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Bank Of Japan Keeps Policy Unchanged

The Bank of Japan maintained its negative interest rate and the yield curve control on Tuesday, and also retained its dovish forward guidance at the final meeting of the year. The BoJ policy board, led by Governor Kazuo Ueda, unanimously decided to maintain a negative interest rate of 0.1 percent on current accounts that financial institutions maintain at the central bank.
RTTNews | Před 604 dny
Nikola Founder Trevor Milton Gets 4-year Prison For Fraud

Nikola Founder Trevor Milton Gets 4-year Prison For Fraud

Nikola Corp.'s founder Trevor Milton was sentenced to four years in prison for making false and misleading statements to retail investors to drive investor demand. He was also fined $1 million, and three years of supervised release. As per reports, he could be forced to forfeit property as part of his sentence. Judge Edgar Ramos reportedly allowed Milton to remain free on bail while he appeals...
RTTNews | Před 604 dny
FTSE 100 Marginally Higher On US Rate Cut Hopes

FTSE 100 Marginally Higher On US Rate Cut Hopes

U.K. stocks were marginally higher on Tuesday after San Francisco Fed President Mary Daly said cuts to the U.S. central bank's benchmark rate are likely to be appropriate next year because of an improvement in inflation.
RTTNews | Před 604 dny
CAC 40 Gives Up Early Gains

CAC 40 Gives Up Early Gains

French stocks slipped into the red on Tuesday, giving up early gains as investors awaited the release of the final reading of eurozone inflation for November for direction.
RTTNews | Před 604 dny
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Yen Slides After BoJ Leaves Monetary Policy Intact

Yen Slides After BoJ Leaves Monetary Policy Intact

The Japanese yen weakened against other major currencies in the early Asian session on Tuesday after the Bank of Japan retained its massive monetary policy stimulus, as widely expected.
RTTNews | Před 604 dny
European Economic News Preview: Eurozone Final HICP Data Due

European Economic News Preview: Eurozone Final HICP Data Due

Final inflation data from the euro area is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Switzerland's Federal Customs Administration is scheduled to issue foreign trade data for November. The trade surplus is forecast to fall to CHF 3.5 billion from CHF 4.6 billion in October.
RTTNews | Před 604 dny
European Shares Set For Steady Open

European Shares Set For Steady Open

European stocks may open slightly higher on Tuesday as investors react to the latest comments from Federal Reserve officials and look ahead to a slew of U.S. data this week for fresh insights on the Federal Reserve's next policy move.
RTTNews | Před 604 dny
Sensex, Nifty Decline On Weak Asian Cues

Sensex, Nifty Decline On Weak Asian Cues

Indian shares traded lower on Tuesday, tracking mixed global cues in view of cautious comments from Federal Reserve officials and concerns over recent attacks on ships crossing the Red Sea.
RTTNews | Před 605 dny
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the early Asian session on Tuesday.
RTTNews | Před 605 dny
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Tuesday, following the positive cues from Wall Street overnight, amid optimism about the outlook for interest rates, after the US Fed's latest projections hinted at three rate cuts early next year. However, several Fed officials have subsequently pushed back on investor hopes that rate cuts by the central bank are imminent.
RTTNews | Před 605 dny

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