Forex News

FTSE 100 Slips As Commodity Stocks Drag

FTSE 100 Slips As Commodity Stocks Drag

U.K. stocks were moving lower on Thursday as lower commodity prices on worries about slowing global growth weighed on the mining and energy sectors.
RTTNews | 687 days ago
Nokia Q1 Profit Rises, Comparable Results Down, Confirms View; Stock Dips

Nokia Q1 Profit Rises, Comparable Results Down, Confirms View; Stock Dips

Finnish critical networks and communications company Nokia Corp. reported Thursday higher profit and net revenues in its first quarter with improved performance in most of its segments. Comparable earnings and margin, meanwhile, declined from last year. Further, the firm maintained its fiscal 2023 and long term targets. Nokia shares were losing around 5 percent in the morning trading in Finland.
RTTNews | 687 days ago
DAX Declines On Fed Worries

DAX Declines On Fed Worries

German stocks fell in cautious trade on Thursday as investors reacted to hawkish comments from Fed officials and fretted over recession risks.
RTTNews | 687 days ago
Asian Shares Mixed On Fed Rate Hike Woes

Asian Shares Mixed On Fed Rate Hike Woes

Asian stocks ended Thursday's session on a lackluster note, as investors digested another set of mixed earnings reports from big U.S. companies and sought clarity on whether the Federal Reserve would pause after a widely expected 25-bps rate hike in May.
RTTNews | 687 days ago
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China Keeps Benchmark Rates Unchanged As Expected

China Keeps Benchmark Rates Unchanged As Expected

China's central bank maintained its benchmark rates unchanged on Thursday, as widely expected, as the economy logged a strong growth after the unwinding of zero-Covid policy. The People's Bank of China left its one-year loan prime rate, or LPR, unchanged at 3.65 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 4.30 percent.
RTTNews | 687 days ago
European Economic News Preview: ECB Minutes Due

European Economic News Preview: ECB Minutes Due

The minutes of the governing council meeting of the European Central Bank is the top economic news due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's producer prices for March. Producer price inflation is forecast to ease to 9.8 percent from 15.8 percent in February.
RTTNews | 687 days ago
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 687 days ago

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