Forex News

European Shares Decline On Rate Worries

European Shares Decline On Rate Worries

European stocks hovered near three-month lows on Thursday, as investors digested hawkish signals from Fed and ECB policymakers and waited for the Bank of England's interest-rate decision later in the day.
RTTNews | 693 days ago
FTSE 100 Declines Ahead Of BoE Rate Decision

FTSE 100 Declines Ahead Of BoE Rate Decision

U.K. stocks were moving lower on Thursday, as investors reacted to hawkish signals from Fed and ECB policymakers and waited for the Bank of England's interest-rate decision later in the day.
RTTNews | 693 days ago
SNB Lifts Rate By 25 Bps, Signals More Tightening

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

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
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Franc Weakens After SNB Decision

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

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 Economic News Preview: Bank Of England Monetary Policy Decision Due

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 | 694 days ago
Sensex, Nifty Little Changed On Weak Global Cues

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 | 694 days ago

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