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China Loan Prime Rate Due On Monday

The People's Bank of China will announce its latest loan prime rate numbers, highlighting a light day for Asia-Pacific economic activity. The rate is expected to hold steady at 3.65 percent.
RTTNews | 869 gün önce
Dollar Extends Losses Against Major Counterparts

Dollar Extends Losses Against Major Counterparts

The U.S. dollar drifted lower against its major rivals on Friday as traders continued to assess the impact of the crisis in the banking sector, and looked ahead to the Federal Reserve's policy meeting next week.
RTTNews | 871 gün önce
Swiss Market Ends On Weak Note; Credit Suisse Tumbles 8%

Swiss Market Ends On Weak Note; Credit Suisse Tumbles 8%

Despite opening on a positive note, the Switzerland stock market ended notably lower on Friday as worries about a potential banking crisis continued to hurt sentiment, prompting investors to lighten commitments.
RTTNews | 871 gün önce
U.S. Consumer Sentiment Unexpectedly Drops In March, Inflation Expectations Dip

U.S. Consumer Sentiment Unexpectedly Drops In March, Inflation Expectations Dip

Consumer sentiment in the U.S. fell for the first time in four months in March, according to a preliminary report released by the University of Michigan on Friday. The report said the consumer sentiment index slid to 63.4 in March from 67.0 in February. Economists had expected the index to be unchanged.
RTTNews | 871 gün önce
U.S. Leading Economic Index Falls For Eleventh Straight Month In February

U.S. Leading Economic Index Falls For Eleventh Straight Month In February

The Conference Board released a report on Friday showing its reading on leading U.S. economic indicators declined for the eleventh consecutive month in February. The report said the leading economic index fell by 0.3 percent in February, matching the decrease seen in January. Economists had expected the index to dip by 0.2 percent.
RTTNews | 871 gün önce
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U.S. Industrial Production Unexpectedly Unchanged In February

U.S. Industrial Production Unexpectedly Unchanged In February

A report released by the Federal Reserve on Friday showed U.S. industrial production was unexpectedly unchanged in the month of February. The Fed said industrial production was unchanged in February following a revised 0.3 percent increase in January.
RTTNews | 871 gün önce
China Central Bank Cuts RRR By 25 Bps To Support Economic Recovery

China Central Bank Cuts RRR By 25 Bps To Support Economic Recovery

The People's Bank of China cut the reserve requirement ratio for banks by 25 basis points on Friday for the first time this year to support the nascent economic recovery and to ensure reasonable and sufficient liquidity in the banking system. The RRR represents the amount of cash that banks must hold as reserves.
RTTNews | 871 gün önce
Eurozone Record High Core Inflation Confirmed; Labor Costs Rise Faster

Eurozone Record High Core Inflation Confirmed; Labor Costs Rise Faster

Eurozone harmonized prices logged a slower increase in February, while core inflation accelerated to a record as estimated initially. The underlying inflation is likely to remain sticky with wage growth gaining strength towards the end of 2022. The harmonized index of consumer prices, or HICP, increased 8.5 percent on a yearly basis. That was slightly slower than the 8.6 percent gain in January
RTTNews | 871 gün önce

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