Chinese Yuan Falls On Trump Tariff Threats

The Chinese yuan weakened against the U.S. dollar in the European session on Tuesday, amid concerns about possible tariffs on Chinese imports by U.S. President-Elect Donald Trump. Markets are nervous as they seek clarity on U.S. President-elect Donald Trumps policy proposals, including increased tariffs, and await key U.S. inflation reading later in the week for...

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Sensex, Nifty Tumble On Earnings Disappointment

Indian shares tumbled on Tuesday amid lingering concerns over FII outflows and disappointment stemming from a weak earnings season. Sluggish cues from Asia and Europe also dented sentiment as traders awaited clarity on U.S. President-elect Donald Trumps policy proposals on global geopolitics, U.S.-China relations, NATO, immigration, and economic policies. The U.S. dollar held near a...

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German ZEW Economic Confidence Deteriorates

German economic sentiment deteriorated in November as the victory of Donald Trump in the US presidential election and the collapse of the German government coalition damped expectations, survey results from the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment dropped to 7.4 in November from 13.1 in the previous month. The index...

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Tyson Foods Q4 Results Top Estimates

Meat processor Tyson Foods, Inc. (TSN) reported Tuesday a profit for the fourth quarter compared to a loss last year, reflecting improved margins and sales growth. Both adjusted earnings per share and quarterly sales topped analysts expectations. However, the company provided weak sales guidance for the full-year 2025. In Tuesdays pre-market trading on Nasdaq, TSN...

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Japan Money Stock Data Due On Tuesday

Japan will on Tuesday see October numbers for its M2 money stock, highlighting a light day for Asia-Pacific economic activity. M2 is expected to rise 1.5 percent on year, up from 1.3 percent in September. Australia will see October results for the surveys of business confidence and conditions from National Australia Bank, as well as...

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Dollar Has Another Good Session

The U.S. dollar gained in strength against its major counterparts on Monday, ahead of some crucial economic data, including readings on U.S. inflation readings, and Fed speeches. Data on U.S. retail sales and industrial production U.S. reports on consumer and producer prices, retail sales and industrial production due later in the week may provide further...

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