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Pound Climbs After BoE Decision

Pound Climbs After BoE Decision

As expected, the Bank of England raised the benchmark interest rate by 25 basis points to 4.50 percent. Following the decision, the pound advanced against its major counterparts.
RTTNews | 1225 days ago
Pound Steady Ahead Of BoE Decision

Pound Steady Ahead Of BoE Decision

The monetary policy decision from the Bank of England is due at 7.00 am ET Thursday. The BoE is set to raise the benchmark interest rate by 25 basis points to 4.50 percent.
RTTNews | 1225 days ago
ThyssenKrupp Stock Down On Q2 Loss, Weak Orders And Outlook

ThyssenKrupp Stock Down On Q2 Loss, Weak Orders And Outlook

Shares of ThyssenKrupp AG were losing around 2 percent in the morning trading in Germany after the industrial engineering and steel company reported Thursday a loss in its second quarter, compared to profit year's profit, amid weak sales and orders. Looking ahead for fiscal 2023, the company continues to project lower earnings in a challenging environment with persistently high energy prices...
RTTNews | 1225 days ago
Sensex, Nifty End Choppy Session Marginally Lower

Sensex, Nifty End Choppy Session Marginally Lower

Indian shares fluctuated before ending marginally lower on Thursday as downbeat earnings updates from prominent companies offset signs of slowing inflationary pressures in the United States.
RTTNews | 1225 days ago
Yen Falls As European Stocks Climb On Fed Rate Pause Hopes

Yen Falls As European Stocks Climb On Fed Rate Pause Hopes

The Japanese yen was lower against its most major counterparts in the European session on Thursday, as lower-than-anticipated U.S. inflation data strengthened the possibility of a pause in rate hikes by the Federal Reserve.
RTTNews | 1225 days ago
European Shares Gain Ahead Of BOE Rate Decision

European Shares Gain Ahead Of BOE Rate Decision

European stocks were seeing modest gains on Thursday as investors reacted to U.S. and Chinese inflation data and awaited the Bank of England's interest-rate decision later in the day.
RTTNews | 1225 days ago
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FTSE 100 Modestly Higher Ahead Of BOE Rate Decision

FTSE 100 Modestly Higher Ahead Of BOE Rate Decision

U.K. stocks eked out modest gains in cautious trade on Thursday as investors digested the latest inflation figures from the U.S. and awaited the Bank of England's interest-rate decision.
RTTNews | 1225 days ago
CAC 40 Gains After US Inflation Data

CAC 40 Gains After US Inflation Data

French stocks traded higher on Thursday as softer-than-expected U.S. inflation data raised optimism over the Federal Reserve cutting interest rates later this year.
RTTNews | 1225 days ago
Philippine Economic Growth Moderates In Q1

Philippine Economic Growth Moderates In Q1

The Philippine economy expanded at a slower pace in the first quarter but remained strong on investment and household spending. Gross domestic product registered a slower growth of 6.4 percent after rising 7.1 percent in the fourth quarter of 2022, the Philippine Statistics Authority said Thursday.
RTTNews | 1225 days ago
Asian Shares Slip As China Deflation Deepens

Asian Shares Slip As China Deflation Deepens

Asian stocks ended Thursday's session mostly lower as investors reacted to a mixed bag of corporate earnings from Japan and signs of growing deflationary pressures in China.
RTTNews | 1225 days ago
U.S. Dollar Rises Against Majors

U.S. Dollar Rises Against Majors

The U.S. dollar strengthened against other major currencies in the early European session on Thursday.
RTTNews | 1225 days ago

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