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Yen Strengthens Ahead Of BoJ Decision

The Japanese yen climbed against its major counterparts on Friday, on growing hopes that the Bank of Japan may change the yield curve control policy further when it meets next week.
RTTNews | 755 дней спустя
German Economy Grows 1.90% In 2022 To Beat Expectations. Can It Avoid Recession?

German Economy Grows 1.90% In 2022 To Beat Expectations. Can It Avoid Recession?

Germany's gross domestic product growth slowed less than expected in the year 2022, driven mainly by private consumption and investment in machinery, and returned to pre-pandemic levels. Despite the better performance, economists continue to look forward to a mild recession in the biggest euro area economy this year.
RTTNews | 755 дней спустя
DAX Little Changed Ahead Of GDP Data

DAX Little Changed Ahead Of GDP Data

German stocks held steady on Friday as signs of slowing U.S. inflation fueled bets the Federal Reserve would take a softer approach to its aggressive rate-hike policy.
RTTNews | 755 дней спустя
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China Exports Fall At Faster Pace On Weaker Demand

China Exports Fall At Faster Pace On Weaker Demand

China's exports declined at a faster pace at the end of the year as the global demand weakens amid fears of a recession, and also due to the domestic pandemic-related restrictions that continued to disrupt the industrial activity. The annual decline in exports worsened to 9.9 percent in December from 8.9 percent in November, the General Administration of Customs reportedly said Friday.
RTTNews | 755 дней спустя
European Economics News Preview: UK & Germany GDP Data Due

European Economics News Preview: UK & Germany GDP Data Due

National accounts from the UK and Germany are the top economic news due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK GDP, industrial production and foreign trade data. The economy is forecast to shrink 0.2 percent on month in November, in contrast to the 0.5 percent expansion in October.
RTTNews | 755 дней спустя
South Korea Hikes Key Rate By 25 Bps

South Korea Hikes Key Rate By 25 Bps

Despite slowing growth, South Korea's central bank raised its benchmark rate by a quarter-point as inflation is expected to remain above target for a considerable time. The Monetary Policy Board of the Bank of Korea decided to raise the Base Rate by 25 basis points to 3.50 percent from 3.25 percent.
RTTNews | 755 дней спустя
Sensex, Nifty Drift Lower As IT Stocks Drag

Sensex, Nifty Drift Lower As IT Stocks Drag

Indian shares were moving lower on Friday despite data showing a slowdown in U.S. inflation and encouraging macroeconomic data on the domestic front.
RTTNews | 756 дней спустя
Asian Markets Mostly Higher On Global Cues

Asian Markets Mostly Higher On Global Cues

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from global markets overnight, as data showing a drop in U.S. consumer prices inflation in the month of December, the first time in more than two and a half years, raised expectations the US Fed will slow down the pace of its interest rate hikes in the coming months.
RTTNews | 756 дней спустя

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