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Deutsche Bank Lifts Revenue, Payout Targets; To Cut 3,500 Jobs; Stock Up

Deutsche Bank AG shares were gaining more than 5 percent in the morning trading on Germany's XETRA, as well as in pre-market activity on the NYSE, after the German banking major Thursday raised annual growth targets for 2025, after reporting higher revenues in its fourth quarter. Net profit, meanwhile, was lower than last year with higher provision for credit losses.
RTTNews | 573 дней спустя
Sensex, Nifty End Choppy Session Slightly Lower

Sensex, Nifty End Choppy Session Slightly Lower

Indian shares ended a choppy session slightly lower on Thursday as investors reacted to Fed Chair Jerome Powell's hawkish tone on prospects for early rate cuts as well as the interim budget statement presented in Parliament today, months ahead of the Lok Sabha elections.
RTTNews | 573 дней спустя
European Shares Slide Ahead Of BOE Rate Decision

European Shares Slide Ahead Of BOE Rate Decision

European stocks fell in cautious trade on Thursday ahead of the release of eurozone inflation data as well as the Bank of England's latest monetary policy decision.
RTTNews | 573 дней спустя
U.S. Dollar Rises As Fed Considers March Rate Cut Unlikely

U.S. Dollar Rises As Fed Considers March Rate Cut Unlikely

The U.S. dollar strengthened against other major currencies in the European session on Thursday, after the U.S. Federal Reserve signaled openness to future rate cuts, adding a March rate cut is unlikely.
RTTNews | 573 дней спустя
DAX Dips Ahead Of Eurozone Inflation Data

DAX Dips Ahead Of Eurozone Inflation Data

German stocks traded slightly lower on Thursday as investors digested the Fed rate decision and awaited the release of eurozone inflation data as well as the Bank of England's latest monetary policy decision.
RTTNews | 573 дней спустя
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U.S. Dollar Rises Against Majors

U.S. Dollar Rises Against Majors

The U.S. dollar strengthened against other major currencies in the European session on Thursday.
RTTNews | 573 дней спустя
China Manufacturing Activity Continues To Expand

China Manufacturing Activity Continues To Expand

China's factory sector continued to expand with sustained increases in output and new orders amid the improving sentiment, survey results from S&P Global showed on Thursday. The Caixin manufacturing Purchasing Managers' Index, or PMI, posted 50.8 in January, unchanged from December.
RTTNews | 574 дней спустя
European Economic News Preview: Bank Of England To Hold Key Rate

European Economic News Preview: Bank Of England To Hold Key Rate

The Bank of England is widely expected to leave its benchmark rate unchanged on Thursday but markets await suggestion on the future path. The monetary policy announcement is due at 7.00 AM ET. The bank had kept the rate unchanged at 5.25 percent over the last two consecutive meetings. The current rate is the highest since early 2008. The market was pricing rate cuts as early as in May. However
RTTNews | 574 дней спустя

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