Forex News

CPSC Recalls: UTVs, Snowmobiles, Wall Ovens, Chairs, Toy Pinwheels, Nightgowns

The U.S. Consumer Product Safety Commission or CPSC has announced recalls including utility vehicles or UTVs and snowmobiles, as well as electric wall ovens, spin swivel chairs, toy pinwheels, and children's nightgowns citing various reasons. Augusta, Georgia-based Textron Specialized Vehicles is recalling Prowler Pro and Tracker UTVs citing fire risk, as well as Arctic Cat Model Year 2024...
RTTNews | 4h 27min ago
FTSE 100 Climbs After Strong GDP Data

FTSE 100 Climbs After Strong GDP Data

U.K. stocks rose notably on Friday and the British pound strengthened against other major currencies after data showed the U.K. economy exited a technical recession in the first quarter, led by a rebound in the services output and household spending.
RTTNews | 6h 9min ago
DAX Rises On US Rate Cut Optimism

DAX Rises On US Rate Cut Optimism

German stocks rose notably on Friday after overnight data showed a sharp rise in U.S. weekly jobless claims, stoking optimism the Federal Reserve will start cutting interest rates this year.
RTTNews | 6h 36min ago
Asian Shares Gain On Rate Cut Optimism

Asian Shares Gain On Rate Cut Optimism

Asian stocks advanced on Friday while the dollar and bond yields dipped as fresh signs of cooling in the U.S. labor market revived hopes for U.S. rate cuts this year. Nevertheless, the upside remained capped somewhat due to caution ahead of next week's crucial U.S. inflation data that could offer important clues on the Fed's rate trajectory.
RTTNews | 6h 55min ago
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Pound Rises As U.K. Exits Recession

Pound Rises As U.K. Exits Recession

The British pound strengthened against other major currencies in the pre-European session on Friday, after the U.K. economy exited a technical recession in the first quarter with the economic output growing better than expected led by a rebound in the services output and household spending.
RTTNews | 7h 53min ago
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the pre-European session on Friday.
RTTNews | 8h 29min ago
Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from global markets overnight, after data showing a much bigger than expected increase in U.S. jobless claims for last week added to recently renewed optimism that the US Fed will lower interest rates by September. Asian markets ended mixed on Thursday.
RTTNews | 12h 20min ago

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