Berita Valas

Asian Markets Mostly Higher Amid Cautious Trades

Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from global markets overnight, as traders remained cautious even as worries eased about interest rates following data showing cooling US inflation. The US Fed is widely expected to further slow the pace of rate hikes to 25 basis points at its next meeting. Asian markets ended mixed on Thursday.
RTTNews | 975 days ago
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is slightly higher on Friday after being in the red at open, following the sharp losses in the previous session, with the benchmark Nikkei 225 staying above the 26,400 level, despite the broadly negative cues from global markets overnight, as the expected weak domestic inflation figures was already accounted for by the market.
RTTNews | 975 days ago
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher in choppy trading on Friday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 7,400 level, despite the broadly negative cues from global markets overnight, with gains is mining and energy stocks amid continued strength in commodity prices.
RTTNews | 975 days ago
TSX Ends Lower For 2nd Straight Day

TSX Ends Lower For 2nd Straight Day

After opening moderately lower Thursday morning and languishing in negative territory till around mid afternoon, the Canadian market briefly emerged above the flat line before turning weak against to finally end the day's session with a modest loss.
RTTNews | 975 days ago
Dollar Loses Ground Against Major Counterparts

Dollar Loses Ground Against Major Counterparts

The U.S. dollar was weak against its major counterparts on Thursday, weighed down by concerns about slowing U.S. economy following aggressive policy tightening by the Federal Reserve.
RTTNews | 975 days ago
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Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

The Switzerland stock market ended notably lower on Thursday, tracking weak global cues amid rising concerns about a possible recession in the U.S.
RTTNews | 976 days ago
ECB Rate Hikes Have A Long Way To Go

ECB Rate Hikes Have A Long Way To Go

The European Central Bank is set to continue its interest rate hikes for some time ahead as the minutes of the latest policy session in December revealed that many policymakers had sough a jumbo raise of 75 basis points due to the prospect of inflation staying high for too long, but eventually agreed on a smaller half basis point lift in a bid to have more room for higher rates in the future.
RTTNews | 976 days ago
Euro In Positive Territory After Lagarde's Remarks

Euro In Positive Territory After Lagarde's Remarks

The euro was higher against its major counterparts in the European session on Thursday, as European Central Bank President Christine Lagarde affirmed that the central bank will keep raising interest rates to rein in inflation.
RTTNews | 976 days ago
Norges Bank Signals Rate Hike In March

Norges Bank Signals Rate Hike In March

The Norwegian Central Bank decided to keep its benchmark interest rate unchanged at its January meeting, in line with market expectations, and policymakers hinted that further rate hikes would be needed to bring inflation down to the target.
RTTNews | 976 days ago
Philly Fed Index Increases But Remains Negative In January

Philly Fed Index Increases But Remains Negative In January

The Federal Reserve Bank of Philadelphia released a report on Thursday showing regional manufacturing activity has contracted at a slower rate in the month of January. The Philly Fed said its diffusion index for current activity climbed to a negative 8.9 in January from a negative 13.7 in December.
RTTNews | 976 days ago

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