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U.S. Dollar Advances Ahead Of Nonfarm Payrolls Data

The U.S. dollar climbed against its major counterparts on Friday, as investors awaited U.S. jobs data later in the day for more clues about the strength of the labor market.
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European Shares Decline On Disappointing US Tech Earnings

European Shares Decline On Disappointing US Tech Earnings

European stocks declined on Friday, as investors digested key tech earnings released after the U.S. market close on Thursday and awaited the all-important U.S. jobs data due later in the day.
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China's Xpeng Launches Two Smart EVs For Europe

China's Xpeng Launches Two Smart EVs For Europe

Chinese electric vehicle manufacturer Xpeng announced the launch of its two latest smart EV models for a number of European markets. Xpeng G9 flagship SUV, and the new P7 sports sedan are now available for order in Denmark, Norway, the Netherlands, and Sweden. Both models are on show at eCar Expo 2023 in Stockholm from February 3 to 5.
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Asian Shares Mixed Ahead Of US Jobs Data

Asian Shares Mixed Ahead Of US Jobs Data

Asian stocks ended mixed on Friday as U.S. tech giants reported disappointing earnings and investors awaited key U.S. jobs data later in the day for additional clues on the health of the world's economy and rate outlook.
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Turkish Consumer Price Inflation Slows To 57.68%

Turkish Consumer Price Inflation Slows To 57.68%

Turkey's consumer price inflation eased for a third month in a row in January, but remained strong, preliminary figures from the statistical office Turkstat showed Friday. The consumer price index, or CPI, rose 57.68 percent year-on-year following a 64.27 percent increase in December. Economists had forecast 53.5 percent inflation. In the same month last year, inflation was 14.97 percent.
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European Economic News Preview: Eurozone Final Composite PMI Data Due

European Economic News Preview: Eurozone Final Composite PMI Data Due

Final composite Purchasing Managers' survey results from the euro area and other major Eurozone economies are due on Friday, headlining a busy day for the European economic news. At 2.45 am ET, France's statistical office INSEE is scheduled to issue industrial production for December. Economists forecast output to grow 0.2 percent on month, slower than the 2.0 percent increase in January.
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China Service Sector Recovers In January

China Service Sector Recovers In January

China's service sector expanded for the first time in five months at the start of the year with the rollback of pandemic related restrictions, survey results from S&P Global showed on Friday. The Caixin services Purchasing Managers' Index climbed to 52.9 in January from 48.0 in December. The reading was also above economists' forecast of 51.6.The score exceeded the neutral 50.0 mark.
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Asian Markets Mixed In Cautious Trades

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mostly higher on Friday, following the mostly positive cues from global markets overnight, as the markets continue to benefit from a positive reaction to the US Fed's interest rate announcement, with traders expressing optimism the Fed is nearing the end of its rate hiking cycle. Asian markets ended mostly higher on Thursday.
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Sensex, Nifty Poised For Higher Opening In Cautious Trade

Sensex, Nifty Poised For Higher Opening In Cautious Trade

Indian shares are seen opening higher on Friday after Adani Group entities reportedly made scheduled coupon payments on outstanding U.S. dollar-denominated bonds and the Group clarified that it hasn't pledged any share of Ambuja Cements and its subsidiary ACC to finance the acquisition of the two assets.
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Thai Stock Market Expected To Open In The Green On Friday

Thai Stock Market Expected To Open In The Green On Friday

The Thai stock market turned lower again on Thursday, one day after snapping the two-day slide in which it had fallen almost 10 points or 0.6 percent. The Stock Exchange of Thailand now rests just beneath the 1,685-point plateau and it's tipped to bounce higher again on Friday.
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Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is significantly higher on Friday, extending the gains in the previous two sessions, with the benchmark Nikkei 225 moving above the 27,600 level, following the mostly positive cues from global markets overnight, lifted by exporters and financial stocks as traders continue to digest the US Fed's interest rate announcement.
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