Forex News

Commodity Currencies Rise Against Most Majors

Commodity Currencies Rise Against Most Majors

Commodity currencies such as the Australia, the New Zealand and the Canadian dollars strengthened against their most major currencies in the late Asian session on Monday.
RTTNews | 640 days ago
China Inflation To Rebound On Economic Recovery

China Inflation To Rebound On Economic Recovery

China's consumer price inflation is set to rebound further over the coming months as the economy is set to recover moderately driven by policy measures, Capital Economics' economists said. Official data released over the weekend showed that consumer prices climbed 0.1 percent annually in August, reversing a 0.3 percent drop in July, which was the first decline since February 2021.
RTTNews | 640 days ago
Restaurant Brands' Firehouse Subs To Open More Than 100 Restaurants In Middle East

Restaurant Brands' Firehouse Subs To Open More Than 100 Restaurants In Middle East

Restaurant Brands International Inc. is teaming with Dubai's fashion and lifestyle retail conglomerate Apparel Group to develop and open more than 100 restaurants under its Firehouse Subs brand across UAE and Oman in the next decade. The agreement marks the global expansion of Firehouse Subs, a strong and growing player within the Quick Service Restaurant or QSR sandwich category in the U.S.
RTTNews | 640 days ago
European Economic News Preview: Italy Industrial Production Data Due

European Economic News Preview: Italy Industrial Production Data Due

Industrial production from Italy is the only major data due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway publishes consumer and producer prices for August. Inflation is expected to ease marginally to 5.3 percent from 5.4 percent in July.
RTTNews | 640 days ago
Sensex, Nifty Open Higher Despite Muted Global Cues

Sensex, Nifty Open Higher Despite Muted Global Cues

Indian shares opened on a firm note Monday despite muted cues from global markets. The benchmark S&P BSE Sensex was up 193 points, or 0.3 percent, at 66,792 in early trade while the broader NSE Nifty index was up 67 points, or 0.3 percent, at 19,886.
RTTNews | 640 days ago
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Asian Markets Mostly Weak

Asian Markets Mostly Weak

Asian stock markets is trading mostly lower on Monday, despite the positive cues from global markets on Friday, as recent economic data has led to worries the US Fed may leave rates higher for longer than previously anticipated. The escalating Sino-U.S. tensions and the potentially hawkish remarks by the Bank of Japan governor over the weekend are also weighing on the markets.
RTTNews | 640 days ago
Sensex, Nifty Poised For Flat Open

Sensex, Nifty Poised For Flat Open

Indian shares look set to open flat to slightly lower on Monday as investors react to a cautious global market atmosphere. Profit booking after six consecutive sessions of gains may also weigh on markets at open.
RTTNews | 641 days ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower in choppy trading on Monday after opening in the green, extending the losses in the previous two sessions, with the Nikkei 225 falling below the 32,600 level, despite the positive cues from global markets on Friday, dragged by weakness in technology stocks partially offset by gains in financial stocks.
RTTNews | 641 days ago
Thai Shares Tipped To Bounce Higher Again On Monday

Thai Shares Tipped To Bounce Higher Again On Monday

The Thai stock market on Friday snapped the modest two-day winning streak in which it had risen just 2 points or 0.16 percent. The Stock Exchange of Thailand now sits just beneath the 1,550-point plateau although it's likely to see renewed support on Monday.
RTTNews | 641 days ago
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is modestly lower on Monday, extending the losses in the previous four sessions, with the benchmark S&P/ASX 200 staying above the 7,400 level, despite the positive cues from global markets on Friday, dragged by miners and technology stocks, partially offset by small gains in energy and financial stocks.
RTTNews | 641 days ago
Higher Open Anticipated For Indonesia Shares

Higher Open Anticipated For Indonesia Shares

The Indonesia stock market has tracked lower in two straight sessions, stumbling more than 70 points or 1 percent along the way. The Jakarta Composite Index now sits just beneath the 6,925-point plateau and it's predicted to halt its slide on Monday.
RTTNews | 641 days ago

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