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UK Wage Growth Signals Another Rate Hike In September
Although the UK unemployment rate rose in the second quarter, wage growth accelerated more than expected, raising the chances of the Bank of England raising interest rates by another quarter-point in September. Data from the Office for National Statistics showed that the jobless rate rose to 4.2 percent in the three months to June, while it was forecast to remain unchanged at 4.0 percent.
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727 gün önce
European Shares Edge Lower On Growth, Rate Concerns
European stocks fell on Tuesday amid growth concerns after data showed China's consumption and investment cooled further in July.
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727 gün önce
FTSE 100 Tumbles As Record Wage Growth Fuels Inflation Concerns
U.K. stocks fell sharply on Tuesday after data showed the U.K. unemployment rate increased unexpectedly in the second quarter.
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727 gün önce
China Cuts Policy Rates As Economic Data Disappoints
The People's Bank of China slashed major policy rates on Tuesday as economic data suggested that the second-largest economy is still struggling to regain strength amid fears of another slump in the real estate sector. The Chinese central bank reduced the one-year medium-term lending facility, or MLF, to 2.50 percent from 2.65 percent. The bank had lowered the MLF by 10 basis points in June.
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727 gün önce
CAC 40 Drifts Lower On China Growth Concerns, Inflation Worries
French stocks fell on Tuesday amid China growth concerns and lingering worries surrounding inflation and interest-rate rises.
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727 gün önce
DAX Slides Ahead Of ZEW Statistics
German stocks traded lower on Tuesday ahead of the German August ZEW survey results due later in the day.
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727 gün önce
Asian Shares Mixed As China Data Disappoints
Asian stocks ended mixed on Tuesday as a broad array of Chinese economic data missed expectations and the country's central bank cut a key interest rate in an effort to boost flagging growth.
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727 gün önce
more news
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against other major currencies in the late Asian session on Tuesday.
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727 gün önce
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the late Asian session on Tuesday.
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727 gün önce
European Shares To Open On Firm Note As China Cuts Key Rates
European stocks are seen opening on a positive note Tuesday after U.S. markets ended higher overnight, led by technology stocks.
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727 gün önce
European Economic News Preview: UK Unemployment Data Due
Unemployment from the UK and economic confidence survey results from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK labor market statistics. The jobless rate is seen unchanged at 4.0 percent in three months to June.
RTTNews
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727 gün önce
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight and as traders remain concerned about the health of China, the world's second largest economy, after a leading property developer Country Garden faced a potential bankruptcy that could shake the stuttering Chinese economy. Asian markets closed mostly lower on Monday.
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727 gün önce
Indian Markets Closed For Independence Day
Indian financial markets remain closed today on account of Independence Day.
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727 gün önce
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