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European Economic News Preview: ECB, BoE Monetary Policy Announcements Due

Monetary policy announcements from the European Central Bank and the Bank of England are the major events due on Thursday, headlining a busy day for the European economic news. Both the euro area and UK central banks are set to hike the benchmark rates by 50 basis points, bigger than the US Federal Reserve's quarter point hike on Wednesday.
RTTNews | Pred 820 dňami
Hong Kong Central Bank Raises Base Rate By 25 Bps

Hong Kong Central Bank Raises Base Rate By 25 Bps

The Hong Kong Monetary Authority tightened its monetary policy on Thursday, in tandem with the decision of the US Federal Reserve. The HKMA adjusted the Base Rate upwards to 5.00 percent from 4.75 percent with immediate effect. The Federal Reserve had raised the target range for the federal funds rate by 25 basis points to 4.50 to 4.75 percent on Wednesday.
RTTNews | Pred 820 dňami
European Shares Seen Up On Dovish Fed

European Shares Seen Up On Dovish Fed

European stocks are poised to open higher on Thursday, as investors react to dovish comments from Fed Chair Jerome Powell and shift focus to the ECB and BoE meetings due later in the day.
RTTNews | Pred 820 dňami
FSIS Warns Against RTE Meat Snack Products With Recalled Wafers

FSIS Warns Against RTE Meat Snack Products With Recalled Wafers

The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert for ready-to-eat or RTE meat snack products. These products contain Food and Drug Administration regulated chocolate wafers that have been recalled due to an undeclared allergen, specifically peanut residue.
RTTNews | Pred 820 dňami
Asian Markets Mostly Higher On Fed Rate Decision

Asian Markets Mostly Higher On Fed Rate Decision

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders reacted positively to the US Fed's decision not to raise its benchmark lending rate more than widely expected. The central bank raised its interest rates by another quarter point and signaled further rate hikes. Asian Markets closed mostly higher on Wednesday.
RTTNews | Pred 820 dňami
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Additional Support Anticipated For Thai Stock Market

Additional Support Anticipated For Thai Stock Market

The Thai stock market on Wednesday ended the two-day slide in which it had fallen almost 10 points or 0.6 percent. The Stock Exchange of Thailand now rests just above the 1,685-point plateau and it's tipped to open in the green again on Thursday.
RTTNews | Pred 820 dňami
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is modestly higher in choppy trading on Thursday, extending the gains in the previous session, with the Nikkei 225 moving above the 27,400 level, following the mostly positive cues from Wall Street overnight, with gains among market heavyweights and technology stocks. Traders also reacted positively to the US Fed's monetary policy announcement.
RTTNews | Pred 820 dňami
Higher Open Predicted For Indonesia Stock Market

Higher Open Predicted For Indonesia Stock Market

The Indonesia stock market on Wednesday snapped the two-day losing streak in which it had dropped almost 60 points or 0.9 percent. The Jakarta Composite Index now rests just above the 6,860-point plateau and it's expected to find additional support on Thursday.
RTTNews | Pred 820 dňami
Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is significantly higher on Thursday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,500 level to a nine-month highs, following the broadly positive cues from Wall Street overnight, with strong gains in gold mining and technology stocks partially offset by weakness in iron ore mining and energy stocks.
RTTNews | Pred 820 dňami
Hong Kong Stock Market Tipped To Open In The Green

Hong Kong Stock Market Tipped To Open In The Green

The Hong Kong stock market on Wednesday snapped the two-day losing streak in which it had tumbled more than 840 points or 4 percent. The Hang Seng Index now sits just above the 22,070-point plateau and it's expected to open higher again on Thursday.
RTTNews | Pred 820 dňami
China Stock Market May Crack 3,300-Point Barrier

China Stock Market May Crack 3,300-Point Barrier

The China stock market rebounded on Wednesday, one session after halting the four-day winning streak in which it had collected more than 65 points or 2.1 percent. The Shanghai Composite Index now rests just beneath the 3,285-point plateau and it's got a solid lead for Thursday's trade.
RTTNews | Pred 820 dňami

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