European Economic News Preview: France Foreign Trade Data Due
(RTTNews) - Foreign trade data from France and industrial production from Italy are due on Friday, headlining a light day for the European economic news.
At 2.45 am ET, France's customs office is slated to publish external trade data for September. The trade deficit is forecast to narrow to EUR 7.0 billion from EUR 7.4 billion in August.
At 4.00 am ET, Italy's ISTAT publishes industrial output data for September. Production is expected to fall 0.4 percent on month, in contrast to the 0.1 percent rise in August.
At 6.00 am ET, retail sales data is due from Italy. Economists forecast sales to grow 0.2 percent on month in September, reversing a 0.5 percent fall in the previous month.
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Yen Rises After Fed Rate Cut
The Japanese yen strengthened against other major currencies in the Asian session on Friday, after the U.S. Fed delivered the widely expected decision to lower interest rates by a quarter point and signaled no intention to skip cutting rates. The Bank of England also cut interest rates.
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5h 58min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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6h 43min ago
European Shares Seen Up With Eyes On Beijing Stimulus
European stocks may edge higher at open on Friday as investors await details of China's forthcoming stimulus at the conclusion of a week-long session of China's top legislative body, the National People's Congress (NPC) Standing Committee, later in the day.
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7h 46min ago
Sensex, Nifty Subdued; IT Stocks Bounce Back
Indian shares were moving in a narrow range on Friday despite positive cues from global markets after the Federal Reserve and the Bank of England cut interest rates as expected.
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9h 15min ago
Asian Markets Mostly Higher After Fed Rate Cut
Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, after the US Fed delivered the widely expected decision to lower interest rates by a quarter point and signaled no intention to skip cutting rates. The Bank of England also cut interest rates. Asian markets ended mixed on Thursday.
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10h 11min ago
Sensex, Nifty Seen Tad Higher At Open
Indian shares may open a tad higher on Friday, tracking firm cues from global markets. That said, volatility cannot be ruled out due to concerns about Trump policies and caution ahead of earnings results from prominent companies, including SBI, LIC and Tata Motors.
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11h 3min ago
Japanese Market Notably Higher
Reversing the losses in the previous session, the Japanese stock market is notably higher on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is moving above the 39,500 level, with gains in index heavyweights and exporter stocks.
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11h 18min ago
Thai Bourse Tipped To Open To The Upside
The Thai stock market has moved higher in two of tree trading days since the end of the two-day slide in which it had eased just over 3 points or 0.2 percent. The Stock Exchange of Thailand now sits just beneath the 1,470-point plateau and it may see additional support on Friday.
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11h 34min ago
