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UK Retail Sales Fall More Than Expected

UK retail sales declined more than expected in October as consumers reduced their spending on food and clothing, data released by the Office for National Statistics showed on Friday. Retail sales dropped 0.7 percent on a monthly basis in October, in contrast to the revised 0.1 percent rise in September. Sales were expected to fall 0.3 percent.
RTTNews | 1 일 전
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 1 일 전
Germany Narrowly Skirts Recession In Q3

Germany Narrowly Skirts Recession In Q3

The German economy grew marginally in the third quarter after a contraction, preventing a technical recession, official data revealed Friday. Gross domestic product posted a sequential growth of 0.1 percent in the third quarter, revised data from Destatis showed. The rate was downgraded from 0.2 percent estimated on October 30.
RTTNews | 1 일 전
NZ Dollar Falls Amid RBNZ Rate Cut Prospects

NZ Dollar Falls Amid RBNZ Rate Cut Prospects

The New Zealand dollar weakened against other major currencies in the Asian session on Friday, as traders expect the Reserve Bank of New Zealand (RBNZ) to cut its interest rates at the next week's monetary policy meeting.
RTTNews | 1 일 전
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash Purchasing Managers' survey results are due from the euro area and GDP from Germany are the top economic news due on Friday. At 2.00 am ET, Destatis publishes Germany's revised GDP data. The initial estimate showed that the largest euro area economy expanded 0.2 percent in the third quarter. In the meantime, the Office for National Statistics is scheduled to issue UK retail sales data.
RTTNews | 1 일 전
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Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Friday, following the positive cues from Wall Street overnight, amid strong gains in New Zealand, Taiwan, South Korea, Australia and Japan as traders tracked the upbeat earnings and revenue performance of AI darling Nvidia. Escalating geopolitical tensions amid the ongoing war between Russia and Ukraine continued to weigh on market sentiment.
RTTNews | 1 일 전
Japanese Market Notably Higher

Japanese Market Notably Higher

Reversing the losses in the previous two sessions, the Japanese stock market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The benchmark Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by in index heavyweights and technology stocks.
RTTNews | 1 일 전
Rebound Anticipated For Thai Stock Market

Rebound Anticipated For Thai Stock Market

The Thai stock market on Thursday halted the three-day winning streak in which it had gathered more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just above the 1,440-point plateau although it may bounce higher again on Friday.
RTTNews | 1 일 전
Indonesia Shares May Find Traction On Friday

Indonesia Shares May Find Traction On Friday

The Indonesia stock market has finished lower in back-to-back sessions, slumping almost 55 points or 0.8 percent along the way. The Jakarta Composite Index now rests just above the 7,140-point plateau although it may stop the bleeding on Friday.
RTTNews | 1 일 전

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