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CAC 40 Inches Higher Ahead Of Bond Auction

CAC 40 Inches Higher Ahead Of Bond Auction

French stocks eked out modest gains on Thursday after the Swiss National Bank announced its second interest-rate cut this year and reinforced its stance in the global policy easing cycle.
RTTNews | vor 138 Tagen
DAX Gains As Swiss National Bank Cuts Rate Again

DAX Gains As Swiss National Bank Cuts Rate Again

German stocks advanced on Thursday as the Swiss National Bank delivered another interest rate cut, reducing its policy rate by 25 basis points to 1.25 percent, as expected by two-thirds of analysts.
RTTNews | vor 138 Tagen
Swiss Central Bank Lowers Policy Rate By 25 Bps

Swiss Central Bank Lowers Policy Rate By 25 Bps

The Swiss National Bank lowered its key policy rate for the second consecutive meeting on Thursday, citing easing underlying inflationary pressures. The policy board headed by Thomas Jordan decided to cut the policy rate by 25 basis points to 1.25 percent. The new rate will take effect on June 21. The bank had unexpectedly reduced its rate by a quarter point at the March meeting.
RTTNews | vor 138 Tagen
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews | vor 138 Tagen
China Keeps Lending Rates Unchanged As Expected

China Keeps Lending Rates Unchanged As Expected

China's central bank maintained its lending rates unchanged, as widely expected, on Thursday. The People's Bank of China kept its one-year loan prime rate unchanged at 3.45 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.95 percent.
RTTNews | vor 138 Tagen
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European Economic News Preview: Bank Of England Policy Decision Due

European Economic News Preview: Bank Of England Policy Decision Due

The monetary policy announcements from the Bank of England and the Swiss National Bank are the top events due on Thursday, headlining a hectic day for the European Economic news. The BoE is widely expected to hold its interest rate at 5.25 percent for the seventh straight session despite inflation hitting the 2 percent target in May.
RTTNews | vor 138 Tagen
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the mixed cues from other global markets overnight, as traders largely stayed reluctant to make significant moves amid a lack of any new catalyst after a holiday on Wall Street and mixed cues from other global markets. Asian Markets closed mixed on Wednesday.
RTTNews | vor 138 Tagen
Sensex, Nifty Seen Marginally Higher At Open

Sensex, Nifty Seen Marginally Higher At Open

Indian shares are seen opening marginally higher on Thursday, with FMCG stocks likely to be in focus after the Union Cabinet approved an increase in the Minimum Support Prices (MSPs) for all 14 kharif crops.
RTTNews | vor 138 Tagen
Japanese Market Significantly Lower

Japanese Market Significantly Lower

Giving up the gains in the previous two sessions, the Japanese market is significantly lower on Thursday, following the mixed cues from other global markets overnight. The Nikkei 225 is falling below the 38,300 level, with losses across most sectors led by index heavyweights, financial and technology stocks.
RTTNews | vor 138 Tagen

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