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Euro Weakens As Putin Mobilizes Russian Troops For Invasion Of Ukraine

The euro lost ground against its key counterparts on Wednesday, as President Vladimir Putin ordered to partially mobilise troops in Russia and warned that if West continued its "nuclear blackmail" Moscow would respond with all available means" to defend its territory.
RTTNews | vor 952 Tagen
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DAX Edges Lower Ahead Of Fed Move

DAX Edges Lower Ahead Of Fed Move

German stocks edged lower on Wednesday as investors monitored increased geopolitical tensions with Russia and braced for another hefty interest rate hike by the U.S. Federal Reserve.
RTTNews | vor 953 Tagen
Australian Dollar Drops Before Fed Decision

Australian Dollar Drops Before Fed Decision

The Australian dollar fell against its most major counterparts in the Asian session on Wednesday, as investors awaited the Federal Reserve's policy meeting where a hefty rate hike is certain.
RTTNews | vor 953 Tagen
UK Budget Deficit Exceeds Estimate In August

UK Budget Deficit Exceeds Estimate In August

The UK budget deficit exceeded the official estimate in August, despite a notable increase in tax revenue, as high inflation raised the debt servicing costs, data published by the Office for National Statistics revealed Wednesday. Public sector net borrowing excluding public sector banks declined to GBP 11.8 billion from GBP 14.4 billion last year.
RTTNews | vor 953 Tagen
European Shares Poised For Cautious Start Ahead Of Fed Decision

European Shares Poised For Cautious Start Ahead Of Fed Decision

European stocks are seen opening on a cautious note Wednesday as investors await the Fed's interest-rate decision, the accompanying statement and Chair Jerome Powell's press conference later in the day for clues as to whether the central bank remains primarily focused on inflation.
RTTNews | vor 953 Tagen
European Economics Preview: UK Public Sector Finance Data Due

European Economics Preview: UK Public Sector Finance Data Due

Public sector finance data from the UK is due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is slated to issue UK public sector finance data for August. The budget deficit is seen at GBP 8.2 billion versus GBP 4.18 billion in July.
RTTNews | vor 953 Tagen

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