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Asian Shares Mixed In Thin Holiday Trade

Asian Shares Mixed In Thin Holiday Trade

Asian stocks ended mixed in thin trade on Thursday, with Japanese markets closed for a holiday. Chinese and Hong Kong markets fell as the People's Bank of China kept the 1-year loan prime rate at 3.1 percent and the 5-year LPR at 3.6 percent despite economic concerns.
RTTNews | 161 дней спустя
Pound Drops Against Most Majors

Pound Drops Against Most Majors

The British pound weakened against most major currencies in the European session on Thursday.
RTTNews | 161 дней спустя
NZ Dollar Slides Amid RBNZ Rate Cut Speculation

NZ Dollar Slides Amid RBNZ Rate Cut Speculation

The New Zealand dollar weakened against other major currencies in the Asian session on Thursday, as the New Zealand's central bank hinted about two additional 25 basis point reductions in April and May, with a third cut perhaps coming later in the year.
RTTNews | 161 дней спустя
Aussie Falls On Disappointing Australia Employment Data

Aussie Falls On Disappointing Australia Employment Data

The Australian dollar weakened against other major currencies in the Asian session on Thursday, following the release of Australia's disappointing domestic employment data in February.
RTTNews | 161 дней спустя
Yen Rises Amid BoJ Rate Hike Speculation

Yen Rises Amid BoJ Rate Hike Speculation

The Japanese yen strengthened against other major currencies in the Asian session on Thursday, as traders speculate that the Bank of Japan (BoJ) will continue raising interest rates as robust wage growth may increase consumer spending and fuel inflation.
RTTNews | 161 дней спустя
China Maintains Benchmark Lending Rates

China Maintains Benchmark Lending Rates

China left its benchmark lending rates unchanged for the fifth straight month, as widely expected, on Thursday. The People's Bank of China kept its one-year loan prime rate unchanged at 3.10 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.60 percent. Both the rates were last reduced by 25 basis points each in October 2024.
RTTNews | 161 дней спустя
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NZ Dollar Drops Against Majors

NZ Dollar Drops Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews | 161 дней спустя
European Economic News Preview: BoE, SNB Policy Announcements Due

European Economic News Preview: BoE, SNB Policy Announcements Due

The monetary policy announcements from the Bank of England and the Swiss National Bank are the top events due on Thursday. The BoE is likely to sit tight on rates today as inflation remains sticky. The nine-member policy committee is widely seen holding the rate at 4.50 percent in a split vote. The decision is due at 8.00 AM ET.
RTTNews | 161 дней спустя
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 161 дней спустя
Sensex, Nifty Climb On Dovish Fed; IT Stocks Rebound

Sensex, Nifty Climb On Dovish Fed; IT Stocks Rebound

Indian shares opened on a buoyant note Thursday after the U.S. Federal Reserve held interest rates steady, as widely expected, and signaled the possibility of two rate cuts by the end of the year, given increased uncertainty around the economic outlook.
RTTNews | 161 дней спустя

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