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Pound Rises Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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vor 32 Tagen
Earning Updates Fail To Boost CAC 40
Corporate earnings updates from France failed to lift the CAC-40 benchmark above the flatline on Friday.
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vor 32 Tagen
DAX Positive Amidst Boost In Business Climate
A more-than-expected increase in the Business Climate indicator and positive earnings updates from the corporate sector helped the DAX benchmark record positive performance in the day's trading.
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vor 32 Tagen
Microsoft CEO Satya Nadella Gets $79.1 Mln Pay In 2024, Up 63%
Microsoft Corp.'s Chairman and Chief Executive Officer Satya Nadella received a pay raise of around 63% in fiscal 2024, with most of the package being in the shares of the tech major. Meanwhile, the cash incentive was more than 50 percent lower than Nadella would have been awarded, following his request for a reduction amid recent security issues.
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vor 32 Tagen
Eurozone Bank Lending Growth Improves In September
Eurozone bank lending growth improved moderately in September as interest rates started to ease, data published by the European Central Bank showed on Friday. The adjusted loans to the private sector rose 1.6 percent compared with 1.5 percent in August. Claims on the private sector posted a steady annual growth of 1.2 percent in September.
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vor 32 Tagen
Mixed Trend In Asian Markets
Equity markets in Asia traded on a mixed note ahead of elections in Japan over the weekend and uncertainty over the impact on Bank of Japan's monetary policy stance.
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vor 32 Tagen
German Business Confidence Improves For First Time In 5 Months
German business confidence improved for the first time in five months in October but remained at a low level suggesting weaker economic activity, survey results from the ifo Institute showed Friday. The business climate index climbed to 86.5 in October from 85.4 in the previous month. The score was forecast to rise to 85.6. This was the first rise in five months.
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vor 32 Tagen
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Tokyo Inflation Falls Below 2%
Inflation in Japan's capital Tokyo fell below 2 percent for the first time since May, data from the Ministry of Internal Affairs and Communications showed Friday. Excluding fresh food, consumer price inflation weakened to 1.8 percent in October from 2.0 percent in September. Inflation was seen at 1.7 percent. The rate fell below 2.0 percent for the first time in five months.
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vor 32 Tagen
China Keeps Medium-Term Lending Facility Rate Unchanged
China's central bank left the rate on medium-term lending facility unchanged on Friday after lowering the rate by 30 basis points last month. The People's Bank of China maintained the medium-term lending facility rate at 2.0 percent. The central bank today conducted a seven-day reverse repo operations of CNY 292.6 billion at an interest rate of 1.5 percent.
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vor 32 Tagen
Antipodean Currencies Fall Ahead Of U.S. Presidential Election
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday, as investors are awaiting the outcome of the U.S. presidential election on Sunday.
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vor 32 Tagen
European Economic News Preview: German Ifo Business Confidence Data Due
Business confidence from Germany and monetary aggregates from the euro area are the top economic news due on Friday. At 2.45 am ET, France's consumer confidence survey data is due. Economists expect the confidence index to fall slightly to 94 in October from 95 in the previous month.
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vor 32 Tagen
European Markets Seen Opening On A Weak Note
European markets are expected to open on Friday on a cautious note as market's focus on the health of the corporate sector.
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vor 32 Tagen
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
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vor 32 Tagen
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