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CAC Modestly Lower On Profit Taking

After a positive start, the French stock market retreated Thursday morning, and is modestly lower now with investors taking some profits at a few frontline counters.
RTTNews | vor 162 Tagen
Yen Rises Amid BoJ Rate Hike Prospects

Yen Rises Amid BoJ Rate Hike Prospects

The Japanese yen strengthened against other major currencies in the European session on Thursday, in reaction to the Bank of Japan's (BoJ) hawkish monetary policy outlook. Additionally, concerns about a worsening global trade war are driving up demand for safe haven currency like JPY.
RTTNews | vor 162 Tagen
UK Construction Logs Sharpest Downturn Since 2020

UK Construction Logs Sharpest Downturn Since 2020

The UK construction sector registered the sharpest contraction since May 2020 on notable falls in orders and output, survey results from S&P Global showed on Thursday. The construction Purchasing Managers' Index fell unexpectedly to 44.6 in February from 48.1 in January. The reading was seen at 49.5.
RTTNews | vor 162 Tagen
Sensex, Nifty Extend Gains For Second Day On Tariff Relief Hopes

Sensex, Nifty Extend Gains For Second Day On Tariff Relief Hopes

Indian shares rose notably on Thursday, extending the previous session's sharply rally, as U.S. tariff concerns eased and China's finance ministry left the door open to more stimulus measures on top of those announced at the annual parliament meeting this week.
RTTNews | vor 162 Tagen
DAX Pares Some Gains After Hitting Fresh Record High

DAX Pares Some Gains After Hitting Fresh Record High

German stocks rose to fresh record highs Thursday morning, as the Trump administration's decision to suspend car import duties from Canada and Mexico for a month raising optimism about potential tariff relaxation or exemptions on other products.
RTTNews | vor 162 Tagen
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the European session on Thursday.
RTTNews | vor 162 Tagen
Euro Rises As Bond Prices Surge On Europe's Defense Buildup

Euro Rises As Bond Prices Surge On Europe's Defense Buildup

The euro strengthened against other major currencies in the Asian session on Thursday, following a spike in European bond yields on Germany's proposed 500-billion-euro ($539.85 billion) infrastructure fund and a revision to borrowing restrictions.
RTTNews | vor 162 Tagen
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German Construction Activity Remains In Deep Contraction

German Construction Activity Remains In Deep Contraction

Germany's construction sector continued to contract and the pace of decline worsened in February, survey results from S&P Global showed on Thursday. The HCOB construction Purchasing Managers' Index registered 41.2 in February, down from January's 20-month high of 42.5. The reading remained well below 50.0 indicating contraction.
RTTNews | vor 162 Tagen
European Shares Mostly Higher Ahead Of ECB Meeting

European Shares Mostly Higher Ahead Of ECB Meeting

European shares traded higher on Thursday as trade worries eased, and investors looked ahead to the European Central Bank's interest-rate decision and President Christine Lagarde's press conference later in the day for direction.
RTTNews | vor 162 Tagen
Asian Shares Climb Led By China And Hong Kong

Asian Shares Climb Led By China And Hong Kong

Asian stocks advanced on Thursday after U.S. President Donald exempted automakers from newly imposed tariffs on Mexico and Canada for one month, raising hopes for negotiations.
RTTNews | vor 162 Tagen
Commodity Currencies Rise Amid Risk-on Mood

Commodity Currencies Rise Amid Risk-on Mood

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Thursday amid risk appetite, as traders react positively to news that the Trump administration announced a one-month delay on tariffs affecting cars entering the U.S. from Canada and Mexico, raising hopes for negotiations.
RTTNews | vor 162 Tagen
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the Asian session on Thursday.
RTTNews | vor 162 Tagen

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