Forex News
Pound Rises As U.K. Exits Recession
The British pound strengthened against other major currencies in the pre-European session on Friday, after the U.K. economy exited a technical recession in the first quarter with the economic output growing better than expected led by a rebound in the services output and household spending.
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4h 22min ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the pre-European session on Friday.
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4h 59min ago
European Shares Set For Steady Open On Hopes For Rate Cuts
European stocks may open on a firm note Friday, with U.S. rate cuts and optimism over China's economic recovery likely to underpin investor sentiment.
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6h 34min ago
Sensex, Nifty Open Higher On Hopes For Fed Rate Cuts
Indian shares opened on a positive note Friday as soft labor market data from the U.S. added to expectations for rate cuts by the Federal Reserve in the coming months.
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7h 50min ago
Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from global markets overnight, after data showing a much bigger than expected increase in U.S. jobless claims for last week added to recently renewed optimism that the US Fed will lower interest rates by September. Asian markets ended mixed on Thursday.
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8h 50min ago
Sensex, Nifty Seen Opening Up As Treasury Yields Dip
Indian shares look set to open higher on Friday as soft labor market data from the U.S. dented demand for the dollar and Treasury yields.
RTTNews
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9h 35min ago
Japanese Market Significantly Higher
Recouping some of the losses in the previous two sessions, the Japanese stock market is significantly higher on Friday, following the broadly positive cues from global markets overnight. The benchmark Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by index heavyweights and financial stocks.
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9h 37min ago
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Thai Stock Market May Halt Its Slide On Friday
The Thai stock market has moved lower in consecutive trading days, sinking more than 7 points or 0.5 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,370-point plateau although it's due for support on Friday.
RTTNews
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10h 33min ago
Australian Market Notably Higher
Recouping some of the losses in the previous session, the Australian stock market is notably higher on Friday, following the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 is staying above the 7,700 level, with gains across most sectors led by mining and energy stocks amid a spike in commodity prices, and technology stocks.
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10h 40min ago
Hong Kong Shares May Extend Thursday's Gains
The Hong Kong stock market on Thursday ended the two-day slide in which it had slumped more than 260 points or 1.4 percent. The Hang Seng Index now sits just above the 18,530-point plateau and it's tipped to open in the green again on Friday.
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10h 48min ago
Higher Open Called For China Stock Market
The China stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had collected more than 40 points or 1.3 percent. The Shanghai Composite Index now sits just beneath the 3,155-point plateau and it may see additional support on Friday.
RTTNews
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11h 3min ago
Rebound Predicted For Taiwan Shares
The Taiwan stock market on Thursday ended the four-day winning streak in which it had advanced more than 480 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 20,560-point plateau although it's likely to see renewed support on Friday.
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11h 33min ago
Japan Has Y3.398 Trillion Current Account Surplus
Japan posted a current account surplus of 3.398 trillion yen in March, the Ministry of Finance said on Friday - up 44 percent from the previous year.
RTTNews
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11h 38min ago
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