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German Ifo Business Confidence Highest In 3 Months

German Ifo Business Confidence Highest In 3 Months

Germany's business confidence improved more-than-expected in November to reach its highest level in three months from a twenty-nine month low in October, as companies' pessimism regarding the coming months reduced sharply, survey results from the ifo Institute showed on Thursday.
RTTNews | Pred 979 dňami
Pound Strengthens On Expectations For Smaller Fed Rate Hikes

Pound Strengthens On Expectations For Smaller Fed Rate Hikes

The pound climbed against its major counterparts in the European session on Thursday, as the minutes from the Federal Reserve's latest policy meeting suggested that an easing in the pace of interest rate hikes would be appropriate soon.
RTTNews | Pred 979 dňami
Bay Street Likely To Open Higher

Bay Street Likely To Open Higher

Canadian shares are likely to open higher on Thursday as firm metal prices and rising optimism about the Federal Reserve slowing its pace of interest rate hikes are expected to lift sentiment.
RTTNews | Pred 979 dňami
Turkey Central Bank Slashes Policy Rate; Ends Easing Cycle

Turkey Central Bank Slashes Policy Rate; Ends Easing Cycle

In stark contrast to the monetary policy tightening stance of global central banks, Turkey decided to slash its policy rate by 150 basis points and to end the current rate cut cycle that began in August. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, headed by Sahap Kavcioglu, cut the policy rate to 9.00 percent from 10.50 percent.
RTTNews | Pred 979 dňami
Sweden Central Bank Hikes Rate By 75 Bps

Sweden Central Bank Hikes Rate By 75 Bps

Sweden central bank lifted its key interest rate by 75 basis points and signaled additional hike early next year to tame inflation. The Executive Board of Riksbank decided to raise the policy rate by 0.75 percentage points to 2.50 percent. The central bank started tightening its policy in April, when the policy rate was zero percent.
RTTNews | Pred 979 dňami
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European Shares Gain Ahead Of ECB Minutes

European Shares Gain Ahead Of ECB Minutes

European stocks advanced on Thursday as relatively dovish signals from the Federal Reserve helped traders look past concerns over China, with the daily COVID cases hitting a record high since the pandemic began.
RTTNews | Pred 979 dňami
CAC 40 Inches Higher On Dovish Fed Minutes

CAC 40 Inches Higher On Dovish Fed Minutes

French stocks rose on Thursday as relatively dovish signals from the Federal Reserve helped traders look past concerns over China, with the daily COVID cases hitting a record high since the pandemic began.
RTTNews | Pred 979 dňami
DAX Edges Higher Ahead Of ECB Minutes

DAX Edges Higher Ahead Of ECB Minutes

German stocks eked out modest gains on Thursday after minutes from the Federal Reserve's November meeting signaled a slowdown in future rate hikes.
RTTNews | Pred 979 dňami
Asian Shares Rise On Fed Policy Optimism

Asian Shares Rise On Fed Policy Optimism

Asian stocks ended broadly higher on Thursday as optimism over a less hawkish Fed outweighed concerns that a surge in COVID cases in China would weigh on growth.
RTTNews | Pred 979 dňami
Amazon Likely To Invest $1 Bln A Year In Movies To Release In Theaters

Amazon Likely To Invest $1 Bln A Year In Movies To Release In Theaters

Amazon.com Inc. plans to spend more than $1 billion annually to produce movies that will get a theatrical release, Bloomberg reported, citing people familiar with the matter. The online retailer giant, which acquired movie maker MGM Studios earlier this year for $8.45 billion, is likely to produce between 12 and 15 movies each year for movie theaters.
RTTNews | Pred 979 dňami

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