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Franc Weakens After SNB Decision

Franc Weakens After SNB Decision

As expected, the Swiss National Bank raised its policy rate by 25 basis points to 1.75 percent. The franc fell against its major counterparts after the decision.
RTTNews | Před 782 dny
Swiss Franc Rises Ahead Of SNB Rate Decision

Swiss Franc Rises Ahead Of SNB Rate Decision

At 3:30 am ET Thursday, the Swiss National Bank's interest rate announcement is due. The central bank is expected to lift the key rate by 25 bps to 1.75 percent.
RTTNews | Před 782 dny
European Economic News Preview: Bank Of England Monetary Policy Decision Due

European Economic News Preview: Bank Of England Monetary Policy Decision Due

The monetary policy announcements from the Bank of England and the Swiss National Bank are the major events due on Thursday. At 2.45 am ET, France's statistical office publishes business sentiment survey results. The business confidence index is expected to remain unchanged at 99 in June.
RTTNews | Před 782 dny
Sensex, Nifty Little Changed On Weak Global Cues

Sensex, Nifty Little Changed On Weak Global Cues

Indian shares were little changed on Thursday, with IT stocks underperforming after Fed Chair Powell reiterated that interest rates would need to rise further to contain stubbornly elevated inflation.
RTTNews | Před 782 dny
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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the broadly negative cues from global markets overnight, on renewed concerns over the outlook for interest rates following the hawkish remarks by US Fed Chair Jerome Powell, who reiterated the Fed is likely to continue raising interest rates in an effort to contain stubbornly elevated inflation.
RTTNews | Před 782 dny
Sensex, Nifty Seen Lower At Open On Powell's Hawkish Remarks

Sensex, Nifty Seen Lower At Open On Powell's Hawkish Remarks

Indian shares may open on a weak note Thursday after Fed Chair Jerome Powell made it clear that inflationary pressures continue to run high, and the tightening has "a long way to go", raising fears of an imminent recession.
RTTNews | Před 782 dny
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower in choppy trading on Thursday, giving up some of the gains in the previous two sessions, with the Nikkei 225 falling below the 33,500 level, following the broadly negative cues from global markets overnight, dragged by weakness in technology stocks which mirrored their peers on the tech-heavy Nasdaq.
RTTNews | Před 782 dny
Australian Market Significantly Lower

Australian Market Significantly Lower

The Australian stock market is significantly lower on Thursday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 7,300 level, following the broadly negative cues from global markets overnight, dragged by strong losses in mining and technology stocks.
RTTNews | Před 782 dny
Losing Streak May Continue For Thai Stock Market

Losing Streak May Continue For Thai Stock Market

The Thai stock market has tracked lower in three straight sessions, slumping more than 35 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,520-point plateau and it's expected to open in the red again on Thursday.
RTTNews | Před 782 dny
Soft Start Expected For Indonesia Stock Market

Soft Start Expected For Indonesia Stock Market

The Indonesia stock market on Wednesday ended the three-day slide in which it had slumped more than 50 points or 0.8 percent. The Jakarta Composite Index now sits just above the 6,700-point plateau although it may see renewed selling pressure on Thursday.
RTTNews | Před 782 dny

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