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New Zealand Trade Data On Tap For Tuesday
(RTTNews) - New Zealand will on Tuesday release March figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In February, imports were worth NZ$6.23 billion and exports were at NZ$6.74 billion for a trade surplus of NZ$510 million.
Taiwan will see March numbers for export orders and unemployment; in February, orders surged 31.1 percent on year and the jobless rate was 3.35 percent.
Hong Kong will provide March data for unemployment; in February, the jobless rate was 3.2 percent.
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Bank Of England Holds Rate Steady On Higher Inflation
The Bank of England maintained interest rates unchanged on Thursday as inflation in the U.K. has remained persistently above the target and geopolitical tensions escalated, raising the upside risks to inflation. The BoE Monetary Policy Committee, led by Governor Andrew Bailey, voted 6-3 to hold the Bank Rate at 4.25 percent. Three members preferred to reduce the rate by 25 basis points.
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5 h 38 min atrás
Geopolitical Jitters And BoE's Caution Dampen FTSE 100
A cautious monetary policy stance by the Bank of England as well as escalation in hostilities between Israel and Iran dampened sentiment, dragging down the FTSE 100.
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5 h 44 min atrás
War Worries Weigh On CAC 40
Mounting geopolitical tensions in the Middle East weighed heavily on market sentiment dragging the CAC 40 benchmark lower in the day's trade.
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6 h 25 min atrás
DAX Drops As War Fears Rattle Markets
Amidst growing uncertainty surrounding the raging Israel-Iran conflict, the DAX benchmark extended its losing streak for the third day.
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6 h 56 min atrás
Swiss Franc Rises After SNB Monetary Policy Decision
The Swiss franc strengthened against other major currencies in the European session on Thursday, despite the Swiss National Bank reduced its policy rate by a quarter-point, citing easing inflationary pressures.
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7 h 1 min atrás
Swiss Central Bank Lowers Policy Rate To Zero As Expected
The Swiss National Bank reduced its policy rate to zero on Thursday as inflation turned negative and the currency strengthened further amid global trade tensions. The bank decided to lower the SNB policy rate by 0.25 percentage points to zero percent. This was the sixth consecutive reduction. The bank has reduced the key rate by 175 basis points since March 2024.
RTTNews
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7 h 44 min atrás
Sensex, Nifty Cut Early Losses To End On Flat Note
Indian shares fluctuated before ending on a flat note Thursday. A cautious undertone prevailed as investors reacted to hawkish commentary from the Federal Reserve and rising tensions in the Middle East.
RTTNews
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8 h 15 min atrás
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Thursday.
RTTNews
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8 h 32 min atrás
