Forex ziņas

EU Downgrades Eurozone Growth Outlook; Raises Inflation Projections

EU Downgrades Eurozone Growth Outlook; Raises Inflation Projections

The European Commission downgraded the eurozone economic outlook and inflation projections, citing the shocks unleashed by the war in Ukraine, deceleration of growth in the US and the impact of strict zero-COVID policy in China. In the latest Summer economic forecast, released Thursday, the EU trimmed its growth outlook for this year slightly to 2.6 percent from 2.7 percent.
RTTNews | 712 days ago
JPMorgan Q2 Profit Down 28%; Results Miss Estimates

JPMorgan Q2 Profit Down 28%; Results Miss Estimates

US investment bank JPMorgan Chase & Co. reported Thursday a profit for the second quarter that declined 28 percent from last year, hurt primarily by higher noninterest expense and a hefty net credit reserve build. Both earnings per share and revenues for the quarter missed analysts' expectations.
RTTNews | 712 days ago
Singapore Central Bank Unexpectedly Tightens Monetary Policy

Singapore Central Bank Unexpectedly Tightens Monetary Policy

Singapore's central bank tightened its monetary policy for the third time this year to avoid inflationary pressures becoming more persistent. The Monetary Authority of Singapore on Thursday decided to re-centre the mid-point of the S$NEER policy band up to its prevailing level. There will be no change to the slope and width of the band.
RTTNews | 712 days ago
Sensex, Nifty Give Up Early Gains

Sensex, Nifty Give Up Early Gains

Indian shares gave up early gains to end lower on Thursday and the rupee crashed to a record low for a fourth straight session, as red-hot U.S. inflation data fueled expectations about even more aggressive Federal Reserve monetary tightening at the upcoming policy meeting on July 26-27.
RTTNews | 712 days ago
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CAC 40 Retreats On Recession Worries

CAC 40 Retreats On Recession Worries

French stocks tumbled on Thursday amid worries that steep interest-rate hikes could tip the world's largest economy into a recession.
RTTNews | 712 days ago
DAX Slides On Rate Hike Worries

DAX Slides On Rate Hike Worries

German stocks declined on Thursday amid fears that accelerating U.S. inflation could once again elicit aggressive monetary policy response from the Federal Reserve, with some economists calling for a 100-basis point rate hike.
RTTNews | 712 days ago
U.S. Dollar Higher On Prospects Of Larger Fed Rate Hike

U.S. Dollar Higher On Prospects Of Larger Fed Rate Hike

The U.S. dollar spiked up against its major counterparts in the Asian session on Thursday, as red-hot U.S. inflation data fuelled expectations about even more aggressive Federal Reserve monetary tightening at the upcoming policy meeting on July 26-27.
RTTNews | 712 days ago

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