Forex News

European Shares Edge Lower On Rate Worries

European stocks declined on Thursday, a day after the U.S. Federal Reserve held interest rates steady but cautioned that inflation is still too high to start cutting policy rates.
RTTNews | 146 days ago
FTSE 100 Declines On Rate Worries

FTSE 100 Declines On Rate Worries

U.K. stocks slipped into the red on Thursday after the Federal Reserve indicated only one-quarter point rate cut this year.
RTTNews | 146 days ago
CAC 40 Drifts Lower On Interest Rate Uncertainty

CAC 40 Drifts Lower On Interest Rate Uncertainty

French stocks drifted lower on Thursday, a day after the U.S. Federal Reserve held interest rates steady but cautioned that inflation is still too high to start cutting policy rates.
RTTNews | 146 days ago
DAX Slips Into Red On Fed's Hawkish Tone

DAX Slips Into Red On Fed's Hawkish Tone

German stocks declined on Thursday, a day after the latest projections showed Fed officials expect only one interest rate cut this year compared to the three forecast in March.
RTTNews | 146 days ago
Australia Jobless Rate Falls To 4.0%

Australia Jobless Rate Falls To 4.0%

Australia's unemployment rate dropped in May and employment increased notably, suggesting that the labour market is relatively tight, official data revealed on Thursday. The jobless rate fell to 4.0 percent in May, as expected, from 4.1 percent in April, the Australian Bureau of Statistics said. The number of people out of work decreased by 9,200 in May, reversing an increase of 33,000 in April
RTTNews | 146 days ago
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 146 days ago
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European Economic News Preview: Eurozone Industrial Output Data Due

European Economic News Preview: Eurozone Industrial Output Data Due

Industrial production from the euro area 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 wholesale prices for May. Economists expect wholesale prices to grow 0.3 percent on month, following a 0.4 percent gain in April.
RTTNews | 146 days ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, as traders reacted to soft U.S. inflation data that helped ease concerns about the outlook for interest rates. The US Fed also left interest rates unchanged as widely expected and revealed officials now expect only one interest rate cut this year.
RTTNews | 146 days ago
Japanese Market Slightly Higher

Japanese Market Slightly Higher

Recouping some of the losses in the previous session, the Japanese market is slightly higher on Thursday, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving a tad above the 38,900 level, with gains in index heavyweights and financial stocks partially offset by weakness in exporters and automakers.
RTTNews | 146 days ago

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