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European Economics Preview: Germany Industrial Output Data Due
Industrial production and retail sales from Germany and house prices from the UK are due on Friday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss unemployment data for September. The jobless rate is seen unchanged at seasonally adjusted 2.1 percent.
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vor 934 Tagen
Asian Markets Mostly Lower On Global Cues
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from global markets overnight, as traders continue to be concerned about the outlook for interest rates and the impact higher rates will have on the economy. A continued rebound by US treasury yields also weighed on the markets. Asian markets ended mixed on Thursday.
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vor 935 Tagen
Sensex, Nifty Set To Drift Lower On Growth Worries
Indian shares may open a tad lower on Friday after the World Bank cut India's GDP growth forecast for the fiscal year 2022-23 to 6.5 percent from 7.5 percent estimated earlier, citing the spill overs from the Russia-Ukraine war and global monetary policy tightening.
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vor 935 Tagen
Thai Stock Market: Resistance Expected At 1,600 Points
The Thai stock market has moved higher in three straight sessions, advancing almost 30 points or 2 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,590-point plateau although the rally may stall on Friday.
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vor 935 Tagen
Japanese Market Modestly Lower
The Japanese stock market is modestly lower on Friday, snapping a four-session winning streak, with the benchmark Nikkei 225 falling below the 27,200 level, following the broadly negative cues from global markets overnight, dragged by weakness across most sectors, led by technology and financial stocks amid concerns about the outlook for interest rates and looming recession.
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vor 935 Tagen
Indonesia Stocks Poised To Open Under Pressure
The Indonesia stock market has moved higher in three straight sessions, gathering more than 65 points or 0.9 percent along the way. The Jakarta Composite Index now rests just above the 7,075-point plateau although it may be stuck in neutral on Friday.
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vor 935 Tagen
Lower Open Projected For Hong Kong Stock Market
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had stumbled almost 700 points or 4 percent to an 11-year closing low. The Hang Seng Index sits just above the 18,010-point plateau and it's expected to open under pressure again on Friday.
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vor 935 Tagen
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Taiwan Stock Market Due For Profit Taking On Friday
The Taiwan stock market has finished higher in three straight sessions, rallying more than 600 points 4.6 percent along the way. The Taiwan Stock Exchange now rests just above the 13,890-point plateau although it's likely to open in the red on Friday.
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vor 935 Tagen
Singapore Stock Market Tipped To Open In The Red
The Singapore stock market on Thursday snapped the two-day winning streak in which it had improved more than 45 points or 1.5 percent. The Straits Times Index now rests just above the 3,150-point plateau and it may take further damage on Friday.
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vor 935 Tagen
Japan Household Spending Rises 5.1% On Year In August
The average of household spending in Japan was up 5.1 percent on year in August, the Ministry of Internal Affairs and Communications said on Friday - coming in at 289,974.
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vor 935 Tagen
Malaysia Stock Market May Extend Thursday's Losses
The Malaysia stock market gave up less than a single point on Thursday, but that was enough to end the three-day winning streak in which it had collected more than 25 points or 1.9 percent. The Kuala Lumpur Composite Index now rests just above the 1,420-point plateau and the losses may accelerate on Friday.
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vor 935 Tagen
South Korea Has $3.05 Billion Current Account Deficit In August
South Korea posted a current account deficit of $3.05 billion in August, the Bank of Korea said on Friday.
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vor 935 Tagen
South Korea Stock Market May Run Out Of Steam On Friday
The South Korea stock market has climbed higher in three straight sessions, collecting more than 80 points or 3.7 percent along the way. The KOSPI sits just above the 2,235-point plateau although investors may lock in gains on Friday.
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vor 935 Tagen
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