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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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vor 71 Tagen
FTSE 100 Holds Steady After GDP Data
U.K. stocks held steady on Thursday after official data showed the U.K. economy expanded again in the second quarter, but the pace of growth moderated slightly due to the contractions in industrial and construction output.
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vor 71 Tagen
CAC 40 Little Changed As China Data Disappoints
French stocks were little changed on Thursday after rising notably in the previous session on bets of a Federal Reserve rate cut in September.
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vor 71 Tagen
Australian Dollar Recovers After Robust Jobs Data
The Australian dollar recovered from recent weakness against other major currencies in the late Asian session on Thursday, after data showed the Australia's labor market strengthened in July amid strong job openings.
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vor 71 Tagen
DAX Rises As Yields Dip On Fed Rate Cut Bets
German stocks eked out modest gains on Thursday, Treasury yields dipped, and the euro held steady above $1.10 as signs of slowing U.S. producer and consumer price inflation hinted at a potential Fed rate cut at the central bank's September policy meeting.
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vor 71 Tagen
Asian Shares Follow Wall Street Higher On Rate Cut Hopes
Asian stocks followed Wall Street higher on Thursday, the dollar sagged, and Treasury yields dipped as more signs of cooling inflation in the U.S. fueled bets of a Federal Reserve rate cut in September.
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vor 71 Tagen
Australian Dollar Recovers Against Majors
The Australian dollar recovered from recent weakness against other major currencies in the late Asian session on Thursday.
RTTNews
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vor 71 Tagen
more news
UK Q2 GDP Expands 0.6% As Expected
The UK economy expanded again in the second quarter but the pace of growth moderated slightly due to the contractions in industrial and construction output, data from the Office for National Statistics showed on Thursday. Real gross domestic product grew 0.6 percent in the three months to June, slightly slower than the 0.7 percent expansion seen in the first quarter and in line with expectations.
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vor 71 Tagen
European Shares Seen Up On Fed Rate Cut Bets
European stocks may open on a positive note Thursday as traders ramped up forecasts on how much the Federal Reserve will cut interest rates this year.
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vor 71 Tagen
European Economic News Preview: UK GDP Data Due
Gross domestic product data from the UK is the major economic report due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to publish GDP data for the second quarter and industrial output and foreign trade figures for June. The economy is expected to grow 0.6 percent sequentially.
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vor 71 Tagen
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as soft US consumer price inflation data in July reinforced expectations of a rate cut by the Us Fed next month. However, traders may have felt the chances of a rate cut were already priced into the markets after the rally a day ago. Asian Markets closed mixed on Wednesday.
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vor 71 Tagen
Indian Markets Closed For Independence Day
Indian stock exchanges, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), remain closed today on account of Independence Day.
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vor 71 Tagen
Japanese Market Notably Higher
Extending the gains in the previous three sessions, the Japanese market is notably higher on Thursday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 36,600 level, with gains across most sectors led by index heavyweights and financial stocks.
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vor 71 Tagen
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