RTTNews
Hongkong 
01 Feb BirthRTT News is a global business, economy, and political news website based in New Rok.
Hongkong 01 Feb Birth
European Shares Seen Opening Up As Traders Look To Fed Meeting
European stocks may open on a firm note Monday, though overall gains may remain capped somewhat as traders await the outcome of the highly anticipated Federal Reserve's policy meeting scheduled for April 30 to May 1. Along with the Fed's monetary policy announcement, the monthly jobs report and othe
Yen Rebounds Against Majors
The Japanese yen rebounded from recent lows against other major currencies in the Asian session on Monday. The yen rose to a 4-day high of 166.36 against the euro, from a recent 32-year low of 171.59. Against the pound, the Swiss franc and the U.S. dollar, the yen advanced to 194.50, 170.30 and 155.
Swedish Economy Contracts Further
Sweden's economy shrank for the fourth consecutive quarter in the three months ending March, preliminary data from Statistics Sweden showed on Monday. Gross domestic product decreased 0.1 percent sequentially in the first quarter, the same as in the fourth quarter. That was in line with expectations
Dutch Producers Less Pessimistic In April
Confidence among manufacturers in the Netherlands remained less negative in April, data from the Central Bureau of Statistics showed on Monday. The producer sentiment index rose to -3.6 in April from -4.8 in March. Nonetheless, the latest score was below the long-term average of -1.3. Manufacturers
Sensex Surges Over 400 Points; Nifty Tops 22,500
Indian markets opened on a positive note Monday, with shares of private sector banks in focus after strong quarterly results. The benchmark S&P BSE Sensex was up 403 points, or 0.6 percent, at 74,133 in early trade, while the broader NSE Nifty index was up 89 points, or 0.4 percent, at 22,508. O
Overbought Heng Seng Nonetheless Called Higher On Monday
The Hong Kong stock market has moved higher in five straight sessions, gathering almost 1,470 points or 8.7 percent along the way. The Hang Seng Index now sits just above the 17,650-point plateau and it has a strong lead again for Monday's trade. The global forecast for the Asian markets is positive
He liked
Singapore Unemployment Data Due On Monday
Singapore will on Monday release Q1 figures for unemployment, highlighting a light day for Asia-Pacific economic activity. In the three months prior, the jobless rate was 2.0 percent. Thailand is scheduled to release March numbers for imports, exports, trade balance and industrial production. Import
Dollar Rises Against Major Counterparts After Hot Inflation Data
The U.S. dollar gained against its major counterparts on Friday, lifted by data showing a larger than expected increase in the nation's annual rate of consumer price growth. Data from the Commerce Department showed the annual rate of consumer price growth accelerated to 2.7% in March from 2.5% in Fe
U.S. Dollar Higher Following Strong PCE Inflation Data
The U.S. dollar moved up against its major counterparts in the New York session on Friday, as the Federal Reserve's preferred measure of inflation, the personal consumption expenditures price index, exceeded expectations on an annual basis in March. Data from the Commerce Department showed that the
Website
European Stocks Close On Strong Note As Investors Cheer Earnings Updates
European stocks closed on a firm note on Friday with investors cheering a slew of strong earnings updates from U.S. big names Alphabet and Microsoft, and a few European companies, and shrugging of interest rate concerns for now. The pan European Stoxx 600 climbed 1.11%. The U.K.'s FTSE 100 gained 0.
Eurozone Consumers' 12-Month Inflation Expectations Lowest Since Dec 2021 - ECB
Euro area consumers' inflation expectations for the next 12 months hit their lowest since December 2021, results of a monthly survey by the European Central Bank showed Friday. Median expectations for inflation over the next 12 months eased to 3.0 percent from 3.1 percent in February, the ECB Consum
He liked
Spending surges in spite of inflation
Summary Despite real income growth being strong, real spending is stronger, forcing consumers to dip into savings. In the short run, that's problematic as it keeps pressure on inflation, particularly services prices. But the reach is not sustainable indefinitely amid mounting personal interest expen
Pull-up Update
