Forex News
German Construction PMI Rises To 16-Month High
Germany's construction sector activity contracted at the slowest pace in 16 months in September, survey results from S&P Global showed on Friday. The construction Purchasing Managers' Index rose to 41.7 from 38.9 in the previous month. This was the highest since May 2023. However, the score remained below 50.0, indicating contraction.
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56 days ago
FTSE 100 Edges Lower Ahead Of US Jobs Data
U.K. stocks traded lower on Friday as investors awaited the much-anticipated U.S. employment report for September later in the day for greater insight into the health of the economy and the outlook for rates.
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56 days ago
CAC 40 Edges Higher After Thursday's Selloff
French stocks eked out modest gains on Friday after falling sharply in the previous session on concerns over a worsening conflict in the Middle East.
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56 days ago
DAX Little Changed Ahead Of US Jobs Report
German stocks were little changed on Friday as Middle East tensions persisted, and investors looked ahead to the all-important U.S. jobs report later in the day that could decide the path of U.S. interest rates.
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56 days ago
Asian Shares Mixed As Investors Await US Payrolls Report
Asian stocks ended mixed on Friday as Middle East tensions persisted, and investors looked ahead to the all-important U.S. jobs report later in the day that could decide the path of U.S. interest rates.
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56 days ago
India Service Sector Continues To Expand In September
India service sector expanded at a solid pace in September but growth in total new business, exports and overall output grew at the slowest rates since late-2023, final data compiled by S&P Global showed on Friday. The HSBC services Purchasing Managers' Index fell to 57.7 in September from 60.9 in the previous month. The flash reading was 58.9.
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56 days ago
Samsung Starts Mass Production Of Most Powerful SSD For AI PCs
Samsung Electronics Co. announced that it has begun mass production of a new solid-state drive or SSD that stores and transfers data for artificial intelligence personal computers. The South Korean advanced memory tech major has initiated mass producing PM9E1, a PCle 5.0 SSD with the industry's highest performance and largest capacity. According to the firm, the SSD has significantly...
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56 days ago
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Friday.
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56 days ago
European Shares Seen Flat To Higher At Open
European stocks may open flat to slightly higher on Friday as investors await the U.S. Labour Department's highly anticipated monthly jobs report later in the day for more clarity regarding the outlook for the U.S. economy and interest rates.
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56 days ago
European Economic News Preview: France Industrial Output Data Due
Industrial production from France and construction Purchasing Managers' survey data from Germany and the UK are due on Friday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs releases Swiss unemployment data for September.
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56 days ago
Sensex, Nifty Little Changed After Thursday's Selloff
Indian shares were modestly lower on Friday, after having suffered heavy losses in the previous session.
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56 days ago
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Friday, following the broadly negative cues from global markets overnight, as traders remain cautious and keep an eye on developments in the Middle East, where an escalating conflict has contributed to a sharp increase in the price of crude oil. They also seemed reluctant to make significant moves ahead of the highly anticipated US monthly jobs report.
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56 days ago
Japanese Market Modestly Higher
Extending the strong gains in the previous session, the Japanese stock market is modestly higher on Friday, despite the negative cues from global markets overnight. The benchmark Nikkei 225 is moving to near the 38,700 level, with gains across most sectors led by financial stocks as Prime Minister Ishiba and Bank of Japan Governor Kazuo Ueda downplayed the likelihood of an interest rate hike soon.
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56 days ago
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