Forex News

Siemens Posts Q3 Profit, Orders Up; Confirms FY23 View; Stock Down

German conglomerate Siemens AG reported Thursday a profit in its third quarter, compared to last year's loss, with significant growth in revenues and orders. Meanwhile, Profit Industrial Business and margin declined from last year. Further, the company backed its forecast for group earnings and revenue growth, but trimmed its comparable revenue growth view for Digital Industries.
RTTNews | 704 days ago
CAC 40 Rises As China Lifts Ban On Group Travel

CAC 40 Rises As China Lifts Ban On Group Travel

French stocks were rising on Thursday amid hopes that U.S. consumer price inflation data due out later in the day will support the end of the Federal Reserve's monetary tightening cycle.
RTTNews | 704 days ago
DAX Gains Ahead Of US Inflation Data

DAX Gains Ahead Of US Inflation Data

German stocks traded higher on Thursday, with the latest batch of corporate earnings and upcoming U.S. inflation data in focus.
RTTNews | 704 days ago
Philippines GDP Growth Falls Short Of Expectations

Philippines GDP Growth Falls Short Of Expectations

The Philippine economy growth slowed more than expected in the second quarter on a sharp fall in government spending, official data revealed Thursday. Gross domestic product posted a slower annual growth of 4.3 percent in the second quarter after expanding 6.4 percent a quarter ago.
RTTNews | 704 days ago
Asian Shares Mixed Ahead Of US CPI Data

Asian Shares Mixed Ahead Of US CPI Data

Asian shares ended Thursday's session on a mixed note as China deflation worries persisted and caution crept in ahead of U.S. consumer price inflation data due later in the day that might offer clues to the Federal Reserve's policy path.
RTTNews | 704 days ago
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Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews | 704 days ago
European Economic News Preview: Italy Final Inflation Data Due

European Economic News Preview: Italy Final Inflation Data Due

Final consumer price data from Italy is the major economic report due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway publishes consumer and producer price data for July. Inflation is expected to slow to 5.7 percent in July from 6.4 percent in June.
RTTNews | 704 days ago
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, as traders remained cautious ahead of the release of a key report on US consumer price inflation later in the day, which will offer clues on the outlook for interest rates. Asian Markets closed mixed on Wednesday.
RTTNews | 705 days ago

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