Berita Forex

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 | 849 hari yang lalu
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 | 849 hari yang lalu
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 | 849 hari yang lalu
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 | 849 hari yang lalu
U.S. Weekly Jobless Claims Unexpectedly Drop Below 200,000

U.S. Weekly Jobless Claims Unexpectedly Drop Below 200,000

A report released by the Labor Department on Thursday unexpectedly showed a decrease in first-time claims for U.S. unemployment benefits in the week ended January 14th. The Labor Department said initial jobless claims fell to 190,000, a decrease of 15,000 from the previous week's unrevised level of 205,000. The dip surprised economists, who had expected jobless claims to rise to 214,000.
RTTNews | 849 hari yang lalu
more news
U.S. Housing Starts Slump Less Than Expected In December

U.S. Housing Starts Slump Less Than Expected In December

New residential construction in U.S. fell for the fourth straight month in December, according to a report released by the Commerce Department on Thursday, although the decrease was much smaller than expected.
RTTNews | 849 hari yang lalu
Turkish Central Bank Holds Key Rate Unchanged For Second Month

Turkish Central Bank Holds Key Rate Unchanged For Second Month

Turkey's central bank left its key interest rate unchanged for the second straight month as inflation slowed notably from near 85.0 percent. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, or TCMB, decided to hold the policy rate at 9.00 percent. The outcome of the meeting widely matched expectations.
RTTNews | 849 hari yang lalu
Bay Street Looks Headed For Weak Start

Bay Street Looks Headed For Weak Start

Lower Canadian and U.S. futures and sliding European stocks amid rising concerns about global economic slowdown point to a weak start for the Canadian market Thursday morning.
RTTNews | 849 hari yang lalu
P&G Q2 Profit Down 7%, But Meets Estimates; Boosts FY23 Sales Outlook

P&G Q2 Profit Down 7%, But Meets Estimates; Boosts FY23 Sales Outlook

Consumer goods giant Procter & Gamble Co. reported on Wednesday that profit for the second quarter decreased seven percent from last year, hurt primarily by a decrease in operating margin and a sales decline. However, earnings per share met analysts' estimates, while quarterly sales topped them. Looking ahead, the company maintained its earnings growth guidance for full-year 2023.
RTTNews | 850 hari yang lalu

Stay up to date!

Add Berita to your browser

Extension Picture