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European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Wednesday with investors largely making cautious moves ahead of the Federal Reserve's policy announcement. Geopolitical tensions and worries about outlook for growth due to U.S. tariffs and threats of more levies weighed on sentiment.
RTTNews | 162 дней спустя
Fed Leaves Interest Rates Unchanged, Still Sees Rate Cuts This Year

Fed Leaves Interest Rates Unchanged, Still Sees Rate Cuts This Year

In an almost universally expected move, the Federal Reserve on Wednesday announced its decision to once again leave interest rates unchanged, but projections signaled the central bank is still likely to lower rates later this year. The Fed said it decided to maintain the target range for the federal funds rate at 4.25 to 4.50 percent.
RTTNews | 162 дней спустя
U.S. Dollar Higher Ahead Of Fed Decision

U.S. Dollar Higher Ahead Of Fed Decision

The U.S. dollar advanced against its major counterparts in the New York session on Wednesday, ahead of the Federal Reserve's monetary policy announcement, due shortly.
RTTNews | 162 дней спустя
Vonovia FY24 Net Loss Narrows; Sees Growth Ahead

Vonovia FY24 Net Loss Narrows; Sees Growth Ahead

German real estate major Vonovia SE reported Wednesday a net loss in its fiscal 2024, but significantly narrower than last year, mainly with growth in revenues. The company also announced higher dividend, and its fiscal 2025 outlook, expecting higher adjusted EBITDA, a key earnings metric. The company added that it is very confident as it looks ahead to this year and beyond, with the development..
RTTNews | 162 дней спустя
FDA Launches Operation Stork Speed To Review Infant Formulas

FDA Launches Operation Stork Speed To Review Infant Formulas

The U.S. Food and Drug Administration, along with the U.S. Department of Health and Human Services or HHS, launched an initiative to expand options for safe, reliable, and nutritious infant formula, the sole source of nutrition for infants as an alternative to human milk. Under the leadership of U.S. Health Secretary Robert F. Kennedy Jr., the initiative, named "Operation Stork Speed,"...
RTTNews | 162 дней спустя
Eurozone Inflation Eases To 2.3%

Eurozone Inflation Eases To 2.3%

Eurozone inflation eased more than initially estimated to a three-month low in February, as sluggish economic activity impeded price pressures, official data revealed on Wednesday. The harmonized index of consumer prices rose 2.3 percent on a yearly basis in February, slower than the 2.5 percent increase in January, final data from Eurostat showed. The February rate was revised down from 2.4 perc
RTTNews | 162 дней спустя
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Bay Street Likely To Open Slightly Higher

Bay Street Likely To Open Slightly Higher

Canadian shares are likely to open slightly higher on Wednesday. The mood is likely to remain cautious as market awaits the Federal Reserve's monetary policy announcement later in the day.
RTTNews | 162 дней спустя
Euro Slides As European Shares Subdued Ahead Of Fed Verdict

Euro Slides As European Shares Subdued Ahead Of Fed Verdict

The euro weakened against other major currencies in the European session on Wednesday, as European stocks were subdued after rising in the previous session on Germany's approval for a massive spending surge.
RTTNews | 162 дней спустя
FTSE Drifts Lower Ahead Of Crucial Central Banks Meetings

FTSE Drifts Lower Ahead Of Crucial Central Banks Meetings

The U.K. stock market is down marginally a little before noon on Wednesday with investors largely making cautious moves after five successive days of gains. The focus is on the Federal Reserve's monetary policy announcement due later in the day, and the Bank of England's monetary policy meeting on Thursday.
RTTNews | 162 дней спустя
Euro Slides Against Majors

Euro Slides Against Majors

The euro weakened against other major currencies in the European session on Wednesday.
RTTNews | 162 дней спустя
CAC 40 Advances In Cautious Trade

CAC 40 Advances In Cautious Trade

French stocks are moving higher on Wednesday, outperforming other major markets in Europe, thanks to strong buying at several counters, ahead of the Federal Reserve's monetary policy announcement, due later in the day.
RTTNews | 162 дней спустя
Iceland Cuts Key Interest Rate For Fourth Straight Time

Iceland Cuts Key Interest Rate For Fourth Straight Time

Iceland central bank lowered its benchmark rate for the fourth consecutive meeting on Wednesday, but policymakers stressed on the need for caution in future as inflationary pressures remain, and in view of the heighted global economic uncertainty. The Monetary Policy Committee of the Central Bank of Iceland, led by Governor Asgeir Jonsson, unanimously reduced the seven-day term deposit rate by 25
RTTNews | 162 дней спустя

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