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Berita Valas
European Central Bank Hikes Interest Rates For First Time Since 2023
The European Central Bank raised its interest rates for the first time in nearly three years in a bid to cushion the impact of rising inflation that is triggered by the surge in energy prices due to the conflict in the Middle East, as the single currency economy struggles to grow. The Governing Council, led by ECB President Christine Lagarde, hiked the deposit rate by 25 basis points to 2.25%.
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91 days ago
U.S. Producer Prices Jump More Than Expected In May
Partly reflecting a continued spike in energy prices, the Labor Department released a report on Thursday showing a bigger than expected increase in U.S. producer prices in the month of May.
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91 days ago
U.S. Weekly Jobless Claims Unexpectedly Rise To 229,000
The Labor Department released a report on Thursday showing an unexpected uptick in first-time claims for U.S. unemployment benefits in the week ended June 6th.
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91 days ago
Commodity Currencies Fall As Crude Oil Prices Drop
The commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the European session on Thursday, as the crude oil prices dropped giving up earlier gains on hopes that U.S.-Iran peace negotiations could resume.
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92 days ago
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the European session on Thursday.
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92 days ago
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the European session on Thursday.
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92 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the European session on Thursday.
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92 days ago
more news
FTSE 100 Moves Higher As Banks, Miners Post Solid Gains
Despite lingering concerns about tensions in the Middle East, the UK stock market moved firmly higher Thursday morning, riding on gains in mining and financial sectors.
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92 days ago
Indian Shares End Choppy Session Modestly Lower
Indian shares ended a choppy session modestly lower on Thursday amid heightened U.S.-Iran tensions and Fed rate hike concerns.
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92 days ago
CAC 40 Climbs Higher Ahead Of ECB Rate Decision
The French stock market's benchmark index CAC 40 climbed higher on Thursday, recovering from previous session's losses, with investors looking ahead to the European Central Bank's policy announcement due later in the day.
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92 days ago
Gold Rebounds From Six-month Low
Gold prices rebounded on Thursday after falling to a six-month low earlier amid heightened U.S.-Iran tensions and Fed rate hike concerns.
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92 days ago
DAX Up Marginally In Cautious Trade
German stocks turned in a mixed performance Thursday morning with investors following news from the Middle East and looking ahead to the European Central Bank's monetary policy announcement, due later in the day.
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92 days ago
Oil Prices Edge Lower In Choppy Trade
Oil prices traded lower on Thursday, giving up earlier gains on hopes that U.S.-Iran peace negotiations could resume.
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92 days ago
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