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Commodity Currencies Slide Amid Risk Aversion

Commodity Currencies Slide Amid Risk Aversion

Commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, as Asian shares traded lower after China set this year's GDP growth target at 5 percent and vowed to push ahead with transforming the growth model in the face of a raft of economic problems.
RTTNews | 941 hari yang lalu
Australian Dollar Falls Against Majors

Australian Dollar Falls Against Majors

The Australian dollar weakened against other major currencies in the Asian session on Tuesday. The Australian dollar fell to a 3-1/2-month low of 1.6744 against the euro and nearly a 3-week low of 0.6478 against the U.S. dollar, from yesterday's closing quotes of 1.6665 and 0.6511, respectively.
RTTNews | 941 hari yang lalu
FAA's Boeing, Spirit Audit Finds Multiple Quality Issues, Hits 737 MAX Production

FAA's Boeing, Spirit Audit Finds Multiple Quality Issues, Hits 737 MAX Production

The Federal Aviation Administration or FAA announced that its production audit of Boeing Co. and Spirit AeroSystems, following the January 5 incident involving a new, Boeing 737-9 MAX aircraft, identified multiple quality control lapses. The FAA has halted production expansion of the Boeing 737 MAX with a view to holding Boeing accountable for its production quality issues.
RTTNews | 941 hari yang lalu
European Shares Seen Tad Lower At Open

European Shares Seen Tad Lower At Open

European stocks are likely to open lower on Tuesday as investors brace for Federal Reserve Chair Jerome Powell's congressional testimony and the ECB rate decision.
RTTNews | 941 hari yang lalu
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European Economic News Preview: Eurozone Final PMI Data

European Economic News Preview: Eurozone Final PMI Data

Final composite Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Tuesday. At 2.45 am ET, France's statistical office INSEE is scheduled to issue industrial production data for January. Output is expected to fall 0.1 percent on month, in contrast to the 1.1 percent rise in December.
RTTNews | 941 hari yang lalu
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders largely stayed on the sidelines ahead of US Fed Chair Jerome Powell's testimony before the House Financial Services Committee later in the day and the Senate Banking Committee on Thursday for clues about the outlook for interest rates. Asian markets closed mixed on Monday.
RTTNews | 941 hari yang lalu
Sensex, Nifty Likely To Open On Cautious Note

Sensex, Nifty Likely To Open On Cautious Note

Indian shares may open flat to slightly lower on Tuesday, mirroring weak cues from global markets as traders await Federal Reserve Chair Jerome Powell's congressional testimony and key jobs data for further clues on the U.S. central bank's rate trajectory.
RTTNews | 941 hari yang lalu
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese stock market is notably lower on Tuesday, with the Nikkei 225 retracting from all-time highs to be a tad above the 39,900 level, following the broadly negative cues from Wall Street overnight, with losses in exporters and technology stocks partially offset by gains in financial stocks.
RTTNews | 941 hari yang lalu
Thai Shares To Open To The Downside On Tuesday

Thai Shares To Open To The Downside On Tuesday

The Thai stock market has finished lower in six straight sessions, slipping more than 40 points or 2.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau and it's tipped to open lower again on Tuesday.
RTTNews | 941 hari yang lalu

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