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Pound Falls Despite Hopes Of U-turn On U.K. Tax Cut Plan

Pound Falls Despite Hopes Of U-turn On U.K. Tax Cut Plan

The pound slipped against its major counterparts in the European session on Friday, despite optimism over the likelihood of U-turn on tax cuts in the mini-budget by the U.K. government amid a turbulence in the markets.
RTTNews | Před 929 dny
CAC 40 Rises Despite Inflation Concerns

CAC 40 Rises Despite Inflation Concerns

French stocks rose notably on Friday even as hotter-than-expected U.S. CPI data fanned worries about aggressive tightening by the Federal Reserve and a possible recession.
RTTNews | Před 929 dny
Asian Shares Rally On Wall Street Rebound

Asian Shares Rally On Wall Street Rebound

Asian stocks posted strong gains on Friday after U.S. stocks staged a remarkable turnaround to close sharply higher overnight despite higher-than-expected inflation numbers.
RTTNews | Před 929 dny
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Singapore Central Bank Tightens Policy Stance

Singapore Central Bank Tightens Policy Stance

Singapore's central bank tightened its monetary policy stance for the fourth time this year after core inflation moved closer to a 14-year high. The Monetary Authority of Singapore on Friday decided to re-centre the mid-point of the S$NEER policy band up to its prevailing level, but the slope and width of the band were left unchanged.
RTTNews | Před 929 dny
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are likely to open higher on Friday, with underlying sentiment likely to be supported by a strong rebound on Wall Street overnight.
RTTNews | Před 929 dny
China Inflation Rises On Food Prices; Factory Gate Inflation Eases

China Inflation Rises On Food Prices; Factory Gate Inflation Eases

China's consumer price inflation accelerated at the fastest pace in more than two years in September on food prices, while producer price inflation eased further, official data showed on Friday. Consumer price inflation accelerated to 2.8 percent in September from 2.5 percent in August, the National Bureau of Statistics said.
RTTNews | Před 929 dny
European Economics Preview: France Final Inflation Data Due

European Economics Preview: France Final Inflation Data Due

Final consumer prices from France and Spain are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for September. Prices had increased 18.9 percent annually in August. At 2.45 am ET, France's statistical office Insee releases final consumer and harmonized prices for September.
RTTNews | Před 929 dny
Asian Markets A Sea Of Green Despite US Inflation Data

Asian Markets A Sea Of Green Despite US Inflation Data

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from global markets overnight, as a sharp increase in the price of crude oil contributed to significant strength. The U.S. dollar also retreated and shed ground against most of its Asian major counterparts. Asian markets ended mostly lower on Thursday.
RTTNews | Před 929 dny

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