Singapore Trade Data Due On Friday

Swiss Market Ends Modestly Lower

The Switzerland market closed weak on Monday although the downside was much less pronounced than the losses posted by most of the major markets in the European region. The weakness in the market was due to rising fears of a global trade war after the U.S. President Donald Trump imposed tariffs on Canada, Mexico and China and warned that the EU and the UK could be next in line for the levy.

RTTNews | 5j 47min yang lalu

European Stocks Close Notably Lower On Trade War Fears

European stocks closed notably lower on Monday, as imposition of punitive tariffs by the U.S. President Donald Trump on Canada, Mexico and China and his warning that the European Union and the UK could be the next target for the levies triggered a sell-off across the board.

RTTNews | 6j 4min yang lalu

Pound Advances Against Majors

The pound firmed against its major counterparts in the New York session on Monday.

RTTNews | 6j 42min yang lalu

U.S. Construction Spending Climbs Much More Than Expected In December

A report released by the Commerce Department on Monday showed construction spending in the U.S. increased by much more than expected in the month of December. The Commerce Department said construction spending climbed by 0.5 percent to an annual rate of $2.192 trillion in December after rising by 0.2 percent to a revised rate of $2.180 trillion in November.

RTTNews | 8j 59min yang lalu

U.S. Manufacturing Index Indicates Growth For First Time In Over Two Years

Following 26 consecutive months of contraction, the Institute for Supply Management released a report on Monday showing U.S. manufacturing activity expanded in the month of January. The ISM said its manufacturing PMI rose to 50.9 in January from 49.2 in December, with a reading above 50 indicating growth. Economists had expected the index to inch up to 49.8.

RTTNews | 9j 7min yang lalu

Stellantis Changes Management, Structure; Searching For CEO; Stock Dips

Stellantis N.V. Monday announced a further shake-up in its management and structure following the ouster of Chief Executive Officer Carlos Tavares in December amid different views about the auto major. The company said the process to appoint a new permanent Chief Executive Officer is well underway, expected within the first half of 2025.

RTTNews | 10j 18min yang lalu

Trade War Escalation Lifts The Dollar

Trump's tariff threats rattled currency markets during the week ended January 31, lifting the Dollar against most major currencies.

RTTNews | 10j 53min yang lalu

UK Manufacturing Downturn Continues In January

The UK manufacturing activity continued to contract in January, albeit at a slower pace, due to weak demand, low confidence and rising costs, final survey results from S&P Global showed on Monday. The final manufacturing Purchasing Managers' Index rose to 48.3 in January from an 11-month low of 47.0 in December. The reading was marginally above the flash score of 48.2.

RTTNews | 11j 38min yang lalu

EURUSD	1.02873	GBPUSD	1.24007	AUDUSD	0.61851
USDJPY	154.891	USDCAD	1.45578	USDCHF	0.91294