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Pound Falls Amid Risk Aversion
The pound was lower against its most major counterparts in the European session on Friday, as risk sentiment soured due to the prospect of further policy tightening by the U.S. Federal Reserve.
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734 일 전
Asian Shares Mixed On Rate Hike Worries
Asian stocks ended mixed on Friday amid much uncertainty about where inflation and interest rates are headed.
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734 일 전
Colgate-Palmolive Recalls 4.9 Mln Fabuloso Cleaners
Consumer goods major Colgate-Palmolive Co. is recalling around 4.9 million units of Fabuloso multi-purpose cleaners citing risk of exposure to bacteria, the U.S. Consumer Product Safety Commission said. The recall involves certain Fabuloso Multi-Purpose Cleaners, which can be used to clean most residential hard surfaces, in different scents of Lavender, Refreshing Lemon, Passion of Fruits, Spring
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734 일 전
Malaysia Growth Fastest In 22 Years
Despite a sharp slowdown, Malaysia's economy posted robust expansion in the fourth quarter of 2022, supported by private consumption and investment, taking overall growth for the year to the highest in 22 years. Growth in gross domestic product, or GDP, advanced 7.0 percent in the fourth quarter, but the pace more than halved from the 14.2 percent registered in the third quarter.
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734 일 전
European Economic News Preview: UK GDP & Foreign Trade Data Due
Quarterly national accounts from the UK and monetary policy decision from Russia are the top economic news due on Friday. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK's quarterly national accounts, industrial production and foreign trade figures. The economy is forecast remain flat sequentially in the fourth quarter, after shrinking 0.3 percent in the third quarter.
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734 일 전
China Consumer Price Inflation Accelerates; Producer Price Deflation Deepens
China's consumer price inflation increased in January with the rise in demand during the Lunar New Year holiday and the easing of Covid restrictions, while the decline in producer prices deepened due to falling commodity prices, official data revealed Friday. Consumer price inflation rose to 2.1 percent in January from 1.8 percent in December, the National Bureau of Statistics reported Friday.
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734 일 전
European Shares To Open On Tepid Note Amid Hawkish Fed Bets
European stocks may open on a subdued note Friday as investors reassess bets on how high the Federal Reserve will raise rates to bring inflation down to target over time. An overnight spike in U.S. Treasury yields also raised fears of a looming recession.
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734 일 전
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Sensex, Nifty Edge Lower On Fed Concerns, Metal And IT Stocks Hit Hard
Indian shares opened on a tepid note Friday amid nagging concerns about the U.S. economy and the future pace of Fed rate hikes.
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734 일 전
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, as the markets remain concerned over the outlook for interest rates amid the prospect of further policy tightening from the US Fed as part of its commitment to reign in stubborn inflation. Recent hawkish comments by some Fed officials are also weighing on the markets.
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734 일 전
Sensex, Nifty Seen Lower On Wall Street Cues
Indian shares are likely to open lower on Friday as uncertainty prevails about where U.S. interest rates are heading.
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734 일 전
Little Movement Seen For Thai Stock Market
The Thai stock market has finished lower in four straight sessions, sinking more than 20 points or 1.2 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,670-point plateau and it's tipped to open under pressure again on Friday.
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734 일 전
Lower Open Anticipated For Indonesia Stock Market
The Indonesia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had picked up more than 70 points or 1.1 percent. The Jakarta Composite Index now rests just beneath the 6,900-point plateau and it's expected to open in the red again on Friday.
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734 일 전
Japanese Market Significantly Higher
The Japanese stock market is significantly higher on Friday, recouping some of the losses in the previous three sessions, with the benchmark Nikkei 225 moving to nearly 27,800 level, despite the broadly negative cues from Wall Street overnight, lifted by upbeat earnings and solid outlooks by some major heavyweight companies.
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734 일 전
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