Forex News

Asian Shares Advance Ahead Of US Jobs Data

Asian Shares Advance Ahead Of US Jobs Data

Asian stocks rose on Friday as investors awaited an update on the U.S. jobs market later in the day for clues on the pace of monetary policy tightening going ahead.
RTTNews | 1073 days ago
India Lifts Rate By 50 Bps To Tame Inflation

India Lifts Rate By 50 Bps To Tame Inflation

The Reserve Bank of India decided to raise its key interest rate by a steeper-than-expected 50 basis points on Friday, and to remain focused on the withdrawal of accommodation to bring inflation back to the tolerance band. The Monetary Policy Committee, led by Governor Shaktikanta Das, unanimously decided to hike its key interest rate, the repo, by 50 basis points to 5.40 percent.
RTTNews | 1073 days ago
European Economics Preview: Germany Industrial Output Data Due

European Economics Preview: Germany Industrial Output Data Due

Industrial production from Germany and France are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production data for June. Output is forecast to fall 0.3 percent month-on-month, reversing a 0.2 percent rise in May.
RTTNews | 1073 days ago
Asian Markets Mostly Higher Amid Cautious Trades

Asian Markets Mostly Higher Amid Cautious Trades

Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, as traders mostly make their moves, tracking quarterly earnings updates. They also seem cautious in making significant moves ahead of the release of the US Labor Department's closely watched monthly jobs report later in the day, which could impact the outlook for interest rates.
RTTNews | 1073 days ago
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Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is notably higher on Friday, extending the gains in the previous two sessions, with the benchmark Nikkei 225 moving above the 28,100 level, following the mixed cues from Wall Street overnight, boosted by gains in exporters and technology stocks, which mirrored their peers on tech heavy Nasdaq.
RTTNews | 1073 days ago
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Friday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 7,000 mark, following the mixed cues from Wall Street overnight, with strong gains in gold mining and most technology stocks partially offset by weakness in energy stocks after crude oil price tumbled.
RTTNews | 1073 days ago
Canadian Market Holding In Positive Territory

Canadian Market Holding In Positive Territory

The Canadian market is modestly higher Thursday afternoon, with stocks from materials, industrials and consumer discretionary sectors posting strong gains.
RTTNews | 1073 days ago

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