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European Shares Bounce Back As UK Avoids Recession

European Shares Bounce Back As UK Avoids Recession

European stocks bounced back on Friday, as government bond yields pulled back from recent highs and new data showed the U.K. economy has not yet fallen into a recession.
RTTNews | 839 дней спустя
Asian Shares Decline On Growth Concerns

Asian Shares Decline On Growth Concerns

Asian stocks fell again on Friday, with growing worries about the U.K.'s fiscal policy, Europe's energy crisis and hawkish Fed commentary weighing on markets.
RTTNews | 839 дней спустя
UK GDP Expands In Q2

UK GDP Expands In Q2

The UK economy expanded in the second quarter after a revision to the services output, but growth remained below the pre-pandemic level, data released by the Office for National Statistics showed on Friday. Gross domestic product grew 0.2 percent sequentially, which was revised up from a first estimate contraction of 0.1 percent. Nonetheless, the pace of growth was weaker than the 0.7 percent exp
RTTNews | 839 дней спустя
European Economics Preview: Eurozone Inflation, Unemployment Data Due

European Economics Preview: Eurozone Inflation, Unemployment Data Due

Flash inflation and unemployment from the euro area are due on Friday, headlining a hectic day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's monthly labor market statistics. In the meantime, the Office for National Statistics releases UK revised GDP data for the second quarter.
RTTNews | 839 дней спустя
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Asian Markets Mostly Lower On Global Cues

Asian Markets Mostly Lower On Global Cues

Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from global markets overnight, on growing fears of a recession amid persistently high inflation, rising interest rates and slowing global growth. Buying interest generated by the Bank of England's bond market intervention quickly evaporated as traders quickly cashed in on the gains.
RTTNews | 839 дней спустя
Japanese Market Tumbling

Japanese Market Tumbling

The Japanese stock market is sharply lower on Friday, giving up the gains in the previous session, with the benchmark Nikkei 225 falling more than 400 points to below the 26,000 mark, following the broadly negative cues from global markets overnight, dragged by weakness across most sectors, led by technology and financial stocks, amid growing fears of a recession and rising interest rates.
RTTNews | 839 дней спустя
Thai Bourse Poised To Extend Losing Streak

Thai Bourse Poised To Extend Losing Streak

The Thai stock market has finished lower in five straight sessions, slipping more than 50 points or 3.4 percent along the way. The Stock Exchange of Thailand now rests just above the 1,590-point plateau and it may take further damage on Friday.
RTTNews | 839 дней спустя
Indonesia Bourse May Give Up Support At 7,000 Points

Indonesia Bourse May Give Up Support At 7,000 Points

The Indonesia stock market has finished lower in five straight sessions, sinking more than 170 points or 2.6 percent along the way. The Jakarta Composite Index now rests just above the 7,035-point plateau and it's looking at another soft start again on Friday.
RTTNews | 839 дней спустя

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