Market News
The latest trade and investment news
India stocks higher at close of trade; Nifty 50 up 0.09%
India stocks were higher after the close on Thursday, as gains in the Banking, Real Estate and Green Energy sectors led shares higher.
At the close ...
13.04.2023
Amazon CEO Andy Jassy didn’t get any new stock in 2022 – filing
Amazon (NASDAQ:AMZN) said it didn’t grant its CEO Andy Jassy “any equity awards” during 2022.
“Our CEO’s Compensation Actually Paid (as defined by the SEC) for 2022 was negative $148 million, largely attributable to the 2022 decline in value of restricted stock units scheduled to vest over the ...
13.04.2023
Argentina’s latest ‘soy dollar’ scheme sees few takers on first day
The latest government incentive to grow Argentina's processed soybean exports recorded few takers on Monday, according to traders and analysts, on the first day for the scheme that offers farmers and shippers a preferential exchange rate.
Would-be participants in the "soy dollar" program need more ...
13.04.2023
Asia FX flat, dollar dips ahead of CPI data, Fed minutes
Most Asian currencies moved little on Wednesday, while the dollar retreated further as markets awaited more cues on monetary policy from key inflation data and the minutes of the Federal Reserve’s March meeting due later in the day.
A warning on a potential recession from Minneapolis Fed President ...
13.04.2023
Dollar drops to two-month low on cooling U.S. inflation
The dollar fell to a two-month low on Thursday after data showed U.S. inflation slowed sharply in March, bolstering hopes that the Federal Reserve's rate-hiking campaign is either already finished or will be by May.
Figures released on Wednesday showed that consumer price index (CPI) inflation ...
13.04.2023
CME debuts offshore yuan options to tap rising trading demand
Chicago's CME Group opened options trading for Chinese yuan futures on Monday, as it looks to deepen a market that investors use for betting or hedging against moves in China's currency.
Hong Kong has offered similar exchange-traded options since 2017, though bringing the product to CME - the ...
06.04.2023
Nigeria’s naira hits record low on official market after FX auction
Nigeria's naira dropped to a record low of 465 per dollar on the official market on Monday, Refinitiv data showed, as traders await the outcome of Friday's central bank foreign exchange auction.
The naira, which trades within a range on the official market, has fallen to successive lows due to ...
06.04.2023
Dollar remains weak as Fed nears end of hiking cycle
The U.S. dollar languished near two-month lows in early European trade Monday as weak economic data support the idea that the U.S. Federal Reserve may be near the end of its rate-hiking cycle.
At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other ...
06.04.2023
Asia FX, dollar muted amid economic fears, Kiwi rallies on hawkish RBNZ
Asian currencies moved in a flat-to-low range on Wednesday, while the dollar stuck to two-month lows as weak economic data fueled increasing concerns over an economic slowdown this year.
The New Zealand dollar was the sole outlier among global currencies, rallying 0.6% after the Reserve Bank ...
06.04.2023
US dollar rises after days of losses, but weak outlook intact
The dollar advanced on Wednesday, recovering from two-month lows hit the previous session, as investors lightened their short positions to book profits ahead of the all-important U.S. non-farm payrolls report on Friday.
The underlying trend though for the dollar remained tilted to the ...
06.04.2023
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