Forex News

Swiss GDP Growth Improves In Q4

Swiss GDP Growth Improves In Q4

Switzerland's economic growth improved more than estimated in the fourth quarter on consumption and exports, official data revealed on Thursday. GDP grew 0.5 percent from the previous quarter, following a 0.2 percent rise in the third quarter, the State Secretariat for Economic Affairs, or SECO. The fourth quarter growth marginally exceeded the flash estimate of 0.4 percent.
RTTNews | 80 days ago
Antipodean Currencies Fall As Trump's Tariff Threats Prompt Risk-off Mood

Antipodean Currencies Fall As Trump's Tariff Threats Prompt Risk-off Mood

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday amid risk aversion, as concerns over a global trade war reignited after US President Donald Trump's latest tariff announcements. He newly indicated plans for 25 percent "reciprocal" tariffs on European autos and other goods.
RTTNews | 80 days ago
DAX Slids 1.1% On Tariff Jitters

DAX Slids 1.1% On Tariff Jitters

German stocks are notably lower Thursday morning, hurt by U.S. President Donald Trump's announcement that he would impose a 25% tariff on European cars and other goods, to curb unfair trade practices.
RTTNews | 80 days ago
European Shares Decline On Trade War Fears

European Shares Decline On Trade War Fears

European stocks were moving lower on Thursday following U.S. President Donald Trump's ambiguous tariff threats against Europe and amid confusion over the timing of planned duties on Canada and Mexico.
RTTNews | 80 days ago
NZ Dollar Falls Against Majors

NZ Dollar Falls Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews | 80 days ago
Asian Shares Mixed As Tariff Worries Weigh

Asian Shares Mixed As Tariff Worries Weigh

Asian shares ended mixed on Thursday as U.S. President Donald Trump floated a 25 percent "reciprocal" tariff on European cars and other goods and signaled another month-long extension for looming levies on Canada and Mexico.
RTTNews | 80 days ago
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UK Car Production Declines Sharply: SMMT

UK Car Production Declines Sharply: SMMT

UK car production logged a double-digit decline in January reflecting weakness in key markets combined with planned model changeovers, the Society of Motor Manufacturers and Traders, or SMMT, said Thursday. In January, vehicle production slid 17.7 percent from a year ago. Factories rolled out 71,104 cars and 6,908 commercial vehicles.
RTTNews | 80 days ago
European Economic News Preview: Eurozone Economic Confidence Data Due

European Economic News Preview: Eurozone Economic Confidence Data Due

Economic sentiment survey results and monetary aggregates from the euro area are due on Thursday, headlining a busy day for the European economic news. At 3.00 am ET, the State Secretariat for Economic Affairs releases Swiss GDP data for the fourth quarter. The economy is forecast to grow 0.2 percent sequentially after rising 0.4 percent in the third quarter.
RTTNews | 80 days ago
Sensex, Nifty Lack Direction; Financials Surge

Sensex, Nifty Lack Direction; Financials Surge

Indian shares struggled for direction in early trade on Thursday due to prevailing uncertainty over U.S. President Donald Trump's trade policies and ongoing FII selling.
RTTNews | 80 days ago
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Thursday, following the mixed cues from Wall Street overnight, as concerns over a global trade war reignited after US President Donald Trump's latest tariff announcements. He newly indicated plans for 25 percent "reciprocal" tariffs on European autos and other goods. Asian Markets closed mixed on Wednesday.
RTTNews | 80 days ago

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