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European Stocks Drifting Lower As Central Banks Hike Interest Rates

European Stocks Drifting Lower As Central Banks Hike Interest Rates

European stocks are down firmly in negative territory in early afternoon trades on Thursday, reacting to the Federal Reserve's hawkish comments, and policy decisions from the European Central Bank (ECB), the Bank of England (BoE) and the Swiss National Bank.
RTTNews | 882天前
U.S. Retail Sales Pull Back More Than Expected In November

U.S. Retail Sales Pull Back More Than Expected In November

After reporting a sharp increase in U.S. retail sales in the previous month, the Commerce Department released a report on Thursday showing retail sales pulled back by much more than expected in the month of November.
RTTNews | 882天前
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Euro Rises After ECB Decision

Euro Rises After ECB Decision

As expected, the European Central Bank raised its main refinancing rate by 50 basis points to 2.50 percent from 2 percent. Following the announcement, the euro rose against its major opponents.
RTTNews | 882天前
Euro Mixed Ahead Of ECB Decision

Euro Mixed Ahead Of ECB Decision

The European Central Bank will announce interest rate decision at 8:15 am ET Thursday. The ECB is expected to hike its main refinancing rate by 50 basis points to 2.50 percent from 2 percent.
RTTNews | 882天前
Twitter Suspends Account That Tracked Elon Musk's Private Jet

Twitter Suspends Account That Tracked Elon Musk's Private Jet

Twitter permanently suspended an account that tracked the location of Elon Musk's private jet. The @ElonJet account, with more than 500,000 followers, was removed following a new set of policies. The company tweeted, "We've updated our Private Information policy to prohibit sharing someone else's live location in most cases."
RTTNews | 882天前

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