Forex News

Standard Chartered Q1 Profit Rises, Backs FY24 Outlook; Stock Up

Standard Chartered Q1 Profit Rises, Backs FY24 Outlook; Stock Up

Shares of Standard Chartered Plc were gaining more than 5 percent on the London Stock Exchange after the lending major reported Thursday higher profit in its first quarter, despite weak net interest income. The company further maintained its fiscal 2024 guidance.
RTTNews | 1 day ago
Swiss Franc Rises On Strong CPI Data

Swiss Franc Rises On Strong CPI Data

The Swiss franc strengthened against other major currencies in the European session on Thursday, after data showed that Switzerland's consumer price inflation increased more-than-expected in April to the highest level in four months.
RTTNews | 1 day ago
FTSE 100 Gains On Earnings

FTSE 100 Gains On Earnings

U.K. stocks traded higher on Thursday as investors cheered strong earnings from the likes of Shell and Standard Chartered.
RTTNews | 1 day ago
more news
European Economic News Preview: Eurozone Final Factory PMI Due

European Economic News Preview: Eurozone Final Factory PMI Due

Final factory Purchasing Managers' survey from the euro area is the major report due on Thursday. At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss consumer prices and retail sales figures. Inflation is seen at 1.1 percent in April, up from 1.0 percent in March. Sales are forecast to grow 0.2 percent annually in March, in contrast to the 0.2 percent fall in February.
RTTNews | 1 day ago

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.