Forex News

DAX Gains As Investors Digest Fed Minutes

DAX Gains As Investors Digest Fed Minutes

German stocks rose on Thursday as investors reacted to the FOMC meeting minutes released overnight and a slew of encouraging earnings results.
RTTNews | 870 days ago
Singapore Inflation Rises Slightly To 6.6%

Singapore Inflation Rises Slightly To 6.6%

Singapore's consumer price inflation rose slightly at the start of the year amid rising costs for food and transport, but was much less than expected, while a renewed acceleration was seen in core consumer prices, data published by the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Thursday. The consumer price index, or CPI, climbed 6.6 percent year-over-year.
RTTNews | 870 days ago
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Australian, NZ Dollars Climb Against Majors

Australian, NZ Dollars Climb Against Majors

The Australian and NZ dollars advanced against their major counterparts in the Asian session on Thursday, as market participants digested the minutes of the US Federal Reserve's most recent monetary policy meeting.
RTTNews | 870 days ago
European Economic News Preview: Eurozone Final Inflation Data Due

European Economic News Preview: Eurozone Final Inflation Data Due

Final inflation from the euro area is the only major statistical report due on Thursday, headlining a light day for the European economic news. At 3.00 am ET, final consumer prices data from Austria is due. The flash estimate showed that consumer price inflation rose to 11.1 percent in January from 10.2 percent in December.
RTTNews | 870 days ago
Bank Of Korea Halts Interest Rate Hike

Bank Of Korea Halts Interest Rate Hike

South Korea's central bank decided to hold its interest rate on Thursday, ending the tightening cycle that began 18 months ago, in order to assess the impact of past rate hikes. The Monetary Policy Board of the Bank of Korea decided to keep the Base Rate unchanged at 3.50 percent. The central bank has hiked its policy rate by a total 300 basis points since August 2021.
RTTNews | 870 days ago
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, as market participants digested the minutes of the US Federal Reserve's most recent monetary policy meeting. The minutes revealed a "few participants" favored raising rates by 50 basis points versus the 25 basis point rate hike that was ultimately announced.
RTTNews | 870 days ago

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