Forex Nyheter
Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Friday.
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European Economic News Preview: Eurozone Flash PMI Data Due
Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Friday. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK retail sales and public sector finance data. Retail sales are forecast to rise 1.6 percent on month in May, in contrast to the 2.3 percent decrease in April.
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European Shares Poised For Mixed Open
European stocks may open on a mixed note Friday as weak U.S. data stirred fresh debate over when the Fed may start cutting interest rates.
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Sensex, Nifty Struggle For Direction; IT Stocks Surge
Indian shares struggled for direction on Friday as global bond yields surged on hawkish Fed comments.
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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as the markets struggle for direction as traders digest mixed economic data from the region and US. Optimism about an interest rate cut by the US Fed this year helped keep investor sentiment somewhat positive, but rising geopolitical tensions in Europe and the Middle East weighed on the markets.
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Sensex, Nifty To Open On Cautious Note As Bond Yields Rise
Indian shares may open on a sluggish note Friday as rising bond yields may weigh on IT stocks.
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Japanese Market Slightly Higher
Adding to the gains in the previous session, the Japanese stock market is slightly higher in choppy trading on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is moving to near the 38,700 level, with gains in index heavyweights, exporters and financial stocks partially offset by weakness in technology stocks.
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Thai Stock Market Expected To Remain Rangebound On Friday
The Thai stock market on Thursday ended the modest two-day winning streak in which it had collected more than 7 points or 0.6 percent. The Stock Exchange of Thailand now rests just beneath the 1,300-point plateau and it's looking at a fairly flat lead for Friday's trade.
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Australian Market Slightly Lower
The Australian stock market is slightly lower on Friday, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 7,800 level, with some weakness in technology and financial stocks partially offset by gains in mining and energy stocks amid a spike in commodity prices.
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Indonesia Stock Market May See Additional Support On Friday
The Indonesia stock market on Thursday wrote a finish to the five-day losing streak in which it had stumbled almost 200 points or 2.9 percent. The Jakarta Composite Index now rests just shy of the 6,820-point plateau and it may add to its winnings on Friday.
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Rebound Anticipated For Hong Kong Stock Market
The Hong Kong stock market headed south again on Thursday, one day after ending the three-day slide in which it had retreated almost 200 points or 1.1 percent. The Hang Seng Index now rests just above the 18,330-point plateau although it's expected to bounce higher again on Friday.
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Japan Manufacturing Sector Ebbs In June - Jibun Bank
The manufacturing sector in Japan continued to expand in June, albeit at a slower rate, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 50.1.
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China Shares May Find Traction On Friday
The China stock market has moved lower in back-to-back sessions, stumbling almost 25 points or 0.8 percent along the way. The Shanghai Composite Index now sits just above the 3,000-point plateau although it's due for support on Friday.
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