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Pound Falls Amid War Worries, Downbeat Retail Sales Data

Pound Falls Amid War Worries, Downbeat Retail Sales Data

The British pound weakened against other major currencies in the European session on Friday, as European shares traded lower amid worries over rising bond yields and the escalating Israel-Hamas conflict.
RTTNews | 590 일 전
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 590 일 전
CAC 40 Slides As Yields Extend Climb

CAC 40 Slides As Yields Extend Climb

French stocks declined on Friday, with a surge in U.S. bond yields and escalating Middle East tensions keeping investors nervous.
RTTNews | 590 일 전
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UK Retail Sales Fall More Than Expected

UK Retail Sales Fall More Than Expected

UK retail sales logged a bigger-than-expected decline in September as the cost of living pressures damped spending and consumer sentiment. Retail sales dropped 0.9 percent on a monthly basis, in contrast to the 0.4 percent increase in August, the Office for Statistics reported Friday. Sales were forecast to ease 0.2 percent.
RTTNews | 590 일 전
China Keeps Lending Rates Unchanged As Expected

China Keeps Lending Rates Unchanged As Expected

The People's Bank of China left its benchmark rates unchanged on Friday, as widely expected, after the economic growth exceeded expectations leaving the economy back on the track to achieve the target. The Chinese central bank maintained its one-year loan prime rate, or LPR, at 3.45 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was left unchanged at 4.20 percent.
RTTNews | 590 일 전
European Economic News Preview: UK Retail Sales, Public Sector Finance Data Due

European Economic News Preview: UK Retail Sales, Public Sector Finance Data Due

Retail sales and public sector finances from the UK are the top economic news due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector finance figures. Retail sales are forecast to fall 0.2 percent on month in September, reversing a 0.4 percent rise in August.
RTTNews | 590 일 전

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