Bank of Japan Governor Kazuo Ueda said the future interest rate decisions will be data-dependent and avoided giving clear idea about the timing of the next rate hike. At each monetary policy meeting, the BoJ will make policy decisions based on its assessment of economic activity and prices with the data and information available at...
The Japanese yen retreated from recent highs against other major currencies in the Asian session on Monday. The yen fell to 163.50 against the euro and 174.62 against the Swiss franc, from a recent near 1-month highs of 162.27 and 173.41, respectively. Against the U.S. dollar, the yen advanced to 155.14 from a recent 6-day...
The Japanese yen retreated from recent highs against other major currencies in the Asian session on Monday, after the Bank of Japan Governor Kazuo Ueda said the future interest rate decisions will be data-dependent and avoided giving clear idea about the timing of the next rate hike. At each monetary policy meeting, the BoJ will...
Asian stocks turned in a mixed performance on Monday due to renewed concerns over Trumps potential tariffs and uncertainty over Feds policy. The dollar rose against the yen in Asian trading and oil eked out modest gains amid signs of escalating tensions between Russia and Ukraine. Gold rose nearly 1 percent after witnessing a sharp...
German stocks were modestly higher in cautious trade on Monday as investors awaited speeches from European Central Bank policymakers including chief Christine Lagarde later in the day for new hints about whether the central bank will cut interest rates again when it meets in December. Upcoming regional inflation data, euro zone November flash PMIs and...
French stocks struggled for direction on Monday as investors awaited speeches from ECB policymakers including chief Christine Lagarde later in the day for interest rate guidance. Lingering concerns over potential impacts from U.S. President-elect Donald Trumps global economic policies also served to keep underlying sentiment cautious. The benchmark CAC 40 was marginally lower at 7,269...
U.K. stocks were steady on Monday amid a quiet day on the economic front. The benchmark FTSE 100 was marginally higher at 8,071 after closing 0.1 percent lower on Friday. Melrose Industries, the owner of aerospace parts maker GKN Aerospace, jumped 9 percent after reporting a 7 percent rise in revenue for the four-month period...
European stocks struggled for direction on Monday as investors awaited speeches from ECB policymakers including chief Christine Lagarde later in the day for interest rate guidance. Lingering concerns over potential impacts from U.S. President-elect Donald Trumps global economic policies also served to keep underlying sentiment cautious. The pan European STOXX 600 was down 0.3 percent...
The Thai economy grew at the fastest pace in two years in the third quarter on strong investment, exports and government spending, data from the Office of the National Economic and Social Development Council showed Monday. Gross domestic product climbed 3.0 percent on a yearly basis after rising by revised 2.2 percent in the second...
Nvidia Corp.s new Blackwell AI chips are facing overheating issues that could delay new data centres, The Information reported citing customers, suppliers and employees working on the issue. In pre-market activity on the Nasdaq, the shares were losing around 2.5 percent to trade at $138.47. The news comes as the worlds most valuable company by...