Advertisement
Forex News
SNB Lifts Rate By 25 Bps, Signals More Tightening
The Swiss National Bank continued its policy tightening with yet another hike to its interest rates, but at a slower pace as expected, and signaled more such moves to counter the rising inflationary pressures. Switzerland's central bank hiked its policy rate by 25 basis points to 1.75 percent on Thursday. The new rate applies from June 23.
RTTNews |
693 days ago
DAX Slides On US Rate Worries
German stocks fell notably on Thursday as hawkish comments from Federal Reserve Chair Jerome Powell stoked uncertainty about the U.S. rate outlook.
RTTNews
|
693 days ago
Asian Shares Mixed After Powell Comments
Asian stocks ended mixed in thin trade on Thursday, with markets in China, Hong Kong and Taiwan closed for the Dragon Boat Festival.
RTTNews
|
693 days ago
Franc Weakens After SNB Decision
As expected, the Swiss National Bank raised its policy rate by 25 basis points to 1.75 percent. The franc fell against its major counterparts after the decision.
RTTNews
|
693 days ago
Swiss Franc Rises Ahead Of SNB Rate Decision
At 3:30 am ET Thursday, the Swiss National Bank's interest rate announcement is due. The central bank is expected to lift the key rate by 25 bps to 1.75 percent.
RTTNews
|
693 days ago
European Shares Seen Little Changed At Open With Focus On BoE
European stocks are seen opening largely unchanged on Thursday, as investors await Chair Jerome Powell's second day of testimony on Capitol Hill and the Bank of England's interest-rate decision later in the day.
RTTNews
|
693 days ago
European Economic News Preview: Bank Of England Monetary Policy Decision Due
The monetary policy announcements from the Bank of England and the Swiss National Bank are the major events due on Thursday. At 2.45 am ET, France's statistical office publishes business sentiment survey results. The business confidence index is expected to remain unchanged at 99 in June.
RTTNews
|
693 days ago
more news
Sensex, Nifty Little Changed On Weak Global Cues
Indian shares were little changed on Thursday, with IT stocks underperforming after Fed Chair Powell reiterated that interest rates would need to rise further to contain stubbornly elevated inflation.
RTTNews
|
693 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews
|
693 days ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Thursday, following the broadly negative cues from global markets overnight, on renewed concerns over the outlook for interest rates following the hawkish remarks by US Fed Chair Jerome Powell, who reiterated the Fed is likely to continue raising interest rates in an effort to contain stubbornly elevated inflation.
RTTNews
|
693 days ago
Sensex, Nifty Seen Lower At Open On Powell's Hawkish Remarks
Indian shares may open on a weak note Thursday after Fed Chair Jerome Powell made it clear that inflationary pressures continue to run high, and the tightening has "a long way to go", raising fears of an imminent recession.
RTTNews
|
693 days ago
Japanese Market Modestly Lower
The Japanese stock market is modestly lower in choppy trading on Thursday, giving up some of the gains in the previous two sessions, with the Nikkei 225 falling below the 33,500 level, following the broadly negative cues from global markets overnight, dragged by weakness in technology stocks which mirrored their peers on the tech-heavy Nasdaq.
RTTNews
|
693 days ago
Australian Market Significantly Lower
The Australian stock market is significantly lower on Thursday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 7,300 level, following the broadly negative cues from global markets overnight, dragged by strong losses in mining and technology stocks.
RTTNews
|
693 days ago
Stay up to date!
Add News to your browser
Add To Chrome
