Forex News
Eurozone Manufacturing Activity Continues To Shrink
The euro area manufacturing sector continued to contract on steep reduction in orders and output in July, final data from S&P Global showed on Thursday. Further, official data showed that the unemployment rate in the currency bloc edged up in June as firms scaled back their staffing capacity amid weak economic activity.
RTTNews |
146 days ago
European Shares Drift Lower On Weak Data, Earnings
European stocks traded lower on Thursday, with a slew of disappointing earnings as well as downbeat PMI and unemployment data weighing on markets.
RTTNews
|
146 days ago
FTSE 100 Edges Lower Ahead Of BOE Rate Decision
U.K. stocks edged lower in cautious trade on Thursday ahead of the Bank of England's rate decision later in the day.
RTTNews
|
146 days ago
CAC 40 Edges Lower As Banks Fall On Disappointing Earnings
French stocks declined on Thursday, with banks and automakers retreating on disappointing earnings.
RTTNews
|
146 days ago
DAX Declines As Automakers Drag
German stocks fell sharply on Thursday as automotive companies posted disappointing earnings results and a survey showed the downturn in Germany's manufacturing sector accelerated in July.
RTTNews
|
146 days ago
Asian Shares Mixed As Yen Surges, China Data Disappoints
Asian stocks turned in a mixed performance on Thursday as the U.S. dollar sank against the yen and a private survey showed China's factory activity shrank for the first time in nine months in July.
RTTNews
|
146 days ago
UK House Prices Rise For Third Month: Nationwide
UK house prices increased for the third straight month in July, suggesting stabilization in the housing market, data from Nationwide Building Society showed on Thursday. House prices posted a monthly growth of 0.3 percent after rising 0.2 percent in June. This was the third consecutive increase and faster than forecast of 0.1 percent.
RTTNews
|
146 days ago
more news
Pound Slides Amid BoE Rate Cut Speculation
The British pound weakened against other major currencies in the pre-European session on Thursday, as traders speculate that the Bank of England is likely to lower its interest rate from a 16-year high at the monetary policy meeting today.
RTTNews
|
146 days ago
Pound Slides Against Majors
The British pound weakened against other major currencies in the pre-European session on Thursday.
RTTNews
|
146 days ago
European Economic News Preview: BoE Likely To Cut Rates
The Bank of England is likely to lower its interest rate from a 16-year high on Thursday but it will be a very close call. The Monetary Policy Committee is expected to trim the bank rate by 25 basis points to 5.00 percent. This would be the first reduction since the onset of the pandemic. However, markets are divided over the chance of a rate cut today.
RTTNews
|
146 days ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews
|
146 days ago
European Shares Seen Broadly Higher; BOE Meeting Eyed
European stocks are seen opening broadly higher on Thursday after the U.S. Federal Reserve hinted at a September rate cut and Facebook parent Meta gave Platforms reported good results for the June quarter and gave an upbeat outlook for Q3, driven by robust digital ad spending on Facebook and Instagram.
RTTNews
|
146 days ago
China Manufacturing Sector Logs Unexpected Contraction
China's manufacturing sector fell into the contraction zone in July on renewed decline in new work and weak output growth, survey data from S&P Global showed on Thursday. The Caixin manufacturing Purchasing Managers' Index fell to 49.8 in July from 51.8 in June. The reading was expected to drop moderately to 51.5.
RTTNews
|
146 days ago
Stay up to date!
Add News to your browser
Add To Chrome
