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FTSE 100 Gains After Labour Victory

U.K. stocks traded higher on Friday as the Labour Party secured a landslide victory in the U.K. election to end 14 years of Conservative rule.
RTTNews | vor 118 Tagen
DAX Gains Before French Runoff Election

DAX Gains Before French Runoff Election

German stocks advanced on Friday after opinion polls predicted that the second-round run-off vote in France's parliamentary election on Sunday might lead to a hung parliament with no clear majority.
RTTNews | vor 118 Tagen
German Industrial Output Logs Unexpected Decline

German Industrial Output Logs Unexpected Decline

Germany's industrial production declined unexpectedly in May suggesting that the economy is losing steam, official data revealed on Friday. Industrial production posted a monthly decline of 2.5 percent in May, reversing a revised 0.1 percent rise in April, Destatis reported. Output was expected to grow 0.2 percent.
RTTNews | vor 118 Tagen
Yen Rises Amid Speculation On Fx Market Intervention

Yen Rises Amid Speculation On Fx Market Intervention

The Japanese yen strengthened against other major currencies in the Asian session on Friday, as speculation rose that the Japanese authorities have intervened the currency market to prop up the currency.
RTTNews | vor 118 Tagen
U.S. Dollar Falls; All Eyes On U.S. Jobs Data

U.S. Dollar Falls; All Eyes On U.S. Jobs Data

The U.S. dollar weakened against other major currencies in the Asian session on Friday, as traders now await the release of crucial U.S. monthly jobs report later in the day for cues on the outlook for interest rates.
RTTNews | vor 118 Tagen
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Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Friday.
RTTNews | vor 118 Tagen
European Economic News Preview: Germany Industrial Output Data Due

European Economic News Preview: Germany Industrial Output Data Due

Industrial production from Germany and house prices from the UK are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production data for May. Economists forecast industrial output to grow 0.2 percent on month, in contrast to the 0.1 percent fall in April.
RTTNews | vor 119 Tagen
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Friday, following the broadly positive cues from global markets overnight, as traders largely stayed reluctant to make significant moves amid a lack of any new catalyst after a holiday on Wall Street. They now await the release of crucial US monthly jobs report later in the day for cues on the outlook for interest rates.
RTTNews | vor 119 Tagen

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