Forex News

Yen Rises Amid BoJ Rate Hike Speculation

Yen Rises Amid BoJ Rate Hike Speculation

The Japanese yen strengthened against other major currencies in the Asian session on Thursday, as traders speculate that the Bank of Japan (BoJ) will continue raising interest rates as robust wage growth may increase consumer spending and fuel inflation.
RTTNews | 5h 5min ago
China Maintains Benchmark Lending Rates

China Maintains Benchmark Lending Rates

China left its benchmark lending rates unchanged for the fifth straight month, as widely expected, on Thursday. The People's Bank of China kept its one-year loan prime rate unchanged at 3.10 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.60 percent. Both the rates were last reduced by 25 basis points each in October 2024.
RTTNews | 5h 30min ago
NZ Dollar Drops Against Majors

NZ Dollar Drops Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews | 5h 33min ago
European Economic News Preview: BoE, SNB Policy Announcements Due

European Economic News Preview: BoE, SNB Policy Announcements Due

The monetary policy announcements from the Bank of England and the Swiss National Bank are the top events due on Thursday. The BoE is likely to sit tight on rates today as inflation remains sticky. The nine-member policy committee is widely seen holding the rate at 4.50 percent in a split vote. The decision is due at 8.00 AM ET.
RTTNews | 6h 7min ago
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 6h 15min ago
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Sensex, Nifty Climb On Dovish Fed; IT Stocks Rebound

Sensex, Nifty Climb On Dovish Fed; IT Stocks Rebound

Indian shares opened on a buoyant note Thursday after the U.S. Federal Reserve held interest rates steady, as widely expected, and signaled the possibility of two rate cuts by the end of the year, given increased uncertainty around the economic outlook.
RTTNews | 7h 41min ago
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, on an improved outlook for interest rates after the US Fed announced its widely expected decision to again leave interest rates unchanged but signaled that it is still likely to lower rates later this year. Asian Markets closed mixed on Wednesday.
RTTNews | 8h 56min ago
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian market is extending its early gains in mid-market moves on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 7,900 level, with gains across most sectors led by gold miners, financial and technology stocks.
RTTNews | 9h 17min ago
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares look set to open higher on Thursday, mirroring favorable cues from global markets as investors reacted positively to the Federal Reserve's policy outcome.
RTTNews | 9h 23min ago
Thai Stock Market May Extend Winning Streak

Thai Stock Market May Extend Winning Streak

The Thai stock market has moved higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,190-point plateau and it may add to its winnings again on Thursday.
RTTNews | 10h 4min ago

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