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China Sets Modest Growth Target Amid Challenging External Environment

China set a moderate growth target for this year which would require no strong stimulus to achieve given the rebound the economy gained from the relaxation of he Covid pandemic restrictions. Outgoing Premier Li Keqiang announced a growth target of around 5.0 percent in 2023 at the annual legislative session on Sunday as officials turn their focus on other areas like technology and infrastructure
RTTNews | 721 gün önce
Swiss Franc Rises Ahead Of Swiss CPI Data

Swiss Franc Rises Ahead Of Swiss CPI Data

At 2:30 am ET in the late Asian session, the Federal Statistical Office of Switzerland is slated to release its CPI data for February. Economists expects the inflation rate to ease 3.1 percent from 3.3 percent in January.
RTTNews | 721 gün önce
Swiss Franc Steady Ahead Of Swiss CPI Data

Swiss Franc Steady Ahead Of Swiss CPI Data

At 2:30 am ET in the late Asian session, the Federal Statistical Office of Switzerland is slated to release its CPI data for February. Economists expects the inflation rate to ease 3.1 percent from 3.3 percent in January.
RTTNews | 721 gün önce
Yen Strengthens As Traders Remain Cautious

Yen Strengthens As Traders Remain Cautious

The Japanese yen strengthened against the other major currencies in the Asian session on Monday, as traders remain cautious ahead of the Bank of Japan's monetary policy meeting, and Federal Reserve Chairman Jerome Powell's half-yearly testimony due later in the week.
RTTNews | 721 gün önce
European Economic News Preview: Eurozone Retail Sales Data Due

European Economic News Preview: Eurozone Retail Sales Data Due

Retail sales and Sentix investor confidence from the euro area are the top economic news due on Monday. At 2.30 am ET, the Federal Statistical Office releases Swiss consumer prices for February. Economists forecast inflation to slow to 3.1 percent from 3.3 percent in January.
RTTNews | 721 gün önce
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Asian Markets Track Global Markets Higher

Asian Markets Track Global Markets Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from global markets on Friday, amid easing concerns about the outlook for interest rates following recent comments from Federal Reserve officials and the latest economic data. The markets also reflected optimism about the outlook for the global economy following upbeat data from China and Europe.
RTTNews | 721 gün önce
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against the other major currencies in the Asian session on Monday.
RTTNews | 721 gün önce
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is significantly higher on Monday, extending the gains in the previous session, with the Nikkei 225 staying above the 27,400 level, following the broadly positive cues from global markets on Friday, with gains across most sectors, led by financial and technology stocks.
RTTNews | 721 gün önce
Indonesia Bourse Has Firm Lead For Monday's Trade

Indonesia Bourse Has Firm Lead For Monday's Trade

The Indonesia stock market on Friday ended the two-day winning streak in which it had perked almost 15 points or 0.2 percent. The Jakarta Composite Index now sits just beneath the 6,815-point plateau although it's likely to bounce higher again on Monday.
RTTNews | 721 gün önce

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