Forex News

European Economic News Preview: Eurozone GDP, Industrial Output Data Due

European Economic News Preview: Eurozone GDP, Industrial Output Data Due

Flash GDP and industrial production from the euro area and the account of the monetary policy meeting from the European Central Bank are the top economic news due on Thursday. At 3.00 am ET, Spain's INE is scheduled to issue final inflation data for October. The flash estimate showed that consumer price inflation rose to 1.8 percent from 1.5 percent in the previous month.
RTTNews | 235 days ago
KFC Files Against Church's Texas Chicken Over 'Original Recipe' Ads

KFC Files Against Church's Texas Chicken Over 'Original Recipe' Ads

Fast-food restaurant chain KFC, owned by Yum! Brands, has sued rival Church's Texas Chicken in federal court for allegedly violating its trademark rights by using "Original Recipe" phrase in its ads. In a filing with the U.S. District Court for the Eastern District of Texas, the fried chicken chain complained that the use of phrase in ads for Church's fried chicken is likely to create confusion..
RTTNews | 235 days ago
European Shares Seen Tad Higher At Open

European Shares Seen Tad Higher At Open

European stocks are seen opening a tad higher on Thursday as in-line U.S. CPI data supported the case for another interest rate cut by the Federal Reserve next month.
RTTNews | 235 days ago
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Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Thursday, following the mixed cues from Wall Street overnight, as traders fretted about the impact of U.S. President-elect Donald Trump's proposed tariffs on inflation and interest rates. The US dollar also strengthened against major currencies in the region. Asian Markets closed mostly lower on Wednesday.
RTTNews | 235 days ago
Japanese Market Slightly Lower

Japanese Market Slightly Lower

Adding to the losses in the previous two sessions, the Japanese market is slightly lower on Thursday after opening in the green, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 38,700 level, with weakness in index heavyweights and technology stocks partially offset by gains in exporters, automakers and financial stocks.
RTTNews | 235 days ago
Sensex, Nifty Set For Muted Open

Sensex, Nifty Set For Muted Open

Indian shares look set to open on a weak note Thursday as investors grapple with U.S. policy uncertainty and the ongoing FII selloff.
RTTNews | 235 days ago
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market on Wednesday ended the three-day losing streak in which it had slumped almost 25 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and it may add to its winnings on Thursday.
RTTNews | 235 days ago
Indonesia Bourse Has Flat Lead For Thursday

Indonesia Bourse Has Flat Lead For Thursday

The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had plunged almost 250 points or 3.3 percent. The Jakarta Composite Index now rests just above the 7,300-point plateau and it's likely to remain rangebound again on Thursday.
RTTNews | 235 days ago
Australian Market Notably Higher

Australian Market Notably Higher

The Australian market is trading notably higher on Thursday, snapping the three-session winning streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,200 level, with gains in technology, energy and financial stocks partially offset by weakness in mining stocks.
RTTNews | 235 days ago

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