Forex News

Malaysia Central Bank Holds Rate Steady For Second Session

Malaysia Central Bank Holds Rate Steady For Second Session

Malaysia's central bank left its key interest rate unchanged for the a second policy meeting in a row in order to assess the impact of the past interest rate hikes on the economy. The Monetary Policy Committee of Bank Negara Malaysia decided to keep the Overnight Policy Rate unchanged at 2.75 percent.
RTTNews | 812 days ago
European Shares Decline On Rate Hike Fears

European Shares Decline On Rate Hike Fears

European stocks traded lower on Thursday after Federal Reserve Chair Jerome Powell reiterated his warning to lawmakers that the central bank may raise interest rates higher than previously anticipated.
RTTNews | 812 days ago
CAC 40 Slips On Rate Worries

CAC 40 Slips On Rate Worries

French stocks were subdued on Thursday after Fed Chair Jerome Powell once again signaled bigger interest-rate hikes, saying the U.S. central bank was wrong in initially thinking inflation was only the result of "transitory" factors.
RTTNews | 812 days ago
DAX Slips On Growth Worries

DAX Slips On Growth Worries

German stocks opened lower on Thursday amid concerns that higher interest rates may weigh on global growth.
RTTNews | 812 days ago
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China Inflation Weakest In A Year; Factory Gate Deflation Deepens

China Inflation Weakest In A Year; Factory Gate Deflation Deepens

China's consumer price inflation eased markedly in February on weak demand following the Lunar New Year holidays and producer price deflation deepened further, official data showed on Thursday. Consumer prices grew 1.0 percent on a yearly basis in February that was weaker than the 2.1 percent gain in January, the National Bureau of Statistics said.
RTTNews | 812 days ago
Commodity Currencies Fall As Most Asian Markets Traded Lower

Commodity Currencies Fall As Most Asian Markets Traded Lower

Commodity currencies such as the Australian, the New Zealand and the Canadian dollars weakened against their major counterparts in the Asian session on Thursday, as investors are reluctant to make significant moves ahead of the release of the closely watched U.S. monthly jobs report on Friday.
RTTNews | 812 days ago
European Shares Poised For Soft Open In Cautious Trade

European Shares Poised For Soft Open In Cautious Trade

European stocks may open on a sluggish note Thursday after U.S. Federal Reserve Chair Jerome Powell reiterated his hawkish stance on the second day of his congressional testimony, adding no call has been made yet on the size of March rate rise.
RTTNews | 812 days ago
European Economic News Preview: France Payroll Employment Data Due

European Economic News Preview: France Payroll Employment Data Due

Payroll employment from France is the only major economic report due on Thursday, headlining a light day for the European economic news. At 1.30 am ET, France's statistical office INSEE releases payroll employment data for the fourth quarter.
RTTNews | 812 days ago
Sensex, Nifty Tad Lower In Early Trade; Metal Stocks Shine

Sensex, Nifty Tad Lower In Early Trade; Metal Stocks Shine

Indian shares were slightly lower in early trade on Thursday, tracking mixed global cues after Federal Reserve Chair Jerome Powell said during a second day of congressional testimony that policymakers hadn't yet made up their minds on the size of the interest-rate increase later this month.
RTTNews | 812 days ago

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