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Forex News
CAC 40 Rises To 9-month High As Investors React To Earnings
Despite lingering concerns about fresh U.S. tariffs and global growth outlook, French stocks are notably higher Thursday morning with investors reacting to quarterly earnings updates and betting on more monetary easing by the European Central Bank.
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105 days ago
Philippine Central Bank Unexpectedly Retains Policy Rates
The Philippine central bank unexpectedly left its interest rates unchanged after cutting it for three straight times amid heightened uncertainty over US trade policy. The Monetary Board of the Bangko Sentral ng Pilipinas decided to hold the target reverse repurchase rate at 5.75 percent. The interest rates on the overnight deposit and lending facilities were kept unchanged.
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105 days ago
European Shares Mixed; FTSE 100 Dips As Pound Jumps On Upbeat GDP Data
European stocks were broadly higher on Thursday amid improving prospects for a peace settlement in Russia-Ukraine war.
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105 days ago
Dax Holds Firm After Hitting Fresh Record High
German stocks are up in positive territory, extending gains to a fourth straight session, as investors continue to shrug off trade war concerns and stay focused on earnings and other corporate developments.
Data showing a moderation in the nation's consumer price inflation is also aiding sentiment.
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105 days ago
Pound Rises After Upbeat U.K. GDP Data
The British pound strengthened against other major currencies in the European session on Thursday, after the U.K. economy expanded unexpectedly in the fourth quarter, underpinned by services and construction output.
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105 days ago
Asian Shares Mostly Higher As Trump And Putin Discuss Ukraine Peace Deal
Asian stocks advanced on Thursday after U.S. President Donald Trump said that he had a "lengthy and highly productive phone call" with President Vladimir V. Putin of Russia and that Ukraine's NATO membership is not "practical", raising expectations for an end to the war in Ukraine.
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105 days ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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105 days ago
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
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105 days ago
Euro Rises Against Majors
The euro strengthened against other major currencies in the Asian session on Thursday.
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105 days ago
European Shares Seen Higher On Russia-Ukraine Peace Hopes
European stocks are likely to open higher on Thursday after U.S. President Donald Trump and Russian President Vladimir Putin have agreed to start talks to end the Ukraine War in a significant step towards resolving the conflict.
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105 days ago
European Economic News Preview: UK GDP Data Due
Quarterly national accounts and foreign trade from the UK and final inflation from Germany are the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and trade deficit. The economy is forecast to shrink 0.1 percent sequentially in the fourth quarter after remaining flat in the third quarter.
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105 days ago
Sensex, Nifty Open Higher On RBI Rate Cut Bets
Indian shares opened on a firm note Thursday as signs of a slowing economy towards the end of 2024 and falling retail inflation reinforced the views that the Reserve Bank of India (RBI) will continue to loosen its monetary policy in coming months.
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105 days ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, as data showing a bigger than expected increase in U.S. consumer price inflation raised speculation the US Fed will leave interest rates on hold for a prolonged period. Traders also remain cautious amid raising fears of a brewing global trade war and its impact on inflation.
RTTNews
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106 days ago
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