Browsing Tag
rallies
4 posts
EUR/USD rallies to three-day highs above 1.0870s as the US Dollar weakens on Fed hike expectations
US Job Openings missed estimates while Consumer Confidence declined. After US data, the Fed rate hike expectations lowered. Germany’s economic data, alongside the US ADP report, to provide direction on the EUR/USD pair. The Euro (EUR) is rallying sharply vs. the US Dollar (USD), reaching a three-day high above 1.0870 after economic data from the
Nikkei rallies in afternoon trade to notch first weekly gain in five
SynopsisThe Nikkei ended the day up 0.73% at 27,439.99. For the week, it booked a 2.71% advance, its best performance since mid-October, tracking moves in global shares on overall healthy corporate earnings, led by U.S. firms.TOKYO: Japan's Nikkei share average rallied after the lunch break on Friday, turning around after a tepid morning session, to…
NZ sharemarket rallies but still finishes on eight-month low
Navigation for News Categories The local sharemarket has clawed back some of its early trading losses, as global markets fell amid concerns the United States Federal Reserve will take aggressive action to control inflation. Photo: RNZ / Angus Dreaver The top 50 index fell 1.8 percent during early trading - the biggest single session decline…
Sobha rallies 14% on reporting best ever sales volume in September quarter
Shares of real estate developer Sobha rallied 14 per cent to hit a fresh 52-week high of Rs 868.45 on the BSE in Thursday’s intra-day trade after the company said it has achieved best ever sales volume of 1.35 million sq ft valued at Rs 1,030.2 crore during July-September quarter (Q2FY22). The company had reported…