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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as the rate cut announcements by the European Central Bank and the Bank of Canada raised expectations of an interest rate cut by the US Fed in September, which could stimulate economic activity. The ECB has cut interest rate for the first time since September 2019.
RTTNews | Před 153 dny
Sensex, Nifty Likely To Open Higher Ahead Of RBI Rate Decision

Sensex, Nifty Likely To Open Higher Ahead Of RBI Rate Decision

Indian shares look set to open on a positive note Friday as investors cheer interest rate cuts from the European Central Bank and Bank of Canada and look ahead to the Reserve Bank of India's monetary policy announcement later today for directional cues. India's apex bank is widely expected to hold the repo rate unchanged at 6.5 percent.
RTTNews | Před 154 dny
Japanese Market Modestly Lower

Japanese Market Modestly Lower

Reversing the gains in the previous session, the Japanese stock market is modestly lower in choppy trading on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is falling to near the 38,600 level, with weakness across most sectors led by index heavyweights and exporter stocks.
RTTNews | Před 154 dny
Australian Market Notably Higher

Australian Market Notably Higher

Extending the gains in the previous two sessions, the Australian stock market is modestly higher on Friday, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 7,800 level, with gains across most sectors led by mining and energy stocks amid a spike in commodity prices.
RTTNews | Před 154 dny
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Japan Household Spending Data Due On Friday

Japan Household Spending Data Due On Friday

Japan will on Friday release April figures for household spending, highlighting a light day for Asia-Pacific economic activity. Spending is tipped to rise 0.2 percent on month and 0.6 percent on year after rising 1.2 percent on month and falling 1.2 percent on year in March.
RTTNews | Před 154 dny
Materials, Energy Stocks Lift TSX

Materials, Energy Stocks Lift TSX

After moving in a narrow range in somewhat lackluster trades, the Canadian market ended modestly higher on Thursday, thanks to strong gains in materials and energy sectors.
RTTNews | Před 154 dny
Dollar Loses Ground Against Major Counterparts Ahead Of Jobs Data

Dollar Loses Ground Against Major Counterparts Ahead Of Jobs Data

The U.S. dollar stayed largely subdued on Thursday with traders digesting the European Central Bank's rate cut decision, and awaiting the crucial U.S. jobs data that could provide some clues about the likely timing of an interest rate cut by the Federal Reserve.
RTTNews | Před 154 dny
Swiss Market Ends On Bright Note

Swiss Market Ends On Bright Note

The Switzerland market ended on a bright note on Thursday with the mood remaining quite upbeat following the European Central Bank's decision to cut interest rate.
RTTNews | Před 154 dny
European Stocks Close On Firm Note After ECB Cuts Interest Rate

European Stocks Close On Firm Note After ECB Cuts Interest Rate

European stocks closed on a firm note on Thursday, after the European Central Bank cut interest rate for the first time since September 2019. Expectations of an interest rate cut by the Federal Reserve in September also helped underpin sentiment.
RTTNews | Před 154 dny
Euro Strengthens After ECB Rate Cut

Euro Strengthens After ECB Rate Cut

The euro firmed against its major counterparts in the New York session on Thursday, as the European Central Bank cut interest rates by 25 basis points as widely expected, but did not provide clues on rate cut path in the future.
RTTNews | Před 154 dny

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