Forex News

Eurozone Credit Growth Slowdown Suggests Rate Hike Impact

Eurozone Credit Growth Slowdown Suggests Rate Hike Impact

Eurozone M3 money supply growth eased more than expected in December and credit to the private sector grew at a slower rate, the European Central Bank said on Friday, suggesting that the interest rate hikes are starting to take effect on the real economy.
RTTNews | 823 days ago
Autoliv Q4 Profit Rises, Tops Estimates

Autoliv Q4 Profit Rises, Tops Estimates

Swedish automotive safety supplier Autoliv, Inc. (ALV) reported Friday that net income for the fourth quarter increased to $156 million or $1.80 per share from $115 million or $1.31 per share in the prior-year quarter.
RTTNews | 823 days ago
Major European Markets Up Slightly In Cautious Trade

Major European Markets Up Slightly In Cautious Trade

European stocks are slightly higher in cautious trade on Friday, with investors reacting to quarterly earnings updates and looking ahead to interest rate decisions from the Federal Reserve, the Bank of England and the European Central Bank, due next week.
RTTNews | 823 days ago
CAC-40 Rises In Cautious Trade

CAC-40 Rises In Cautious Trade

The CAC-40 gained from Thursday's levels as markets weighed the recent earnings updates and economic data release.
RTTNews | 823 days ago
DAX Rises As Growth Euphoria Dims Rate Hike Fears

DAX Rises As Growth Euphoria Dims Rate Hike Fears

The DAX benchmark of the Frankfurt bourse moved higher on Friday, as euphoria surrounding the more than expected growth in the U.S. eclipsed anxiety ahead of the interest rate decisions by the European Central Bank, Federal Reserve and the Bank of England.
RTTNews | 823 days ago
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Asian Stocks Extend Gains

Asian Stocks Extend Gains

Asian markets gained further on Friday as risk-on sentiment was boosted following better-than-expected GDP data from the U.S. on Thursday.
RTTNews | 823 days ago
FDA Advisors Propose To Replace Primary COVID Shots With New Bivalent Shots

FDA Advisors Propose To Replace Primary COVID Shots With New Bivalent Shots

The Food and Drug Administration's independent advisory committee unanimously recommended replacing the current original COVID vaccines used in the U.S. for primary shots with new bivalent omicron shots authorized as boosters, reports said. The committee also considered the proposal for annual COVID vaccination, however, didn't vote on it.
RTTNews | 823 days ago
New Zealand Business Confidence Improves Strongly To -52.0, Outlook Still Gloomy

New Zealand Business Confidence Improves Strongly To -52.0, Outlook Still Gloomy

Business sentiment in New Zealand improved strongly at the start of the year from a record low in December, as the shock of November's interest rate hike and recession worries eased in the economy, though the mood remained gloomy about the outlook amid intense inflationary pressures and the prospect of more policy tightening by the central bank, survey results from ANZ showed on Friday.
RTTNews | 824 days ago
European Markets Seen Extending Gains

European Markets Seen Extending Gains

Markets in Europe are expected to open on a firm note on Friday and add to Thursday's gains as markets weigh the latest growth data from the U.S. as well as the health of the corporate sector.
RTTNews | 824 days ago

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