Forex Nyheter
European Economics Preview: Germany Industrial Output Data Due
Industrial production from Germany and France are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production data for June. Output is forecast to fall 0.3 percent month-on-month, reversing a 0.2 percent rise in May.
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Sensex, Nifty Slightly Higher Ahead Of RBI's MPC Meet
Indian shares were slightly higher in early trade on Friday ahead of the Reserve Bank of India's interest-rate decision later in the day.
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Asian Markets Mostly Higher Amid Cautious Trades
Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, as traders mostly make their moves, tracking quarterly earnings updates. They also seem cautious in making significant moves ahead of the release of the US Labor Department's closely watched monthly jobs report later in the day, which could impact the outlook for interest rates.
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Sensex, Nifty Set For Steady Open Ahead Of RBI's Rate Decision
Indian shares may open slightly higher on Friday as investors await the outcome of the RBI policy meeting later in the day.
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Japanese Market Notably Higher
The Japanese stock market is notably higher on Friday, extending the gains in the previous two sessions, with the benchmark Nikkei 225 moving above the 28,100 level, following the mixed cues from Wall Street overnight, boosted by gains in exporters and technology stocks, which mirrored their peers on tech heavy Nasdaq.
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Australian Market Modestly Higher
The Australian stock market is modestly higher on Friday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 7,000 mark, following the mixed cues from Wall Street overnight, with strong gains in gold mining and most technology stocks partially offset by weakness in energy stocks after crude oil price tumbled.
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TSX Ends Slightly Higher After Moving In Tight Range
The Canadian market ended slightly up on Thursday after a moving above the flat line for almost the entire duration of the day's session.
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more news
Dollar Drifts Lower Against Major Rivals Ahead Of Jobs Data
The U.S. dollar drifted lower against most of its major counterparts on Thursday as traders looked ahead to the crucial U.S. jobs data for the month of July.
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Canadian Market Holding In Positive Territory
The Canadian market is modestly higher Thursday afternoon, with stocks from materials, industrials and consumer discretionary sectors posting strong gains.
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Swiss Market Closes Higher Again
After a weak start and a subsequent recovery, the Switzerland stock market faltered around mid morning on Thursday, but recovered swiftly and stayed in positive territory for much of the day's session thereafter to eventually close modestly higher.
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European Stocks Close Slightly Higher As Investors Digest Earnings Updates, BoE Rate Decision
European stocks closed higher on Thursday after a somewhat volatile session, as investors reacted to the Bank of England's interest rate decision, and the latest batch of earnings updates, in addition to looking ahead to the upcoming U.S. non-farm payroll data, due on Friday.
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Pound Drops As BoE Lifts Key Rate; Warns Of Recession
The pound weakened against its major counterparts in the European session on Thursday, after the Bank of England raised its benchmark rate by half-a-percentage point and said that the economy is set to fall into a recession in the fourth quarter.
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Bank Of England Steps Up Tightening Despite Looming Recession
The Bank of England raised its benchmark rate by half-a-percentage point and outlined plans to offload government bonds citing persistent inflationary pressures and the tight labor market conditions despite a looming recession. The Monetary Policy Committee of the central bank voted 8-1 to lift the bank rate by 50 basis points to 1.75 percent, the highest rate since December 2008.
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