European equities inched down from all-time highs today as investors held off from making big bets ahead of the earnings season. Covid-19 worries are weighing on the euro.
The pan-European STOXX 600 index dropped 0.4% after ending at a record high on Friday, with banks, commodity and retail sectors among the biggest losers.
EUR/USD is trading below 1.19, driven by a risk-off mood that supports the U.S. currency. Fed Chair Powell said the US economy is at an "inflection point" but urged caution regarding the virus.
12 May 2021 10:38 AM
Here's how the Indian Rupee, Stocks, Bonds and Swaps are faring in the early session
12 May 2021 08:40 AM
The Indian rupee is likely to depreciate against the dollar on broad dollar strength amid more inflation-related losses for regional equities.
12 May 2021 07:45 AM
A brief synopsis of markets to fresh start your day
11 May 2021 06:13 PM
Key factors to keep in mind before the US markets open
11 May 2021 03:56 PM
Indian benchmark equity indices snapped four-day gaining streak to end lower Tuesday dragged by selling in metals, pharma and IT stocks.
11 May 2021 03:49 PM
Find out how Indian rupee ended the day