Thursday saw gains in the majority of Chinese technology equities, with Tencent shares rising substantially after the internet giant reported stronger-than-expected annual results. Less aggressive signals from the Federal Reserve also helped to boost mood. Tencent Holdings Ltd. gained more than 6% to HK$368.40 per share and was poised for …

Oil prices fell on Thursday, following three sessions of gains, after Federal Reserve Chairman Jerome Powell renewed his commitment to curbing inflation, including possibly raising interest rates again. And by 0009 GMT, Brent crude futures fell 80 cents, or 1 percent, to $ 75.89 a barrel, and West Texas Intermediate …

On Thursday, March 23, at 08:30 GMT, the Swiss National Bank (SNB) is scheduled to declare its Monetary Policy Decision. As the release time draws near, below are the predictions made by the economists and researchers of 5 major banks on the impending central bank’s Interest Rate Decision. Notwithstanding the …

Prior to the completion of the Federal Reserve’s policy meeting, when investors will be seeking for any indication of what could happen with interest rates given the upheaval in the banking sector, the dollar lingered at five-week lows on Wednesday. The most likely conclusion, according to the markets, is a …

A gauge of British manufacturers’ inflation expectations fell to its lowest in two years after output slid again in the three months to March, the Confederation of British Industry’s (CBI)said on Wednesday. The CBI’s gauge of expected selling prices fell to +25 in March, the lowest since March 2021 and …

Russian Deputy Prime Minister and Energy Minister Alexander Novak said, during press statements, today, Tuesday, that his country will continue to reduce crude oil production by about 500,000 barrels per day until the end of next June. The Russian minister added that his country is close to achieving its targets …

British house prices rose by 6.3% in January from the same month in 2022, the Office for National Statistics (ONS) said on Wednesday. The rise was smaller than December’s downwardly revised 9.3% increase. London saw the weakest annual price rise of all English regions, with prices in the capital up …

A two-day recovery in European stocks stalled on Wednesday as investors awaited the outcome of the Federal Reserve’s monetary policy meeting after signs of problems in the banking sector raised hopes that the bank would follow a moderate approach in raising interest rates. And by 0811 GMT, the European Stoxx …

British inflation unexpectedly rose to 10.4% in February, pushed up by higher food prices and pricier drinks in pubs and restaurants, official data showed on Wednesday, a day before the Bank of England announces its latest interest rate decision. Economists polled by Reuters had forecast that the annual CPI rate …

Gold prices moved in a narrow range on Wednesday, with some investors reluctant to trade pending the Federal Reserve’s decision on interest rates and a clearer picture regarding the future of monetary policy. Gold settled in spot transactions at $ 1940.11 an ounce by 0540 GMT, after falling 2 percent …