European Economic News Preview: German Ifo Business Confidence Due

RTTNews | 3h 29min ago
European Economic News Preview: German Ifo Business Confidence Due

(RTTNews) - Business sentiment from Germany and consumer confidence from France are due on Thursday, headlining a light day for the European economic news.

At 2.45 am ET, France's statistical office INSEE releases consumer confidence survey results. The consumer sentiment index is forecast to fall to 91 in April from 92 in March.

At 3.00 am ET, Spain's INE publishes producer prices for March.

At 4.00 am ET, the ifo institute is scheduled to release German business confidence survey data. The business sentiment index is seen at 85.1 in April, down from 86.7 in March.

At 6.00 am ET, the Confederation of British Industry is set to publish Industrial Trends survey results. The order book balance is forecast to fall to -36 in April from -29 in March.

read more
Asian Shares Mixed As Tariff Concerns Resurface

Asian Shares Mixed As Tariff Concerns Resurface

Asian stocks ended mixed on Thursday as trade war concerns resurfaced following mixed signals from the Trump administration regarding easing tariffs on Chinese imports. U.S.-China trade deal optimism faded after U.S. Treasury Secretary Scott Bessent said there were no plans for President Trump to move first in lowering tariffs to ease Sino-U.S. tensions, echoing comments from White House spokesperson Karoline Leavitt that there will be no unilateral reduction in tariffs against China.
RTTNews | 37 minutes ago
Australian Dollar Falls Amid RBA Rate Cut Speculation

Australian Dollar Falls Amid RBA Rate Cut Speculation

The Australian dollar weakened against other major currencies in the Asian session on Thursday, as some traders speculate that the Reserve Bank of Australia (RBA) is likely to lower interest rates by 25 basis points at its next month meeting.
RTTNews | 1h 26min ago
Sensex, Nifty Slightly Lower In Early Trade

Sensex, Nifty Slightly Lower In Early Trade

Indian shares were subdued in early trade on Thursday as investors reacted to mixed signals from the Trump administration on its plans for China tariffs.
RTTNews | 4h 55min 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, adding to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to stay below the 8,000 mark, with gains across most sectors led by mining and technology stocks. Energy stocks were the only weak spot.
RTTNews | 5h 49min 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, after US President Donald Trump suggested he's willing to take a less confrontational approach to trade talks with China, predicting the current 145 percent tariff on Chinese imports will "come down substantially." Asian Markets closed mostly higher on Wednesday.
RTTNews | 6h 9min ago