European Economics News Preview: Germany GDP Data Due

South Korea Won Falls After BoK's Expected Rate Cut Decision

The South Korean Won weakened against the U.S. dollar in the Asian session on Tuesday, after the Bank of Korea reduced its benchmark rate by a quarter-point as domestic political unrest and trade policies of the US government weighed on domestic demand and economic growth.

RTTNews | 5h 9min ago

European Shares Little Changed In Lackluster Trade; Tech Stocks Underperform

European stocks were little changed on Tuesday as investors fretted about U.S. investment curbs on China and waited for Germany to sort out the formation of its new government.

RTTNews | 5h 30min ago

Asian Shares Retreat On Trade War Concerns

Asian stocks declined on Tuesday as fresh U.S. trade measures against China and President Donald Trump's comments that tariffs on Canada and Mexico 'will go forward' rekindled fears of a global trade war.

RTTNews | 5h 59min ago

German GDP Shrinks On Weaker Exports

The German economy contracted in the fourth quarter, in line with estimate, as the sharp decline in exports offset the improvement in consumption. Gross domestic product declined 0.2 percent from a quarter ago, reversing a 0.1 percent sequential growth in the third quarter, detailed report from Destatis showed on Tuesday. The figures matched the estimate published on January 30.

RTTNews | 6h 19min ago

Europe New Car Registrations Decline In January

Europe's new car registrations declined in January as sales weakened across three major markets, the European Automobile Manufacturers' Association said Tuesday. New car sales decreased 2.6 percent from a year ago, in contrast to the 5.1 percent increase in December. Car registrations declined 6.2 percent in France and by 5.8 percent in Italy. Germany reported a moderate fall of 2.8 percent.

RTTNews | 7h 14min ago

China Maintains Medium-Term Lending Facility Rate

The People's Bank of China conducted one-year medium-term lending facility operations on Tuesday and the interest rate on MLF was kept unchanged. The central bank issued CNY 300 billion of one-year MLF at a rate of 2.0 percent. The interest rate was unchanged from the previous operation.

RTTNews | 7h 52min ago

European Shares Poised To Open Lower On Trump Tariff Concerns

European stocks may drift lower at open on Tuesday after the S&P 500 posted its third consecutive session loss on tariff worries and apprehensions over the artificial intelligence-driven narratives.

RTTNews | 8h 56min ago

Bank Of Korea Cuts Policy Rate By 25 Bps

The Bank of Korea reduced its benchmark rate by a quarter-point on Tuesday as domestic political unrest and trade policies of the US government weighed on domestic demand and economic growth. The monetary policy board, governed by Rhee Chang Yong, decided to lower the Base Rate by 25 basis points to 2.75 percent. The decision matched expectations.

RTTNews | 9h 2min ago

EURUSD	1.04719	GBPUSD	1.26218	AUDUSD	0.63377
USDJPY	149.652	USDCAD	1.42585	USDCHF	0.89678