Iceland Unexpectedly Cuts Policy Rate By 25 Bps

Iceland Cuts Key Interest Rate For Fourth Straight Time

Iceland central bank lowered its benchmark rate for the fourth consecutive meeting on Wednesday, but policymakers stressed on the need for caution in future as inflationary pressures remain, and in view of the heighted global economic uncertainty. The Monetary Policy Committee of the Central Bank of Iceland, led by Governor Asgeir Jonsson, unanimously reduced the seven-day term deposit rate by 25

RTTNews | 252天前

Iceland Central Bank Raises Key Interest Rate To 8.75%

Iceland's central bank raised its key interest rate sharply at its May meeting on Wednesday to contain the risk of a wage-price spiral in the face of strong demand pressures, and the policy board hinted that further rate hikes would bring inflation back to the target range and thereby ensure a better balanced economy.

RTTNews | 917天前

Iceland Central Bank Lifts Rate By 100 Bps

Iceland's central bank raised its key interest rate sharply on Wednesday to contain the risk of wage-price spiral in the face of strong demand pressures and the upcoming wage negotiations. The Monetary Policy Committee of the Central Bank of Iceland decided to raise the benchmark interest rate, which is the rate on seven-day term deposits, by 100 basis points to 7.50 percent.

RTTNews | 980天前

Iceland Central Bank Raises Policy Rates To Tame Inflation

Iceland's central bank lifted its key interest rate for the fourth time this year and signaled further hikes to tame inflation. The Monetary Policy Committee of the Central Bank of Iceland decided to raise the key seven-day term deposit rate by 75 basis points to 5.50 percent. A similar higher rate was last seen in May 2017.

RTTNews | 1190天前

Bank Of Korea Keeps Key Rate Unchanged

The Bank of Korea left its key interest rate unchanged as policymakers remained cautious about risks associated with household debt and the impact of heightened currency volatility. The Monetary Policy Board decided to maintain the Base Rate at 2.50 percent, as widely expected, on Thursday.

RTTNews | 1小時11分鐘前

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market moves, but extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains in gold miners, financial and technology stocks.

RTTNews | 1小時42分鐘前

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders continue to express optimism about the outlook for interest rates following the recent dovish comments from some US Fed officials. Asian markets closed mostly higher on Wednesday.

RTTNews | 2小時5分鐘前

Sensex, Nifty Look Set For Positive Start

Higher GIFT Nifty futures, Wall Street's firm close overnight, and steady Asian markets point to a positive start for Indian shares on Thursday. Rising optimism about an interest rate cut by the Federal Reserve in December is likely to trigger another round of buying, although uncertainty around a potential U.S.-Indian trade deal could limit market's upside.

RTTNews | 2小時20分鐘前

EURUSD	1.16017	GBPUSD	1.32549	AUDUSD	0.65306
USDJPY	156.072	USDCAD	1.40353	USDCHF	0.80359