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Thai Central Bank Lifts Rate By 25 Bps

Thailand's central bank raised its interest rate by a quarter point as inflation is set to remain high on domestic energy prices. The Monetary Policy Committee of the Bank of Thailand unanimously decided to raise the policy rate by 0.25 percentage point to 1.25 percent, with immediate effect. This was the third rate hike this year after a 25 basis point increase in September and August.
RTTNews | Před 903 dny
Around 196.7 Mln Shop Over Thanksgiving Holiday Weekend

Around 196.7 Mln Shop Over Thanksgiving Holiday Weekend

Over the Thanksgiving holiday weekend, from Thanksgiving Day to Cyber Monday, around 196.7 million Americans shopped in stores and online, higher than the previous year, according to the National Retail Federation or NRF. Black Friday continued to be the most favored day for in-store as well as online shopping during the five-day holiday period.
RTTNews | Před 903 dny
NZ Dollar Advances Amid Rising Risk Appetite

NZ Dollar Advances Amid Rising Risk Appetite

The NZ dollar climbed against its major counterparts in the Asian session on Wednesday, as investors awaited a speech by Federal Reserve Chair Jerome Powell for more signals on the economy and rate hike outlook.
RTTNews | Před 903 dny
European Shares Gain Ahead Of Inflation Data

European Shares Gain Ahead Of Inflation Data

European stocks advanced on Wednesday and bond yields rose, as investors awaited the release of November inflation data for the single-currency bloc for directional cues. Ahead of the ECB's interest-rate decision next month, ECB President Christine Lagarde said earlier this week that inflation in Europe hasn't reached its peak yet and it risks turning out even higher than currently expected.
RTTNews | Před 903 dny
FTSE 100 Gains Ahead Of Powell's Speech

FTSE 100 Gains Ahead Of Powell's Speech

U.K. stocks advanced on Wednesday as investors awaited U.S. Federal Reserve Chair Jerome Powell's speech later in the day for interest-rate clues.
RTTNews | Před 903 dny
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DAX Inches Higher Ahead Of Key Inflation Data

DAX Inches Higher Ahead Of Key Inflation Data

German stocks were moving higher on Wednesday, as investors awaited crucial Eurozone inflation data later in the day as well as Fed Chair Jerome Powell's speech that could give further insight into future interest rate hikes.
RTTNews | Před 903 dny
Asian Shares Mostly Higher Despite Weak China Data

Asian Shares Mostly Higher Despite Weak China Data

Asian stocks ended Wednesday's session broadly higher despite weak data from China and worries about the worsening COVID-19 situation in the country. Investors also awaited U.S. Federal Reserve Chair Jerome Powell's speech later in the day for interest-rate clues.
RTTNews | Před 903 dny
European Economics Preview: Germany Unemployment Data Due

European Economics Preview: Germany Unemployment Data Due

Unemployment from Germany and flash inflation from the euro area are the top economic news due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis publishes Germany's unemployment figures for October. At 2.45 am ET, France's statistical office INSEE is scheduled to release flash consumer prices and detailed quarterly national accounts.
RTTNews | Před 903 dny
Asian Markets Mostly Higher In Cautious Trades

Asian Markets Mostly Higher In Cautious Trades

Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from global markets overnight, as traders remain cautious ahead of key economic events that are likely to affect the outlook for interest rates. The first decrease in new Covid infections in more than a week in China is generating some positive sentiment. Asian Markets closed mostly higher on Tuesday.
RTTNews | Před 903 dny

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