Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
Germany's Industrial Production unexpectedly rises faster-than-expected by 0.9% MoM in May
Germany’s industrial sector activity surprisingly grow at a faster pace of 0.9% Month-on-Month (MoM) in May, the latest data published by Destatis showed on Tuesday.
United Kingdom Lloyds House Price Index (MoM) above expectations (0.1%) in June: Actual (0.2%)
United Kingdom Lloyds House Price Index (MoM) above expectations (0.1%) in June: Actual (0.2%)
Germany Industrial Production s.a. (MoM) registered at 0.9% above expectations (0.2%) in May
Germany Industrial Production s.a. (MoM) registered at 0.9% above expectations (0.2%) in May
EUR/USD Price Forecast: Turns broadly sideways below 20-day EMA
The EUR/USD pair trades marginally lower at around 1.1433 during the European trading session on Tuesday.
Asian stocks fall as tech selloff sparks sharp KOSPI slump
Asian equity markets mostly decline on Tuesday as a fresh wave of technology sector selling completely overshadowed Wall Street's tech-led rally from the previous night.
Japan Leading Economic Index came in at 116.8, below expectations (116.9) in May
Japan Leading Economic Index came in at 116.8, below expectations (116.9) in May
Japan Coincident Index increased to 118.5 in May from previous 118.1
Japan Coincident Index increased to 118.5 in May from previous 118.1
New Zealand Dollar remains subdued as US Dollar gains on renewed Hormuz tensions
NZD/USD inches lower for the second successive day, trading around 0.5700 during the Asian hours on Tuesday. The currency pair depreciates as the US Dollar (USD) holds ground, which could be attributed to the renewed geopolitical tensions in the Strait of Hormuz.
AUD/USD Price Forecast: Eases from two-week top; 38.2% Fibo. near 0.6955 holds the key
The AUD/USD retreats slightly from the 0.6960 area, or a two-week high, touched during the Asian session on Tuesday, and, for now, seems to have snapped a three-day winning streak.
Netherlands, The Consumer Price Index n.s.a (YoY) in line with forecasts (2.9%) in June
Netherlands, The Consumer Price Index n.s.a (YoY) in line with forecasts (2.9%) in June
Indonesia Foreign Reserves rose from previous $144.9 to $145.6 in June
Indonesia Foreign Reserves rose from previous $144.9 to $145.6 in June
Japanese Yen strengthens amid looming intervention risks; lacks bullish conviction
The USD/JPY pair extends the previous day's late pullback from the vicinity of mid-162.00s and attracts some follow-through sellers during the Asian session on Tuesday.
Japan’s Kiuchi: Tokyo is not easing fiscal discipline, presenting it clearly in the economic plan
Minoru Kiuchi, Minister of State for Economic and Fiscal Policy of Japan, said on Tuesday that “Tokyo is not easing fiscal discipline, presenting it clearly in the economic plan.”