sterling Rises Versus Euro and Dollar, Eyes BoE Policy Path

Sterling rose versus the dollar and the euro as investors assessed the Bank of England's monetary policy path after recent mixed signals from...

FTSE 100 Hits Record High on BHP Bid for Anglo American, Earnings Push
FTSE 100 Hits Record High on BHP Bid for Anglo American, Earnings Push

Britain's benchmark FTSE 100 stock index touched a record high on Thursday led by miner Anglo American on a buyout offer from BHP Group, while...

European Stocks Slip as Mixed Earnings Offset M&A Cheer
European Stocks Slip as Mixed Earnings Offset M&A Cheer

European stocks slipped on Thursday following mixed earnings from blue-chip companies such as Nestle and Deutsche Bank, while big M&A news in...

Yen Plumbs 34-Year Low as Intervention Risks Grow
Yen Plumbs 34-Year Low as Intervention Risks Grow

The yen was pinned on the weaker side of 155 per dollar on Thursday as the Bank of Japan (BOJ) kicks off its two-day rate-setting meeting, leaving...

South Korea Prepares System to Detect Illegal Stock Short Selling
South Korea Prepares System to Detect Illegal Stock Short Selling

South Korea's financial market watchdog said on Thursday it was checking the effectiveness of a new monitoring system designed to detect...

April 24, 2024
Gold Little Changed as Spotlight Shifts to US Data
Gold Little Changed as Spotlight Shifts to US Data

Gold prices steadied on Wednesday as risk premiums over tensions in the Middle East eased while investors strapped in for U.S. economic data, due...

Services PMIs Lead Growth in Major Regions, Gold Low
Services PMIs Lead Growth in Major Regions, Gold Low

Winners vs Losers AUDJPY is on the top of the weekly list of gainers with 1.57% gains. Silver re-gained some of the performance yesterday reaching...

Japan's Yen Hits 155 per Dollar, Weakest since 1990
Japan's Yen Hits 155 per Dollar, Weakest since 1990

The yen fell on Wednesday to its weakest levels against the dollar since 1990, with markets alert to any signs of intervention from the Japanese...

Sterling Dips as Investors Book Profits on Scorching Rally
Sterling Dips as Investors Book Profits on Scorching Rally

The pound eased on Wednesday, surrendering some gains from its biggest one-day rally in four months the previous day, after a softer reading of...

STOXX 600 Edges Higher on Technology Boost; Banking Stocks Cap Gains
STOXX 600 Edges Higher on Technology Boost; Banking Stocks Cap Gains

European shares rose on Wednesday as the technology sub-index got a boost after ASM International's strong forecast, although gains were...

FTSE 100 Extends Record Run on Earnings Optimism
FTSE 100 Extends Record Run on Earnings Optimism

Britain's FTSE 100 index extended its record run on Wednesday as a strong earnings update from Reckitt Benckiser and gains in commodity stocks...

USD Recovers from PMI Slump, JPY Closes in on 155 per USD
USD Recovers from PMI Slump, JPY Closes in on 155 per USD

The U.S. dollar regained some ground on Wednesday following big falls against the euro and sterling the day before, while the yen remained mired...

Kering Shares Drop 8.5% after Profit Warning
Kering Shares Drop 8.5% after Profit Warning

Shares in French luxury group Kering fell 8.5% in early trade on Wednesday, after the company said it expected a 40%-45% plunge in...

Financials, Metal Stocks Lead Indian Shares Higher
Financials, Metal Stocks Lead Indian Shares Higher

Indian shares edged up on Wednesday, helped by gains in heavyweight financials and metals stocks, with investors focusing on earnings from key...

Rupee Rises to Two-Week High on Improved Risk Appetite
Rupee Rises to Two-Week High on Improved Risk Appetite

The Indian rupee gained on Wednesday, aided by a recovery in risk appetite that helped lift Asian currencies, while dollar-rupee forward premiums...

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...

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...

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...


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.

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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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