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UK Car Production Surges On Easing Semiconductor Shortage: SMMT

UK Car Production Surges On Easing Semiconductor Shortage: SMMT

UK car manufacturers ramped up production in February following an easing of supply chain shortages, the Society of Motor Manufacturers and Traders or SMMT, reported Thursday. Car production increased 13.1 percent on a yearly basis to 69,707 units in February. An additional 8,050 cars were manufactured in February.
RTTNews | 855 days ago
European Economic News Preview: Germany Flash Inflation Data Due

European Economic News Preview: Germany Flash Inflation Data Due

Flash inflation from Germany and economic confidence survey results from euro area are the top economic news due on Thursday, headlining a busy day for the European economic news. At 3.00 am ET, Spain's statistical office INE publishes flash consumer and harmonized prices for March. Consumer price inflation is forecast to ease sharply to 3.8 percent from 6.0 percent in February.
RTTNews | 855 days ago
NZ Dollar Drops Against Majors

NZ Dollar Drops Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews | 855 days ago
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Asian Markets Trading Mixed

Asian Markets Trading Mixed

Asian stock markets are trading mixed on Thursday, following the broadly positive cues from global markets overnight, as traders indulged booking some profits after the recent gains amid continued easing of concerns about contagion from the recent turmoil in the banking sector. Markets were spurned by a rebound by technology stocks, which mirrored their peers on the tech-heavy Nasdaq.
RTTNews | 855 days ago
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is significantly lower on Thursday, giving up some of the gains in the previous three sessions, with the Nikkei 225 falling below the 27,700 level, despite the broadly positive cues from global markets overnight, as traders indulged in booking some profits after the recent gains in the markets amid easing concerns about the turmoil in banking industry.
RTTNews | 856 days ago
Thai Stock Market May Add To Its Winnings

Thai Stock Market May Add To Its Winnings

The Thai stock market has tracked higher in three straight sessions, advancing almost 20 points or 1.2 percent along the way. The Stock Exchange of Thailand now rests just above the 1,610-point plateau and it's got a strong lead again for Thursday's trade.
RTTNews | 856 days ago
Indonesia Stock Market May Challenge Resistance At 6,900 Points

Indonesia Stock Market May Challenge Resistance At 6,900 Points

The Indonesia stock market has finished higher in back-to-back sessions, gathering more than 130 points or 1.9 percent along the way. The Jakarta Composite Index now sits just beneath the 6,840-point plateau and it's expected to open higher again on Thursday.
RTTNews | 856 days ago
Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is significantly higher on Thursday, extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 moving above the 7,100 level, following the broadly positive cues from global markets overnight, boosted by technology stock which mirrored their peers on the tech-heavy Nasdaq. Heavy-weight miners and banks are also gaining.
RTTNews | 856 days ago

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