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European Economic News Preview: UK Retail Sales Data Due

Retail sales data from the UK is the major economic report due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for September. Sales are forecast to fall 0.3 percent on a monthly basis, reversing an increase of 1.0 percent in August.
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China Economy Logs Weakest Growth Since Early 2023

China Economy Logs Weakest Growth Since Early 2023

China's economy grew at the slowest pace in more than a year in the third quarter despite an improvement in retail sales as the property market continued to be a major drag on growth. Gross domestic product expanded 4.6 percent on a yearly basis in the third quarter, data from the National Bureau of Statistics showed on Friday. This was the weakest growth since the first quarter of 2023.
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European Shares Seen Tad Lower After Mixed China Data

European Shares Seen Tad Lower After Mixed China Data

European stocks look set to open a tad lower on Friday as mixed Chinese data released earlier today coupled with the lack of concrete stimulus details stirred concerns about the country's economic trajectory.
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Sensex, Nifty Open Lower On Muted Global Cues

Sensex, Nifty Open Lower On Muted Global Cues

Indian shares opened lower on Friday due to muted global cues as Middle East tensions persisted, and investors trimmed their bets on Federal Reserve interest-rate cuts this year.
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Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, as traders remain cautious ahead of the release of economic data from China, including GDP figures. A rate cut by the European Central Bank and expectations of interest rate cuts by the US Fed and the Bank of Canada are aiding market sentiment. Asian markets ended mixed on Thursday.
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Japanese Market Modestly Higher

Japanese Market Modestly Higher

Recouping some of the losses in the previous two sessions, the Japanese stock market is modestly higher on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is moving above the 39,000 mark, with gains in some index heavyweights and financial stocks partially offset by weakness in technology stocks.
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Australian Market Significantly Lower

Australian Market Significantly Lower

The Australian stock market is significantly lower on Friday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling a tad below the 8,300 level, with weakness across most sectors led by mining, energy and technology stocks.
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Thai Bourse May Take Another Crack At 1,500-Point Level

Thai Bourse May Take Another Crack At 1,500-Point Level

The Thai stock market has moved higher in two straight sessions, collecting almost 30 points or 2.1 percent in that span. The Stock Exchange of Thailand now rests just above the 1,495-point plateau and it's expected to open to the upside again on Friday.
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Rally May Stall For Indonesia Stock Market

Rally May Stall For Indonesia Stock Market

The Indonesia stock market has tracked higher in five straight sessions, climbing more than 250 points or 3.4 percent along the way. The Jakarta Composite Index now rests just above the 7,735-point plateau although it may be stuck in neutral on Friday.
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Hong Kong Shares Poised To End Losing Streak

Hong Kong Shares Poised To End Losing Streak

The Hong Kong stock market has moved lower in four straight sessions, stumbling almost 1,100 points or 5.2 percent along the way. The Hang Seng Index now sits just shy of the 20,080-point plateau although it's due for support on Friday.
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China Shares May Tick Higher Again On Friday

China Shares May Tick Higher Again On Friday

The China stock market has alternated between positive and negative finishes through the last seven trading days since the end of the 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just beneath the 3,170-point plateau and it nay bounce higher again on Friday.
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Additional Support Likely For Taiwan Stock Market

Additional Support Likely For Taiwan Stock Market

The Taiwan stock market rebounded on Thursday, one session after ending the four-day winning streak in which it had surged more than 680 points or 3.2 percent. The Taiwan Stock Exchange now rests just above the 23,050-point plateau and it's expected to open in the green again on Friday.
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