Forex News

European Economic News Preview: BoE & SNB To Raise Key Rates

European Economic News Preview: BoE & SNB To Raise Key Rates

The Bank of England and the Swiss National Bank are widely expected to make a final quarter-point rate hike after the US Federal Reserve decided to keep the benchmark rate unchanged on Wednesday. The Bank of England is set to end its tightening cycle with a final quarter point rate hike on Thursday as inflation slowed to an 18-month low in August.
RTTNews | 657 days ago
Sensex, Nifty Open Lower On Hawkish Fed Remarks

Sensex, Nifty Open Lower On Hawkish Fed Remarks

Indian shares opened lower on Thursday, tracking higher U.S. Treasury yields and a stronger dollar after the Federal Reserve said it expects interest rates to remain higher for longer.
RTTNews | 658 days ago
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Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Mirroring the broadly negative cues from Wall Street overnight, Asian stock markets are a sea of red on Thursday, amid renewed concerns about the outlook for interest rates after the US Fed signaled on keeping interest rates at an elevated level through 2024 after one more rate hike this year, despite the decision to hold interest rates steady this month.
RTTNews | 658 days ago
Japanese Market Significantly Lower

Japanese Market Significantly Lower

Extending the losses in the previous two sessions, the Japanese stock market is significantly lower on Thursday, with the Nikkei 225 falling below the 32,700 level, mirroring the broadly negative cues from Wall Street overnight, dragged by exporters and technology stocks, partially offset by gains in financial stocks.
RTTNews | 658 days ago
Australian Market Significantly Lower

Australian Market Significantly Lower

Extending the losses in the previous three sessions, the Australian stock market is significantly lower on Thursday, with the benchmark S&P/ASX 200 staying above the 7,100 level, mirroring the broadly negative cues from Wall Street overnight, as traders reacted to the US Fed's signals of keeping interest rates higher through 2024, despite the decision to hold interest rates steady this month.
RTTNews | 658 days ago
Canadian Market Ends Slightly Down

Canadian Market Ends Slightly Down

Despite spending much of the day's session in positive territory, the Canadian market ended slightly lower on Wednesday, extending its decline to a third straight day.
RTTNews | 658 days ago

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