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New Zealand Rate Decision Due On Wednesday
(RTTNews) - The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a light day in Asia-Pacific economic activity.
The RBNZ is widely expected to keep its Official Cash Rate unchanged at 5.50 percent.
Australia will provide Q3 data for construction work done, with forecasts suggesting an increase of 0.3 percent on quarter following the 0.4 percent gain in the three months prior.
The central bank in Thailand will conclude its monetary policy meeting and then announce its decision on interest rates. The bank is widely expected to keep its benchmark lending rate steady at 2.50 percent.
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Pound Jumps After BoE Rate Decision
The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.
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31 dakika önce
CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%
French stocks are up in positive territory on Thursday, despite concerns about the impact of U.S. tariffs that come into force today. Investors are largely focusing on earnings, and digesting the Bank of England's interest rate decision.
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33 dakika önce
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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49 dakika önce
Euro Rises Amid Trump's Tariff Implementations
The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.
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1s 7 dakika önce
FTSE 100 Moderately Lower; BoE Cuts Interest Rate By 0.25%
The U.K. market is down in negative territory a little past noon on Thursday, extending its morning weakness, as investors largely remain cautious despite the Bank of England (BoE) reducing interest rate by a quarter percentage point this noon.
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1s 9 dakika önce
DAX Up Sharply As Investors React Positively To Earnings
German stocks are up sharply on Thursday, with investors shrugging tariff concerns and going on a buying spree across the board, focusing mostly on earnings. A report showing a growth in the nation's exports in the quarter ended June is aiding sentiment, somewhat outweighing the data showing a sharp drop in industrial output in the month fof June.
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1s 35 dakika önce
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Thursday.
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1s 45 dakika önce
German Industrial Output Declines Most In 11 Months
Germany's industrial production logged its biggest fall in nearly a year in June, data from Destatis revealed on Thursday. Industrial output decreased 1.9 percent on a monthly basis in June, worse than the economists' forecast of 0.4 percent drop. This was the biggest fall since July 2024.Production for May was revised down from the initially estimated 1.2 percent increase.
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1s 57 dakika önce
