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U.S. Dollar Climbs As Early Rate-cut Hopes Dim After Strong PPI Data

The U.S. dollar strengthened against its major counterparts in the European session on Thursday, as stronger-than-expected producer price index for January diminished likelihood of early interest rate cuts from the U.S. Federal Reserve.
RTTNews | 559 วันที่ผ่านมา
U.S. Producer Prices Rise 0.3% In January, More Than Expected

U.S. Producer Prices Rise 0.3% In January, More Than Expected

The Labor Department released a report on Friday showing producer prices in the U.S. increased by more than expected in the month of January. The report said the producer price index for final demand rose by 0.3 percent in January after edging down by 0.1 percent in December. Economists had expected producer prices to inch up by 0.1 percent.
RTTNews | 559 วันที่ผ่านมา
Apple Plans To Launch AI Tool To Simplify Coding Work

Apple Plans To Launch AI Tool To Simplify Coding Work

Apple Inc. plans to launch a new software tool in artificial intelligence or AI for app developers to automate coding work, Bloomberg reported citing people with knowledge of the matter. The new tool is expected to help developers create software coding more quickly with a simplified coding process.
RTTNews | 559 วันที่ผ่านมา
U. K. Retail Sales Rebound Most Since Early 2021

U. K. Retail Sales Rebound Most Since Early 2021

U. K. retail sales grew at the fastest pace since early 2021 underscoring that consumer spending is set to provide boost to the economic recovery in the first quarter of 2024. Retail sales volumes rebounded 3.4 percent in January, following a record fall of 3.3 percent in December, the Office for National Statistics said Friday.
RTTNews | 559 วันที่ผ่านมา
Google Launches AI Cyber Defense Initiative

Google Launches AI Cyber Defense Initiative

Alphabet Inc.'s Google has launched the "AI Cyber Defence Initiative" as part of its bid to use AI's security potential through a proposed policy and technology agenda that will help secure, empower and advance the digital future. The AI Cyber Defense Initiative will help transform cybersecurity and use AI to reverse the dynamic known as the "Defender's Dilemma."
RTTNews | 559 วันที่ผ่านมา
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Swiss Re FY23 Profit Surges, Ups Dividend, Confirms Outlook; Stock Down

Swiss Re FY23 Profit Surges, Ups Dividend, Confirms Outlook; Stock Down

Swiss Re Ltd. reported Friday significantly higher profit in its fiscal 2023, supported by improved underwriting margins and an increase in investment income with higher interest rates. Net premiums earned and fee income were higher than last year. Further, the company lifted its dividend, and confirmed forecast for higher earnings in fiscal 2024.
RTTNews | 559 วันที่ผ่านมา
European Shares Gain On Rate Cut Hopes

European Shares Gain On Rate Cut Hopes

European stocks inched higher on Friday amid expectations of interest-rate cuts in the second quarter.
RTTNews | 559 วันที่ผ่านมา
FTSE 100 Rises As Retail Sales Rebound

FTSE 100 Rises As Retail Sales Rebound

U.K. stocks rose notably on Friday after retail sales rebounded by much more than expected in January.
RTTNews | 559 วันที่ผ่านมา
CAC 40 Gains On Hopes For Early Rate Cuts

CAC 40 Gains On Hopes For Early Rate Cuts

French stocks advanced on Friday after data showed U.S. retail sales declined more than expected, feeding hopes the Federal Reserve will soon start cutting interest rates.
RTTNews | 559 วันที่ผ่านมา
DAX Edges Higher On ECB Rate Cut Hopes

DAX Edges Higher On ECB Rate Cut Hopes

German stocks traded higher on Friday amid expectations of interest-rate cuts in the second quarter.
RTTNews | 559 วันที่ผ่านมา

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