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Commodity Currencies Gain On Upbeat China Trade Data

Commodity Currencies Gain On Upbeat China Trade Data

The Commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Thursday, after data showed that China's exports expanded the most in more than two years in October, while imports declined at a sharper-than-expected pace due to weaker domestic demand.
RTTNews | 17日前
CAC 40 Slightly Higher Ahead Of BoE, Fed Decisions

CAC 40 Slightly Higher Ahead Of BoE, Fed Decisions

French stocks were slightly higher on Thursday ahead of interest-rate decisions from the Bank of England and the U.S. Federal Reserve later in the day, with both the central banks expected to cut rates by 25 basis points.
RTTNews | 17日前
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Asian Shares Mixed After China Trade Data

Asian Shares Mixed After China Trade Data

Asian stocks ended mixed on Thursday as upbeat Chinese trade data offset concerns over the impact of Trump's policies on international trade, immigration and other key issues.
RTTNews | 17日前
UK House Prices Rise For Fourth Straight Month

UK House Prices Rise For Fourth Straight Month

UK house prices increased for the fourth straight month to hit a record high in October but prices are expected to climb at a moderate pace as slower interest rate cuts by the Bank of England and government policies might damp demand, mortgage lender Halifax said Thursday. House prices grew 0.2 percent from September, as expected. This follows a 0.3 percent gain each in August and September.
RTTNews | 17日前
European Economic News Preview: BoE To Cut Interest Rate

European Economic News Preview: BoE To Cut Interest Rate

The Bank of England is set to lower its benchmark rate by a quarter-point on Thursday but uncertainty over the future policy easing escalated after Donald Trump won the US presidential election. At the end of two-day policy meeting, the Monetary Policy Committee of the BoE is expected to lower the bank rate to 4.75 percent from 5.00 percent.
RTTNews | 17日前
China Exports Growth Fastest In More Than 2 Years; Imports Fall

China Exports Growth Fastest In More Than 2 Years; Imports Fall

China's exports expanded the most in more than two years in October, while imports declined at a sharper-than-expected pace due to weaker domestic demand, official data showed Thursday. Exports grew 12.7 percent on a yearly basis, following an increase of 2.4 percent in September, customs data revealed. Shipments were forecast to climb only 5.0 percent.
RTTNews | 17日前

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