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Pound Falls Amid BoE Rate Cut Speculation

The British pound weakened against other major currencies in the European session on Monday, as traders speculate the Bank of England is likely to cut its interest rates at the monetary policy meeting later in the week.
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Sensex, Nifty End Choppy Session Little Changed

Sensex, Nifty End Choppy Session Little Changed

Indian shares ended a choppy session little changed on Monday as signs of escalating tensions in the Middle East offset hopes for more interest rate cuts from the Federal Reserve this year.
RTTNews | 805 hari yang lalu
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Monday.
RTTNews | 805 hari yang lalu
UK Mortgage Approvals Remain Broadly Stable

UK Mortgage Approvals Remain Broadly Stable

UK mortgage approvals remained almost stable in June despite a rise in the mortgage rate, reflecting the strength in the housing market. Net mortgage approvals for house purchases, an indicator of future borrowing, totalled 59,976 in June compared to 60,134 in May, the Bank of England said Monday. The figure was almost in line with the forecast of 60,000.
RTTNews | 805 hari yang lalu
European Shares Mixed Amid Middle East Tensions

European Shares Mixed Amid Middle East Tensions

European stocks were mixed on Monday as signs of escalating tensions in the Middle East offset hopes for more interest rate cuts from the Federal Reserve this year.
RTTNews | 805 hari yang lalu
CAC 40 Slips Into Red Ahead Of Big Tech Earnings

CAC 40 Slips Into Red Ahead Of Big Tech Earnings

French stocks were moving lower on Monday as investors awaited the release of mega-cap U.S. tech earnings and central bank policy meetings in the United States, Japan and U.K. this week for directional cues.
RTTNews | 805 hari yang lalu
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Philips Q2 Profit Surges, Confirms FY24 View; Stock Climbs

Philips Q2 Profit Surges, Confirms FY24 View; Stock Climbs

Shares of Royal Philips NV were gaining around 11 percent in the morning trading in Amsterdam as well as in the pre-market activity on the NYSE after the Dutch consumer electronics giant reported Monday significantly higher profit in its second quarter benefited by insurance income related to the Respironics product liability claims, despite flat sales. Further, the company maintained outlook...
RTTNews | 805 hari yang lalu
DAX Holds Steady In Lackluster Trade

DAX Holds Steady In Lackluster Trade

German stocks held largely steady on Monday ahead of a busy week of corporate earnings and central bank policy meetings.
RTTNews | 805 hari yang lalu
Asian Shares Gain As US Inflation Cools

Asian Shares Gain As US Inflation Cools

Asian stocks advanced on Monday, tracking a broad rally on Wall Street Friday as soft inflation data bolstered hopes of more interest rate cuts his year.
RTTNews | 805 hari yang lalu
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Monday.
RTTNews | 805 hari yang lalu
European Economic News Preview: UK Mortgage Approvals Data Due

European Economic News Preview: UK Mortgage Approvals Data Due

Mortgage approvals data from the UK is the only major economic report due on Monday. At 2.00 am ET, Statistics Sweden is scheduled to issue flash GDP and retail sales data. At 4.00 AM ET, S&P Global publishes Austria manufacturing Purchasing Manages' survey results.
RTTNews | 805 hari yang lalu

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