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FTSE 100 Drifts Lower As Pound Gains On Upbeat Retail Sales Data
U.K. stocks drifted lower on Friday while the British pound strengthened against other major currencies after official data showed that U.K. retail sales volume rebounded in July - dashing investor hopes of a Q4 Bank of England rate cut.
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Pred 131 dňami
CAC 40 Modestly Higher On Renewed US Economic Optimism
French stocks were seeing modest gains on Friday, after having rallied sharply the previous day on hopes of a soft landing for the world's largest economy.
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Pred 131 dňami
DAX Extends Gains On Economic Optimism
German stocks rose on Friday to extend gains from the previous session as fears of a U.S. recession eased and optimism prevailed that the Federal Reserve would lower interest rates by at least 25-basis at next month's upcoming policy meeting.
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Pred 131 dňami
Asian Shares Climb On US Growth Optimism
Asian stocks advanced on Friday as encouraging U.S. data on inflation and retail sales allayed recession fears in the world's largest economy but prompted traders to push back expectations for aggressive rate cuts by the Federal Reserve.
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Pred 131 dňami
Pound Rises On Strong U.K. Retail Sales Data
The British pound strengthened against other major currencies in the European session on Friday, after data showed that U.K. retail sales volume rebounded in July as summer discounting and the European football Championship boosted department stores and sports equipment stores sales.
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Pred 131 dňami
UK Retail Sales Recover In July
UK retail sales volume rebounded in July as summer discounting and the European football Championship boosted department stores and sports equipment stores sales. Retail sales increased 0.5 percent on a monthly basis in July, following a revised 0.9 percent fall in June. Economists had forecast sales to grow 0.6 percent.
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Pred 131 dňami
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Friday.
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Pred 131 dňami
more news
NZ Dollar Rises Amid Risk Appetite
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday amid risk appetite, as stronger than expected U.S. retail sales and weekly jobless claims data helped ease concerns about a recession in the world's largest economy. However, this is expected to prompt the U.S. Fed to go for a lower interest rate cut in September.
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Pred 131 dňami
Malaysia GDP Growth Rises More Than Estimated
Malaysia's economic growth accelerated more than initially estimated in the second quarter on household consumption and investment. Gross domestic product registered an annual growth of 5.9 percent in the second quarter after rising 4.2 percent in the previous quarter, revised estimate from the Department of Statistics showed on Friday.
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Pred 131 dňami
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
RTTNews
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Pred 131 dňami
European Shares Likely To Open On Mixed Note
European stocks are seen opening on a mixed note Friday after scoring big gains in the previous session.
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Pred 131 dňami
European Economic News Preview: UK Retail Sales Data Due
Retail sales from the UK and foreign trade from the euro area are the top economic news due on Friday. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for July. Sales are forecast to grow 0.5 percent on month, reversing the 1.2 percent decrease in June.
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Pred 131 dňami
Sensex, Nifty Follow Global Peers Higher As US Recession Fears Fade
Indian shares were notably higher on Friday as strong retail sales data and lower-than-expected weekly jobless claims figures helped ease fears of a looming recession in the United States.
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Pred 131 dňami
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