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French Consumer Confidence Weakens

French Consumer Confidence Weakens

French consumer sentiment weakened in March largely due to the deterioration in households' view about future financial situation, monthly survey data from the statistical office INSEE showed on Wednesday. The consumer confidence index fell unexpectedly to 92 in March from 93 in February. The reading was expected to rise to 94.
RTTNews | Pred 156 dňami
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Wednesday.
RTTNews | Pred 156 dňami
UK Inflation Cools To 2.8%

UK Inflation Cools To 2.8%

UK inflation softened unexpectedly in February on lower clothing costs, data from the Office for National Statistics showed on Wednesday. The consumer price index logged an annual increase of 2.8 percent in February, following January's 3.0 percent rise. Prices were forecast to climb again by 3.0 percent. Core inflation that excludes prices of energy, food, alcohol and tobacco, was 3.5 percent.
RTTNews | Pred 156 dňami
Asian Shares Follow Wall Street Higher

Asian Shares Follow Wall Street Higher

Asian stocks ended mostly higher on Wednesday even as deteriorating U.S. consumer confidence in the face of tariff fears coincided with economists' forecasts suggesting a risk of stagflation and rising odds of recession.
RTTNews | Pred 156 dňami
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Commodity Currencies Advance Amid Risk-on Mood

Commodity Currencies Advance Amid Risk-on Mood

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday, as investors risk-on mood increased amid optimism about earlier interest rate cuts by the U.S. Fed after U.S. consumer confidence deteriorated by more than expected in the month of March. Traders are also optimistic about some tariff exemptions by the U.S. administration as they seek greater clarity on the next round of tariffs.
RTTNews | Pred 156 dňami
European Shares Seen Flat To Higher At Open

European Shares Seen Flat To Higher At Open

European stocks may open flat to slightly higher on Wednesday as investors react to Black Sea maritime security deals struck by the U.S. in the war in Ukraine and await more clarity on U.S. President's Donald Trump's trade policy ahead of a new round of tariffs set to take effect next week.
RTTNews | Pred 156 dňami
Australia Inflation Eases Slightly In February

Australia Inflation Eases Slightly In February

Australia consumer price inflation softened unexpectedly in February, raising hopes of another interest rate cut in coming months. The monthly consumer price index rose 2.4 percent year-on-year in February, after holding steady at 2.5 percent in the previous two months, the Australian Bureau of Statistics reported Wednesday.
RTTNews | Pred 156 dňami

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