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FTSE 100 Climbs As Wage Growth Slows

U.K. stocks advanced on Thursday as data showed U.K. wage growth softened in the three months to May period, raising hopes of interest rate cuts ahead of the Bank of England's rate decision next month.
RTTNews | 103 gün önce
UK Labor Market Cools In May

UK Labor Market Cools In May

UK wage growth softened in the three months to May period suggesting that the labor market cooled further and revived hopes of interest rate cuts. The unemployment rate came in at 4.4 percent in March to May period, unchanged from the preceding three months, the Office for National Statistics said Thursday. The figure matched economists' forecast.
RTTNews | 103 gün önce
Asian Shares Decline On Big Tech Selloff

Asian Shares Decline On Big Tech Selloff

Asian stocks fell broadly on Thursday as tech shares came under heavy selling pressure on signs of worsening trade tensions between the China and the United States.
RTTNews | 103 gün önce
Australian Dollar Recovers After Strong Jobs Data

Australian Dollar Recovers After Strong Jobs Data

The Australian dollar recovered from recent losses against other major currencies in the Asian session on Thursday, after data showed that Australia's employment rose more than expected in June, signaling a possible rate hike by the Reserve Bank of Australia.
RTTNews | 103 gün önce
Australia Jobless Rate Rises Slightly In June

Australia Jobless Rate Rises Slightly In June

Australia's unemployment rate rose slightly despite a sharp increase in employment, data from the Australian Bureau of Statistics showed on Thursday. The jobless rate rose slightly to a seasonally adjusted 4.1 percent in June, while it was expected to remain unchanged at 4.0 percent. Employment increased by 50,200 in June, much bigger than economists' forecast of 20,000.
RTTNews | 103 gün önce
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European Economic News Preview: ECB To Keep Rates On Hold

European Economic News Preview: ECB To Keep Rates On Hold

The monetary policy announcement from the European Central Bank is the top economic event due on Thursday. Markets expect the ECB to keep its key rates on hold today after cutting the rates for the first time in five years in June. The main refinancing rate was lowered by 25 basis points to 4.25 percent.
RTTNews | 103 gün önce
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Thursday, following the mixed cues from global markets overnight, as technology stocks tumbled following a sell-off in U.S. semiconductor stocks amid prospects of tighter trade curbs on Chinese companies by the US administration. There are also concerns that another Trump presidency could disrupt global trade. Asian Markets closed mixed on Wednesday.
RTTNews | 104 gün önce
Sensex, Nifty Seen Opening Flat On Weak Global Cues

Sensex, Nifty Seen Opening Flat On Weak Global Cues

Indian shares are seen opening on a flat note Thursday, tracking weak cues from global markets as investors weigh potential U.S. policy risks in the face of heightened U.S.-China tensions.
RTTNews | 104 gün önce

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