Forex News

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 | 928 days ago
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 | 928 days ago
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 | 929 days ago
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 | 929 days ago
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 | 929 days ago
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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 | 929 days ago
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 | 929 days ago
Japanese Market Rally Higher; Up 3%

Japanese Market Rally Higher; Up 3%

The Japanese stock market is sharply higher on Friday, snapping a four-session losing streak, with the benchmark Nikkei 225 surging more than 800 points to break above the 27,000 mark, following the broadly positive cues from global markets overnight, with sharp gains across most sectors, led by exporters and technology stocks, despite US inflation data coming in hotter than expected in September.
RTTNews | 929 days ago
Australian Market Sharply Higher

Australian Market Sharply Higher

The Australian stock market is sharply higher on Friday, recouping the slight losses in the previous session, with the benchmark S&P/ASX 200 moving above the 6,700 level, following the broadly positive cues from global markets overnight, with strong gains in energy and iron ore miner stocks amid a spike in crude oil and metal prices. Financial stocks are also gaining.
RTTNews | 929 days ago

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