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Swiss Franc Slides As Soft Inflation Data Spurs SNB Rate Cut
The Swiss franc weakened against other major currencies in the European session on Thursday, as Swiss consumer price inflation unexpectedly weakened to the lowest since September 2021 signaled a growing chance that the Swiss National Bank will reduce policy rate at its next meeting in June.
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524 дней спустя
Eurozone Private Sector Recovers In March
The euro area private sector expanded in March, halting a sequence of contraction that started last June, final survey results of the purchasing managers' survey by S&P Global showed on Thursday. The final HCOB composite output index rose to a ten-month high of 50.3 in March from 49.2 in February. At 49.9, the flash reading had signaled another month of decline in activity.
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524 дней спустя
European Shares Tick Higher As Services PMI Improves
European stocks were flat to slightly higher on Thursday after revised data showed economic activity in the eurozone's private sector expanded for the first time in ten months in March. The eurozone services PMI improved to 51.5 from 50.2 in February.
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524 дней спустя
FTSE 100 Edges Higher On Economic Optimism
U.K. stocks advanced on Thursday as upbeat manufacturing data and promising figures from the latest house price index released the day before suggested the economy is on track to exit recession.
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524 дней спустя
CAC 40 Rises As Services Sector Contracts Slowly In March
French stocks rose on Thursday after a survey showed the contraction in France's services sector was not as bad as first estimated in March. The final services PMI came in at 48.3 versus 47.8 expected.
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525 дней спустя
DAX Gains Ahead Of ECB Minutes Release
German stocks traded slightly higher on Thursday ahead of the release of the region's February producer price data and minutes from the European Central Bank's latest policy meeting.
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525 дней спустя
Asian Shares Inch Higher In Thin Holiday Trade
Asian stocks rose in thin holiday trade on Thursday, with China, Taiwan and Hong Kong markets closed for a public holiday.
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525 дней спустя
more news
Swiss Franc Slides Against Majors
The Swiss franc weakened against other major currencies in the European session on Thursday.
RTTNews
|
525 дней спустя
Antipodean Currencies, Euro Strengthens Amid Risk Appetite
The antipodean currencies such as the Australia and the New Zealand dollars, and the euro strengthened against their major counterparts in the Asian session on Thursday, as Asian stock markets traded higher, as traders reacted to the latest remarks from U.S. Fed officials that helped ease recent concerns about the outlook for interest rates. Fed Chair Jerome Powell reiterated during remarks at Stanford University that the central bank is not in a hurry to begin lowering interest rates, but reaffirmed his view that they will likely cut interest rates this year.
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525 дней спустя
Euro Rises Against Majors
The euro strengthened against other major currencies in the Asian session on Thursday.
RTTNews
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525 дней спустя
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Thursday.
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525 дней спустя
European Economic News Preview: Eurozone Final Composite PMI Data Due
Final composite Purchasing Managers' survey results from the euro area and the UK and minutes of the monetary policy meeting from the European Central Bank are the top economic news due on Thursday. At 2.30 am ET, the Federal Statistical Office publishes Swiss consumer prices for March. Inflation is forecast to rise slightly to 1.3 percent from 1.2 percent in the previous month.
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525 дней спустя
AT&T Commits Addl. $3 Bln By 2030 To Narrow Digital Divide
Aiming to help close the digital divide among millions in the United States, telecom major AT&T Inc. announced its commitment of an additional $3 billion by 2030 for providing internet services and digital literacy resources. The total commitment since 2021 reaches $5 billion that will help 25 million people get and stay connected to affordable, high-speed internet access by 2030.
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525 дней спустя
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