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Dollar Extends Gains As Aggressive Rate Cut Bets Drop

The U.S. dollar extended gains against most of its major counterparts on Friday amid bets interest rates will stay mostly higher during the upcoming term of Donald Trump as his policies are likely to elevate upside risks to inflation and push rates higher.
RTTNews | 694 hari yang lalu
Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

The Switzerland market closed notably lower on Friday on weak global cues as concerns about global economic growth and geopolitical tensions rendered the mood a bit bearish.
RTTNews | 695 hari yang lalu
European Stocks Close Lower As Markets Assess Rate Moves, Earnings

European Stocks Close Lower As Markets Assess Rate Moves, Earnings

European stocks closed weak on Friday with investors reacting to corporate earnings announcements, and assessing the Bank of England and the Federal Reserve's interest rate decisions. Weak commodity prices, geopolitical tensions, and the likely impact of Donald Trump's protectionist policies on global economy weighed on sentiment.
RTTNews | 695 hari yang lalu
U.S. Dollar Climbs On Trump Optimism

U.S. Dollar Climbs On Trump Optimism

The U.S. dollar strengthened against its major counterparts in the New York session on Friday on hopes that policies under incoming President Donald Trump would spur economic growth and inflation.
RTTNews | 695 hari yang lalu
U.S. Consumer Sentiment Improves More Than Expected In November

U.S. Consumer Sentiment Improves More Than Expected In November

Preliminary data released by the University of Michigan on Friday showed consumer sentiment has improved by more than expected in the month of November. The University of Michigan said its consumer sentiment index climbed to 73.0 in November from 70.5 in October. Economists had expected the index to inch up to 71.0.
RTTNews | 695 hari yang lalu
Bay Street Likely To Open On Negative Note

Bay Street Likely To Open On Negative Note

Lower Canadian and U.S. stock futures, weak commodity prices and European stocks point to a negative start for the Canadian market Friday morning. The focus will be on Canadian employment data.
RTTNews | 695 hari yang lalu
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Pound Falls Following BoE Rate Cut

Pound Falls Following BoE Rate Cut

The British pound weakened against other major currencies in the European session on Friday, after the Bank of England cut interest rates as expected but signaled stickier inflation.
RTTNews | 695 hari yang lalu
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 695 hari yang lalu
Sensex, Nifty End Marginally Lower

Sensex, Nifty End Marginally Lower

Indian shares moved in a narrow range before finishing marginally lower on Friday after a busy week of central bank meetings and Donald Trump's victory in the U.S. presidential election.
RTTNews | 695 hari yang lalu
Richemont H1 Profit Hits On Weak China Demand; Stock Dips

Richemont H1 Profit Hits On Weak China Demand; Stock Dips

Shares of Compagnie Financiere Richemont AG were losing around 4 percent in the morning trading in Switzerland after the Swiss luxury goods group reported Friday sharply lower profit in its first half with wider loss from discontinued operations as well as slightly lower sales. Weak demand in Asia Pacific, mainly China, offset improved performance in all other regions.
RTTNews | 695 hari yang lalu
European Shares Slide As China Approves $838bn Debt Swap

European Shares Slide As China Approves $838bn Debt Swap

European stocks drifted lower on Friday as China's top legislative body - the National People's Congress (NPC) - approved the State Council's proposal to increase local government debt limit by $838 billion after a week-long session.
RTTNews | 695 hari yang lalu

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