Forex News

DAX Dips Ahead Of Key Inflation Data

DAX Dips Ahead Of Key Inflation Data

German stocks fell on Thursday amid worries about continued monetary policy tightening by the U.S. Federal Reserve and the European Central Bank.
RTTNews | 812 days ago
Asian Shares Mixed Amid Rising Bond Yields

Asian Shares Mixed Amid Rising Bond Yields

Asian stocks turned in a mixed performance on Thursday, the dollar strengthened, and bond yields hit fresh multi-month highs, as signs of rising inflationary pressures in the U.S. and hawkish comments from Federal Reserve officials cemented investor worries over further interest-rate hikes.
RTTNews | 812 days ago
Australian Dollar Falls After Weak Economic Data

Australian Dollar Falls After Weak Economic Data

The Australian dollar slipped against other major currencies in the Asian session on Thursday, after the official data showed that building approvals tumbled in January, adding concerns about the strength of the economy. Data from the Australian Bureau of Statistics showed that the total number of buildings approved in Australia was down a seasonally adjusted 27.6 percent on month in January, coming in at 12,065. That was well shy of expectations for a drop of 8.0 percent following the downwardly revised 15.3 percent spike in December.
RTTNews | 812 days ago
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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Thursday, following the mostly negative cues from Wall Street overnight, as traders remain cautious amid concerns about growth and the outlook for interest rates. Data on US manufacturing activity in February added to recent concerns about inflation and the outlook for interest rates. Asian Markets closed mostly higher on Wednesday.
RTTNews | 812 days ago

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