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Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian stocks are likely to open slightly higher Thursday morning, as materials stocks may move up on firm metal prices. Oracle's lower than expected quarterly revenue and lower than expected forecasts may weigh on technology stocks.
RTTNews | 277 days ago
Turkey Slashes Interest Rate By 150 Bps

Turkey Slashes Interest Rate By 150 Bps

Turkey's central bank slashed its benchmark rate at a sharper-than-expected pace on Thursday as demand conditions continue to support the disinflation process. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, headed by Yasar Fatih Karahan, decided to cut the policy rate by 150 basis points to 38.00 percent. Markets anticipated only 100 basis point reduction.
RTTNews | 277 days ago
Major European Markets Slightly Higher In Cautious Trade

Major European Markets Slightly Higher In Cautious Trade

The major European markets moved slightly higher after a cautious start on Thursday as investors digested the Federal Reserve's interest rate decision and Fed Chair Jerome Powell's comments post the monetary policy meeting.
RTTNews | 277 days ago
FTSE 100 Edges Higher; Magnum Ice Cream Rises Again

FTSE 100 Edges Higher; Magnum Ice Cream Rises Again

U.K. stocks turned in a mixed performance Thursday morning, with investors digesting the Federal Reserve's interest rate decision and Fed Chair Jerome Powell's post meet remarks, and reacting to Oracle's results.
RTTNews | 277 days ago
Swiss Franc Rises After SNB Rate Decision

Swiss Franc Rises After SNB Rate Decision

The Swiss franc strengthened against other major currencies in the European session on Thursday, after the Swiss National Bank left its interest rate unchanged for the second straight meeting amid weaker inflation outlooks.
RTTNews | 277 days ago
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DAX Recovers After Weak Start, Up Marginally

DAX Recovers After Weak Start, Up Marginally

After opening notably lower Thursday morning, the German stock market recovered lost ground and was last seen up marginally in positive territory, with investors digesting the Federal Reserve's interest rate decision and the accompanying statement.
RTTNews | 277 days ago
Weak Sentiment In Asian Markets After Fed's Rate Cut

Weak Sentiment In Asian Markets After Fed's Rate Cut

Asian markets witnessed weak sentiment in Thursday's trading as markets digested the Fed's widely expected rate cut, the forward guidance for 2026 and beyond, as well as the extent of dissent in the FOMC decision.
RTTNews | 277 days ago
Swiss Central Bank Keeps Rate Unchanged For Second Time

Swiss Central Bank Keeps Rate Unchanged For Second Time

The Swiss National Bank left its interest rate unchanged for the second straight meeting on Thursday and downgraded its inflation outlook. The SNB maintained its policy rate at zero percent, in line with expectations. The central bank had reduced the key rate by 175 basis points since March 2024. The bank exited its negative rate in 2022 after holding it for over seven years.
RTTNews | 277 days ago

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