European Economic News Preview: France Final Inflation Data Due

Eurozone Retail Sales Fall Unexpectedly

Eurozone retail sales declined unexpectedly in January on non-food and auto fuel sales, official data showed on Thursday. Retail sales registered a monthly drop of 0.3 percent, confounding expectations for an increase of 0.1 percent. The statistical office revised up retail sales for December to nil growth from the initial estimate of 0.2 percent fall.

RTTNews | 5h 3min ago

Turkey Central Bank Slashes Rate By 250 Bps

Turkey's central bank lowered its benchmark rate for the third straight time on Thursday as the underlying trend of inflation softened. The Monetary Policy Committee, headed by Yasar Fatih Karahan, decided to reduce the policy rate to 42.5 percent from 45.0 percent, as widely expected. The bank had reduced the rate by 250 basis points each in December and January.

RTTNews | 5h 42min ago

Air France-KLM Stock Climbs On Narrower Q4 Loss, Positive Outlook

Shares of Air France-KLM Group were gaining more than 20 percent in the morning trade in Paris after the airline reported Thursday narrower net loss and significantly higher EBITDA, a key earnings metric, in its fourth quarter amid good growth in passenger traffic, capacity and load factor. Further, the company projects capacity growth in fiscal 2025, and maintained medium term outlook.

RTTNews | 6h 29min ago

FTSE 100 Down More Than 1%

U.K. stocks are down firmly in negative territory Thursday morning with investors taking some profits, while reacting to corporate earnings updates and awaiting the European Central Bank's interest rate decision later in the day.

RTTNews | 6h 45min ago

CAC Modestly Lower On Profit Taking

After a positive start, the French stock market retreated Thursday morning, and is modestly lower now with investors taking some profits at a few frontline counters.

RTTNews | 7h 23min ago

Yen Rises Amid BoJ Rate Hike Prospects

The Japanese yen strengthened against other major currencies in the European session on Thursday, in reaction to the Bank of Japan's (BoJ) hawkish monetary policy outlook. Additionally, concerns about a worsening global trade war are driving up demand for safe haven currency like JPY.

RTTNews | 7h 43min ago

UK Construction Logs Sharpest Downturn Since 2020

The UK construction sector registered the sharpest contraction since May 2020 on notable falls in orders and output, survey results from S&P Global showed on Thursday. The construction Purchasing Managers' Index fell unexpectedly to 44.6 in February from 48.1 in January. The reading was seen at 49.5.

RTTNews | 7h 51min ago

Sensex, Nifty Extend Gains For Second Day On Tariff Relief Hopes

Indian shares rose notably on Thursday, extending the previous session's sharply rally, as U.S. tariff concerns eased and China's finance ministry left the door open to more stimulus measures on top of those announced at the annual parliament meeting this week.

RTTNews | 7h 56min ago

EURUSD	1.07955	GBPUSD	1.2882	AUDUSD	0.63376
USDJPY	147.455	USDCAD	1.43662	USDCHF	0.886

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European Economic News Preview: France Final Inflation Data Due