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Swiss Franc Eases Following SNB Rate Hike
The Swiss franc that traded higher in the European session on Thursday following the Swiss National Bank's decision to raise its key interest rate retraced its gains shortly.
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Commercial Metals Q2 Results Top Estimates; Boosts Dividend 14%
Commercial Metals Co. (CMC) on Monday reported that net earnings for the second quarter more than halved to $179.85 million or $1.51 per share from $383.31 million or $3.12 per share in the prior-year quarter.
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European Stocks Down In Negative Territory; BoE Rate Decision In Focus
European stocks are down firmly in negative territory a little before noon on Thursday as investors weigh the impact of the Federal Reserve's policy move, and react to US Treasury Secretary Janet Yellen's comments.
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Před 867 dny
Singapore Inflation Eases To 6.1%, Lowest In 9 Months
Singapore's consumer price inflation moderated in February to the lowest level in nine months amid a slowdown in private transport charges, data published by the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Thursday.
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Sensex, Nifty Close Lower After Volatile Session
Indian stocks closed weak on Thursday, drifting down after two successive days of gains, as investors weighed the Federal Reserve's rate hike move, and reacted to comments from US Treasury Secretary Janet Yellen.
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Před 867 dny
Asian Stocks Close Mixed After Cautious Session
Asian stocks turned in a mixed performance on Thursday as investors made largely cautious moves after the U.S. Federal Reserve raised rates by 25 basis points and signaled another hike to fight inflation.
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Před 867 dny
Franc Climbs After SNB Decision
As expected, the Swiss National Bank raised its policy rate by 50 basis points to 1.5 percent. The franc advanced against its major counterparts after the decision.
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Před 867 dny
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Franc Mixed Ahead Of SNB Decision
The Swiss National Bank's monetary policy announcement is due at 4:30 am ET Thursday. The central bank is set to lift the benchmark rate by 50 basis points to 1.5 percent.
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Před 867 dny
Hong Kong Central Bank Hikes Base Rate By 25 Bps
The Hong Kong Monetary Authority lifted its benchmark rate by 25 basis points on Thursday, following the policy announcement of the U.S. Federal Reserve a day earlier. The HKMA adjusted the Base Rate upward to 5.25 percent from 5.00 percent with immediate effect.
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Před 867 dny
U.S. Dollar Extends Fall As Fed Signals Pause On Further Rate Hike
The U.S. dollar extended its early slide against other major currencies in the Asian session on Thursday, after the U.S. Federal Reserve signaled a pause on future rate hike in the view of recent turmoil in the banking industry.
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Před 867 dny
European Economic News Preview: BoE, SNB Monetary Policy Set To Lift Rates
The monetary policy announcements from the Bank of England and the Swiss National Bank are the major events due on Thursday. Despite the recent turbulence in the banking sector, the Bank of England is expected to raise its benchmark rate by a quarter-point after official data showed an unexpected acceleration in inflation in February. The announcement is due at 8.00 AM ET.
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Před 868 dny
European Shares Poised For Mixed Start
European stocks may open mixed on Thursday taking cues from Asian markets following broadly negative Wall Street trading overnight, amid U.S. Federal Reserve's rate hike move that was widely expected. Traders are likely to react to the US Fed's decision to raise interest rate by 25 basis points and its signaling of another rate hike despite recent turmoil in the banking industry.
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Před 868 dny
Sensex, Nifty Down Marginally In Cautious Trade
After an early setback and a subsequent recovery into positive territory, Indian shares retreated Thursday morning following a fresh round of selling at some frontline counters.
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Před 868 dny
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