Forex News

European Shares Rise On Economic Optimism

European Shares Rise On Economic Optimism

European stocks advanced on Friday after data showed Euro zone industrial production in June grew three times more than expected on the back of a jump in the output of capital goods.
RTTNews | 1060 days ago
CAC 40 Gains As Aggressive Fed Bets Ease

CAC 40 Gains As Aggressive Fed Bets Ease

French stocks rose on Friday as signs of cooling consumer and producer price inflation in the United States prompted traders to pare bets of aggressive policy tightening by the Federal Reserve.
RTTNews | 1060 days ago
DAX Rises As Fed Hike Bets Ease

DAX Rises As Fed Hike Bets Ease

German stocks advanced on Friday after U.S. producer price gains slowed in July, adding to expectations the Federal Reserve will slow the pace of rate hikes going forward.
RTTNews | 1060 days ago
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UK GDP Falls Slightly In Q2

UK GDP Falls Slightly In Q2

The UK economy logged only a marginal contraction in the second quarter despite the challenges posed by the rising interest rates and high inflation that is squeezing real income. Gross domestic product shrank 0.1 percent from the first quarter, when output had advanced 0.8 percent, the Office for National Statistics said Friday.
RTTNews | 1060 days ago
Malaysia Economy Grows Most In A Year

Malaysia Economy Grows Most In A Year

Malaysia's economy grew at the fastest pace in a year in the second quarter as household spending strengthened on the labor market recovery, official data showed on Friday. The economic growth accelerated to 8.9 percent in the second quarter from 5.0 percent in the first quarter, the Bank Negara Malaysia reported.
RTTNews | 1061 days ago
European Shares Seen Mixed At Open

European Shares Seen Mixed At Open

European stocks are seen opening narrowly mixed on Friday, as Treasury yields jumped amid uncertainty over how aggressively the Federal Reserve would raise interest rates to tackle inflation.
RTTNews | 1061 days ago
European Economics Preview: UK GDP Data Due

European Economics Preview: UK GDP Data Due

Quarterly national accounts, industrial production and foreign trade from the UK and final inflation data from France are due on Friday. At 1.30 am ET, the French statistical office Insee is scheduled to publish unemployment data for the second quarter. The jobless rate is seen at 7.3 percent.
RTTNews | 1061 days ago
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, as traders reacted to another US Labor Department report showing an unexpected decrease in producer prices in the month of July, raising hopes that inflation in the U.S. may have peaked, which could allow the Fed to slow the pace of interest rate increases.
RTTNews | 1061 days ago

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