Berita Forex

Pound Drops After BoE Decision

As expected, the Bank of England raised its key rate by 75 basis points to 3 percent from 2.25 percent.
RTTNews | 923 hari yang lalu
Pound Mixed Ahead Of BoE Decision

Pound Mixed Ahead Of BoE Decision

The Bank of England's monetary policy announcement is due at 8:00 am ET Thursday. The BoE is widely expected to raise its key rate by 75 basis points to 3 percent from 2.25 percent.
RTTNews | 923 hari yang lalu
UK Service Sector Shrinks For First Time Since Early 2021

UK Service Sector Shrinks For First Time Since Early 2021

The UK service sector shrank in October for the first time since early 2021, as heightened political and economic uncertainty weighed on investment decisions and sentiment, final data from S&P Global showed on Thursday. The Chartered Institute of Procurement & Supply services Purchasing Managers' Index posted 48.8 in October, down from 50.0 in September.
RTTNews | 923 hari yang lalu
Sensex, Nifty End Choppy Session Modestly Lower

Sensex, Nifty End Choppy Session Modestly Lower

Indian shares fluctuated before finishing modestly lower on Thursday, tracking weak global markets as hawkish comments from Fed Chair Jerome Powell dashed hopes around easing of monetary tightening from December, and China affirmed that a zero-tolerance approach continues to be the overall strategy in tackling COVID-19.
RTTNews | 923 hari yang lalu
BMW Q3 Profit Climbs, Backs FY22 View; Stock Down

BMW Q3 Profit Climbs, Backs FY22 View; Stock Down

German luxury carmaker BMW AG reported Thursday higher profit and sales in its third quarter benefited by strong pricing, despite weak margin and slight drop in Automotive deliveries. Looking ahead, the company maintained fiscal 2022 forecast for significantly higher earnings, and slightly lower sales with weak deliveries. In Germany, BMW shares were losing around 4 percent in the morning trading.
RTTNews | 923 hari yang lalu
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European Shares Tumble After Fed Meeting; BoE Meet Eyed

European Shares Tumble After Fed Meeting; BoE Meet Eyed

European stocks fell sharply on Thursday after the U.S. Federal Reserve fully reaffirmed its commitment to fight inflation and signaled it was "very premature" to think about pausing the tightening cycle.
RTTNews | 923 hari yang lalu
Asian Shares Slip On Hawkish Fed, China COVID Concerns

Asian Shares Slip On Hawkish Fed, China COVID Concerns

Asian stocks followed Wall Street lower on Thursday, as investors reacted to hawkish comments from Fed Chair Jerome Powell on the outlook for inflation and rates, and China's affirmation that a zero-tolerance approach continues to be the overall strategy in tackling COVID-19.
RTTNews | 923 hari yang lalu
China Services Activity Continues To Deteriorate In October

China Services Activity Continues To Deteriorate In October

China's service sector registered a sustained slowdown in activity as efforts to curb the spread of Covid-19 continued to disrupt business operations in October, survey results from S&P Global showed on Thursday. The Caixin services Purchasing Managers' Index fell to 48.4 in October from 49.3 in the previous month. The reading signaled that the sector contracted the most since May.
RTTNews | 923 hari yang lalu
European Economics Preview: BoE Likely To Hike Rates By 75 Bps

European Economics Preview: BoE Likely To Hike Rates By 75 Bps

The Bank of England is set to join its global counterparts on Thursday with a 75 basis point rate hike. Markets widely expect the BoE to raise the Bank Rate to 3.00 percent from 2.25 percent. This would be the biggest hike since 1989. The announcement is due at 8.00 AM ET. The BoE is also scheduled to release its monetary policy report.
RTTNews | 923 hari yang lalu
Sensex, Nifty Little Changed; Metal And IT Stocks Drag

Sensex, Nifty Little Changed; Metal And IT Stocks Drag

Indian shares were little changed in early trade on Thursday despite weak global cues after Fed chair Jerome Powell's comments at the press conference post Fed meeting turned out to be more hawkish than expected.
RTTNews | 923 hari yang lalu

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