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Pound Eases As U.K. Economy Shrinks More Than Expected

The pound retreated against its major counterparts in European deals on Thursday, as the UK economy contracted more than initially estimated in the third quarter, raising the risk of a recession.
RTTNews | 856 วันที่ผ่านมา
Turkish Central Bank Holds Rates Unchanged, Erdogan Raises Minimum Wage By 55%

Turkish Central Bank Holds Rates Unchanged, Erdogan Raises Minimum Wage By 55%

Turkey's central bank left its key interest rates unchanged on Thursday after lowering them sharply over the past four meetings as President Recep Tayyip Erdogan in Ankara raised the monthly minimum wage by nearly 55 percent to support households reeling under the pressure of rising cost of living and sky-rocketing inflation.
RTTNews | 856 วันที่ผ่านมา
UK Economy Headed For Long Recession? Revised GDP Fall Signals Hard Times Likely

UK Economy Headed For Long Recession? Revised GDP Fall Signals Hard Times Likely

The UK economy contracted more than estimated in the third quarter on downward revisions to industrial and construction output, vindicating the start of a long recession. The quarterly decline in gross domestic product was revised to -0.3 percent from -0.2 percent, revised data from the Office for National Statistics showed on Thursday.
RTTNews | 856 วันที่ผ่านมา
Sensex, Nifty Extend Declines For Third Day

Sensex, Nifty Extend Declines For Third Day

Indian shares fell for a third straight session on Thursday, with COVID-related fears and rising oil prices weighing on sentiment.
RTTNews | 856 วันที่ผ่านมา
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DAX Edges Higher In Holiday-thinned Trade

DAX Edges Higher In Holiday-thinned Trade

German stocks rose on Thursday after overnight data showed U.S. consumer confidence rose to an eight-month high in December on the back of declining inflation expectations and a strong labor market.
RTTNews | 856 วันที่ผ่านมา
Asian Shares Rise On China Growth Optimism

Asian Shares Rise On China Growth Optimism

Asian stocks rose broadly on Thursday after major U.S. indexes closed higher for the second consecutive day overnight.
RTTNews | 856 วันที่ผ่านมา
European Shares Seen Opening Up On China Optimism

European Shares Seen Opening Up On China Optimism

European stocks may open a tad higher on Thursday after Beijing used a series of meetings to underline the country's pivot towards a focus on growth.
RTTNews | 856 วันที่ผ่านมา
European Economics News Preview: UK Revised GDP Data Due

European Economics News Preview: UK Revised GDP Data Due

Quarterly national accounts data from the UK is the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK final GDP data for the third quarter. The preliminary estimates showed that the economy contracted 0.2 percent sequentially, offsetting the 0.2 percent increase a quarter ago.
RTTNews | 856 วันที่ผ่านมา
Sensex, Nifty Give Up Early Gains

Sensex, Nifty Give Up Early Gains

Indian shares were fluctuating in early trade on Thursday despite firm cues from global markets.
RTTNews | 856 วันที่ผ่านมา

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