Forex News

U.S. Crude Oil Inventories Plunge Much More Than Expected

A report released by the Energy Information Administration on Wednesday showed a steep drop by U.S. crude oil inventories in the week ended June 13th.

RTTNews | 2h 38min ago

U.S. Housing Starts Pull Back Sharply In May

The Commerce Department released a report on Wednesday showing a steep drop by new residential construction in the U.S. in the month of May. The report said housing starts plunged by 9.8 percent to an annual rate of 1.256 million in May after jumping by 2.7 percent to a revised rate of 1.392 million in April.

RTTNews | 3h 4min ago

U.S. Jobless Claims Pull Back Off Eight-Month High

First-time claims for U.S. unemployment benefits edged modestly lower in the week ended June 14th, according to a report released by the Labor Department on Wednesday. The report said initial jobless claims dipped to 245,000, a decrease of 5,000 from the previous week's revised level of 250,000.

RTTNews | 3h 8min ago

UK Inflation Slows Slightly In May

UK consumer price inflation softened in May as the slowdown in transportation costs was largely offset by the rise in food prices and reinforced expectations that the Bank of England will maintain the interest rate steady this week. The consumer price index registered an annual increase of 3.4 percent, slightly slower than the 3.5 percent rise seen in April, the Office for National Statistics said

RTTNews | 3h 44min ago

Bank Indonesia Holds Interest Rate Steady At 5.5% As Expected; Hints At Reduction

Indonesia's central bank left its benchmark interest rate unchanged on Wednesday after a quarter-point reduction in May and hinted at further reduction to support economic growth. The Bank Indonesia Board, led by Governor Perry Warjiyo, maintained the BI rate at 5.50 percent. The bank had reduced the rates twice this year, in May and January.

RTTNews | 4h 22min ago

U.S. Housing Starts Plunge Much More Than Expected In May

The Commerce Department released a report on Wednesday showing a steep drop by new residential construction in the U.S. in the month of May.

RTTNews | 4h 33min ago

CPI Softening Boosts FTSE 100

Better-than-expected CPI readings from the U.K. bolstered sentiment, helping FTSE 100 outperform its peers.

RTTNews | 4h 35min ago

more news

U.S. Weekly Jobless Claims Edge Down In Line With Estimates

First-time claims for U.S. unemployment benefits edged modestly lower in the week ended June 14th, according to a report released by the Labor Department on Wednesday.

RTTNews | 4h 40min ago

CAC 40 Retreats After Short-lived Rebound

Despite attempting a rebound, the CAC 40 index that tracks the 40 largest French stocks based on the Euronext Paris has shed around half a percent in Wednesday's trading.

RTTNews | 5h 41min ago

FDA Launches Commissioner's National Priority Voucher Program

The U.S. Food and Drug Administration announced launch of a new program to issue Commissioner's National Priority Vouchers or CNPVs, which shortens review time significantly, with a view to support national health priorities. The new CNPV program, which will begin in 2025, aims to accelerate the drug review process for companies while maintaining the FDA's rigorous standards for safety, efficacy..

RTTNews | 5h 52min ago