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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
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vor 153 Tagen
Sensex, Nifty Open Higher Led By IT Stocks; RBI MPC Decision Eyed
Indian shares opened on a firm note Friday despite muted global cues and huge FII selling amounting to Rs 24,960 crores cumulatively during the last three days.
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vor 153 Tagen
European Economic News Preview: German Industrial Production, Foreign Trade Data Due
Industrial production and foreign trade from Germany and house prices from the UK are the top economic news 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 and foreign trade for April.
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vor 153 Tagen
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.
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vor 153 Tagen
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.
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vor 154 Tagen
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.
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vor 154 Tagen
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.
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vor 154 Tagen
more news
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.
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vor 154 Tagen
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.
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vor 154 Tagen
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.
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vor 154 Tagen
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.
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vor 154 Tagen
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.
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vor 154 Tagen
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.
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vor 154 Tagen
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