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U.S. Dollar Losing Ground Against Majors

U.S. Dollar Losing Ground Against Majors

The U.S. dollar declined against its major counterparts in the early European session on Thursday, as investors digested Fed Chair Jerome Powell's comments that policymakers had not made a decision on the scale and path of rate hikes in the future.
RTTNews | Před 903 dny
Deutsche Post DHL Q4 Profit Down; Sees Weak EBIT In FY23

Deutsche Post DHL Q4 Profit Down; Sees Weak EBIT In FY23

Package delivery and logistics major Deutsche Post DHL Group reported Thursday weak earnings in its fourth quarter, despite higher revenues benefited mainly by international operations. For fiscal 2022, the company recorded improved results, but sees weak earnings for fiscal 2023. Over the medium term, it projects earnings growth. Further, the company raised its dividend and expanded share buyback
RTTNews | Před 903 dny
Malaysia Central Bank Holds Rate Steady For Second Session

Malaysia Central Bank Holds Rate Steady For Second Session

Malaysia's central bank left its key interest rate unchanged for the a second policy meeting in a row in order to assess the impact of the past interest rate hikes on the economy. The Monetary Policy Committee of Bank Negara Malaysia decided to keep the Overnight Policy Rate unchanged at 2.75 percent.
RTTNews | Před 903 dny
European Shares Decline On Rate Hike Fears

European Shares Decline On Rate Hike Fears

European stocks traded lower on Thursday after Federal Reserve Chair Jerome Powell reiterated his warning to lawmakers that the central bank may raise interest rates higher than previously anticipated.
RTTNews | Před 903 dny
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CAC 40 Slips On Rate Worries

CAC 40 Slips On Rate Worries

French stocks were subdued on Thursday after Fed Chair Jerome Powell once again signaled bigger interest-rate hikes, saying the U.S. central bank was wrong in initially thinking inflation was only the result of "transitory" factors.
RTTNews | Před 903 dny
DAX Slips On Growth Worries

DAX Slips On Growth Worries

German stocks opened lower on Thursday amid concerns that higher interest rates may weigh on global growth.
RTTNews | Před 903 dny
China Inflation Weakest In A Year; Factory Gate Deflation Deepens

China Inflation Weakest In A Year; Factory Gate Deflation Deepens

China's consumer price inflation eased markedly in February on weak demand following the Lunar New Year holidays and producer price deflation deepened further, official data showed on Thursday. Consumer prices grew 1.0 percent on a yearly basis in February that was weaker than the 2.1 percent gain in January, the National Bureau of Statistics said.
RTTNews | Před 903 dny
Commodity Currencies Fall As Most Asian Markets Traded Lower

Commodity Currencies Fall As Most Asian Markets Traded Lower

Commodity currencies such as the Australian, the New Zealand and the Canadian dollars weakened against their major counterparts in the Asian session on Thursday, as investors are reluctant to make significant moves ahead of the release of the closely watched U.S. monthly jobs report on Friday.
RTTNews | Před 903 dny
European Shares Poised For Soft Open In Cautious Trade

European Shares Poised For Soft Open In Cautious Trade

European stocks may open on a sluggish note Thursday after U.S. Federal Reserve Chair Jerome Powell reiterated his hawkish stance on the second day of his congressional testimony, adding no call has been made yet on the size of March rate rise.
RTTNews | Před 903 dny

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