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Euro Higher As ECB Meeting In Focus

The euro strengthened against its major rivals in the European session on Monday, ahead of the European Central Bank's monetary policy announcement due later this week that is expected to deliver a 50 basis point increase in key rates.
RTTNews | 871 дней спустя
German Residential Construction Outlook Bleak, Ifo Survey Finds

German Residential Construction Outlook Bleak, Ifo Survey Finds

Germany's residential construction sector outlook remained bleak amid rising cancellations and record low business expectations as high inflation, rising interest rates and less subsidies damp activity, results of a survey by the ifo institute showed Monday.
RTTNews | 871 дней спустя
UK GDP Growth Masks Recession Ahead Of BoE Rate Hike

UK GDP Growth Masks Recession Ahead Of BoE Rate Hike

The UK economy rebounded at a faster-than-expected pace in October with a strong contribution from the services activity, though economists and observers said the monthly figures mask the underlying recession. Later this week, the Bank of England is widely expected to shift the gear down on interest rate hikes.
RTTNews | 871 дней спустя
Will U.S. CPI Weaken Fed's Resolve To Slow Rate Hikes?

Will U.S. CPI Weaken Fed's Resolve To Slow Rate Hikes?

Ever since the Fed Chair Jerome Powell announced on November 30, a commitment to moderate interest rate increases, markets have been jolted by a series of data releases that threatened to jeopardize the Fed's intentions. Will the U.S. CPI data due on Tuesday be the next to weaken the Fed's resolve?
RTTNews | 871 дней спустя
European Shares Retreat On China Concerns

European Shares Retreat On China Concerns

European stocks fell in cautious trade on Monday, as investors avoided making big bets ahead of key U.S. inflation data as well as a trio of central bank meetings due this week.
RTTNews | 871 дней спустя
FTSE 100 Dips On China Concerns

FTSE 100 Dips On China Concerns

U.K. stocks fell on Monday as investors weighed positive GDP data against worries that rising COVID cases in China might disrupt consumption and manufacturing.
RTTNews | 871 дней спустя
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CAC 40 Slips Into Red On China COVID Concerns

CAC 40 Slips Into Red On China COVID Concerns

French stocks fell in cautious trade on Monday, as investors avoided making big bets ahead of key U.S. inflation data as well as a trio of central bank meetings due this week.
RTTNews | 871 дней спустя
DAX Dips As Investors Look To Central Bank Meetings

DAX Dips As Investors Look To Central Bank Meetings

German stocks fell notably on Monday as investors awaited key U.S. consumer inflation data as well as the outcome of the last U.S. Federal Reserve meeting of 2022 this week for additional clues on the pace of rate rises.
RTTNews | 871 дней спустя
Asian Shares Decline On Fed, China COVID Worries

Asian Shares Decline On Fed, China COVID Worries

Asian stocks declined on Monday as data on U.S. producer prices sent mixed signals on inflation and China faced a surge in virus 19 cases after partially easing aspects of its so-called zero-COVID policy.
RTTNews | 871 дней спустя
European Economic News Preview: UK GDP & Foreign Trade Data Due

European Economic News Preview: UK GDP & Foreign Trade Data Due

GDP monthly estimates and foreign trade figures are the top economic news due on Monday, headlining a light day for the European economic news. At 1.00 am ET, Finland's current account data is due for October. At 2.00 am ET, the Office for National Statistics publishes UK monthly GDP, industrial production and foreign trade data. The economy is forecast to grow 0.4 percent on a monthly basis.
RTTNews | 871 дней спустя
Sensex, Nifty Open Lower On Weak Global Cues

Sensex, Nifty Open Lower On Weak Global Cues

Indian shares opened lower on Monday amid weak global cues and ahead of industrial production and retail inflation readings due later in the day.
RTTNews | 871 дней спустя

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