Advertisement
RBA Minutes On Tap For Tuesday
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on November 4, highlighting a light day for Asia-Pacific economic activity.
At the meeting, the RBA held its cash rate at 3.60 percent, as widely expected. The bank had reduced the rate by 25 basis points each in August, May and February. The current 3.60 percent is the lowest since March 2023 as board members observed that some inflationary pressure may remain in the economy.
Hong Kong will see October figures for unemployment; in September, the jobless rate was 3.9 percent.
read more
Bay Street May Open Slightly Higher
Canadian stocks are likely to open slightly higher Thursday morning, as materials stocks may move up on firm metal prices. Oracle's lower than expected quarterly revenue and lower than expected forecasts may weigh on technology stocks.
RTTNews
|
1h 13min ago
Turkey Slashes Interest Rate By 150 Bps
Turkey's central bank slashed its benchmark rate at a sharper-than-expected pace on Thursday as demand conditions continue to support the disinflation process. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, headed by Yasar Fatih Karahan, decided to cut the policy rate by 150 basis points to 38.00 percent. Markets anticipated only 100 basis point reduction.
RTTNews
|
1h 37min ago
Major European Markets Slightly Higher In Cautious Trade
The major European markets moved slightly higher after a cautious start on Thursday as investors digested the Federal Reserve's interest rate decision and Fed Chair Jerome Powell's comments post the monetary policy meeting.
RTTNews
|
1h 46min ago
FTSE 100 Edges Higher; Magnum Ice Cream Rises Again
U.K. stocks turned in a mixed performance Thursday morning, with investors digesting the Federal Reserve's interest rate decision and Fed Chair Jerome Powell's post meet remarks, and reacting to Oracle's results.
RTTNews
|
2h 24min ago
Swiss Franc Rises After SNB Rate Decision
The Swiss franc strengthened against other major currencies in the European session on Thursday, after the Swiss National Bank left its interest rate unchanged for the second straight meeting amid weaker inflation outlooks.
RTTNews
|
2h 48min ago
CAC 40 Advances 0.5%; Schneider Electric Rises Sharply
France's benchmark stock index CAC 40 moved higher Thursday morning, reacting to the Federal Reserve's decision on Wednesday to lower interest rate by 25 basis points.
RTTNews
|
3h 10min ago
Sensex, Nifty Snap 3-day Losing Track, Settle On Firm Note
After three successive days of losses, Indian stock indices Sensex and the Nifty50 closed higher on Thursday, lifted by the Federal Reserve's decision to lower interest rate by 25 basis points.
RTTNews
|
3h 31min ago
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Thursday.
RTTNews
|
3h 57min ago
