Forex News

Swiss GDP Growth Accelerates In Q1

Swiss GDP Growth Accelerates In Q1

Switzerland's economic growth accelerated in the first quarter on a notable rebound in exports to the US ahead of the increase in trade tariffs, official data revealed on Monday. Gross domestic product expanded by adjusted 0.8 percent sequentially after rising 0.6 percent in the fourth quarter of 2024, the State Secretariat for Economic Affairs, or SECO, reported.
RTTNews | 36 days ago
CAC 40 Remains Weak Despite Coming Off Early Lows

CAC 40 Remains Weak Despite Coming Off Early Lows

French stocks are exhibiting weakness on Monday, extending recent losses, amid renewed concerns about trade tensions following U.S. President Donald Trump's announcement that tariffs on steel and aluminium will be increased to 50% from June 4th. Escalating tensions between the U.S. and China also contribute to the weakening sentiment.
RTTNews | 36 days ago
Moderna Shares Gain On FDA Approval For New COVID-19 Vaccine

Moderna Shares Gain On FDA Approval For New COVID-19 Vaccine

Shares of Moderna, Inc. were gaining around 5 percent in the pre-market activity on the Nasdaq after its new Covid-19 vaccine, mNEXSPIKE, received approval from the U.S. Food and Drug Administration for limited use. mNEXSPIKE (mRNA-1283), a new vaccine to protect against COVID-19, is for people who have received a COVID-19 vaccine before. It can now be used in all adults 65 and older, as well as..
RTTNews | 36 days ago
European Shares Mostly Lower Amid Global Trade Tensions

European Shares Mostly Lower Amid Global Trade Tensions

European stocks were broadly lower on Monday as U.S. President Donald Trump's decision to double tariffs on steel and aluminum imports along with rising Sino-U.S. tensions threatened to rekindle global trade tensions.
RTTNews | 36 days ago
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European Economic News Preview: Eurozone Final Factory PMI Due

European Economic News Preview: Eurozone Final Factory PMI Due

Final manufacturing Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Monday. At 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to remain flat month-on-month in May, in contrast to the 0.6 percent fall in April. At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss retail sales for April.
RTTNews | 36 days ago
NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Monday.
RTTNews | 36 days ago
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending to its early losses in mid-market trading on Monday, adding to the losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying below the 8,450.00 level, with weakness across most sectors led by in iron ore miners and technology stocks.
RTTNews | 36 days ago

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