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Swiss Central Bank Cuts Policy Rate By 50 Bps
Amid easing inflationary pressures, the Swiss National Bank reduced its benchmark rate by a sharper-than-expected 50 basis points to curb the strength of the Swiss franc. At the first policy meeting of Martin Schlegel as chairman, the policy rate was lowered to 0.50 percent from 1.00 percent. The new rate takes effect on December 13.
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659 hari yang lalu
European Shares Mixed Ahead Of ECB Rate Decision
European stocks were mixed on Thursday ahead of a European Central Bank (ECB) rate decision later in the day.
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659 hari yang lalu
FTSE 100 Inches Higher Led By Commodity Stocks
U.K. stocks traded higher on Thursday, with commodity-related stocks leading the surge on optimism around more stimulus measures from Beijing.
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659 hari yang lalu
Swiss Franc Falls Against Majors
The Swiss franc weakened against other major currencies in the European session on Thursday.
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659 hari yang lalu
CAC 40 Gains As Macron Prepares To Appoint New PM
French stocks eked out modest gains on Thursday as investors wait for President Emmanuel Macron to appoint a new prime minister.
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DAX Edges Higher As Swiss National Bank Announces Big Rate Cut
German stocks edged up slightly on Thursday as the Swiss National Bank cut its interest rate by 50 basis points, its biggest reduction in almost 10 years amid an ongoing tussle with depressed inflation and a strong Swiss franc.
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659 hari yang lalu
Asian Shares Mixed As Traders Await China Policy Meeting Outcome
Asian stocks ended mixed on Thursday despite a benign inflation report cementing expectations that the Federal Reserve will keep cutting interest rates.
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659 hari yang lalu
Berita lainnya
European Economic News Preview: ECB To Lower Rates Again
The monetary policy announcements from the European Central Bank and the Swiss National Bank are the top events due on Thursday. The ECB is widely expected to cut its benchmark rates by 25 basis points for the third consecutive meeting, citing weaker economic growth and moderating inflation.
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659 hari yang lalu
Australian Dollar Rises On Upbeat Aussie Jobs Data
The Australian dollar strengthened against other major currencies in the Asian session on Thursday, after the release of nation's upbeat domestic jobs data that dimed hopes for an early interest rate cut in 2025.
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659 hari yang lalu
NZ Dollar Advances Against Most Majors
The New Zealand strengthened against most major currencies in the Asian session on Thursday.
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659 hari yang lalu
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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659 hari yang lalu
European Shares Poised For Mixed Open Ahead Of ECB Rate Decision
European stocks are seen opening on a mixed note Thursday as investors await interest-rate decisions from the Swiss National Bank and the European Central Bank.
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659 hari yang lalu
Sensex, Nifty Struggle For Direction Ahead Of Macro Data; IT Stocks Surge
Indian shares struggled for direction on Thursday ahead of domestic CPI inflation and industrial output figures due out later in the day.
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659 hari yang lalu
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