Major Asian Equity Indices Firmly Higher as India’s Modi Wins Re-election; Japanese Yen Weakens Further During Tokyo Session
The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
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The United States GDP for the first quarter was revised downwards to 1.3% year-on-year in the second estimate, down from 1.6% in the first estimate.
US GDP Seen Slowing to 1.2% Growth; Stocks Lower on Rising US Yields; Yen Weakens to Intervention Zone
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Australian Inflation Rises Unexpectedly, Aussie Barely Reacts; Stocks Lower on Hawkish Kashkari Comments; Silver Closes at 10-Year High Price
Gold, Silver Rise; US Dollar Lower; Wheat Futures Reach New 10-Month High; Equity Indices Mixed
Major Asian Equity Indices Gain; Gold, Silver Gain; Rumour Bank of Japan May Hike by 0.50% by Year End
FOMC Meeting Minutes Show Rates May be Held Steady for Longer; Commodities, Especially Precious Metals, Sell Off; US Stock Indices Reach New Record Highs; UK CPI Falls to Lowest Level in 3 Years but Questions Remain
New Zealand’s central bank kept its official cash rate at 5.50% on Wednesday but said that inflation was too high and that a rate hike was on the table.
NZD Rises as Central Bank Floats a Possible Hike; Equity Indices Reach New Highs; Markets Await FOMC Meeting Minutes, UK CPI; BoE’s Bailey Thinks Next Rate Move Will be a Cut
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Gold, Silver, Copper Fall Back from Swing Highs; Markets Expecting Drop in Canadian Inflation
Gold, Copper Reach All-Time Highs; Silver Hits 11-Year High at $32.50; Most Stock Markets are Bullish; Japanese 10-Year Yield Rises to 11-Year High
US CPI Monthly Increase Only 0.3%; NASDAQ 100, S&P 500 Rally To Record Highs; Silver, Copper to Multi-Year Highs
Markets Await Crucial US Inflation Data; Global Stock Index Hits Record High; Fed Chair Powell Says Lower Inflation Needed Before Cuts; Copper Futures Hit 2-Year High
Major US Stock Indices Looking Bullish; Precious Metals Decline