Forex News

Indonesia Leaves Rates Unchanged At 5.75% For Third Time

Indonesia Leaves Rates Unchanged At 5.75% For Third Time

Indonesia's central bank held its interest rates steady for the third successive meeting on Tuesday and signaled that they will remain unchanged for the rest of the year as policymakers assessed that the current level of interest rates is sufficient to anchor inflation within the target range.
RTTNews | 814 days ago
Apple CEO Tim Cook Opens First Store In India

Apple CEO Tim Cook Opens First Store In India

Apple Inc. Chief Executive Officer Tim Cook has inaugurated the tech major's first retail store in India, which is being considered as its new manufacturing base as well as new growth market. The first store, called Apple BKC, is located in the country's financial capital Mumbai. On Thursday, the company will open its second store in India, Apple Saket, in the capital of Delhi.
RTTNews | 814 days ago
German ZEW Economic Confidence Unexpectedly Deteriorates In April

German ZEW Economic Confidence Unexpectedly Deteriorates In April

German economic confidence deteriorated unexpectedly in April as high inflation and restrictive monetary policy weighed on economic activity. The ZEW Indicator of Economic Sentiment fell sharply to 4.1 in April from 13.0 in March. The score was forecast to improve to 15.3. The score suggested no significant improvement in the economic situation over the next six months.
RTTNews | 815 days ago
U.S. Dollar Falls On Strong China Data

U.S. Dollar Falls On Strong China Data

The U.S. dollar weakened against its major counterparts in the European session on Tuesday, as better-than-expected GDP data from China lifted European shares.
RTTNews | 815 days ago
U.S. Housing Starts Decline 0.8% In March

U.S. Housing Starts Decline 0.8% In March

The Commerce Department released a report on Tuesday showing a decrease in new residential construction in the U.S. in the month of March.
RTTNews | 815 days ago
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Goldman Sachs Q1 Profit Down, Yet Beats; Topline Misses View

Goldman Sachs Q1 Profit Down, Yet Beats; Topline Misses View

Goldman Sachs Group Inc. reported Tuesday lower profit in its first quarter as revenues were hurt mainly by weak performance in Global Banking & Markets. Earnings per share, however, beat market estimates, while topline missed view. In pre-market activity on the NYSE, the banking major's shares were losing around 3.5 percent. Citing the weak results amid the banking industry turmoil, David Solomon
RTTNews | 815 days ago
UK Wage Growth Strengthens Case For Rate Hike

UK Wage Growth Strengthens Case For Rate Hike

The UK total pay grew more than expected in the three months to February and higher job vacancies again strengthened wage demands, official data revealed Tuesday, adding the call for a quarter-point interest rate hike from the Bank of England next month.
RTTNews | 815 days ago
Mining Stocks Lift FTSE 100

Mining Stocks Lift FTSE 100

FTSE 100 of the London Stock Exchange gained, helped by gains in the mining sector. Positive economic data updates from China as well as upbeat corporate earnings also supported sentiment.
RTTNews | 815 days ago
European Stocks Surging Higher On Earnings Optimism

European Stocks Surging Higher On Earnings Optimism

European stocks are up in positive territory on Tuesday as strong economic data from China, and some upbeat earnings updates from top U.S. companies Bank of America and Johnson & Johnson help outweigh concerns about interest rates.
RTTNews | 815 days ago
CAC-40 Hovers Near Record High

CAC-40 Hovers Near Record High

The CAC-40 traded close to the high of 7552 amidst the positive sentiment triggered by China's GDP surprise that lifted luxury shares.
RTTNews | 815 days ago

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