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German Business Confidence Fall For Third Straight Month

Germany's business confidence weakened for the third straight month in August to the lowest since mid-2020, signaling possibility of a recession, survey results from the ifo Institute showed Thursday. The business climate index fell slightly to 88.5 points in August from 88.7 points in July. This was the lowest score since June 2020 but well above economists' forecast of 86.8.
RTTNews | 868 วันที่ผ่านมา
European Shares Inch Higher On German Data

European Shares Inch Higher On German Data

European stocks edged higher on Thursday after German GDP data for second quarter came in better than expected, lifted by household and government spending.
RTTNews | 869 วันที่ผ่านมา
German Economy Expands In Q2

German Economy Expands In Q2

Underpinned by household and government spending, the German economy expanded in the second quarter, beating the initial estimates, data released by Destatis showed on Thursday. Gross domestic product grew 0.1 percent sequentially, in contrast to the flat growth estimated on July 29. This was followed by the 0.8 percent expansion in the first quarter.
RTTNews | 869 วันที่ผ่านมา
FTSE 100 Gains As Energy Stocks Surge

FTSE 100 Gains As Energy Stocks Surge

U.K. stocks advanced on Thursday as climbing crude prices lifted energy stocks. BP Plc jumped 2.2 percent and Shell added 1.7 percent as oil prices rose for the third day on mounting supply tightness concerns.
RTTNews | 869 วันที่ผ่านมา
CAC 40 Gains Ahead Of ECB Minutes

CAC 40 Gains Ahead Of ECB Minutes

French stocks were moving higher on Thursday ahead of minutes from the European Central Bank's last policy meeting due later in the day.
RTTNews | 869 วันที่ผ่านมา
DAX Rises On Solid GDP Data

DAX Rises On Solid GDP Data

German stocks advanced on Thursday after GDP data for second quarter came in better than expected, lifted by household and government spending.
RTTNews | 869 วันที่ผ่านมา
Asian Shares Rise Ahead Of Powel's Jackson Hole Speech

Asian Shares Rise Ahead Of Powel's Jackson Hole Speech

Asian stocks advanced on Thursday as investors looked forward to Fed Chair Jerome Powell's speech on Friday at the central banking conference in Jackson Hole for further cues on the monetary policy outlook.
RTTNews | 869 วันที่ผ่านมา
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Bank Of Korea Lifts Key Rate By 25 Bps

Bank Of Korea Lifts Key Rate By 25 Bps

The Bank of Korea opted for a smaller rate hike on Thursday, after delivering a record half percentage points increase last month, as downside risks to growth escalates amid high inflation. The Monetary Policy Board of the Bank of Korea decided to hike the Base Rate by 25 basis points to 2.50 percent from 2.25 percent.
RTTNews | 869 วันที่ผ่านมา
European Shares May Open On Firm Note As Investors Eye ECB Minutes

European Shares May Open On Firm Note As Investors Eye ECB Minutes

European stocks are seen opening on a steady note Thursday as investors await the minutes of the ECB's last policy meeting later in the day and a key speech by Federal Reserve Chair Jerome Powell on Friday for clues about the monetary policy outlook.
RTTNews | 869 วันที่ผ่านมา
European Economics Preview: Germany Business Confidence, GDP Data Due

European Economics Preview: Germany Business Confidence, GDP Data Due

Business confidence survey results and detailed quarterly national accounts from Germany are the major economic reports due on Thursday. At 2.00 am ET, Destatis is slated to publish Germany's GDP data for the second quarter. According to flash estimate, the largest euro area economy had stagnated after expanding 0.8 percent in the first quarter.
RTTNews | 869 วันที่ผ่านมา
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders indulged in picking up stocks at a bargain after stocks in the region mostly fell for an eighth straight session. China's pledge of more steps to shore up its economy is also aiding market sentiment. Asian Markets closed mostly lower on Wednesday.
RTTNews | 869 วันที่ผ่านมา

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