Berita Forex

China Cuts Policy Rates As Economic Data Disappoints

China Cuts Policy Rates As Economic Data Disappoints

The People's Bank of China slashed major policy rates on Tuesday as economic data suggested that the second-largest economy is still struggling to regain strength amid fears of another slump in the real estate sector. The Chinese central bank reduced the one-year medium-term lending facility, or MLF, to 2.50 percent from 2.65 percent. The bank had lowered the MLF by 10 basis points in June.
RTTNews | 722 hari yang lalu
DAX Slides Ahead Of ZEW Statistics

DAX Slides Ahead Of ZEW Statistics

German stocks traded lower on Tuesday ahead of the German August ZEW survey results due later in the day.
RTTNews | 722 hari yang lalu
Asian Shares Mixed As China Data Disappoints

Asian Shares Mixed As China Data Disappoints

Asian stocks ended mixed on Tuesday as a broad array of Chinese economic data missed expectations and the country's central bank cut a key interest rate in an effort to boost flagging growth.
RTTNews | 722 hari yang lalu
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European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic confidence survey results from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK labor market statistics. The jobless rate is seen unchanged at 4.0 percent in three months to June.
RTTNews | 722 hari yang lalu
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight and as traders remain concerned about the health of China, the world's second largest economy, after a leading property developer Country Garden faced a potential bankruptcy that could shake the stuttering Chinese economy. Asian markets closed mostly lower on Monday.
RTTNews | 722 hari yang lalu
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is notably higher on Tuesday, recouping some of the losses in the previous session, with the Nikkei 225 moving above the 32,200 level, following the broadly positive cues from Wall Street overnight, as traders reacted to data showing a better than expected increase in domestic GDP, with gains across most sectors, led by technology and financial stocks.
RTTNews | 722 hari yang lalu

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